108 S Joshua Ave

Broken Arrow, OK 74012
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3 bd, 2 ba | 1,760 sqft | Built in 1980

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List Price
$259,900

Initial Investment

$70,823

Purchase Price

$259,900

Down Payment

25%

Rent

$1,770

Total Return

$72,963

Annualized Return

15.1%

Cap Rate

5.4%

Gross Yield

8.2%

Cash Flow

-$843

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,480

HOA

None

Flood Risk

Not Required

Solid Full Brick Home in Broken Arrow. NEW Tankless water heater in 2024. NEW HVAC in 2022. NEW ROOF in 2019. NEWER vinyl windows. Vaulted ceiling in spacious living room that opens to the kitchen featuring newer countertops, stainless steel appliances, & plenty of dining space & storage. Newer carpet in house & tile in kitchen, dining, hallway & bathrooms. All the bedrooms are good size and have walk-in closets. Oversized utility room. Huge covered patio overlooking peaceful backyard. Well established neighborhood with park, trails and city pool available. Peters Elementary is just a few blocks away. PRIME LOCATION with Meadow Brook Country Club, Cedar Ridge Country Club, Hillcrest Hospital South, Saint Francis Hospital South, Broken Arrow Hills, and Broken Arrow Downtown Rose District located within 3 miles. Move-in ready!

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

Annual Financial Highlights

Expected Rent

$20,178

Expenses

-$3,592

Property Taxes

-$3,300

Loan Payments

-$14,130

Net Cash Flow

-$843

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: 04/15/2025 17:04
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