$130,000 · GLENPOOL, OK 74033
Works for flippers · Low return for landlords

Available

$130,000Asking price

3 bd · 1.5 ba · 1,020 sq ft · built 1982

GLENPOOL, OK 74033

No contract on file

via InvestorLift Classic

1 view · listed Oct 19

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $220,000
Asking price: −$130,000
RepairsMiddle of the seller’s $30,000 – $50,000. Ours: $10,500 – $22,000: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$15,179
Profit15.8% of ARV · flippers want 10%+: $34,821
Works

Works for a flipper up to $142,000.

PRIME PARTNER REALTY

Will Spilt

No reviews yet

Comps

Sales

Rents

ARV $220,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $195,000.

The sales behind this value are shown to members.

ARV $220,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PRIME PARTNER REALTY

Will Spilt

No reviews yet

Seller Description

INVESTOR OPPORTUNITY | BUY AND HOLD

Why This Property Stands Out

With projected cash flow of $510 per month and a 10.2% cash-on-cash return, this property presents an attractive opportunity for investors seeking income-producing real estate. The updated condition and comfortable living space make it an appealing option for long-term rental ownership, while the 18% equity position offers additional investment potential.

Whether you're expanding an existing rental portfolio or acquiring your next income-producing asset, this opportunity deserves a closer look.

Ready to add another cash-flowing property to your portfolio?

Investment Breakdown:

FLIP:ARV: $220,000Purchase Price: $130,000Rehab: $50,000All in: $180,00Gross Profit $40,000

RENTAL:Purchase Price: $130,000Rehab: $50,000Gross Equity: $40,000$1,500/mo -$157/mo Tax-$75/mo Insurance

Loan amount $120,000 @ 6.5% = PITI $990

$510 Monthly Cash Flow x 12 = $6,120 Yr Cash Flow$60,000 Investment = 10.2% Cash on Cash Return