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Turnkey 3 Bed STR Pool Home on an Oversize Lot

1268 Hilltop Dr, San Marcos
ROI
38.76% IRR
Strategy
Short Term Rental
Turnkey 3 bed STR pool home on an oversize lot. Located at the end of a cul-de-sac with open land behind it and no HOA. $5-6k/mo in gross income as a short-term rental. 1,722 sq ft 3 bed, 2.5 bath two story pool home on .28 acre lot. Built in 1987 with neutral finishes, some outdated but in turnkey condition. Stainless appliances, high ceilings with a brick fireplace.

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Turnkey 3 Bed STR Pool Home on an Oversize Lot

Listed 04/19/2024

1268 Hilltop Dr, San Marcos

Purchase Price:$350,000

Cash Outlay:$104,500

Cashflow:$1,721/mo

Cap Rate:11.49%

IRR:38.76%

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