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

Occupied Triplex Hitting the 1% Rule in Kashmere Gardens/Greater 5th Ward Just Outside Downtown

4518 Los Angeles St, Houston
ROI
20.73% IRR
Strategy
Long Term Rental
Occupied triplex hitting the 1% rule in Kashmere Gardens/Greater 5th Ward just outside downtown. Occupied triplex including a duplex with 3 beds, 2 baths on bottom level leased for $1150/mo, 1 bed 1 bath unit on upper level leased for $750/mo, and a separate 2 bed, 1 bath leased for $799/mo.

Enter your email to download the proforma

< Back to Daily Deals

Occupied Triplex Hitting the 1% Rule in Kashmere Gardens/Greater 5th Ward Just Outside Downtown

Listed 05/03/2023

4518 Los Angeles St, Houston

Purchase Price:$270,000

Cash Outlay:$72,900

Cashflow:$271/mo

Cap Rate:7.05%

IRR:20.73%

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%