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Turnkey 4 Bed Pool Home Next to Lake Ray Hubbard and Baylor Scott & White Medical Center

6101 Grantham Dr, Rockwall

ROI

27.73% IRR

Strategy

Short Term Rental

Turnkey 4 bed pool home next to Lake Ray Hubbard and Baylor Scott & White Medical Center. Excellent STR opportunity with no HOA and ~$7k gross income each month. 2,468 sq ft 4 bed, 2.5 bath built in 1998. Turnkey condition with a covered patio and in ground pool out back.

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Turnkey 4 Bed Pool Home Next to Lake Ray Hubbard and Baylor Scott & White Medical Center

Listed 08/17/2023

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6101 Grantham Dr, Rockwall

Purchase Price:$449,900

Cash Outlay:$133,473

Cashflow:$1,985/mo

Cap Rate:10.78%

IRR:27.73%

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