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San Antonio Quadplex Exceeding The 1% Rule $510k great deal

6703 Brothers Ln, San Antonio

ROI

26.22% IRR

Strategy

Long Term Rental

All 4 units are occupied. Each tenant pays $1400 per month. Each unit is a large 3 bed 2 bath layout. NE San Antonio location close to the Randolph Base, Airport, I35, and Fort Sam for a very dense and diverse tenant pool which minimizes vacancy. Taxes $8713.

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San Antonio Quadplex Exceeding The 1% Rule $510k great deal

Listed 09/09/2024

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6703 Brothers Ln, San Antonio

Purchase Price:$510,000

Cash Outlay:$137,700

Cashflow:$1,232/mo

Cap Rate:10.48%

IRR:26.22%

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