Great 6 bedroom STR in Gatlinburg
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $870,000
Cash invested: $200,000
6 Bedroom Property used a Short Term Rental in Gatlinburg, TN
How did you finance this deal?
I used a DSCR loan.
How did you add value to the deal?
This was a turnkey property, but I did update the furnishings and decor.
What was the outcome?
Made $100k in 5 months last year, and has appreciated at least $300k.
