245 E 148th St S

Glenpool, OK 74033
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4 bd, 2 ba | 1,680 sqft | Built in 1965

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,710

Total Return

$82,439

Annualized Return

24.6%

Cap Rate

8.0%

Gross Yield

11.7%

Cash Flow

$3,733

Appreciation

6.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,320

HOA

None

Flood Risk

Not Required

Diamond in the rough ready for your touches. 4bedrooms or 3 bedrooms and a game-room. 2 full baths.
A lot of work has been done already. Roof is only 12 years old on 25 year shingles. 6 year old thermal windows.
HVAC 15 years old. Full siding for paint free home! Very nice powered shop in the backyard with a back yard entry from the alley. Large lot plenty of room for business. Close to schools and highways with easy access to Bixby and south Tulsa.

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

Annual Financial Highlights

Expected Rent

$19,494

Expenses

-$4,003

Property Taxes

-$2,250

Loan Payments

-$9,508

Net Cash Flow

$3,733

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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Listing Courtesy of:Garywayne O'Dell
Agent License 145038
Keller Williams Preferred
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2425691
Last Updated: 07/19/2024 19:07
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