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Occupied 1% Rule Duplex Just Outside Ft Cavazos

909 W Dean Ave, Killeen
ROI
19.63% IRR
Strategy
Long Term Rental
Occupied 1% Rule duplex just outside Ft Cavazos. C grade area with strong cashflow potential. Separate utility meters. Built in 1959, best for a hands-on investor expecting some deferred maintenance. 1,744 sq ft duplex built in 1959 with 2 bed, 1 bath units currently leased for $700 & $750, both expiring before closing. Market rents $1050-1100/mo. Separate utilities.

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Occupied 1% Rule Duplex Just Outside Ft Cavazos

Listed 01/23/2024

909 W Dean Ave, Killeen

Purchase Price:$200,000

Cash Outlay:$54,000

Cashflow:$239/mo

Cap Rate:7.28%

IRR:19.63%

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