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Updated 11 months ago on . Most recent reply

John Steffen's profile image
John Steffen's profile image
John Steffen
  • Real Estate Agent
  • from Dallas/Fort Worth, TX
  • Member since Jan 21, 2019
  • Posts 71
  • Votes 31
  • Experience 5 Yrs
  • Investments 5
Connect

User Stats

71
Posts
31
Votes
John Steffen's profile image
John Steffen's profile image
John Steffen
  • Real Estate Agent
  • from Dallas/Fort Worth, TX
  • Member since Jan 21, 2019
  • Posts 71
  • Votes 31
  • Experience 5 Yrs
  • Investments 5
Connect
John Steffen
  • Real Estate Agent
  • Dallas/Fort Worth, TX
31
Votes |
71
Posts
Real Estate Deal Analysis & Advice

Light Value-add Quadplex

John Steffen
  • Real Estate Agent
  • Dallas/Fort Worth, TX
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $515,000
Cash invested: $128,750

Textbook quadplex buy and hold right outside the DFW metro. 2 story brick building with 4 identical 2 bed 1.5 bath units. Just under the 1% rule at close, but we plan to convert 2 units into furnished mid-term rentals at premium rates.

  • John Steffen
1 Vote
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