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Houston Medical Center Quadplex $665k

2415 McGowen St #4, Houston
ROI
21.61% IRR
Strategy
Short Term Rental
Houston Quadplex in the heart of the city directly between downtown and the medical center. Currently use as a mixed short term and long term rental. All furnishings and decor are available as well. This is a turnkey Airbnb or mid term rental quadplex in an excellent location and in great condition. Long Term renters historically have paid between $1500 - $1700 per month. STR income projected over $2250 per door per month. Taxes $9538

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Houston Medical Center Quadplex $665k

Listed 08/26/2024

2415 McGowen St #4, Houston

Purchase Price:$665,000

Cash Outlay:$179,550

Cashflow:$914/mo

Cap Rate:10.09%

IRR:21.61%

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