1015 Midway Rd

Claremore, OK 74019
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3 bd, 2 ba | 1,609 sqft | Built in 2008

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List Price
$259,990

Initial Investment

$70,847

Purchase Price

$259,990

Down Payment

25%

Rent

$1,700

Total Return

$67,502

Annualized Return

14.2%

Cap Rate

5.4%

Gross Yield

7.8%

Cash Flow

-$779

Appreciation

5.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,367

HOA

$19/mo

Flood Risk

Not Required

Fantastic full brick single story across from the park and a quiet cul de sac. New interior paint, New counter and backsplash. New faucet, sink and dishwasher. Freshly painted cabinets. Feature walls. New Hot Water Heater 2024. Roof 2017. New Light fixtures throughout. Custom bathroom mirrors. Split bedroom floor plan with Private Primary on East side of the home. Open Living with corner fireplace, Kitchen and Eating. Formal dining or flex space by entry. Large covered patio. Clean and tidy.

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

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$3,675

Property Taxes

-$2,350

Loan Payments

-$14,134

Net Cash Flow

-$779

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: 10/31/2024 18:10
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