Turnkey 4 Bed Close to 1% Rule with Rapid Development Nearby, Centrally Located Between Ft Sam and Randolph AFB

8002 Falcon Meadow Dr, Converse

ROI

19.89% IRR

Strategy

Long Term Rental

Turnkey 4 bed close to 1% rule with rapid development nearby, centrally located between Ft Sam and Randolph AFB. Great entry price $30-50k below comps, with some cosmetic value-add potential.

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Turnkey 4 Bed Close to 1% Rule with Rapid Development Nearby, Centrally Located Between Ft Sam and Randolph AFB

Listed 03/31/2023

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8002 Falcon Meadow Dr, Converse

Purchase Price:$215,000

Cash Outlay:$58,050

Cashflow:$173/mo

Cap Rate:6.82%

IRR:19.89%

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