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Turnkey 1% Rule Fourplex Built in 1997 in Killeen All 3 Bed Units, Currently Occupied

1100 Horizon Dr, Killeen
ROI
18.39% IRR
Strategy
Long Term Rental
Turnkey 1% Rule fourplex built in 1997 in Killeen. All 3 bed units, currently occupied. Two story townhome-style fourplex built in 1997. All 3 bed, 2 bath units over 1100 sq ft each. Unit B recently remodeled and occupied by current owner. Unit A is short term lease that can potentially be vacated. Units C & D occupied with month-to-month tenants.

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Turnkey 1% Rule Fourplex Built in 1997 in Killeen All 3 Bed Units, Currently Occupied

Listed 05/12/2023

1100 Horizon Dr, Killeen

Purchase Price:$425,000

Cash Outlay:$114,750

Cashflow:$538/mo

Cap Rate:7.36%

IRR:18.39%

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