54 RAINEY ST APT 1017

865 SF

2005

CAP RATE
{{ percent(capRate, 1) }}

ROI
{{ percent(CoC, 1) }}

Property Value

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.

Calculator Running

54 RAINEY ST APT 1017 AUSTIN, TX 78701

865 SF

2005

Milago Condominiums

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, '-') }}

Hold Period

Auto

AUTO

CAP RATE

ROI

Calculator Mode:

Property Type:

Rental Type:

Tenant Occupied
{{ propertyStore?.property?.mlsSource?.status }}

Custom Edits

Total Investment Initial Investment

Current Equity

Down Payment

{{ number(downpaymentWhole) }} %

Flip Only

Cash Required

Net Profit

BRRRR

Net Investment

10-Year Net Gain

Please review and edit this property's Financial History to continue.

Property Description Source: Compass RE Texas, LLC

Light and bright urban condo next to Ladybird Lake and hike and bike trail. One bedroom with a flex space as an office or guest room. Hardwood floors throughout most of the unit. Kitchen and Bath have granite countertops. Great floorplan with the Kitchen and Breakfast bar open to the Dining and Living. Located near elevator for easy access to garage or rooftop pool. 24 hour concierge. Amenities include gym, club room, reading room, bike room, wifi lounge, outside patios with grills, rooftop pool and spa. One reserved parking space in garage. Convenience at your door step with a grocery store across the street and many restaurants and bars in the Rainey Street Entertainment District.

Virtual Tour Link

Listing Agent: Karen Liddy
Broker Phone: (512) 575-3644
Broker: Compass RE Texas, LLC

Austin Board of REALTORS®

	List Price:	$485,000
	List date:	07/01/2024
	Days on Rescover:	174
	MLS Source:	ABOR
	MLS Number:	2965824
	MLS Data Sync:	12/22/2024 11:49 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.