Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$119,000

Sale Pending
1000 W 13th St, Ada, OK 74820
3 Beds
1 Bath
1,421 Square Feet
0.14 Acres Lot
Built in 1948
Sale Pending
Units n/a
Checked: 12 hours ago
Updated: Jul 31, 2025 at 03:08AM

Investment Summary


Monthly Cash Flow
$285
Cap Rate
8.6%
Cash-on-Cash Return
12.5%
Debt Coverage Ratio
1.51
Internal Rate of Return (5 years)
16.2%

Property Description


0.14 Acres Lot
Built in 1948
Sale Pending
Units n/a

Welcome to this spacious and inviting 3-bedroom, 1-bath home, ideally situated on a desirable corner lot just minutes from Glenwood Park and the restaurants and shops of Main Street. Step inside to a generously sized living room that flows seamlessly into an open-concept kitchen—perfect for entertaining friends and family. Enjoy your morning coffee or evening sweet tea on one of two covered porches, or relax on the large concrete back patio while the kids and dogs play in the fully fenced backyard. This move-in-ready home offers comfort, space, and convenience in a fantastic location. Don’t miss your chance—contact your favorite Realtor today to schedule a private showing!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached Garage
  • Details: Attached, Garage
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 0
  • # of Baths (Total): 1.0

Interior Features

  • # of Rooms: 5
  • # of Stories: 1
  • Basement Description: Crawl Space

Exterior Features

  • Exterior Walls Materials: Wood Siding
  • Roof Material: Asphalt, Fiberglass

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 031000005016000000
  • Lot Size: 6020 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1948

Tax Information

  • Annual Tax: $583

Utilities

  • Water & Sewer: Public
  • Heating: Natural Gas, Central
  • Cooling: Central Air

Location

  • County: Pontotoc

Listing Details


Listed by:
Daniel Sweeney
Sweeney & Associates
(580) 399-1918

Source:
MLS Technology
MLS#: 2531403
MLS Technology

Investment Summary


Monthly Cash Flow
$285
Cap Rate
8.6%
Cash-on-Cash Return
12.5%
Debt Coverage Ratio
1.51
Internal Rate of Return (5 years)
16.2%

Purchase Details

Find an Agent

Purchase price:
$119,000
Amount financed:
-$95,200
Down payment:
$23,800
Closing costs:
$3,570
Rehab costs:
$0
Initial cash invested:
$27,370
Square feet:
1,421
Cost per square foot:
$84
Monthly rent per square foot:
$0.91

Financing Details

Find a Lender

Loan amount:
$95,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$563
Property tax:
$49
Insurance:
$91
Private mortgage insurance (PMI):
$0
Monthly payment:
$703

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,300 $15,600
Vacancy loss: (6%)
6% -$78 -$936
Operating income:
$1,222 $14,664

Operating Expenses


% Rent Monthly Yearly
Property taxes: (4%)
4%-$49-$583
Insurance: (7%)
7%-$91-$1,092
Property management: (8%)
8%-$104-$1,248
Repairs & maintenance: (5%)
5%-$65-$780
Capital expenditures: (5%)
5%-$65-$780
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (29%)
29%-$374-$4,483

Cash Flow


Monthly Yearly
Net operating income:
$848 $10,176
Mortgage payments:
-$563 -$6,756
Cash flow:
$285 $3,420