1582 E 54th St N

Tulsa, OK 74126
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3 bd, 1.5 ba | 984 sqft | Built in 1955

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List Price
$57,500

Initial Investment

$56,879

Purchase Price

$55,750

Down Payment

100%

Rent

$795

Total Return

$41,093

Annualized Return

13.3%

Cap Rate

10.4%

Gross Yield

17.1%

Cash Flow

$5,270

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

09/16/2019

Lease End

09/30/2020

Lot Size

7,200

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Section 8 tenant is month-to-month
  • Near various parks and recreation
  • Seller recently made repairs on home, view inspection documents for more info
  • Minimal estimated immediate costs

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Annual Financial Highlights

Expected Rent

$9,063

Expenses

-$2,993

Property Taxes

-$800

Loan Payments

$0

Net Cash Flow

$5,270

See more in Financials

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