FREE book: The Book on Texas Real Estate Investing — download now

Turnkey 1% Rule Quadplex Near TWU with Three Units Leased Below Market

3208 Mclean St, Fort Worth
ROI
21.96% IRR
Strategy
Long Term Rental
Turnkey 1% Rule quadplex near TWU with three units leased below market. All 2 bed, 1.5 bath units with separate utilities. Great househack or cashflow play. 3,248 sq ft quadplex with 2 beds, 1.5 bath per unit. Built in 1985 with separate electric and water meters. Two units currently leased for $1k/mo, one unit at $900/mo, one unit vacant.

Enter your email to download the proforma

< Back to Daily Deals

Turnkey 1% Rule Quadplex Near TWU with Three Units Leased Below Market

Listed 06/19/2023

3208 Mclean St, Fort Worth

Purchase Price:$462,000

Cash Outlay:$124,740

Cashflow:$528/mo

Cap Rate:7.22%

IRR:21.96%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties
Updated Today

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%

Updated Today

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%

Long Term Rental

San Antonio Off-Market Newer Single Family Rental $1,895/mo $209K

13923 Wool Park, San Antonio

Purchase Price:$209,000

Cash Outlay:$56,430

Cashflow:$203/mo

Cap Rate:7.00%

IRR:16.47%