48 EAST AVE # 2004

Blueprint893 SF
1
1
2021
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

{{ currency(propertyValue, 0, '-') }}

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.
Proposed Cost {{currency(calcParams.purchaseprice)}}
Property Value {{ currency(propertyValue, 0, '-') }}
After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}
Rooms
Avg Weekly Rate
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: eXp Realty, LLC

This fully furnished unit is the definition of turnkey! Whether you’re looking for your full time residence, a place to stay part time, or purely an investment property- the incredible flexibility and service offered at Natiivo is unmatched in Austin. Located in the Rainey District, this building is just steps to the 10 miles Lady Bird Lake Hike and Bike Trail or the bars and restaurants on Rainey Street just 1 block over. The location can’t be beat providing walking access to all that downtown and East Austin have to offer. Built in 2021, this 1 bedroom, 1 bath unit has an eastern facing panoramic view with a downtown facing balcony. The floor to ceiling windows, modern finishes, open floor plan, and high ceilings create the perfect urban dwelling. If you decide to use this as a Short Term Rental, you can choose to self manage or use a management company to take care of everything for you. Natiivo’s incredible amenities include as 24-hour concierge, rooftop swimming pool and fireplace, clubhouse, outdoor terraces, fitness center, dog run and pet washing, bike storage, valet parking, a lobby coffee bar, and more!

Virtual Tour Link
Avatar
Listing Agent: Meredith Alderson
Broker Phone: (888) 519-7431
Broker: eXp Realty, LLC
ABOR
Austin Board of REALTORS®
List Price: $699,000
List date: 05/09/2024
Days on Rescover: 231
MLS Source: ABOR
MLS Number: 7361507
MLS Data Sync: 12/26/2024 11:25 AM CST
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling