108 Easy St, Copperas Cove, TX 76522

This 3 bedroom / 2 bathroom rental makes sense for any rental investor, even in today's changing real estate market. A perfect blend of tranquility and urban convenience, and an amazing BRRRR opportunity!

Property will be Vacant at closing, contact Dispo Manager for walkthrough.

Deal Takeaways:

Good for an investor who wants an easy flip with massive potential

Highly desirable, up-and-coming area with new builds and flips throughout

Easy access to highways - 1 hr away from Austin & Waco

3 mins away from Walgreens, Walmart & HEB Plus!

5 mins away from local markets & businesses

5 mins away from Hills of Cove Golf Course

Walking distance to Bulldawg Stadium & Copperas Cove Jr High-School!

Financials:

ARV: $195,000

Purchase Price: $122,250

Profit Details:

$195,000 ARV

(*) 94% for sale commissions

(-) $122,250 purchase price

(-) $20,000 rehab budget

(-) $5,000 closing / holding cost

(=) $36,050 profit

Rental Profit Details:

$1,500 monthly current rent

(-) $266 monthly tax

(-) $110 monthly insurance

(-) $150 property management

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

(=) $824 net monthly cash flow

Property Details:

1966 Year Build

Roof 2017 was replaced

HVAC unknow age

Floor was redone with Hardwood paneling

Plumbing and electrical are working fine

Foundation is in good condition

1,744 Home Square Feet

9,000 Square Feet Lot Size

Oct 6th, 2023 Closing