*** ********* ***, ********, OK
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13.87% return
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Property Description

AWESOME RENTAL PACKAGE! 

3 Single Family Homes with an extra lot. Great curb appeal, the homes are absolutely beautiful!! The real estate will generate a 13%+ net return on investment!!! Easy to manage. Low expenses. Good size city with tons of business in the area. Professional property management is available.

Property Information

  • Listing statusActive
  • Property typeMulti Family
  • Total units3
  • Total bedrooms5
  • Total bathrooms3
  • Building size2457 sq. ft.
  • Lot size0.0 acres
  • Year built1939 - 1940
  • County******** County
  • Subdivision********** *********
  • ConstructionBrick/Frame, Brick
  • RoofShingle
  • Water sourceCity
  • Water disposalSewer
  • HeatingWindow Unit
  • CoolingWindow A/C

Property Financial Summary

  • Asking price $90,000
  • Estimated rehab 1 $0
  • Total investment $90,000
  • Type Proforma
  • Gross income (annually) $19,800
  • Operating expenses (annually) $7,318
  • Net income (annually) $12,482
  • Gross return 22.00%
  • Gross income (monthly) $1,650
  • Operating expenses (monthly) $610
  • Net income (monthly) $1,040
  • Net return 13.87%

Property Income & Expenses

  • Income
  • Unit 1: 1 bed / 1 bath $450/month $5,400/year
  • Unit 2: 2 bed / 1 bath $600/month $7,200/year
  • Unit 3: 2 bed / 1 bath $600/month $7,200/year
  • Total $1,650/month $19,800/year
  • Expenses
  • Water bill $200/month $2,400/year
  • Maintenance reserve $210/month $2,520/year
  • Property Taxes $100/month $1,198/year
  • Insurance $100/month $1,200/year
  • Total $610/month $7,318/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Q: Why is the property address and location information hidden?
A: This property is a premium property and is completely off-market. Full access is available to premium clients only. If you are not a premium client, we require to have an executed non-disclosure agreement on file in order to share the property details with you.

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This is a premium off-market property. In order to unlock the address, you will need to sign a non-disclosure agreement. Please sign up or sign in into your account to get started.

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