Fully Remodeled and Occupied Quadplex with Positive Cashflow and Room to Increase Rents

2324 Cedar Dr, La Marque

ROI

20.99% IRR

Strategy

Long Term Rental

Fully remodeled and occupied quadplex with positive cashflow and room to increase rents. (4) 2 bed units currently rented for $3800/mo with potential for $4000-4200/mo.

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Fully Remodeled and Occupied Quadplex with Positive Cashflow and Room to Increase Rents

Listed 08/03/2023

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2324 Cedar Dr, La Marque

Purchase Price:$415,000

Cash Outlay:$112,050

Cashflow:$384/mo

Cap Rate:6.96%

IRR:20.99%

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