9465 E Sprucewood Dr

Claremore, OK 74019
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3 bd, 2 ba | 1,098 sqft | Built in 1996

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List Price
$195,000

Initial Investment

$53,138

Purchase Price

$195,000

Down Payment

25%

Rent

$1,520

Total Return

$58,189

Annualized Return

16.4%

Cap Rate

6.2%

Gross Yield

9.4%

Cash Flow

$849

Appreciation

5.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,607

HOA

None

Flood Risk

Not Required

Newly remodeled 3 bed 2 bath home with spacious back yard located in Verdigris School District. This home features a semi open concept from kitchen to living. Kitchen has nice butcher-block counter tops with cabinets to the ceiling. The back patio is equipped with a new 18x20 concrete pad, pergola, and above ground POOL - perfect for entertaining added this June!

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

Annual Financial Highlights

Expected Rent

$17,328

Expenses

-$3,977

Property Taxes

-$1,900

Loan Payments

-$10,601

Net Cash Flow

$849

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: 09/15/2023 00:09
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