Multi-Family Rental

204 West Mcarthur Drive
Midwest City, OK 73110

Price: $395,000
Cap Rate: 5.4%
Total Monthly Rent Income: $2,990

BUILDING

Units: 2
Year Built: 2019
Flood Insurance Required:  No

Mechanical Summary
Heating Type: Central
Air Conditioning Type: Central
Hot Water Tank Type: Gas
Foundation Type: Slab
Foundation Condition:
Good
Roof Type: Composition 
Roof Age:
 2019

UNIT 1

Beds: 3
Baths: 2.5
SQ/FT: 1,579

Lease Summary
Currently Leased: Yes
Leased Section 8:  No
Original Lease Start Date: 01/07/2022
Lease End Date: 06/31/2023
Monthly Rent Rate: $1,495
Monthly Pet Rent Rate: $0
Security Deposit: $1,200
Pet Deposit: $200
Number Of Pets: 2
Owner Paid Utilities: None
Owner Paid Lawncare: Yes
Lease Concessions: No

Mechanical Summary
Heating Age: 2020
Air Conditioning Age: 
2020
Hot Water Tank Age:
2020
Electric Panel Functional:
Yes
Plumbing Functional: Yes

UNIT 2

Beds: 3
Baths: 2.5
SQ/FT:  1,579

Lease Summary
Currently Leased: Yes
Leased Section 8: No
Original Lease Start Date: 01/01/2022
Lease End Date: 06/30/2022
Monthly Rent Rate: $1,495
Monthly Pet Rent Rate: $0
Security Deposit: $1,000
Pet Deposit: $0
Number Of Pets: 1
Owner Paid Utilities: None
Owner Paid Lawncare: Yes
Lease Concessions:  No

Mechanical Summary
Heating Age: 2020
Air Conditioning Age: 
2020
Hot Water Tank Age:
2020
Electric Panel Functional:
Yes
Plumbing Functional: Yes

MARKET ANALYSIS
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FINANCIAL PROJECTION
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TERMITE INSPECTION REPORT
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INSURANCE QUOTE
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THIRD PARTY INSPECTION REPORT
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REPAIR BID
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