1912 S Gum Ave

Broken Arrow, OK 74012
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3 bd, 2 ba | 1,531 sqft | Built in 1974

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List Price
$189,900

Initial Investment

$51,748

Purchase Price

$189,900

Down Payment

25%

Rent

$1,630

Total Return

$68,575

Annualized Return

19.6%

Cap Rate

7.0%

Gross Yield

10.3%

Cash Flow

$2,259

Appreciation

5.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,970

HOA

None

Flood Risk

Not Required

Nestled in the heart of central Broken Arrow, this delightful 3 bedroom, 2 full bath home is the epitome of comfort and convenience. Boasting two dining areas, including a combo with the living room and a cozy breakfast nook, this residence offers ample space for entertaining and everyday living. As you step inside, you're greeted by a warm and inviting atmosphere, highlighted by a focal point fireplace in the living room – perfect for cozying up during chilly evenings. Natural light floods through large windows, illuminating the space and creating a sense of openness. The well-appointed kitchen has plenty of counter space, making meal preparation a breeze. the fridge stays! Enjoy casual dining in the breakfast nook or host formal dinners in the separate dining area, providing versatility for any occasion. French doors lead from the living room to the expansive backyard, where you'll discover a private sanctuary waiting to be enjoyed. With ample space for outdoor gatherings and activities, this tranquil retreat is ideal for both relaxation and recreation. The home's practical features include a roof replacement just 9 years ago, ensuring peace of mind for years to come. Additionally, all exterior wood repairs have been completed, and the exterior has been freshly painted, enhancing the curb appeal and overall aesthetic of the property. Located in central Broken Arrow, this home offers easy access to a variety of amenities, including schools, shopping, dining, and entertainment options. With its desirable location and array of features, this charming residence presents an exceptional opportunity to embrace the best of suburban living. Don't miss your chance to make this house your home – schedule a showing today and experience the comfort and convenience it has to offer!

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

Annual Financial Highlights

Expected Rent

$18,582

Expenses

-$3,549

Property Taxes

-$2,450

Loan Payments

-$10,324

Net Cash Flow

$2,259

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: 04/10/2024 20:04
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