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Seller-Financed Active STR Grossing $100k+ As-Is with Significant Upside

5903 Median Rd, Austin
ROI
37.99% IRR
Strategy
Short Term Rental
Seller-financed active STR grossing $100k+ as-is with significant upside. $200k down, 4% interest. Casita and garage onsite have not been converted and will dramatically increase revenue. All furnishings convey. 2,296sq ft two story main house with 3 beds, 2.5 baths built in 1995 on .67 acres. Gated driveway, secluded property. Onsite garage and casita can be converted into additional living spaces to easily increase bedroom count to 5-6. All furnishings convey with sale. Seller will finance with $200k down, 4% interest.

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Seller-Financed Active STR Grossing $100k+ As-Is with Significant Upside

Listed 04/10/2024

5903 Median Rd, Austin

Purchase Price:$1,050,000

Cash Outlay:$421,000

Cashflow:$7,031/mo

Cap Rate:10.47%

IRR:37.99%

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