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Value-Add SFH + ADU Short Term Rental Opportunity

933 Lamar St, San Antonio
ROI
29.06% IRR
Strategy
Short Term Rental SFH + ADU
3 bed main house with 2 bed ADU in historic Dignowity Hill close to downtown. Main house fully updated with new roof, appliances, luxury floors. ADU needs cosmetic updates and possibly a roof. Seller offering $5k closing credit.

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Value-Add SFH + ADU Short Term Rental Opportunity

Listed 02/15/2023

933 Lamar St, San Antonio

Purchase Price:$300,000

Cash Outlay:$96,000

Cashflow:$1,243/mo

Cap Rate:10.24%

IRR:29.06%

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