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Occupied 1% Rule Quadplex in Clover Leaf

14149 Force St #4, Houston
ROI
18.73% IRR
Strategy
Long Term Rental
Occupied 1% rule quadplex in Clover Leaf. All updated 1 bed units with strong tenant demand. 2,224 sq ft two story quadplex built in 1981 with 1 bed, 1 bath units. All updated including tile floors, granite counters, tankless water heaters. (3) units occupied at $821/mo, (1) at $925/mo.

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Occupied 1% Rule Quadplex in Clover Leaf

Listed 07/19/2023

14149 Force St #4, Houston

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$324/mo

Cap Rate:7.04%

IRR:18.73%

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