🎧 FREE audiobook: The Book on Texas Real Estate Investing — listen now

Renovated 1% Rule 6-Plex in Copperas Cove

601 Sunset Ln, Copperas Cove
ROI
19.92% IRR
Strategy
Long Term Rental
Renovated 1% Rule 6-plex in Copperas Cove. 2 units under renovation, 2 units to be renovated. Renovated unit bringing in $900/mo. New roof. Close to Ft Cavazos with a large, stable tenant pool. Single story 6-plex built in 1972 on a slab foundation. Brand new roof. Renovated unit leased for $900/mo through 2/28/25. Two units to be renovated leased m2m for $550/mo. 2 units currently under renovation will be finished by closing.

Enter your email to download the proforma

< Back to Daily Deals

Renovated 1% Rule 6-Plex in Copperas Cove

Listed 04/19/2024

601 Sunset Ln, Copperas Cove

Purchase Price:$460,000

Cash Outlay:$147,200

Cashflow:$863/mo

Cap Rate:8.54%

IRR:19.92%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Houston (Pasadena) SFR with Equity and Great Schools – $245k

5915 Ray Dr, Pasadena

Purchase Price:$245,000

Cash Outlay:$66,150

Cashflow:$36/mo

Cap Rate:5.95%

IRR:11.64%

Long Term Rental

DFW (Fort Worth) 2020 Build Turnkey SFR – $275k

5808 Japonica St, Fort Worth

Purchase Price:$275,000

Cash Outlay:$74,250

Cashflow:$243/mo

Cap Rate:4.72%

IRR:13.80%

Long Term Rental

Fort Worth Cashflowing Turnkey Quadplex – $625k

191 County Road 4849, Newark

Purchase Price:$625,000

Cash Outlay:$168,750

Cashflow:$924/mo

Cap Rate:7.55%

IRR:19.38%

Mid Term Rental

College Station STR MTR LTR Quadplex – $690k

1204 & 1206 Vinyard Ct, College Station

Purchase Price:$690,000

Cash Outlay:$186,300

Cashflow:$3,234/mo

Cap Rate:11.40%

IRR:38.03%

Long Term Rental

Houston SFR with High Rent to Price Ratio – $235k

14746 Jasper Stream Ct, Houston

Purchase Price:$235,000

Cash Outlay:$63,450

Cashflow:$41/mo

Cap Rate:5.98%

IRR:11.78%

Long Term Rental

Austin Area SFR with Equity and High Rent Demand – $300k

317 Greener Dr, Leander

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$245/mo

Cap Rate:4.80%

IRR:13.57%