Occupied Fourplex Rented Below Market with Three 2 Bed and 1 Bath Units

1601 Benttree Dr, Killeen
ROI
20.02% IRR
Strategy
Long Term Rental
Occupied fourplex rented below market. Three 2 bed, 1 bath units leased for $700/mo plus one 3 bed unit leased for $800/mo. Value-add potential with rent increases to $800-1000/mo.

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Occupied Fourplex Rented Below Market with Three 2 Bed and 1 Bath Units

Listed 06/05/2023

1601 Benttree Dr, Killeen

Purchase Price:$349,000

Cash Outlay:$94,230

Cashflow:$245/mo

Cap Rate:6.70%

IRR:20.02%

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