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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.

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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%

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