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3 Bed Main House with 2 Bed ADU in Historic Dignowity Hill Close to Downtown

933 Lamar St, San Antonio
ROI
29.06% IRR
Strategy
Short Term Rental
3 bed main house with 2 bed ADU in historic Dignowity Hill close to downtown. Main house fully updated with new roof, appliances, luxury floors. ADU needs cosmetic updates and possibly a roof. Seller offering $5k closing credit. 3 bed, 1 bath main house with upgrades throughout and a new roof. 2 bed, 1 bath ADU needing cosmetics and potentially a new roof. Separate property entrances to each building, multiple strategies with this one - house hack, STR both, LTR one and STR other, etc.

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3 Bed Main House with 2 Bed ADU in Historic Dignowity Hill Close to Downtown

Listed 03/31/2023

933 Lamar St, San Antonio

Purchase Price:$300,000

Cash Outlay:$96,000

Cashflow:$1,243/mo

Cap Rate:10.24%

IRR:29.06%

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