23325 S 4120 Rd

Claremore, OK 74019
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3 bd, 2 ba | 1,520 sqft | Built in 1953

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List Price
$195,000

Initial Investment

$53,138

Purchase Price

$195,000

Down Payment

25%

Rent

$1,610

Total Return

$62,261

Annualized Return

17.6%

Cap Rate

6.6%

Gross Yield

9.9%

Cash Flow

$1,616

Appreciation

5.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

42,824

HOA

None

Flood Risk

Not Required

Ready for all you Fixer-Uppers and Investors! Definitely a must-see to appreciate. The location is so convenient to Claremore, Owasso, Catoosa and Tulsa. HWY's 66, 20, 169 and the turnpike are close by. Property includes an insulated, heated 30?x40? shop with 2 overhead doors, one with electric opener and compressor. Located within the Verdigris city limits. Survey completed. Needs repairs, will not qualify for traditional financing. Sold AS-IS with no repairs. Property will be conveyed in current condition and to include any and all items on property.

See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$18,354

Expenses

-$4,336

Property Taxes

-$1,800

Loan Payments

-$10,601

Net Cash Flow

$1,616

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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Last Updated: 04/18/2024 20:04
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