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

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

Short Term Rental

Austin OFF-MARKET Airbnb Earning $78K | $599K

3313 Oak Aly, Austin

Purchase Price:$599,000

Cash Outlay:$161,730

Long Term Rental

San Antonio Rare 2007-Built Eightplex | $850K

11106 Bel Air Dr, San Antonio

Purchase Price:$850,000

Cash Outlay:$229,500

Cashflow:$772/mo

Cap Rate:6.93%

IRR:16.12%

Long Term Rental

Houston OFF-MARKET New Duplex $4,800/mo | $440K

13511 Segrest Dr, Houston

Purchase Price:$440,000

Cash Outlay:$118,800

Cashflow:$1,059/mo

Cap Rate:8.72%

IRR:24.82%

Long Term Rental

Houston Low-Maintenance Living in Gated Overlook | $285K

9323 Spindlewood Dr, Houston

Purchase Price:$280,000

Cash Outlay:$75,600

Cashflow:$287/mo

Cap Rate:6.63%

IRR:16.37%

Long Term Rental

DFW Low-Maintenance Living in Gated Overlook | $266K

6713 Lake Overlook Dr, Fort Worth

Purchase Price:$266,000

Cash Outlay:$71,820

Cashflow:$20/mo

Cap Rate:5.30%

IRR:10.66%

Long Term Rental

Houston Ready-Made Investment Property | $270K

3016 Andiamo Ln, Katy

Purchase Price:$270,000

Cash Outlay:$72,900

Cashflow:$136/mo

Cap Rate:6.00%

IRR:13.32%