LIVE FREE LISTINGS

 -Full Service STR real estate agency delivering top opportunities right to your inbox -Interior Design via partner Lab Creates Design -Short Term Rental Management 

• Property Address: 2305 Hillcrest Dr

• Purchase Price $360,000

• Description:  This charming 3-bedroom, the 1.5-bathroom cabin is located in the prestigious Lake Naomi community, just minutes from all the area has to offer. With its quiet, peaceful setting and cabin-like feel, this home is the perfect place for travelers to relax and unwind. The home features a large deck with a grill, perfect for entertaining guests or enjoying the outdoors. The property also has a private driveway and plenty of parking. Last year the owner was able to generate over 50K gross revenue while also using it as a vacation home occasionally for themselves. This home is perfect for investors who are looking for a turnkey property that will generate steady income. The home is currently being rented out on a short-term basis and is available fully furnished for 10K.

• 3 Bedroom, 1.5 Bathroom

• Monthly expected income: $5,095

• Monthly expected expenses: $4,324

• Monthly expected cash flow: $772

• Expected cash on cash return: 15.9%

• **Assumes 10% Downpayment, 6.85% rate**