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Off Market AirBnB in Austin Averaging $30k per Month $2.4M

1116 Terjo Ln, Austin
ROI
37.02% IRR
Strategy
Short Term Rental
Active short term rental averaging $30k per month. Management is already in place, and they would like to continue managing the asset. 7 beds, pickle ball court, pool, perfect for large group stays which are hard to find in the Austin market. Seller asking 2.4M. Taxes $20k.

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Off Market AirBnB in Austin Averaging $30k per Month $2.4M

Listed 08/13/2024

1116 Terjo Ln, Austin

Purchase Price:$2,400,000

Cash Outlay:$648,000

Cashflow:$10,876/mo

Cap Rate:11.88%

IRR:37.02%

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