Multi-Family Rental

511/513 East Indian Drive
Midwest City OK 73110

Price: $130,000

Cap Rate: 7.0%

Total Monthly Rent Income: $1,250

Property Summary

Units: 2
Beds: 3
Baths: 2
SQ/FT: 1,763
Year Built: 1948

Flood Insurance Required: No

Mechanical Summary

Heating Type: Central
Air Conditioning Type: Central

Hot Water Tank Type: Gas

Foundation Type: Crawl Space 
Foundation Condition:
 Repairs Needed

Roof Type: Composition 
Roof Age:
Unknown

Unit 1

Lease Summary

Currently Leased: Yes
Leased Section 8: No

Original Lease Start Date: 09/01/2020
Lease End Date: Month to Month

Monthly Rent Rate: $700
Monthly Pet Rent Rate: $0

Security Deposit: $650
Pet Deposit: $0

Number Of Pets: 0

Owner Paid Utilities: None
Owner Paid Lawncare: No
Lease Concessions: No

Mechanical Summary

Heating Age: 1996
Air Conditioning Age: 
1996
Hot Water Tank Age:
2008
Electric Panel Functional:
Yes or No
Plumbing Functional: Yes

Unit 2

Lease Summary

Currently Leased: Yes
Leased Section 8:  No

Original Lease Start Date: 10/30/2020
Lease End Date: 10/31/2021

Monthly Rent Rate: $550
Monthly Pet Rent Rate: $0

Security Deposit: $300
Pet Deposit: $0

Number Of Pets: 0

Owner Paid Utilities: None
Owner Paid Lawncare: No
Lease Concessions: No

Mechanical Summary

Heating Age: 2006
Air Conditioning Age: 
2006 
Hot Water Tank Age:
2013
Electric Panel Functional:
Yes or No
Plumbing Functional: Yes

All interior photos were taken by the property manager or owner for leasing purposes. Updated photos will be provided at the time of inspections.

All interior photos were taken by the property manager or owner for leasing purposes. Updated photos will be provided at the time of inspections.

Supporting Documentation

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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