Contract available for assignment. Easy Rental in appreciating area near Oklahoma City University! Currently a 2 bed, but easy to add a 3rd bedroom. Property is vacant, and will need a complete rehab. This property will rent for $700 – $900.
Repairs: $15,000 – $20,000
Returns Based on $800/Month Income
Gross Cap Rate: 36.85%
Cash flow: $7,546/yr
Cash on Cash: 16.62%
Looking for a quick close. CASH ONLY!!!