18820 Ridge Rd-Catoosa-74015, Rogers

18820 Ridge Rd

Catoosa, OK 74015

3 bd, 2.5 ba | 2,415 sqft | Built in 1990

List Price

$299,000

Initial Investment

$80,115

Purchase Price

$294,000

Down Payment

25%

Rent

$2,000

Total Return

$80,630

Annualized Return

14.7%

Cap Rate

5.2%

Gross Yield

8.2%

Cash Flow

-$1,502

Appreciation

5.4%

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Features

Occupancy

Occupied

Lease Start

09/10/2021

Lease End

10/01/2022

Lot Size

13,538

HOA

$6/mo

Flood Risk

Not Required

Tenant paid 6 months of rent up front

Attached garage

Long driveway

Large windows

Island in the kitchen for entertaining

Modern styled kitchen

MARKETS

NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$22,800

Expenses

-$5,418

Property Taxes

-$2,900

Loan Payments

-$15,983

Net Cash Flow

-$1,502

See more in Financials

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