507 NW Bell Ave

Lawton, OK 73507
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3 bd, 2 ba | 1,500 sqft | Built in 1927

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List Price
$99,900

Initial Investment

$30,373

Purchase Price

$97,500

Down Payment

25%

Rent

$750

Total Return

$7,212

Annualized Return

4.3%

Cap Rate

5.4%

Gross Yield

9.2%

Cash Flow

-$439

Appreciation

2.5%
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Features

Occupancy

Unspecified

Lease Start

05/26/2019

Lease End

05/25/2020

Lot Size

7,500

HOA

None

Flood Risk

Not Required

  • Seller to clear 100% of cap ex report upon receipt of qualified offer
  • Updated 3 bed 2 bath
  • Large fenced in backyard
  • Quiet, residential neighborhood nearby parks and schools
  • Easy access to Lawton major employers- Fort Sill, Wal-Mart, and Goodyear

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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,288

Property Taxes

-$1,400

Loan Payments

-$5,301

Net Cash Flow

-$439

See more in Financials

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