71184 S 337 Ct

Wagoner, OK 74467
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2 bd, 1 ba | 931 sqft | Built in 1969

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List Price
$80,000

Initial Investment

$21,800

Purchase Price

$80,000

Down Payment

25%

Rent

$1,110

Total Return

$42,248

Annualized Return

30.1%

Cap Rate

11.4%

Gross Yield

16.6%

Cash Flow

$4,031

Appreciation

4.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

39,131

HOA

None

Flood Risk

Not Required

Bring your lake home dreams to life in this quaint cottage ready for a fun makeover! Less than a mile from beautiful Fort Gibson Lake ... literally down the street and around the corner! The almost 1 acre fully fenced lot with a covered carport is the perfect place to house all of your lake toys and still have room to roam. Home needs work. Fantastic opportunity. Sold as is. Seller will make no repairs.

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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

$12,654

Expenses

-$3,474

Property Taxes

-$800

Loan Payments

-$4,349

Net Cash Flow

$4,031

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:Tracy Ellis
Agent License 159756
Keller Williams Preferred
Certified Agent Brokerage:Garrett Ayers
The Investor's Broker, LLC
OK Brokerage License 182658
SourceMLS Technology Inc. (Tulsa)
MLS #2439309
Last Updated: 11/08/2024 20:11
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