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

$415,000

For Sale - Active
1027 Kimberlin Ln, Tuttle, OK 73089
3 Beds
2 Baths
0 Square Feet
0.33 Acres Lot
Built in 2023
For Sale - Active
Units n/a
Checked: 11 hours ago
Updated: Jun 18, 2025 at 03:01AM

Investment Summary


Monthly Cash Flow
-$1,190
Cap Rate
2.2%
Cash-on-Cash Return
-15.0%
Debt Coverage Ratio
0.39
Internal Rate of Return (5 years)
-10.5%

Property Description


0.33 Acres Lot
Built in 2023
For Sale - Active
Units n/a

This stunning 3-bed, 2-bath home with an oversized study sits on a 0.33-acre lot, blending peaceful country living with city convenience. The open floor plan, abundant natural light, and surround sound wiring create a warm, modern feel. The chef’s kitchen features granite countertops, gas stove, built-in oven, oversized pantry, and ample storage. Bathrooms also feature granite, with thoughtful finishes throughout. The spacious 3-car garage offers room for large vehicles. Already leveled and approved for workshops—ideal for hobbies or small businesses. The covered patio is prepped for an outdoor kitchen (natural gas + water). Built for safety with hurricane clips, roof reinforcement, and frame anchor bolts. This home offers quality, comfort, and flexibility in a prime location. This home comes with a 1 year home warranty.

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, Concrete, Driveway, Garage, GarageDoorOpener
  • Details: Attached, Concrete, Driveway, Garage, RV Access/Parking, Garage Door Opener, Off Street
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 1
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Slab
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • HOA Fee: $250/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Planned Unit Development

Lot Information

  • Parcel ID: 122600003003000000
  • Lot Size: 14375 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2023

Tax Information

  • Annual Tax: $5,361

Utilities

  • Heating: Natural Gas, Central
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Grady

Listing Details


Listed by:
Shanesha Wilhite-Gage
Salt Real Estate Inc
(405) 600-8460

Source:
MLSOK
MLS#: 1168057

Investment Summary


Monthly Cash Flow
-$1,190
Cap Rate
2.2%
Cash-on-Cash Return
-15.0%
Debt Coverage Ratio
0.39
Internal Rate of Return (5 years)
-10.5%

Purchase Details

Find an Agent

Purchase price:
$415,000
Amount financed:
-$332,000
Down payment:
$83,000
Closing costs:
$12,450
Rehab costs:
$0
Initial cash invested:
$95,450
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

Find a Lender

Loan amount:
$332,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,964
Property tax:
$447
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,537

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (25%)
25%-$447-$5,361
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (1%)
1%-$21-$252
Total operating expenses: (51%)
51%-$918-$11,013

Cash Flow


Monthly Yearly
Net operating income:
$774 $9,288
Mortgage payments:
-$1,964 -$23,568
Cash flow:
$1,190 $14,280