🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

New Construction Fourplex by Medical District and UofH

6423 New York St, Houston
ROI
21.49% IRR
Strategy
Mid Term Rental
New construction fourplex by medical district and UofH. Gross $10-11k as a furnished mid-term rental and $12-13k as a short-term rental. Great option for a house hacker. C class neighborhood trending towards B class with moderate crime, active newer development and gentrification but still a lot of commercial buildings and distressed properties around. Two story townhome-style fourplex. Each unit has 1,384 sq ft with 3 beds and 3 baths.

Enter your email to download the proforma

< Back to Daily Deals

New Construction Fourplex by Medical District and UofH

Listed 12/07/2023

6423 New York St, Houston

Purchase Price:$900,000

Cash Outlay:$273,000

Cashflow:$ 1,345/mo

Cap Rate:7.97%

IRR:21.49%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Seller-Financing 5-Plex Cashflow Play in Harker Heights

306 W Valley Rd, Harker Heights

Purchase Price:$275,000

Cash Outlay:$70,500

Cashflow:$382/mo

Cap Rate:8.25%

IRR:21.23%

Long Term Rental

Cashflow 1% Rule Quadplex in Killeen

1703 Spring Rose Cir, Killeen

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$426/mo

Cap Rate:7.30%

IRR:19.73%

Long Term Rental

Rare Georgetown Quadplex Next to St David’s Hospital

1200 Southwalk St, Georgetown

Purchase Price:$731,000

Cash Outlay:$247,370

Cashflow:$1,477/mo

Cap Rate:7.73%

IRR:21.38%

Mid Term Rental

Value-Add Duplex in South Austin

2211 E Stassney Ln, Austin

Purchase Price:$385,000

Cash Outlay:$128,950

Cashflow:$622/mo

Cap Rate:7.31%

IRR:20.00%

Short Term Rental

Renovated Mid-Century Pool Home in An Excellent Location

3147 Leyte St, San Antonio

Purchase Price:$339,000

Cash Outlay:$101,530

Cashflow:$937/mo

Cap Rate:8.87%

IRR:27.25%

Mid Term Rental

Fully Occupied Quadplex in NE San Antonio Built in 2007

10810 Mathom Landing, Universal City

Purchase Price:$645,000

Cash Outlay:$214,150

Cashflow:$1,847/mo

Cap Rate:8.71%

IRR:25.26%