1611 S 116th E Ave

Tulsa, OK 74128
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3 bd, 2 ba | 1,368 sqft | Built in 1969

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For Sale

Exclusive

List Price
$170,000

Initial Investment

$47,150
Pre-approval letter or proof of funds required.

$

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

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Annual Financial Highlights

Expected Rent

$14,136

Expenses

-$3,319

Property Taxes

-$2,200

Loan Payments

-$7,304

Net Cash Flow

$1,312

See 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

Why choose?
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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