1505 W Jackson St

Broken Arrow, OK 74012
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3 bd, 2 ba | 1,611 sqft | Built in 1977

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List Price
$140,500

Initial Investment

$38,286

Purchase Price

$140,500

Down Payment

25%

Rent

$1,480

Total Return

$56,622

Annualized Return

22.0%

Cap Rate

8.0%

Gross Yield

12.6%

Cash Flow

$2,776

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,400

HOA

$6/mo

Flood Risk

Not Required

House is priced for Investor interest. This is a very nice home with a lot of potential after updates and structural repairs. It's conveniently located in Broken Arrow on a nice lot. Please see transaction desk for additional structural information. House is being sold "as is-where is"

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$16,872

Expenses

-$4,588

Property Taxes

-$1,870

Loan Payments

-$7,638

Net Cash Flow

$2,776

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:M. Jaye Lollis
Agent License 161149
Coldwell Banker Select
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2410862
Last Updated: 03/27/2024 19:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.