109 S Brown Ave
Hominy, OK 74035
List Price
$125,000
Initial Investment
$34,063Purchase Price
$125,000
Down Payment
25%
Rent
$3,510
Total Return
$164,213
Annualized Return
69.5%
Cap Rate
22.8%
Gross Yield
33.7%
Cash Flow
$19,744
Appreciation
8.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
53,340
HOA
None
Flood Risk
Not Required
This property has so much to offer! The main home features 3 bedrooms, 2 bathrooms, 2 car garage with carport. Roof is 9 years old. Fenced yard around the house. The shop has a concrete slab is 1200SF & built in 2001, has AC and electric! Additional separate 2 car garage for ample storage and space! There is a bomb shelter and several sheds and carports on the property. The property is 15 city lots! Seller is willing to do appraisal required repairs only so the home can be financed USDA or FHA. The small fixer upper home and yard have been surveyed off from the main property but will convey with the main property at no additional cost to the buyer at closing.
See more in Analysis
Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032
Annual Financial Highlights
Expected Rent
$40,014Expenses
-$12,324Property Taxes
-$1,150Loan Payments
-$6,796Net Cash Flow
$19,744See 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.
Similar Listings
Listing Courtesy of:Ashley Dailey
Agent License 173183
Keller Williams Premier
Agent License 173183
Keller Williams Premier
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2502902
Last Updated: 03/14/2025 20:03
MLS #2502902
Last Updated: 03/14/2025 20:03