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

South Austin Quadplex Just Off I-35 with Great MTR Potential

4905 Merritt Cir, Austin
ROI
21.09% IRR
Strategy
Mid Term Rental
South Austin quadplex just off I-35 with great MTR potential. 3 miles from St Davids hospital, 5 miles from airport. 3,120 sq ft two story quadplex with 2 bed, 1 bath units. All currently occupied with long term leases: Unit A $1200/mo m-t-m, Unit B $1250/mo expiring 8/23, Unit C $1200/mo expiring 9/23, and Unit D $1175/mo expiring 1/24.

Enter your email to download the proforma

< Back to Daily Deals

South Austin Quadplex Just Off I-35 with Great MTR Potential

Listed 09/21/2023

4905 Merritt Cir, Austin

Purchase Price:$825,000

Cash Outlay:$252,750

Cashflow:$1,206/mo

Cap Rate:7.62%

IRR:21.09%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Cash Cow 8-Plex $350k *EXCELLENT DEAL*

2902 Lake Rd, Killeen

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$1,510/mo

Cap Rate:11.16%

IRR:35.33%

Long Term Rental

Cashflowing Quadplex Exceeding The 1% Rule $385k

304 Palmwood Dr, Victoria

Purchase Price:$385,000

Cash Outlay:$103,950

Cashflow:$820/mo

Cap Rate:7.94%

IRR:22.41%

Long Term Rental

Short Term Rental Operation in Houston $600k

3901 Dallas St, Houston

Purchase Price:$600,000

Cash Outlay:$162,000

Cashflow:$1,058/mo

Cap Rate:7.50%

IRR:20.33%

Long Term Rental

Rare Plano Duplex with 8 Bedrooms $800k *EXCELLENT DEAL*

1908 Nest Pl, Plano

Purchase Price:$800,000

Cash Outlay:$216,000

Cashflow:$277/mo

Cap Rate:5.80%

IRR:12.34%

Long Term Rental

26 Unit Cash Cow North of Dallas $1,395,000

4931 Texoma Pkwy, Denison

Purchase Price:$1,395,000

Cash Outlay:$376,650

Cashflow:$4,284/mo

Cap Rate:9.67%

IRR:28.32%

Mid Term Rental

Off Market Dallas Duplex $689k

3148 Royal Ln, Dallas

Purchase Price:$689,000

Cash Outlay:$186,030

Cashflow:$1,666/mo

Cap Rate:8.29%

IRR:24.04%