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Cash Cow Austin Airbnb Pulling $19k per Month $985k

2002 Rosewood Ave, Austin
ROI
65.32% IRR
Strategy
Short Term Rental
Walkable east Austin location, owners report an average of $3000 per month for the 1-bedroom unit and $16,500 per month for the 5-bedroom main house. I’m waiting on the Airbnb dashboard to confirm. The reported earnings do mirror what we would expect from a professionally managed (65-70% occupancy) STR in East Austin. Furnishings are included in the sale and the Airbnb is fully licensed. Taxes 10787.

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Cash Cow Austin Airbnb Pulling $19k per Month $985k

Listed 07/09/2024

2002 Rosewood Ave, Austin

Purchase Price:$985,000

Cash Outlay:$265,950

Cashflow:$9,281/mo

Cap Rate:18.44%

IRR:65.32%

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