Value-Add Cashflowing Quadplex in San Antonio $420k

202 Fir Dale, Converse

ROI

17.66% IRR

Strategy

Long Term Rental

9% cap rate in Converse which is an appreciating suburb of San Antonio. Value-add. Assume all 4 units will need to be updated as tenants move out. Budget $15k per door and confirm renovation budget with your GC during due diligence. 4 tenants in place each pays $1000 per month. Taxes 7331.

Enter your email to download the proforma

< Back to Daily Deals

Value-Add Cashflowing Quadplex in San Antonio $420k

Listed 07/11/2024

Download the report Talk to an agent

202 Fir Dale, Converse

Purchase Price:$420,000

Cash Outlay:$113,400

Cashflow:$345/mo

Cap Rate:9.01%

IRR:17.66%

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 Hitting the 1% Rule | $400k

507 Oregon St, San Antonio

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$562/mo

Cap Rate:7.52%

IRR:19.00%

Long Term Rental

Houston Full Duplex Producing $3,750/mo in Katy ISD | $450k

5216 & 5218 Beaverbrook Dr, Houston

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$403/mo

Cap Rate:6.91%

IRR:16.04%

Long Term Rental

Dallas Proper Newer-Built Duplex Producing $5,700/mo | $700k

1654-1656 Hudspeth Ave, Dallas

Purchase Price:$700,000

Cash Outlay:$189,000

Cashflow:$678/mo

Cap Rate:7.00%

IRR:16.47%

Long Term Rental

San Antonio Off-Market Newer Single Family Rental $1,895/mo $209K

13923 Wool Park, San Antonio

Purchase Price:$209,000

Cash Outlay:$56,430

Cashflow:$203/mo

Cap Rate:7.00%

IRR:16.47%

Long Term Rental

Houston New Construction Rental $2,905 Rent $299K

10607 Crescent Peak Ct, Rosharon

Purchase Price:$299,000

Cash Outlay:$80,730

Cashflow:$502/mo

Cap Rate:7.00%

IRR:19.75%

Short Term Rental

Irving Proven STR With $115K 2026 Revenue $510K

1809 Salem St, Irving

Purchase Price:$510,000

Cash Outlay:$137,700

Cashflow:$879/mo

Cap Rate:7.91%

IRR:20.87%