San Antonio B-Grade Quadplex $550k

806 Station, Converse

ROI

14.41% IRR

Strategy

Long Term Rental

3 of the 4 units are occupied. Current rents are $1100, $1050, $1000. This is one of the rare quadplex options that a FHA buyer could purchase and pass the self-sufficiency standard with very little cash out of pocket. Investors can fill the last remaining vacancy. Lease comps average $1150 per door here. The home is in great condition, in a convenient location, with very low vacancy. NOTE: 804 Station is also available and 100% occupied. Leases in that are $1100, $1100, $1100, $1150. Taxes $8538.

Enter your email to download the proforma

< Back to Daily Deals

San Antonio B-Grade Quadplex $550k

Listed 04/02/2025

Download the report Talk to an agent

806 Station, Converse

Purchase Price:$550,000

Cash Outlay:$148,500

Cashflow:$339/mo

Cap Rate:6.57%

IRR:14.41%

Talk to an agent about this property

Get a response in less than 24 hours.

Message

See other properties

Long Term Rental

Baytown 4-Unit Cash Cow With $6550/mo Income – $450k

2633 W Main St, Baytown

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$2,118/mo

Cap Rate:11.49%

IRR:38.22%

Long Term Rental

Dallas Pair of Duplexes Exceeding the 1% Rule – $650k

2250/2254 Areba St Unit A&B, Dallas

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$1,028/mo

Cap Rate:7.74%

IRR:20.04%

Long Term Rental

Stephenville Student Housing Quad Near Tarleton State – $650k

852 W Vanderbilt, Stephenville

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$65/mo

Cap Rate:5.96%

IRR:11.42%

Long Term Rental

San Antonio Quadplex Hitting the 1% Rule | $400k

507 Oregon St, San Antonio

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$562/mo

Cap Rate:7.52%

IRR:19.00%

Long Term Rental

Houston Full Duplex Producing $3,750/mo in Katy ISD | $450k

5216 & 5218 Beaverbrook Dr, Houston

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$403/mo

Cap Rate:6.91%

IRR:16.04%

Long Term Rental

Dallas Proper Newer-Built Duplex Producing $5,700/mo | $700k

1654-1656 Hudspeth Ave, Dallas

Purchase Price:$700,000

Cash Outlay:$189,000

Cashflow:$678/mo

Cap Rate:7.00%

IRR:16.47%