813 N University Seminole, OK 74868
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 & occupancy rates.** Inside pictures to come.
- Property TypeCondo
- NeighborhoodN/A
- CountySeminole
- Taxes$968
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusActive
- MLS ID Number2417528
- Home Size Source Public Records
- Year Built1930
- Lot Size0.278 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 813 N University Seminole, OK 74868
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General Features
- Construction Other
- Sewer Public Sewer
- Basement Crawl Space
- Number of Stories 222
- Acreage 0.278
- Water Public
- Zoning C2
- Property Sub Type Apartment
- Utilities Electricity AvailablePhone AvailableWater Available
Interior Features
- Cooling Window Units
- Heating Other
- Flooring CarpetLaminate
- Interior Other
Exterior Features
- Roof Composition
- Fencing None
- Exterior Other