1004 Lotus Ave

Midwest City, OK 73130
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3 bd, 1 ba | 962 sqft | Built in 1962

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List Price
$88,000

Initial Investment

$22,345

Purchase Price

$82,000

Down Payment

25%

Rent

$750

Total Return

$30,245

Annualized Return

19.6%

Cap Rate

7.0%

Gross Yield

11.0%

Cash Flow

$737

Appreciation

5.7%
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Features

Occupancy

Occupied

Lease Start

09/18/2019

Lease End

09/30/2021

Lot Size

7,501

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,355

Property Taxes

-$1,000

Loan Payments

-$4,458

Net Cash Flow

$737

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