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Turnkey 1% Rule Fourplex Built in 2002 in Killeen with Two 2 Bed Units and Two 3 Bed Units

4410 Alan Kent Dr, Killeen
ROI
16.36%
Strategy
Long Term Rental
Turnkey 1% Rule fourplex built in 2002 in Killeen. Two 2 bed units and two 3 bed units. Two story townhome-style fourplex built in 2002. Two units are 2 bed, 1.5 bath, two are 3 bed, 2 bath. Three units currently rented below market - one m-t-m, one expiring in June, and one expiring April 2024. Neighborhood of multifamilies with no HOA. Easy access to parks, shopping, schools, less than 10 minutes to Ft Hood.

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Turnkey 1% Rule Fourplex Built in 2002 in Killeen with Two 2 Bed Units and Two 3 Bed Units

Listed 05/12/2023

4410 Alan Kent Dr, Killeen

Purchase Price:$400,000

Cash Outlay:$118,000

Cashflow:$469/mo

Cap Rate:7.07%

IRR:16.36%

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