1611 S 116th E Ave
Tulsa, OK 74128
List Price
$170,000
Initial Investment
$47,150$
about the purchase process.
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
03/11/2022
Lease End
02/28/2023
Lot Size
13,508
HOA
None
Flood Risk
Not Required
- Seller recently made repairs on home, view inspection documents for more info
- Pet fee included in monthly rent of $25
- Per the inspection report dated March 2022, the following items were repaired by seller and cleared with our certification and inspection team. This property is certified due to the following repairs made to inspection report:
(1) Exterior: Approximately 6 foot of soffit repairs needed due to water damage above front porch. The sliding glass door damage to trim and gap that could allow for water intrusion. - CLEARED
(2) Roof: Approximately 4 shingles on the bottom edge need to be replaced. This could allow for leaks. There are signs of past leaks on the interior ceiling. Recommend repairs. – CLEARED
(3) Garage: There is staining and discoloration on the ceiling. Recommend microbial remediation. Approximately 4 x 8 sheet of drywall is missing from the garage ceiling. Recommend repairs. (Health)- CLEARED
(4) HVAC: Servicing switch box has opened, needs a plug to prevent water intrusion. (Safety)- CLEARED
(5) Miscellaneous: The garage ceiling and walls show evidence of possible termites. (Safety)- CLEARED
See more in Analysis
Annual Financial Highlights
Expected Rent
$14,136Expenses
-$3,319Property Taxes
-$2,200Loan Payments
-$7,304Net Cash Flow
$1,312See more in Financials
Property Characteristics
Roofstock Exclusive
Listed directly by the seller, Exclusive properties are only available through Roofstock.
- These properties' Diligence Documents include one or more of these documents: inspection report, title search, rent history if occupied.
- If the home is non-certified and the posted inspection is more than 3 months old, an inspection contingency will apply.
- The seller will be represented by a Roofstock-affiliated broker and Roofstock will walk the buyer through the transaction.
Property Management
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From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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