6237 S 120th East Ave

Broken Arrow, OK 74012
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3 bd, 1 ba | 964 sqft | Built in 1973

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List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,480

Total Return

$65,740

Annualized Return

20.4%

Cap Rate

7.3%

Gross Yield

10.1%

Cash Flow

$2,561

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,993

HOA

None

Flood Risk

Not Required

Single-story brick home with 3 bedrooms, 1 bathroom, and a great backyard. Open kitchen and dining area. Part of the garage has been converted to a hobby room and could easily be converted back. Recently all carpet in the house was replaced with luxury vinyl planking. All appliances can stay with the property. That includes a washer, dryer, and refrigerator. Union School District. Close to shopping and dining.

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

Annual Financial Highlights

Expected Rent

$16,872

Expenses

-$3,197

Property Taxes

-$1,600

Loan Payments

-$9,514

Net Cash Flow

$2,561

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: 04/23/2024 14:04
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