🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Value-Add Rent By The Room in Round Rock

1233 Kenneys Way, Round Rock
ROI
19.54% IRR
Strategy
Value-Add Rent By The Room
This is a great property to combine modern rental strategies with classic value-add opportunities. Selling for $399k with multiple comps in the neighborhood going for $525-550k, and it only needed cosmetics. With $20-30k in interior/exterior paint, floors, and fixtures, this property would add $100-150k in equity. Rent 6 rooms individually to net over $1k/mo in cash flow. All in a high growth pocket close to universities and medical centers.

Enter your email to download the proforma

< Back to Daily Deals

Value-Add Rent By The Room in Round Rock

Listed 12/20/2022

1233 Kenneys Way, Round Rock

Purchase Price:$400.000

Cash Outlay:$116.000

Cashflow:$581/mo

Cap Rate:7.433%

IRR:21.33%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

DFW SFR w/ Built-In Equity $215k

1019 Halifax Ln, Forney

Purchase Price:$215,000

Cash Outlay:$58,050

Cashflow:$186/mo

Cap Rate:4.79%

IRR:13.63%

Short Term Rental

New Braunfels SFR w/ Built-In Equity $249k

317 Hummingbird Dr, New Braunfels

Purchase Price:$249,000

Cash Outlay:$67,230

Cashflow:$256/mo

Cap Rate:4.60%

IRR:14.17%

Long Term Rental

Killeen 1% Rule Quadplex $350k

1313 Quail Cir, Killeen

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$602/mo

Cap Rate:7.90%

IRR:20.54%

Long Term Rental

DFW Value-Add Duplex $370k

316 Shady Valley Dr, Mansfield

Purchase Price:$370,000

Cash Outlay:$99,900

Cashflow:$692/mo

Cap Rate:8.08%

IRR:21.39%

Long Term Rental

Houston New Construction Duplex $409k

7813 Laura Koppe Rd, Houston

Purchase Price:$409,000

Cash Outlay:$110,430

Cashflow:$163/mo

Cap Rate:6.31%

IRR:13.08%

Long Term Rental

DFW 10-Plex Near Universities $800k

613 W Hickory St, Denton

Purchase Price:$800,000

Cash Outlay:$216,000

Cashflow:$1,015/mo

Cap Rate:7.36%

IRR:18.00%