724 S Willow St # Duplicated668739

Chelsea, OK 74016
image0

3 bd, 2 ba | 1,584 sqft | Built in 1981

slider image
slider image
slider image

Favorite

List Price
$205,000

Initial Investment

$55,863

Purchase Price

$205,000

Down Payment

25%

Rent

$1,420

Total Return

$58,439

Annualized Return

15.3%

Cap Rate

5.4%

Gross Yield

8.3%

Cash Flow

-$626

Appreciation

5.4%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

426,060

HOA

None

Flood Risk

Not Required

Attention investors. This property offers a combination of space, versatility, and income potential. It features 7 individual units, each equipped with its own city utilities plus a 50 amp rv full hookup site. A 30x70 shop offering endless possibilities for storage, or additional income-generating activities. All housing units and shop are located on the front of the property leaving the rest of the land open to future develpment. Serious buyers. Cash only. Selling as is.

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$16,188

Expenses

-$3,819

Property Taxes

-$1,850

Loan Payments

-$11,145

Net Cash Flow

-$626

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.
View Options

Similar Listings



Listing Courtesy of:Shane Stendahl
Agent License 205890
Solid Rock, REALTORS
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2413921
Last Updated: 04/19/2024 02:04
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.