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Houston High Revenue + Guest Accommodations + Occupancy Rate $700k

8011 Colton Mining Ct
ROI
25.26% IRR
Strategy
Short Term Rental
One of the highest capacity Airbnb deals on the market. Very high occupancy rates and the booking calendar fills about a month in advance. Income is not reported but occupancy is mirroring the high side of Houston’s average at 65% and average daily rate is $400 for average monthly income of $7900. Taxes 9661.

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Houston High Revenue + Guest Accommodations + Occupancy Rate $700k

Listed 07/05/2024

8011 Colton Mining Ct

Purchase Price:$700,000

Cash Outlay:$189,000

Cashflow:$1,576/mo

Cap Rate:10.25%

IRR:25.26%

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