Fredericksburg Short Term Rental $550k

229 Sunday Cir, Fredericksburg

ROI

19.35% IRR

Strategy

Short Term Rental

Located in Texas Wine Country just west of Austin. This is a turnkey short term rental operation with excellent ratings and a full calendar of bookings that will convey with the sale. HOA allows STRs and HOA fee covers water, trash and community pool access. The property has averaged $6600-$7000 per month for the last 17 months. Management will convey for a seamless ownership transition. Asking price is $600k. I think we can pick it up for $550k or less. HOA $125. Taxes $4596.

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Fredericksburg Short Term Rental $550k

Listed 12/12/2024

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229 Sunday Cir, Fredericksburg

Purchase Price:$550,000

Cash Outlay:$148,500

Cashflow:$830/mo

Cap Rate:7.65%

IRR:19.35%

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