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

Galveston Short Term Rental Portfolio $430k (each)

3626 Niko Ct, Galveston
ROI
13.22% IRR
Strategy
Short Term Rental
This is the largest equity deal of the year. These homes appraised between $625,000 and $720,000, and the motivated owner is selling them for just $430,000 each. I have five addresses available. This is essentially a BRRRR deal without the renovation. These are 2024 builds with luxury finishes throughout. Buy, refinance, and pull out all of your invested cash. Operate them as short-term rentals for strong cash flow—STR comps show annual revenue between $47,000 and $67,000 per property. Even as long-term rentals, they lease for $3,000 to $4,000 per month. No HOA. Approximate annual taxes are $8,000. Must-see deal.

Enter your email to download the proforma

< Back to Daily Deals

Galveston Short Term Rental Portfolio $430k (each)

Listed 04/08/2025

3626 Niko Ct, Galveston

Purchase Price:$430,000

Cash Outlay:$116,100

Cashflow:$176/mo

Cap Rate:6.33%

IRR:13.22%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Sherman / Denison Cashflowing 1% Rule Duplex $210k

1326 W Shepherd St, Denison

Purchase Price:$210,000

Cash Outlay:$56,700

Cashflow:$293/mo

Cap Rate:7.51%

IRR:18.95%

Long Term Rental

Houston 1% Rule Single Family Rental $270k

7215 Wind Dale St, Houston

Purchase Price:$270,000

Cash Outlay:$72,900

Cashflow:$557/mo

Cap Rate:8.31%

IRR:22.83%

Mid Term Rental

San Antonio STR/MTR Duplex Near Airport & Fort Sam $350K

3002 Wroxton, San Antonio

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$143/mo

Cap Rate:7.16%

IRR:14.04%

Long Term Rental

Dallas Excellent Location Househack Duplex $575k

10845 Marchant Cir, Dallas

Purchase Price:$575,000

Cash Outlay:$155,250

Cashflow:$75/mo

Cap Rate:5.68%

IRR:11.28%

Long Term Rental

Fort Worth Turnkey Quadplex $675K

143 Allencrest Dr, Fort Worth

Purchase Price:$675,000

Cash Outlay:$182,250

Cashflow:$240/mo

Cap Rate:6.26%

IRR:12.90%

Long Term Rental

DFW Off-Market Quadplex $565k

3736 Ramona Dr, Fort Worth

Purchase Price:$565,000

Cash Outlay:$152,550

Cashflow:$500/mo

Cap Rate:6.90%

IRR:15.98%