Killeen Fully Occupied Duplex $295k

3002 Honeysuckle Cir, Killeen

ROI

19.10% IRR

Strategy

Long Term Rental

Each unit is 2 beds 2 baths 1100 sqft. Both units occupied with tenants on month to month leases. Both tenants would like to renew their leases if possible. Side A pays $1100, side B pays $1200. Market rate is $1350 per door. I think we can offer $290k and land right at $295k. This is a good opportunity for an investor to pick up a turnkey asset, with no vacancy risk. Taxes $4093.

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Killeen Fully Occupied Duplex $295k

Listed 01/07/2025

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3002 Honeysuckle Cir, Killeen

Purchase Price:$295,000

Cash Outlay:$79,650

Cashflow:$432/mo

Cap Rate:7.59%

IRR:17.48%

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