FREE book: The Book on Texas Real Estate Investing — download now

Occupied and Cashflowing Fourplex with Upside in Rents

12710 Leader St #4, Houston
ROI
25.11% IRR
Strategy
Long Term Rental
Occupied and cashflowing fourplex with upside in rents. All 2 bed units, each currently leased for $900/mo with market rents $1100/mo. Rare asset type - very few MF come available in Alief, almost no quads. 4,372 sq ft two story fourplex built in 1984 with all 2 bed, 1.5 bath units. Fully occupied for $3600/mo, with market rents $4200-4400/mo. Brand new hardie siding, HVAC all 5-7 years old, and roof 11 years old.

Enter your email to download the proforma

< Back to Daily Deals

Occupied and Cashflowing Fourplex with Upside in Rents

Listed 07/03/2023

12710 Leader St #4, Houston

Purchase Price:$395,000

Cash Outlay:$106,650

Cashflow:$721/mo

Cap Rate:8.02%

IRR:25.11%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Mid Term Rental

San Antonio OFF MARKET Down Town Duplex $299k

1119 W Myrtle St, San Antonio

Purchase Price:$299,000

Cash Outlay:$80,730

Cashflow:$48/mo

Cap Rate:5.59%

IRR:11.33%

Long Term Rental

Houston Single Family Rental $344k

10618 Cascade Creek Dr, Rosharon

Purchase Price:$344,000

Cash Outlay:$92,880

Cashflow:$354/mo

Cap Rate:6.63%

IRR:16.38%

Long Term Rental

San Marcos Fully Occupied Quadplex $399k

1634 Post Rd, San Marcos

Purchase Price:$399,000

Cash Outlay:$107,730

Cashflow:$549/mo

Cap Rate:7.05%

IRR:18.40%

Long Term Rental

DFW Fully Occupied Duplex $440k

11358 Quail Run St #358 & 360, Dallas

Purchase Price:$440,000

Cash Outlay:$118,800

Cashflow:$440/mo

Cap Rate:6.60%

IRR:16.22%

Long Term Rental

Houston Portfolio of 2 Single Family Homes $668k

10614 Cascade Creek and 10611 Crescent Peak, Rosharon

Purchase Price:$668,000

Cash Outlay:$180,360

Cashflow:$760/mo

Cap Rate:6.76%

IRR:17.01%

Long Term Rental

Houston Portfolio of 3 Single Family Homes $902k

10607 Crescent Peak, 10603 Cascade Creek, 10631 Cascade Creek

Purchase Price:$902,000

Cash Outlay:$243,540

Cashflow:$897/mo

Cap Rate:6.59%

IRR:16.18%