Cashflowing Quadplex in Killeen $350k

1313 Quail Cir, Killeen

ROI

18.79% IRR

Strategy

Long Term Rental

3 of 4 units are currently occupied. One unit was left open for showings. Rents are $875, $825, vacant, $850. Market rate rents are $950 per month for comparable units. Each unit has an identical floor plan with 2 beds, 1 bath, and 850 sqft. Located minutes from a major military base for a constant stream of tenants. New roof in 2023. Taxes $4536.

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Cashflowing Quadplex in Killeen $350k

Listed 11/04/2024

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1313 Quail Cir, Killeen

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$494/mo

Cap Rate:7.53%

IRR:18.79%

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