605 SW 156th St

Oklahoma City, OK 73170
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3 bd, 2 ba | 1,637 sqft | Built in 2002

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List Price
$174,940

Initial Investment

$45,644

Purchase Price

$167,500

Down Payment

25%

Rent

$1,210

Total Return

$40,040

Annualized Return

13.2%

Cap Rate

5.2%

Gross Yield

8.7%

Cash Flow

-$882

Appreciation

4.8%
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Features

Occupancy

Occupied

Lease Start

02/01/2020

Lease End

01/31/2022

Lot Size

6,534

HOA

None

Flood Risk

Not Required

  • Inspection contingency available
  • 5-star neighborhood, with 9+ school scores
  • Below market rental rate
  • Walking distance to Southmoore High School and Westmoore Trails Park

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Annual Financial Highlights

Expected Rent

$13,794

Expenses

-$3,170

Property Taxes

-$2,400

Loan Payments

-$9,106

Net Cash Flow

-$882

See more in Financials

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