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Waterfront Luxury STR Pool Home with Upgraded 4 Bed Perfect for Vacation

4622 Scenic Dr, Rowlett
ROI
36.42% IRR
Strategy
Short Term Rental
Waterfront luxury STR pool home. Upgraded 4 bed perfect for a group vacation rental and great returns. Listed at $945k, previous listing expired at $880k - good potential for a lower offer or closing credits. 2,737 sq ft 4 bed, 3 bath two story built in 1990 with custom upgrades throughout. Upscale beach vibe inside with light finishes, wet bar, and fireplace. Custom pool and hot tub out back overlooking Lake Ray Hubbard.

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Waterfront Luxury STR Pool Home with Upgraded 4 Bed Perfect for Vacation

Listed 03/30/2023

4622 Scenic Dr, Rowlett

Purchase Price:$945,000

Cash Outlay:$270,150

Cashflow:$4,575/mo

Cap Rate:11.39%

IRR:36.42%

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