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Turnkey STR/MTR Duplex in Prime North Austin Location

12820 Tomanet Trl, Austin
ROI
22.98% IRR
Strategy
Short Term Rental
Turnkey STR/MTR duplex in prime north Austin location. Seller will accept $600k + $15k for furnishings. One 3/2 unit and one 2/2 unit, $6750/mo gross rent potential. Owner will continue to manage property and is offering first month free. Updated duplex with (1) 3 bed, 2 bath unit and (1) 2 bed, 2 bath unit. Owner has been living in 3 bed and renting out the 2 bed as a furnished mid/short term rental, grossing $3154/mo from that unit. Expected 3 bed income is $3600/mo.

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Turnkey STR/MTR Duplex in Prime North Austin Location

Listed 09/20/2023

12820 Tomanet Trl, Austin

Purchase Price:$615,000

Cash Outlay:$171,050

Cashflow:$1,260/mo

Cap Rate:8.51%

IRR:22.98%

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