2409 Butternut Pl

Edmond, OK 73013
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4 bd, 2 ba | 1,782 sqft | Built in 1979

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List Price
$215,000

Initial Investment

$56,408

Purchase Price

$207,000

Down Payment

25%

Rent

$1,400

Total Return

$40,024

Annualized Return

10.9%

Cap Rate

4.9%

Gross Yield

8.1%

Cash Flow

-$1,724

Appreciation

4.3%
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Features

Occupancy

Occupied

Lease Start

03/22/2019

Lease End

03/31/2023

Lot Size

9,147

HOA

None

Flood Risk

Not Required

  • Leased up-to March 2023
  • Seller to provide 1-year Home Warranty to Buyer

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Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$3,830

Property Taxes

-$2,600

Loan Payments

-$11,254

Net Cash Flow

-$1,724

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