506 W Andrew Ave

Sapulpa, OK 74066
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3 bd, 2 ba | 2,295 sqft | Built in 1961

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List Price
$135,000

$5K

Initial Investment

$36,788

Purchase Price

$135,000

Down Payment

25%

Rent

$2,500

Total Return

$90,307

Annualized Return

39.1%

Cap Rate

14.4%

Gross Yield

22.2%

Cash Flow

$10,733

Appreciation

4.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

304,920

HOA

None

Flood Risk

Not Required

A house is on this property. Seller has never lived on the property. It has been vacant for many years. Enter at your own risk. Property to be sold as is where is. List price is based on the vacant land market analysis.

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

Annual Financial Highlights

Expected Rent

$28,500

Expenses

-$8,778

Property Taxes

-$1,650

Loan Payments

-$7,339

Net Cash Flow

$10,733

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: 04/30/2024 18:04
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.