14731 Cedar Dr

Claremore, OK 74017
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4 bd, 2 ba | 2,064 sqft | Built in 1988

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List Price
$285,500

Initial Investment

$77,799

Purchase Price

$285,500

Down Payment

25%

Rent

$1,990

Total Return

$79,060

Annualized Return

15.3%

Cap Rate

5.9%

Gross Yield

8.4%

Cash Flow

$527

Appreciation

4.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

47,674

HOA

None

Flood Risk

Not Required

UPDATED and MOVE IN READY!!! This contemporary/ranch-style home is nestled in the quiet neighborhood of Twin Cedar Estates II. This home is an all-electric home with gas hookup available! Located in Sequoyah school district, this home sits on just over an acre lot, 4 bedrooms(primary downstairs) 2 full baths, flex room right off the kitchen, galley style kitchen, walk-in pantry, sunroom, beautiful electric fireplace. This is a must see! A detached garage with a personal workroom in the back, A storage shed, storm shelter, and outdoor electric set up for above above-ground pool or whatever your heart desires! FHA and appraisal requirements have been done. SOLD AS IS! MOTIVATED SELLERS!

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

Annual Financial Highlights

Expected Rent

$22,686

Expenses

-$4,038

Property Taxes

-$2,600

Loan Payments

-$15,521

Net Cash Flow

$527

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:Keri Chasteen
Agent License 203867
RE/MAX Results
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2412523
Last Updated: 04/10/2024 13:04
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