Pam Robinson
This listing was posted on RealtyWW.
$175,000
Home For Sale In Seminole, Oklahoma
Price:
$175,000
BR/BA:
10+ BR, 8 BA
Location:
813 N University St, Seminole, OK
Description:
Investors look: 8 rental units. 4 units are 2 bed and 4 units are 1 bedroom. Inside pictures coming soon. 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 and occupancy rates. Inside pictures to come.For more details: https://realtyww.info/homes_seminole-d541081/for-sale_i71927788
Property Type:
Single-Family Houses
Posted:
May 17 on RealtyWW
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More About this Listing: Home For Sale In Seminole, Oklahoma
Home For Sale In Seminole, Oklahoma is a 10+ BR Eight Bath Single-Family Homes for Sale at 813 N University St in Seminole OK. Find other listings like Home For Sale In Seminole, Oklahoma and listings near 813 N University St by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Seminole OK.
Home For Sale In Seminole, Oklahoma is a 10+ BR Eight Bath Single-Family Homes for Sale at 813 N University St in Seminole OK. Find other listings like Home For Sale In Seminole, Oklahoma and listings near 813 N University St by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Seminole OK.