Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Success Stories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

16
Posts
10
Votes
Jim Moore
  • Investor
10
Votes |
16
Posts

Brand New Construction 4plex w/ 5% interest rate

Jim Moore
  • Investor
Posted

My team closed on a brand new construction 4plex this week in a master-planned community near Lackland and Medina Airbase. We have access to a few more!! 

Price - $960,000

Preferred Lender rate - 5%

Rent per unit - $1,700-$1,800 (3 of the 4 units we had leased at close)

Unit size - 3bed | 2.5 bath + garage

Financials - 25% down, 5% rate, monthly cash flow roughly $900 

Most Popular Reply

User Stats

10,504
Posts
5,102
Votes
Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
5,102
Votes |
10,504
Posts
Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

Congrats Jim!

Loading replies...