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Updated “1% Rule” 5-Plex in Port Lavaca

413 S Bauer Dr, Port Lavaca
ROI
26.63% IRR
Strategy
Long Term Rental
Updated "1% Rule" 5-plex in Port Lavaca. (4) 2 bed/2 bath units and (1) efficiency unit. Gross rent $4395/mo with an 8.4% cap rate.

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Updated “1% Rule” 5-Plex in Port Lavaca

Listed 01/25/2024

413 S Bauer Dr, Port Lavaca

Purchase Price:$315,000

Cash Outlay:$85,050

Cashflow:$674/mo

Cap Rate:8.39%

IRR:26.63%

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