Off-Market 1% Rule Quadplex Next to Lockheed Martin

8028 Cambridge Cir, White Settlement

ROI

21.19% IRR

Strategy

Long Term Rental

Off-market 1% Rule quadplex next to Lockheed Martin. (2) 2bd units, (2) 1bd units. 3 of 4 tenants are on Section 8 Housing. Rents are $1335, 1100, 1100, and 695 (lease expired 1/31/24).

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Off-Market 1% Rule Quadplex Next to Lockheed Martin

Listed 03/13/2024

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8028 Cambridge Cir, White Settlement

Purchase Price:$515,000

Cash Outlay:$139,050

Cashflow:$501/mo

Cap Rate:7.01%

IRR:21.19%

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