72
Score
Property Details
Type
Single Family
Beds/Baths
4bd / 3ba
Sqft
2,850
Year Built
2018
Lot Size
0.35 acres
Market
monument
HOA Fees
$85/mo
Days on Market
N/A
Asking Price
$625,000
Est. Value
$680,000
Tax Assessed
$545,000
$/sqft
$219
🔗 Research Links
📎 Source
Found: 2026-02-07
Source: rental_scraper
🎯 Motivation Signals
- • Absentee owner (TX address)
- • Listed 45 days, 2 price drops
- • Original asking was $675k
🧮 Deal Calculator
FINANCING
Offer Price $625,000
-30% Full price Asking
Down Payment 25% ($156,250)
Interest Rate 7%
LTR ASSUMPTIONS
Monthly Rent $3,200
Vacancy Rate 5%
Management Fee 8%
Total Cash Needed
$190,000
$156,250 down + $18,750 closing+ $15,000 rehab
KEY METRICS
Cap Rate
3.2%
Cash on Cash
-9.0%
5-Year IRR (est)
4.8%
Monthly FCF
$-1,427
MONTHLY CASH FLOW
Gross Income +$3,200
Vacancy (5%) -$160
Effective Income $3,040
Expenses:
Taxes -$380
Insurance -$180
HOA -$85
Maintenance -$200
CapEx -$260
Mgmt (8%) -$243
NOI $1,692
Mortgage (P&I) -$3,119
Cash Flow $-1,427
Annual $-17,124/yr
STR vs LTR COMPARISON
LTR
STR
Income
$3,040
$5,200
Cash Flow
$-1,427
$-564
CoC
-9.0%
-3.6%
Effort
🟢 Low
🟡 High
📝 Notes
Good bones, minor cosmetic updates needed. Views of Pikes Peak. HOA allows STR. Low HOA - just common area maintenance.
👤 Owner Information
Name: Johnson Family Trust
Address: 8901 Oak Hollow Dr
City/State: Austin, TX 78745