Cash Flow Bonaza on Waco Rental!!

McLennan County, Waco, TX, 76705
Sold
Listed at: September 3rd, 2021
Price
$91,990
ARV
$135,000
Gross Margin
$43,010
Sq. Footage
1036
Type
Single-Family
Parking
Attached Garage
Year build
1955
Lot size
7080.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Own your slice of the town made famous by Baylor Basketball and Magnolia Farms. This town is on the ups in terms of investing! This specific property is a 12-minute drive from Baylor University! 

 

The property will need some upgrades when the current tenant vacates to include a new roof, new flooring, and paint. This property has amazing cash flow (See attached proforma attached).

 

Tenant has a lease through September 2023 at $900.00/month. 

Cash flow: $723 a month!

Taxes in 2020 were $1,765.00

Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Getsemani

No reviews

Disposition manager