511 Glencoe Cir

Claremore, OK 74017
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3 bd, 2 ba | 2,220 sqft | Built in 1992

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List Price
$259,900

$9K

Initial Investment

$70,823

Purchase Price

$259,900

Down Payment

25%

Rent

$1,690

Total Return

$59,195

Annualized Return

12.5%

Cap Rate

5.0%

Gross Yield

7.8%

Cash Flow

-$1,927

Appreciation

4.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,029

HOA

None

Flood Risk

Not Required

Charming home nestled on a pie shaped cul-de-sac lot, perfect first home! Open kitchen concept open to living space. Fully finished basement perfect for a game room, media center, man cave or 4th bdrm. Deck for entertaining, nice sized backyard. New A/C, Appliances are 2 years old.

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

$19,266

Expenses

-$4,613

Property Taxes

-$2,450

Loan Payments

-$14,130

Net Cash Flow

-$1,927

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:Sabrina Chamberlain
Agent License 138144
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Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2410942
Last Updated: 04/13/2024 21:04
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