This recently renovated home is currently rented for $700 / month through the Sec 8 program. The rent is automatically credited via electronic transfer from the Oklahoma Housing Finance Agency to the owner's bank account each month so no collection is necessary.
Estimated cash flow after all expense is $400 / month on 20 year term at 6.5%.
The owner is willing to offer property management for a transitional period if needed. If interested please email or call 918-852-0433.