🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Active STR/MTR Duplex with Strong Booking History 1 Mile from the Beach and Pier

811 24th St, Galveston
ROI
35.14% IRR
Strategy
Short Term Rental
Active STR/MTR duplex with strong booking history 1 mile from the beach and pier. Owner lives in one unit, other is an active vacation rental. Renovated with a brand new roof, decks, bathrooms, kitchens, floors, paint, fixtures. Downstairs unit includes furnishings. Two story 1,966 sq ft duplex with 2 beds and 1 bath per unit. Owner lives upstairs, downstairs is an active vacation rental and includes all furnishings. Strong booking history with $3300/mo rent rates as a m2m.

Enter your email to download the proforma

< Back to Daily Deals

Active STR/MTR Duplex with Strong Booking History 1 Mile from the Beach and Pier

Listed 09/27/2023

811 24th St, Galveston

Purchase Price:$430,000

Cash Outlay:$126,100

Cashflow:$1,793/mo

Cap Rate:10.83%

IRR:35.14%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Occupied Quadplex Near Military Base $420k

1606 Aztec Trce, Harker Heights

Purchase Price:$420,000

Cash Outlay:$113,400

Cashflow:$382/mo

Cap Rate:6.47%

IRR:15.51%

Short Term Rental

Fully Occupied STR/MTR/LTR Quadplex $495k

410 Estelle St, Houston

Purchase Price:$495,000

Cash Outlay:$133,650

Cashflow:$514/mo

Cap Rate:6.63%

IRR:16.25%

Long Term Rental

Turnkey 5-Plex Exceeding The 1% Rule $595k

3918 McKinney Ext, La Marque

Purchase Price:$595,000

Cash Outlay:$160,650

Cashflow:$1,200/mo

Cap Rate:7.80%

IRR:21.76%

Long Term Rental

Renovated Quadplex Exceeding The 1% Rule $650k

912 Isbell Rd, Fort Worth

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$1,104/mo

Cap Rate:7.42%

IRR:19.97%

Long Term Rental

Cashflowing Off-Market Houston SFR $200k *great deal*

5414 Canterway Dr, Houston

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$245/mo

Cap Rate:6.64%

IRR:18.32%

Long Term Rental

Cashflowing Triplex Near Military Base $300k

900-910 S 15th St, Copperas Cove

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$435/mo

Cap Rate:9.28%

IRR:20.72%