320 W 63rd Pl N

Tulsa, OK 74126
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3 bd, 1 ba | 912 sqft | Built in 1968

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List Price
$69,900

Initial Investment

$17,985

Purchase Price

$66,000

Down Payment

25%

Rent

$895

Total Return

$32,516

Annualized Return

27.0%

Cap Rate

10.0%

Gross Yield

16.3%

Cash Flow

$2,379

Appreciation

5.4%
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Features

Occupancy

Month To Month

Lease Start

10/09/2018

Lease End

M/M

Lot Size

7,200

HOA

None

Flood Risk

Not Required

  • Tenant is section 8
  • Good cap rate
  • Good annual cash flow
  • Updates in the kitchen

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Annual Financial Highlights

Expected Rent

$10,203

Expenses

-$3,236

Property Taxes

-$1,000

Loan Payments

-$3,588

Net Cash Flow

$2,379

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