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New Braunfels SFR w/ Built-In Equity $245k

317 Hummingbird Dr, New Braunfels

ROI

13.66% IRR

Strategy

Short Term Rental

4 bed 2 bath with 2500 sqft. 2006 build. Very nice neighborhood between Austin and San Antonio, one of the fastest growing areas in the country. Schools rated 8s and 6s. Rent comps support $2000 per month. Fair Market Value is $295k. Walk into a $50k equity position upon closing in a property that pays for itself. $25 HOA. Taxes $6151.

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New Braunfels SFR w/ Built-In Equity $245k

Listed 11/04/2024

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317 Hummingbird Dr, New Braunfels

Purchase Price:$245,000

Cash Outlay:$66,150

Cashflow:$213/mo

Cap Rate:4.80%

IRR:13.66%

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