2821 E 40th Pl N-Tulsa-74110, Tulsa

2821 E 40th Pl N

Tulsa, OK 74110

3 bd, 1 ba | 1,134 sqft | Built in 1957

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List Price

$65,000

Initial Investment

$17,978

Purchase Price

$64,000

Down Payment

25%

Rent

$870

Total Return

$29,830

Annualized Return

25.3%

Cap Rate

9.8%

Gross Yield

16.3%

Cash Flow

$2,198

Appreciation

5.3%

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Features

Occupancy

Occupied

Lease Start

07/06/2020

Lease End

07/30/2021

Lot Size

9,139

HOA

None

Flood Risk

Not Required

Insurance fee included in monthly rent of $20

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Annual Financial Highlights

Expected Rent

$9,918

Expenses

-$3,241

Property Taxes

-$1,000

Loan Payments

-$3,479

Net Cash Flow

$2,198

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