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Vacant 1% Rule Fourplex with $100/door in Cash Flow

4818 Monterey St, San Antonio
ROI
18.92% IRR
Strategy
Long Term Rental
Vacant 1% Rule fourplex with $100/door in cash flow. Updated interiors just needs appliances. Strong cashflow play in a C class area close to universities, downtown, parks, and shopping. : 2,350 sq ft two story fourplex with 2 beds, 1 bath per unit. Built in 1984, lightly updated interiors with separate electric and shared water meter. No washer/dryer hookups or central HVAC.

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Vacant 1% Rule Fourplex with $100/door in Cash Flow

Listed 06/09/2023

4818 Monterey St, San Antonio

Purchase Price:$299,000

Cash Outlay:$85,730

Cashflow:$381/mo

Cap Rate:7.25%

IRR:18.92%

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