813 N UNIVERSITY ST
SEMINOLE, OK 74868
$175,000
0 Beds
0 Baths
2,160 Sq Ft
Status Active
MLS# 2417528
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.
Details for 813 N UNIVERSITY ST
$81 / Sq Ft
0 parking spaces
Other
16 Days on website
0.278 acres lot
Area Information for 813 N UNIVERSITY ST
