603 DAVIS ST APT 1202

Blueprint1,597 SF
2
2
2006
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: Kuper Sotheby's Int'l Realty

Experience the epitome of downtown living with Shore #1202, a unique unit with 2 bedrooms, 2 bathrooms, and a Bonus Room nestled in the vibrant heart of the Rainey Street Historic District. Unrivaled Convenience and Luxury Step into modern elegance as you enter Shore #1202. Relish in the luxury of your private terrace with almost 300 sf of additional space. Indulge in the amenities of Hotel Van Zandt, accessible via a connecting entrance on Shore's pool deck. Host out-of-town guests easily, knowing luxury accommodations are just moments away, enhancing your urban lifestyle. Enjoy the convenience of two private, assigned, secured parking spaces and a private storage unit accessible steps away from your unit via an elevator. Embrace the excitement of the Rainey Street Historic District's burgeoning development, with The Shore offering exceptional value and lower-than-normal HOA fees. Seize the opportunity to invest in a community poised for growth before luxury developments drive values skyward. Don't miss your chance to call Shore #1202 home. Experience the perfect blend of urban convenience & serene luxury in the heart of Downtown. The Shore is one of only a few buildings in Downtown Austin with no Rental Cap, meaning buyers can purchase and lease immediately without delay (pending no changes in the longstanding HOA rules around this policy). *Buyer to confirm all details at the time of offer.

Virtual Tour Link
Avatar
Listing Agent: Lesley Taylor
Broker Phone: (512) 831-6577
Broker: Kuper Sotheby's Int'l Realty
ABOR
Austin Board of REALTORS®
List Price: $795,000
List date: 09/19/2024
Days on Rescover: 96
MLS Source: ABOR
MLS Number: 1911062
MLS Data Sync: 12/23/2024 8:45 PM 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