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Turnkey Active STR Luxury Villa on Lake Ray Hubbard

7006 Shipp Rd, Rowlett
ROI
23.98% IRR
Strategy
Short Term Rental
Turnkey active STR luxury villa on Lake Ray Hubbard. 6000sq ft with custom upgrades, over .5 acre lot with a pool and spa, and mother in law suite. 5,898 sq ft 6 bed, 4.5 bath custom luxury home built in 1990 on a .587 acre lot overlooking Lake Ray Hubbard. Upgraded finishes throughout interior with oversize pool and spa, outdoor shower, basketball court, play room, media room, mother in law suite. Active airbnb listing

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Turnkey Active STR Luxury Villa on Lake Ray Hubbard

Listed 09/05/2023

7006 Shipp Rd, Rowlett

Purchase Price:$1,450,000

Cash Outlay:$416,500

Cashflow:$4,424/mo

Cap Rate:9.60%

IRR:23.98%

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