9008 S 255th East Ave

Broken Arrow, OK 74014
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3 bd, 2 ba | 1,985 sqft | Built in 2016

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List Price
$297,000

Initial Investment

$80,933

Purchase Price

$297,000

Down Payment

25%

Rent

$2,030

Total Return

$91,673

Annualized Return

16.3%

Cap Rate

5.4%

Gross Yield

8.2%

Cash Flow

-$559

Appreciation

5.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,420

HOA

$11/mo

Flood Risk

Not Required

Welcome to this meticulously maintained 2016 built home sitting on a large peaceful cul-de-sac lot - one of the largest lots in the neighborhood! This home features 3 bedrooms, 2 bathrooms, and a 2-car garage with an underground storm shelter. Upon entry, you're greeted by a spacious office, which can easily be transformed into an additional bedroom, providing flexibility to suit your needs. Across from the office you will find a formal dining area, perfect for hosting gatherings with family and friends. The heart of the home is the inviting kitchen, with a convenient bar top counter and a mini island perfect for meal prep and dining. The kitchen also includes a reverse osmosis water purifier installed under the sink, tons of cabinet space available for storage, granite countertops, a walk-in pantry, and the fridge stays! The kitchen is open to the spacious living room which is centered by a brick gas fireplace and large windows offering plenty of natural light. The primary bedroom has a private bath with dual vanity, soaking tub and separate shower. It also includes a walk-in closet that is connected to the utility room offering plenty of convenience and ease for laundry. Washer and dryer stay! Then take a step outside to the backyard which is complete with a full privacy fence, covered and extended back patio, and gazebo for additional shade and relaxing. This home is conveniently located and thoughtfully designed, offering a great floor plan and location to meet all of your needs! Don't miss the opportunity to make it your own - Schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$23,142

Expenses

-$3,904

Property Taxes

-$3,650

Loan Payments

-$16,146

Net Cash Flow

-$559

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: 04/22/2024 18:04
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