512 NW Glendale Dr

Lawton, OK 73507
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3 bd, 1 ba | 1,176 sqft | Built in 1961

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List Price
$85,000

Initial Investment

$24,082

Purchase Price

$84,000

Down Payment

25%

Rent

$850

Total Return

$17,152

Annualized Return

12.4%

Cap Rate

7.7%

Gross Yield

12.1%

Cash Flow

$1,290

Appreciation

2.5%
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Features

Occupancy

Occupied

Lease Start

07/30/2020

Lease End

08/16/2021

Lot Size

5,950

HOA

None

Flood Risk

Not Required

  • Characteristic 3 bed 1 bath
  • Leased to August 2021
  • Quiet, residential neighborhood close to schools and interstate access
  • Easy access to Lawton major employers- Fort Sill, Wal-Mart, and Goodyear

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,734

Property Taxes

-$1,100

Loan Payments

-$4,567

Net Cash Flow

$1,290

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