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$319,500

For Sale - Active
2165 County Road 1226, Tuttle, OK 73089
3 Beds
2 Baths
0 Square Feet
0.75 Acres Lot
Built in 2008
For Sale - Active
Units n/a
Checked: 12 hours ago
Updated: Jun 20, 2025 at 03:10AM

Investment Summary


Monthly Cash Flow
-$522
Cap Rate
4.3%
Cash-on-Cash Return
-8.5%
Debt Coverage Ratio
0.69
Internal Rate of Return (5 years)
-4.3%

Property Description


0.75 Acres Lot
Built in 2008
For Sale - Active
Units n/a

PRICE ADJUSTMENT!!! WELCOME HOME! Quiet country living is calling with this beautiful home. This 3bed/2bath features NEW carpet, FRESH paint, storm shelter, nearly a full acre of land, and so much more. As you walk in, you are greeted with a spacious living area that includes a gorgeous fireplace. The kitchen is ready to help you whip up dinner creations and entertain at the same time with the attached high bar top. The office, which is a true office, is the perfect place for hobbies or even working from home. The bedrooms are ALL roomy and ready to be filled. The primary suite comes with a beautiful, large window and all the privacy you need. Now, lets talk about the backyard....a wonderful patio for cookouts and fun days in the sun. Plenty of space for all your wants and needs. This property has great access to the turnpike and close to Bridgecreek Schools. If you like magnificent sunsets, bright stars, and country livnig, THIS PROPERTY IS FOR YOU! BOOK YOUR SHOWING TODAY!

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Location


Property Details


Parking

  • Description: Attached, Garage
  • Details: Attached, Garage
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

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

Interior Features

  • # of Rooms: 6
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • HOA Fee: $300/annually

Land Information

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

Lot Information

  • Parcel ID: 018500000004000000
  • Lot Size: 32683 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2008

Tax Information

  • Annual Tax: $2,453

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air

Location

  • County: Grady

Listing Details


Listed by:
Heather L Davis
Vicki Davis Real Estate
(405) 395-7632

Source:
MLSOK
MLS#: 1164264

Investment Summary


Monthly Cash Flow
-$522
Cap Rate
4.3%
Cash-on-Cash Return
-8.5%
Debt Coverage Ratio
0.69
Internal Rate of Return (5 years)
-4.3%

Purchase Details

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Purchase price:
$319,500
Amount financed:
-$255,600
Down payment:
$63,900
Closing costs:
$9,585
Rehab costs:
$0
Initial cash invested:
$73,485
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$255,600
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$1,673
Property tax:
$204
Insurance:
$140
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,017

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,000 $24,000
Vacancy loss: (6%)
6% -$120 -$1,440
Operating income:
$1,880 $22,560

Operating Expenses


% Rent Monthly Yearly
Property taxes: (10%)
10%-$204-$2,453
Insurance: (7%)
7%-$140-$1,680
Property management: (8%)
8%-$160-$1,920
Repairs & maintenance: (5%)
5%-$100-$1,200
Capital expenditures: (5%)
5%-$100-$1,200
HOA fees: (1%)
1%-$25-$300
Total operating expenses: (36%)
36%-$729-$8,753

Cash Flow


Monthly Yearly
Net operating income:
$1,151 $13,812
Mortgage payments:
-$1,673 -$20,076
Cash flow:
$522 $6,264