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Posted: Saturday, February 11, 2017 3:08 PM

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Putnam heights corner lot, brick house in great shape, ( 3B/1B) currently is not rented, real wooden floors,antique working fire place, newely remodeled,new roof and decking, new elaectric central heat and air, new hot water tanks, car port,it could be rent out very easy between $1200-$1300 / month.
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It has 2 efficiencies at the back used to rent for $675/ mo /each (all BP) ,now it could be rented for $700 / m/ each,
Renting the back 2 efficiencies will make all your monthly payments even more for the whole deal.

Asking price $175k fixed for the whole deal.CASH/ AS IS,

SELLER WOULD HELP WITH THE DOWN PAYMENT FOR THE RIGHT BUYER ,


So with 20%DP ,-------------------------------------------------------$35k
Loan for $140k at4% for 20 years for average credit ------------$850 per month
Insurance----------------------------------------------------------------$90 per month
Expenses include property tax----------------------------------------$300 per month
Total expenses-----------------------------------------------------------$1240
Monthly income ------------------------------------------------------$2400 -$2700
Monthly net income-----------------------------------------------------$1160-$1460
ROI ------------------------------------------------------------------------$39.8%-$50%

EASY, selling for seriouse health issues my loss is your gain.

IF YOU BUY IT WITH NO BANK LOAN THE ROI 15%

• Location: Brooklyn, oklahoma city

• Post ID: 94006557 brooklyn
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