Pending
bedrooms
12
bathrooms
8
square feet
6,780
Acreage
-
Open Houses
-
year built
1982
Full Baths
8
Half Baths
0
Investors look: 8 rental units. 4 units are 2 bed and 4 units are 1 bedroom. ( if at full capacity)
Rent Potential at 100% occupancy is $53,900. Rent at 80% occupancy is $42,900. Estimated annual expenses. Property tax $1,000: Property Insurance $4,300: Utilities $7,500 : Repairs and Misc $7,000 for a total of $19,800. Net Income after expense is $23,100. 10% cap Rate value indicates value of $231,000. Market value based on comp value is quite different(Less).
Borrowing Scenario. $150,000 loan 15 years @ 8% would have a monthly payment of $1,435 a month or $17,220 annually versus net income of $23,100 which provides an attractive debt coverage ratio.
**This info is an estimation of taxes, insurance, rent & occupancy rates. EASY TO SHOW
| Location | |
| Subdivision | - |
| County | Seminole |
| Elementary School | Northwood ES |
| Middle School | Seminole MS |
| High School | Seminole HS |
Open houses
Find out more
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MLS number: 1108797
Listing agent:
Pam Robinson
#119875
Listing broker:
Pam Robinson Real Estate, Inc.
(405) 382-7653
Copyright © 2025 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, January 14 2025 at 11:19 p.m. EST
Kotohomes National