804 N Woodland Dr

Sand Springs, OK 74063
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3 bd, 2 ba | 1,976 sqft | Built in 1962

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List Price
$195,000

Initial Investment

$53,138

Purchase Price

$195,000

Down Payment

25%

Rent

$1,800

Total Return

$89,217

Annualized Return

24.0%

Cap Rate

7.9%

Gross Yield

11.1%

Cash Flow

$4,040

Appreciation

6.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,935

HOA

None

Flood Risk

Not Required

This charming split-level home sits on a quarter acre lot and is conveniently located between Charles Page High School and Sand Springs Lake Park. It features three bedrooms, two full bathrooms, original wood floors and a large back yard. The roof was replaced approximately five years prior with GAF shingles and has a fifty year warranty. The central AC was replaced last year. The entire home has thermal windows with a lifetime warranty.
Showings are only available Sunday - Wednesday. Seller will entertain all reasonable offers.

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

Annual Financial Highlights

Expected Rent

$20,520

Expenses

-$4,079

Property Taxes

-$1,800

Loan Payments

-$10,601

Net Cash Flow

$4,040

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: 07/26/2024 15:07
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