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Value-Add STR 3 Bed with Unfinished ADU in Five Points-Beacon Hill

402 Cincinnati Ave, San Antonio
ROI
27.37% IRR
Strategy
Short Term Rental
Value-Add STR 3 bed with unfinished ADU in Five Points-Beacon Hill. Ideal househack setup or strong cashflow as a pure investment. ARV $400k+. 1,661 sq ft 3 bed, 2 bath SFH built in 1912 with fully upgraded interior including granite counters, custom cabinets, stainless appliances, exposed beams, and all modern finishes. Additional 507 sq ft ADU has electrical and plumbing, ready for finish work.

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Value-Add STR 3 Bed with Unfinished ADU in Five Points-Beacon Hill

Listed 03/17/2023

402 Cincinnati Ave, San Antonio

Purchase Price:$312,500

Cash Outlay:$126,025

Cashflow:$1,523/mo

Cap Rate:10.26%

IRR:27.37%

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