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

Rent-Ready Fourplex Next to University of Houston, TSU, and Medical Center with a Motivated Seller

3801 Briley St, Houston
ROI
18.43% IRR
Strategy
Long Term Rental
Rent-ready fourplex next to University of Houston, TSU, and medical center with a motivated seller. Three 2 bed units and one 3 bed unit. Two story 3,248 sq ft fourplex built in 1960 with updated plumbing and electrical. Two units getting minor updates before closing, others already rent-ready. Three 2 bed, 1 bath units with market rents $1250-1300/mo, plus one 3 bed, 1 bath unit with market rent $1350-1400/mo.

Enter your email to download the proforma

< Back to Daily Deals

Rent-Ready Fourplex Next to University of Houston, TSU, and Medical Center with a Motivated Seller

Listed 10/24/2023

3801 Briley St, Houston

Purchase Price:$550,000

Cash Outlay:$148,500

Cashflow:$506/mo

Cap Rate:7.25%

IRR:18.43%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Mid Term Rental

New Construction Mid-Term Duplex with $20k in Closing Incentives

605 S 13th St, Temple

Purchase Price:$334,990

Cash Outlay:$83,748

Cashflow:$724/mo

Cap Rate:8.28%

IRR:28.42%

Short Term Rental

9-Bed Rent By The Room Deal in Austin

6313 Kedington St, Austin

Purchase Price:$460,000

Cash Outlay:$124,200

Cashflow:$1,267/mo

Cap Rate:9.26%

IRR:29.83%

Short Term Rental

Turnkey 3 Bed STR Pool Home on an Oversize Lot

1268 Hilltop Dr, San Marcos

Purchase Price:$350,000

Cash Outlay:$104,500

Cashflow:$1,721/mo

Cap Rate:11.49%

IRR:38.76%

Long Term Rental

Renovated 1% Rule 6-Plex in Copperas Cove

601 Sunset Ln, Copperas Cove

Purchase Price:$460,000

Cash Outlay:$147,200

Cashflow:$863/mo

Cap Rate:8.54%

IRR:19.92%

B.E.A.F

4 Bed BEAF Deal Close to Ft Sam and Downtown

2618 Green Leaf Way, San Antonio

Purchase Price:$259,000

Cash Outlay:$69,930

Cashflow:$549/mo

IRR:29.36%

Long Term Rental

Remodeled and Occupied 1% Rule Duplex

9929 Ardash Ln, San Antonio

Purchase Price:$278,000

Cash Outlay:$75,060

Cashflow:$304/mo

Cap Rate:7.16%

IRR:21.73%