895 Vz County Rd 3439, Wills Point, TX 75169

This 3 bedroom / 2 bathroom property makes sense for any investor, even in today's changing real estate market. A potential cash cow rental owners, retail sellers, and flippers!

The property is VACANT. Contact Dispo Manager for viewing options.

Deal Takeaways:

Unique property sitting on 3 acres of land

Includes neighboring parcel

Cosmetics needed - painting, flooring, siding, and roofing (shingles) need some love

Amazing quiet life in the countryside

Financials:

ARV: $275,000

Purchase Price: $162,200

Estimated Profit Details (for a flipper):

$275,000 ARV

(*) 94% for sale commissions

(-) $162,200 purchase price

(-) $44,000 rehab budget

(-) $5,000 closing / holding cost

(=) $47,300 profit

Current Rental Profit Details:

$1,500 monthly market rent

(-) $90 monthly tax

(-) $120 monthly insurance

(-) $150 property management

(-) $150 allocation for repairs, vacancy, etc

(=) $990 net monthly cash flow

Property Details:

3 Beds / 2 Baths

1969 Year Build

1,590 Home Square Feet

3 ACRE LAND