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Fully Furnished Active AirBnB Duplex + Casita Grossing $94k/yr

5215 Palmer St, Houston

ROI

26.63% IRR

Strategy

Short Term Rental

Fully furnished active AirBnB duplex + casita grossing $94k/yr. All 3 units were remodeled in 2023. Strong demand in a great location, minutes from Texas Medical Center, Museum District, and Universities. No HOA or STR restrictions. Remodeled, furnished duplex with a casita. Built in 1935 with a renovation in 2023. Grossed $94k in past 12 months.

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Fully Furnished Active AirBnB Duplex + Casita Grossing $94k/yr

Listed 03/27/2024

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5215 Palmer St, Houston

Purchase Price:$750,000

Cash Outlay:$205,000

Cashflow:$1,646/mo

Cap Rate:8.42%

IRR:26.63%

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