5638 N Lewis Ave

Tulsa, OK 74130
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2 bd, 1 ba | 850 sqft | Built in 1953

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List Price
$54,500

Initial Investment

$55,586

Purchase Price

$54,000

Down Payment

100%

Rent

$650

Total Return

$35,027

Annualized Return

11.7%

Cap Rate

9.0%

Gross Yield

14.4%

Cash Flow

$4,390

Appreciation

5.3%
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Features

Occupancy

Occupied

Lease Start

12/01/2020

Lease End

11/30/2021

Lot Size

18,900

HOA

None

Flood Risk

Not Required

  • Section8
  • Seller recently made repairs on home, view inspection documents for more info

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Annual Financial Highlights

Expected Rent

$7,410

Expenses

-$2,320

Property Taxes

-$700

Loan Payments

$0

Net Cash Flow

$4,390

See more in Financials

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