This goes without saying, but as with all good looking investments in Tulsa, 👉 this is going to go fast.
901 N Hodge Street, Sapulpa, OK 74066
>>>You can find the interior pictures below before any other investors have seen them
Download property excel spreadsheet here
Built in 2004 and just listed at noon today (3/19), we are looking at a turn-key duplex with both units currently rented. Perfect for the beginner looking to “house-hack” or the experienced investor looking to expand their portfolio. Let’s get into the numbers:
Purchase price of $210,000
From quickly looking at neighbourhood rents, these units will probably go for $1,095 each. Leaving you with a 12.51% cap rate and yields 13.25% COC ROI @20% down and a 3.5% interest rate. (spreadsheet linked above. Download it and mess around with your own financing & expenses)
Know someone who would be interested?
Click the button to share this private newsletter with your friends and business partners to get full breakdowns of Tulsa investments right to your inbox.
Exclusive information about this property:
That is everything you can gather from the listing, so I reached out to the listing agent to get you more information. Here’s what they sent me:
What are both sides currently renting for?
He is renting one side for $750 and the other $800. [The owner] said he knew he could get [at least]$1,000 each side.
How is the condition of the property?
One sides condition is pretty good the other one needs minor cosmetic stuff like paint. I just haven't gotten pictures up yet.
Here are all of the pictures she just sent me of the property: