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Turnkey 5-Plex Exceeding The 1% Rule $595k

3918 McKinney Ext, La Marque
ROI
21.76% IRR
Strategy
Long Term Rental
Fully occupied 5-plex in La Marque. The building is in excellent condition and cash flowing from day 1. Current rents are: $1250, $1125, $1125, $1250, $1345. Total: $6095. Leases expire in 2025 and 2026. We have a great lender referral for you to finance a 5 unit purchase. Taxes $10629.

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Turnkey 5-Plex Exceeding The 1% Rule $595k

Listed 09/04/2024

3918 McKinney Ext, La Marque

Purchase Price:$595,000

Cash Outlay:$160,650

Cashflow:$1,200/mo

Cap Rate:7.80%

IRR:21.76%

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