FREE book: The Book on Texas Real Estate Investing — download now

Value-Add Quadplex with 1% Rule Potential Just Outside Ft Cavazos

711 W Avenue C, Killeen
ROI
19.35% IRR
Strategy
Long Term Rental
Value-add quadplex with 1% rule potential just outside Ft Cavazos. $60k price reduction for foundation repairs needed. (3) 1 bed, 1 bath units and (1) 2 bed, 1 bath unit. 2,506 sq ft quadplex built in 1960 with (3) 1 bed, 1 bath units and (1) 2 bed, 1 bath unit. Market rents on 1 bed units $650/mo, 2 bed unit $850/mo. Foundation needs some additional piers and leveling.

Enter your email to download the proforma

< Back to Daily Deals

Value-Add Quadplex with 1% Rule Potential Just Outside Ft Cavazos

Listed 08/25/2023

711 W Avenue C, Killeen

Purchase Price:$205,000

Cash Outlay:$95,350

Cashflow:$467/mo

Cap Rate:7.68%

IRR:19.35%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties
Updated Today

Long Term Rental

Dallas Pair of Duplexes Exceeding the 1% Rule – $650k

2250/2254 Areba St Unit A&B, Dallas

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$1,028/mo

Cap Rate:7.74%

IRR:20.04%

Updated Today

Long Term Rental

Stephenville Student Housing Quad Near Tarleton State – $650k

852 W Vanderbilt, Stephenville

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$65/mo

Cap Rate:5.96%

IRR:11.42%

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%