DFW Short Term Rental $425k

2302 Erwin Dr, Euless

ROI

26.09% IRR

Strategy

Short Term Rental

Located in Euless less than 5 minutes to the DFW airport, equidistant to 3 Major hospitals (Baylor Scott White Grapevine with 300+ beds, Medical city Las Colinas 80+ beds, Baylor Scott White Irving with 297 beds). 20 minutes to downtown Dallas, 20 minutes to downtown Fort Worth. Pool, hot tub, mini golf, already set up for an airbnb that will book consistently with low cash needed to get it running. An exceptional central location for STRs. Occupancy rates average 65-70%. ADR comps are $300-$500. Taxes $7092.

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DFW Short Term Rental $425k

Listed 01/29/2025

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2302 Erwin Dr, Euless

Purchase Price:$425,000

Cash Outlay:$114,750

Cashflow:$939/mo

Cap Rate:9.04%

IRR:26.09%

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