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$700 Per Month Rental Income With No Collections

$700 Per Month Rental Income With No Collections
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Posted By:
Drew Hall
Posting ID:
3782m3306
Location:
634 51st Pl N
Telephone:
918-852-0433
Tags:
 cash   flow   investment   property   rental   income 
Price:$39,000
Listing Type:Single Family For Sale
Bedrooms:3
Bathrooms:1
Living Area:1000 Sq Ft
Address:
634 51st Pl N
Tulsa, OK 74126

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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.

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