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Occupied Fourplex with 3 Bed, 2 Bath Units in Weatherford Rented Below Market Rates

125 Lindas Creek Lane, Weatherford
ROI
20.02% IRR
Strategy
Long Term Rental
Occupied fourplex with 3 bed, 2 bath units in Weatherford rented below market rates. Turnkey condition with newer roof. Single story quadruplex built in 2008 with all 3 bed, 2 bath, 1067sq ft units. All units currently leased for $1220-1500/mo, with market rates $1600/mo. New roof installed 2020.

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Occupied Fourplex with 3 Bed, 2 Bath Units in Weatherford Rented Below Market Rates

Listed 03/22/2023

125 Lindas Creek Lane, Weatherford

Purchase Price:$715,000

Cash Outlay:$193,050

Cashflow:$598/mo

Cap Rate:6.85%

IRR:20.02%

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