11007 N 120th East Ave

Owasso, OK 74055
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3 bd, 2 ba | 1,484 sqft | Built in 2013

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List Price
$249,999

Initial Investment

$68,125

Purchase Price

$249,999

Down Payment

25%

Rent

$1,740

Total Return

$68,291

Annualized Return

14.9%

Cap Rate

5.4%

Gross Yield

8.4%

Cash Flow

-$479

Appreciation

5.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,441

HOA

$24/mo

Flood Risk

Not Required

Great location! Owasso Schools! Great Neighborhood conveniently located near Highway 169 and Highway 75. Close to churches, hospitals, shopping and restaurants, where Owasso has so much to offer. The neighborhood HOA offers a pool, park and ponds for your fishing enjoyment, catch and release of course! The home has a NEW Hot Water Tank as of August 2023 and NEW True Wood Siding on the exterior with new exterior paint. This Simmons Bentley Classic was upgraded at the time of purchase to include extensive tile flooring, picture windows that provide a great view to the backyard which faces East, extended upper and lower cabinets in the kitchen as well as "Out of Season" closet storage in the Master Closet. There is so much storage space in this home. This 3 bedroom, 2 bath home has so much to offer, high ceilings, open floor plan, split bedroom plan, ceiling fans and a large inside utility room. That's not all, the kitchen has granite counter tops, a kitchen island with seating, lots of cabinet space and a nice pantry. The large backyard has a newer Pergola with seating, privacy fenced and is a perfect for an evening of tranquility after a long day. The kids will love it too. It is a great home for the whole family! Refrigerator, Washer and Dryer stay. Don't miss this opportunity. This home won't last.

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

Annual Financial Highlights

Expected Rent

$19,836

Expenses

-$3,523

Property Taxes

-$3,200

Loan Payments

-$13,591

Net Cash Flow

-$479

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: 09/10/2023 01:09
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