1) San Antonio (Monte Vista) 12-Unit 1% Rule STR or LTR Deal $1.275M
Asset Quality B | Neighborhood Quality B+ | Year Built 1927
$13,000+ current monthly rent with upside to $14,400+ at market rents of $1,200 per unit. 12 large 2 bed units in one of San Antonio’s best neighborhoods with extremely high tenant demand. Tax assessed value at $1.46M creating immediate equity. First time selling in over 50 years with long-term tenants in place and clear path to increase rents through light upgrades. Multiple exit strategies with STR, MTR, or LTR leasing. I think this sells in the $1.25M to $1.3M range.
Listing Link: 127 W Magnolia
Sale Price: | $ 1,275,000 | Cap Rate | 8.62% |
Cash Needed (25% down + cc) | $ 331,500 | Cash on Cash | 10.70% |
P&L | Monthly | Annual | |
Projected Income | $ 14,400 | $ 172,800 | |
Mortgage PMT (6.75% Int) | $ 6,202 | $ 74,427 | |
Taxes | $ 2,125 | $ 25,500 | |
Insurance | $ 808 | $ 9,690 | |
Vacancy Reserve | $ 360 | $ 4,320 | |
Operating Expenses (Maintenance Management Utilities Landscaping HOA) | $ 1,950 | $ 23,400 | |
NOI (Income less Taxes, Insurance, Vacancy, OpEx) | $ 9,158 | $ 109,890 | |
Cashflow | $ 2,955 | $ 35,463 |
2) DFW (Pantego) Duplex Turnkey STR + LTR Deal $575K
Asset Quality B | Neighborhood Quality B | Year Built 1971
$4,500+ current monthly rent with market rents pushing closer to $5,000 per month. Fully remodeled duplex in a dense Arlington and Fort Worth corridor with high tenant demand and favorable local STR ordinances. One unit is vacant creating immediate house hack or STR opportunity while the other produces income day one. Large unit layouts and quality finishes support premium rents with multiple strategies working here. I think this is one of the more versatile duplex plays in DFW right now.
Listing Link: 3522 Shady Valley
Sale Price: | $ 555,000 | Cap Rate | 6.21% |
Cash Needed (25% down + cc) | $ 144,300 | Cash on Cash | 1.44% |
P&L | Monthly | Annual | |
Projected Income | $ 5,000 | $ 60,000 | |
Mortgage PMT (6.75% Int) | $ 2,700 | $ 32,397 | |
Taxes | $ 925 | $ 11,100 | |
Insurance | $ 352 | $ 4,218 | |
Vacancy Reserve | $ 125 | $ 1,500 | |
Operating Expenses (Maintenance Management Utilities Landscaping HOA) | $ 725 | $ 8,700 | |
NOI (Income less Taxes, Insurance, Vacancy, OpEx) | $ 2,874 | $ 34,482 | |
Cashflow | $ 174 | $ 2,085 |
3) Dallas Duplex Northwest Dallas House Hack Play $525K
Asset Quality B | Neighborhood Quality B | Year Built 1966
$4,350 current monthly rent with opportunity to push to $4,600 at market rents of $2,300 per side. Large 3 bed 2 bath units at 1,470 square feet each in a desirable northwest Dallas location, close to Richardson and the DFW Airport. Both units are occupied providing immediate income with the option to house hack as leases turn. Traditional duplex layout, rental demand, and consistent rent growth make this a straightforward long-term hold. I think this gets done around $525K.
Listing Link: 9954 Brockbank
Sale Price: | $ 525,000 | Cap Rate | 5.89% |
Cash Needed (25% down + cc) | $ 136,500 | Cash on Cash | 0.21% |
P&L | Monthly | Annual | |
Projected Income | $ 4,600 | $ 55,200 | |
Mortgage PMT (6.75% Int) | $ 2,554 | $ 30,646 | |
Taxes | $ 875 | $ 10,500 | |
Insurance | $ 333 | $ 3,990 | |
Vacancy Reserve | $ 115 | $ 1,380 | |
Operating Expenses (Maintenance Management Utilities Landscaping HOA) | $ 700 | $ 8,400 | |
NOI (Income less Taxes, Insurance, Vacancy, OpEx) | $ 2,578 | $ 30,930 | |
Cashflow | $ 24 | $ 284 |
4) Austin Metro Quadplex 1% Rule Rare Find $500K
Asset Quality B | Neighborhood Quality B | Year Built 1985
$5,325 current monthly rent with one unit used as STR pushing total income to $5,400+. True 1% rule deal just 25 minutes from Austin in a supply constrained submarket. 1985 build with PVC plumbing, copper wiring, and separate meters keeps expenses low and operations simple. High occupancy rate history with updated interiors. Deals like this near Austin are extremely rare at this price point.
Listing Link: 20700 Bonanza
Sale Price: | $ 500,000 | Cap Rate | 8.32% |
Cash Needed (25% down + cc) | $ 130,000 | Cash on Cash | 9.53% |
P&L | Monthly | Annual | |
Projected Income | $ 5,400 | $ 64,800 | |
Mortgage PMT (6.75% Int) | $ 2,432 | $ 29,187 | |
Taxes | $ 833 | $ 10,000 | |
Insurance | $ 317 | $ 3,800 | |
Vacancy Reserve | $ 135 | $ 1,620 | |
Operating Expenses (Maintenance Management Utilities Landscaping HOA) | $ 650 | $ 7,800 | |
NOI (Income less Taxes, Insurance, Vacancy, OpEx) | $ 3,465 | $ 41,580 | |
Cashflow | $ 1,033 | $ 12,393 |
5) Carrollton Off Market STR Fully Furnished $407K
Asset Quality C+ | Neighborhood Quality B+ | Year Built 1978
$6,125 average monthly STR income based on $73,500 annual revenue with two years of financials available. Fully furnished 4 bedroom pool property with proven performance and immediate cash flow day one. Located in a high demand DFW short term rental corridor with easy access to major attractions and corporate demand drivers. Turnkey setup with management and systems in place makes this a low friction STR acquisition.
AirBnb Link: 3454 Livingston
Sale Price: | $ 407,000 | Cap Rate | 7.75% |
Cash Needed (25% down + cc) | $ 105,820 | Cash on Cash | 7.34% |
P&L | Monthly | Annual | |
Projected Income | $ 7,044 | $ 84,525 | |
Mortgage PMT (6.75% Int) | $ 1,980 | $ 23,758 | |
Taxes | $ 678 | $ 8,140 | |
Maint Reserve | $ 141 | $ 1,691 | |
Management | $ 1,057 | $ 12,679 | |
Utilities | $ 900 | $ 10,800 | |
Insurance | $ 248 | $ 2,971 | |
Landscaping | $ 150 | $ 1,800 | |
Supplies / Toiletries | $ 100 | $ 1,200 | |
Cleaning Fees | $ 650 | $ 7,800 | |
HOT Tax + Platform Fees (7%) | $ 493 | $ 5,917 | |
OPEX | $ 4,416 | $ 52,997 | |
Cashflow | $ 647 | $ 7,770 | |
NOI (Income - OPEX) | $ 2,627 | $ 31,528 |
Thank you for taking a few minutes to review the deals!
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-Vic