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

$565,000

For Sale - Active
9755 Rita Blanca Rd, Edmond, OK 73025
4 Beds
3 Baths
0 Square Feet
0.81 Acres Lot
Built in 2022
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jul 30, 2025 at 03:47AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$322
Cap Rate
5.0%
Cash-on-Cash Return
-3.0%
Debt Coverage Ratio
0.88
Internal Rate of Return (5 years)
1.1%

Property Description


0.81 Acres Lot
Built in 2022
For Sale - Active
Units n/a

Welcome to this stunning home located in the desirable Prairie Meadows community of Edmond. Boasting 4 true bedrooms, a spacious upstairs bonus/flex room, 3-car garage, storm shelter, Vivint security system, and on-demand water heater. Step into the open-concept living room featuring a soaring cathedral ceiling, fireplace, and wood-look tile flooring. The kitchen includes sleek white quartz countertops, a gas cooktop, under-cabinet lighting, an oversized island with an apron sink, walk-in pantry, and abundant cabinetry. Retreat to the large primary suite complete with dual vanities with granite countertops, a relaxing bathtub, a large tiled walk-in shower, and direct access to the walk-in closet which conveniently connects to the laundry room. An additional bedroom and full bath are located just off the kitchen. Upstairs, you'll find two more bedrooms, another full bath, and a large bonus/flex room perfect for a home office, media room, or play area. Enjoy outdoor living on the enclosed back porch featuring a wood-burning fireplace, gas BBQ hookup, and TV-ready—all overlooking the spacious backyard. Don't miss your chance to own this immaculate home in one of Edmond's most sought-after neighborhoods!

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: Garage
  • Details: Attached, Concrete, Driveway, Garage, Garage Door Opener
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 2
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Masonry
  • Foundation: Slab
  • Roof Material: Other

HOA

  • Has HOA: Yes
  • HOA Fee: $750/annually

Land Information

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

Lot Information

  • Parcel ID: 420060247
  • Lot Size: 35196 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Contemporary, Traditional
  • Year Built: 2022

Tax Information

  • Annual Tax: $0

Utilities

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

Location

  • County: Logan

Listing Details


Listed by:
Nicole Simon
Redfin
(405) 568-9171

Source:
MLSOK
MLS#: 1172738

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$322
Cap Rate
5.0%
Cash-on-Cash Return
-3.0%
Debt Coverage Ratio
0.88
Internal Rate of Return (5 years)
1.1%

Purchase Details

Find an Agent

Purchase price:
$565,000
Amount financed:
-$452,000
Down payment:
$113,000
Closing costs:
$16,950
Rehab costs:
$0
Initial cash invested:
$129,950
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

Find a Lender

Loan amount:
$452,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,674
Property tax:
$0
Insurance:
$245
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,919

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,500 $42,000
Vacancy loss: (6%)
6% -$210 -$2,520
Operating income:
$3,290 $39,480

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$245-$2,940
Property management: (8%)
8%-$280-$3,360
Repairs & maintenance: (5%)
5%-$175-$2,100
Capital expenditures: (5%)
5%-$175-$2,100
HOA fees: (2%)
2%-$63-$756
Total operating expenses: (27%)
27%-$938-$11,256

Cash Flow


Monthly Yearly
Net operating income:
$2,352 $28,224
Mortgage payments:
-$2,674 -$32,088
Cash flow:
$322 $3,864