🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

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.

Enter your email to download the proforma

< Back to Daily Deals

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

Listed 09/04/2024

Download the report Talk to an agent

3918 McKinney Ext, La Marque

Purchase Price:$595,000

Cash Outlay:$160,650

Cashflow:$1,200/mo

Cap Rate:7.80%

IRR:21.76%

Talk to an agent about this property

Get a response in less than 24 hours.

Message

See other properties

Long Term Rental

San Antonio Quadplex w/ $60k Price Drop $450k

503 E Southcross Blvd, San Antonio

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$1080/mo

Cap Rate:8.71%

IRR:24.37%

Long Term Rental

DFW Cashflowing Long Term Rental Quadplex $725k

764 E Pecan St, Hurst

Purchase Price:$725,000

Cash Outlay:$195,750

Cashflow:$85/mo

Cap Rate:7.25%

IRR:17.50%

Mid Term Rental

Dallas Mid Term Rental Quadplex $900k

5309 E Side Ave, Dallas

Purchase Price:$900,000

Cash Outlay:$243,000

Cashflow:$1,490/mo

Cap Rate:7.82%

IRR:20.17%

Short Term Rental

Houston 4 Bed + Pool SFR $260k

7062 Windy Pines Dr, Spring

Purchase Price:$255,000

Cash Outlay:$68,850

Cashflow:$176/mo

Cap Rate:6.63%

IRR:14.72%

Long Term Rental

Houston Single Family Rental $270k

1903 Ryansbrook Ln, Spring

Purchase Price:$270,000

Cash Outlay:$72,900

Cashflow:$83/mo

Cap Rate:5.47%

IRR:11.83%

Long Term Rental

DFW Cashflowing Duplex $290k

2316 Meadow Ln, Mesquite

Purchase Price:$290,000

Cash Outlay:$78,300

Cashflow:$145/mo

Cap Rate:6.43%

IRR:13.65%