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Fully Occupied Quadplex $315k

303 North Dr APT D, Copperas Cove
ROI
15.26% IRR
Strategy
Long Term Rental
All four units are occupied. Tenants pay $2670 per month and leases expire various times between Sept 2024 and April 2025. Each unit has the same 2 bed 1 bath 800 sqft layout and rents can be increased to $750 per door upon lease renewals. Tenants pay their own utilities. Property management already in place. Taxes $5352.

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Fully Occupied Quadplex $315k

Listed 09/16/2024

303 North Dr APT D, Copperas Cove

Purchase Price:$390,000

Cash Outlay:$105,300

Cashflow:$411/mo

Cap Rate:5.58%

IRR:15.26%

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