1617 W Main St

Collinsville, OK 74021
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3 bd, 2 ba | 1,584 sqft | Built in 1910

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List Price
$110,000

Initial Investment

$29,975

Purchase Price

$110,000

Down Payment

25%

Rent

$1,620

Total Return

$71,707

Annualized Return

35.2%

Cap Rate

12.1%

Gross Yield

17.7%

Cash Flow

$6,414

Appreciation

6.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,000

HOA

None

Flood Risk

Not Required

Selling As-Is. This home won't last long! Located on the coveted Main St, walking distance to Downtown and Collinsville High School. This 3 bed 2 bath home is the perfect winter project!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Garrett Ayers
The Investor's Broker, LLC
OK Agent License #171032

Annual Financial Highlights

Expected Rent

$18,468

Expenses

-$5,074

Property Taxes

-$1,000

Loan Payments

-$5,980

Net Cash Flow

$6,414

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: 11/18/2024 01:11
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