6330 E 146th St S

Bixby, OK 74008
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4 bd, 2 ba | 1,802 sqft | Built in 2023

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List Price
$320,000

Initial Investment

$87,200

Purchase Price

$320,000

Down Payment

25%

Rent

$2,000

Total Return

$65,112

Annualized Return

11.6%

Cap Rate

5.1%

Gross Yield

7.5%

Cash Flow

-$1,271

Appreciation

4.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,900

HOA

$33/mo

Flood Risk

Not Required

Featured Home for upcoming Parade of Homes! Secure this beauty today! Time for some Spring Cleaning so come out today to learn more, you'll be glad you did! This is an opportunity that doesn't happen often! Check out 3D Virtual Tour! Closing costs covered....ask for details! Secure this home today before the Spring Season takes off! Southridge at Lantern Hill is a stunning community with beautiful homes throughout on larger homesites! This sought after neighborhood offers residents a nice "country feel" but all the amenities of city life. The Johnston floor design is one of our bestselling, most desired layouts! The focal point of this home is the desired open concept that gives you almost endless possibilities to maximize your space. This kitchen is known for its large, free-standing kitchen island with an abundance of countertop space and storage. All 4 bedrooms are spacious. This home truly checks all the boxes. Packed with tons of included features, a few to mention are: Tankless Water Heater, Blinds, hard surface flooring, just ask for digital copy of our features. Our homeowners typically choose our homes for 3 primary reasons....longevity, safety, and financial savings! #1 - Longevity - We as a builder have been established in Tulsa for over a decade and have over 40 years of experience of building homes for Oklahomans backing this company! Don't buy from an unproven builder but someone local and with this kind of tenure! #2 - Our homes supersede the standards of other builders as we include built in tornado safety features into EVERY home! This helps protect your largest investment and those inside of it during turbulent weather. #3 - Our energy efficient standards surpass others! From our tankless water heater, radiant barrier decking, upgraded insulation and so much more.....these steps save you money monthly on your utility bills allowing you to allocate those funds to something more important! Schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$22,800

Expenses

-$3,774

Property Taxes

-$2,900

Loan Payments

-$17,397

Net Cash Flow

-$1,271

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:Larry Pennington
Agent License 28912
Larry R. Pennington, REALTOR
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2420643
Last Updated: 06/24/2024 05:06
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