413 S Graham Street, Mooreland, OK
8.32% return
SP:
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Property Description

Nice Rental!!

Single family. Great condition. Two car garage. Long term tenant. Central heat and air. City water and sewer. Located in a beautiful community. Low crime area. Part of a 30 unit package.

Financing and professional property management is available.

Property Information

  • Listing statusActive
  • Property typeSingle Family
  • Total bedrooms2
  • Total bathrooms1
  • Building size1140 sq. ft.
  • Lot size0.2 acres
  • Year built1932
  • CountyWoodward County
  • Subdivision
  • ConstructionFrame
  • RoofShingle
  • Water sourceCity water
  • Water disposalSewer
  • HeatingCentral
  • CoolingCentral air

Property Financial Summary

  • Sale price $65,000
  • Estimated rehab 1 $0
  • Total investment $65,000
  • Type Proforma
  • Gross income (annually) $7,800
  • Operating expenses (annually) $2,395
  • Net income (annually) $5,405
  • Gross return 12.00%
  • Gross income (monthly) $650
  • Operating expenses (monthly) $200
  • Net income (monthly) $450
  • Net return 8.32%

Property Income & Expenses

  • Income
  • 2 bed / 1 bath $650/month $7,800/year
  • Total $650/month $7,800/year
  • Expenses
  • Property Taxes $27/month $319/year
  • Insurance $47/month $566/year
  • Maintenance reserve $83/month $1,000/year
  • Property Management $43/month $510/year
  • Total $200/month $2,395/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.

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