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Rare Duplex on Lewisville Lake with Strong STR History

3600-3602 Kayewood Dr, Little Elm
ROI
24.08% IRR
Strategy
Short Term Rental
Rare duplex on Lewisville Lake with strong STR history. Turnkey 2 bed units with newer HVAC, water heater, and interior upgrades. Backed up to woods with walkable trail to waterfront. Single story 2,286 sq ft duplex built in 2002 with 2 beds, 2 baths per side. Turnkey condition with modern, upgraded interiors, stainless appliances, open floorplan. Newer HVAC and water heaters.

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Rare Duplex on Lewisville Lake with Strong STR History

Listed 06/21/2023

3600-3602 Kayewood Dr, Little Elm

Purchase Price:$599,000

Cash Outlay:$181,730

Cashflow:$2,061/mo

Cap Rate:9.60%

IRR:24.08%

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