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

Occupied 6-Unit Complex with Assumble Loan at 4.5% Interest

905 E Fayle St, Baytown
ROI
15.61% IRR
Strategy
Long Term Rental
Occupied 6-unit complex with assumble loan at 4.5% interest. Strong cashflow from day one. 6-unit complex built in 1960 with (5) 1 bed, 1 bath units plus (1) studio. Currently fully occupied for $4525/mo ($782/mo avg for 1 beds and $615/mo for suite). Tenants pay own electric, owner pays water, gas, trash, and common area electric.

Enter your email to download the proforma

< Back to Daily Deals

Occupied 6-Unit Complex with Assumble Loan at 4.5% Interest

Listed 09/25/2023

905 E Fayle St, Baytown

Purchase Price:$420,000

Cash Outlay:$144,400

Cashflow:$730/mo

Cap Rate:6.08%

IRR:15.61%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Killeen Fully Occupied Quadplex $325k

1108 Eastside Dr, Killeen

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$587/mo

Cap Rate:8.06%

IRR:21.14%

Long Term Rental

Houston Occupied Duplex $335k

4340 Phlox St, Houston

Purchase Price:$335,000

Cash Outlay:$90,450

Cashflow:$731/mo

Cap Rate:8.46%

IRR:23.54%

Long Term Rental

Dallas Turnkey Duplex $415k

312 California Dr, Glenn Heights

Purchase Price:$415,000

Cash Outlay:$112,050

Cashflow:$274/mo

Cap Rate:6.63%

IRR:14.68%

Long Term Rental

Fort Worth Quadplex $500k

3204 McLean St, Fort Worth

Purchase Price:$500,000

Cash Outlay:$135,000

Cashflow:$667/mo

Cap Rate:7.44%

IRR:18.59%

Long Term Rental

Fort Worth 1% Rule Duplex $320k

8521 Gatlinburg Dr, Fort Worth

Purchase Price:$320,000

Cash Outlay:$86,400

Cashflow:$566/mo

Cap Rate:7.96%

IRR:21.12%

Long Term Rental

Fort Worth 1% Rule Duplex $325k

3411 Stonewall Ln, Fort Worth

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$491/mo

Cap Rate:7.65%

IRR:19.63%