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8113 NW 113th St
B- Composite 66.26
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +25.1/30.0
  • ARV discount +15.0/15.0
  • DSCR +8.2/10.0
  • 1% rule +6.2/10.0
  • Livability +4.0/5.0
  • Rent growth +3.9/5.0
  • Condition / age +2.5/5.0
  • Schools +1.3/10.0
  • Appreciation +0.0/10.0

$160,000

8113 NW 113th St · Oklahoma City, OK 73162
3 bd · 2.0 ba · 1,685 sqft · SingleFamily public records · 4 Days on market
Built 1984 9,100 sqft lot Est $226k · 29% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

BEAUTIFUL CERAMIC TILE IN ENTRY AND MASTER BATH. GLASS SHOWER DOOR IN MASTER BATH PLUS HIS AND HER WALK-IN CLOSETS. SPACIOUS CATHEDRAL CEILING IN LIVING ROOM WITH FIREPLACE/BOOKSHELF. LOTS OF STORAGE SPACE. NEW EXTERIOR PAINT! HURRY! IT WON`T LAST LONG...

Key facts

  • Spacious living area
  • Walk-in closet
  • Roomy kitchen

Tags

SPACIOUS LIVING AREAVAULTED CEILINGSROOMY KITCHENWALK-IN CLOSETEN SUITE BATHOVERSIZED GARAGE

Property features AI

Finance

  • Financial info: Listing offered as-is; Accepted listing terms include Cash Only and Conventional financing; Not assumable
  • HOA & community: No mandatory association dues

Exterior

  • Parking: 2-car garage
  • Utilities: Electricity available; Natural gas available; High-speed internet available; Public utilities
  • Home design: Single family residence; One-level property; Residential, existing construction
  • Construction: Masonry veneer exterior; Composition roof; Slab foundation
  • Exterior features: Wood fence; Interior lot

Interior

  • Kitchen: Electric range (free-standing); Electric oven; Dishwasher; Disposal; Refrigerator
  • Bedrooms: 3 bedrooms
  • Flooring: Laminate; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heating
  • Interior features: Ceiling fan(s); Wood-burning fireplace

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $160k.

Deal economics

  • At list price, monthly cash flow is $355 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $160k).
  • Cap rate 9.0% vs local median 3.7% in Oklahoma City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 80/100 on livability (#3 in OK, #1,635 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
  • Putnam City (urban): math 12% / reading 16% proficiency, ranked #227 of 270 in OK (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Will Rogers Es (math 12% / reading 22%, grade F, #540 of 845 statewide, top 68%, 365 students, 0% FRL); Putnam City North Hs (math 18% / reading 29%, grade F, #218 of 447 statewide, top 49%, 1,579 students, 0% FRL) — zoned schools average 0% FRL vs 65% district-wide (65 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents rising fast (+5.6%/yr); 166 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,365 units permitted in Oklahoma County in 2024 (569 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Oklahoma County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 5.6% rent growth), your $45k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $95k; list at $160k implies a 68% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $160,000

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.12%
Cap rate
8.95%
Cash-on-cash
9.50%
DSCR
1.42
GRM
7.4

CMA / ARV

ARV (on-the-fly)
$225,790
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8113 NW 113th St 0.00mi 3/2.0 1,685 (0%) 1mo $140,000 $83 99
11304 N Eagle Ln 0.28mi 3/2.0 1,652 (-2%) 1mo $228,000 $138 83
11441 Walters Ave 0.36mi 3/2.0 1,611 (-4%) 2mo $195,000 $121 74
10704 Cruces Dr 0.54mi 3/2.0 1,664 (-1%) 3mo $235,000 $141 70
11608 Century Dr 0.21mi 3/2.0 1,886 (+12%) 1mo $227,500 $121 70
11413 Roxboro Ave 0.56mi 3/2.0 1,640 (-3%) 4mo $225,000 $137 66
11516 Walters Ave 0.42mi 3/2.0 1,525 (-10%) 1mo $215,000 $141 64
8344 NW 109th Ter 0.45mi 3/2.0 1,798 (+7%) 5mo $237,000 $132 64
11421 Wallace Ave 0.46mi 3/2.0 1,824 (+8%) 2mo $231,900 $127 63
11407 Wallace Ave 0.45mi 3/2.0 1,517 (-10%) 5mo $225,000 $148 58
12108 Sylvester Dr 0.53mi 4/2.0 (+1) 1,858 (+10%) 2mo $249,000 $134 52
8324 NW 118th St 0.42mi 4/2.0 (+1) 1,921 (+14%) 5mo $246,000 $128 48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.59% rent growth · sell at horizon

5-year hold
IRR
0.8%
Equity multiple
1.03×
Total profit
$1,474
Equity at exit
$23,857
10-year hold
IRR
12.9%
Equity multiple
2.14×
Total profit
$51,198
Equity at exit
$13,834

Cash invested: $44,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
83 Strongly Landlord-Friendly
State Oklahoma
83 Strongly Landlord-Friendly · R+20
County
— inherits STATE
City
— inherits STATE
5-day notice; strongly landlord-favorable.

ZIP-level market 73162

Rents YoY
5.6%
Active inventory
166
Price-to-rent
7.4×

Monthly cashflow live

Estimated rent
$1,799 high interval (Pro) →
Mortgage (P&I)
$839
Tax from tax record
$161 /mo · $1,934/yr
Insurance
$67
HOA
$0
Vacancy / Maint / Mgmt
$378
Net cashflow
$355

Break-even live

Break-even rent $1,351
Max offer price $160,000
Occupancy floor 75%

Sensitivity live

Price -10% $445 -5% $400 +0% $355 +5% $309 +10% $264
Rent -10% $212 -5% $284 +0% $355 +5% $426 +10% $497
Rate -1.0pp $435 -0.5pp $395 base $355 +0.5pp $313 +1.0pp $271

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$40,000
Closing costs
$4,800
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8301 NW 112th St Oklahoma City, OK 3.0 2.0 1720 $1,625 $0.94 24d 1 0.15mi
11629 Kings Cir Oklahoma City, OK 4.0 2.0 2082 $1,950 $0.94 3d 1 0.19mi
8024 NW 110th Dr Oklahoma City, OK 3.0 2.0 1445 $1,695 $1.17 24d 1 0.41mi
8016 NW 110th Dr Oklahoma City, OK 3.0 2.0 1445 $1,695 $1.17 12d 1 0.42mi
8000 NW 110th Dr Oklahoma City, OK 3.0 2.0 1445 $1,745 $1.21 15d 1 0.43mi
8609 NW 113th Ct Oklahoma City, OK 3.0 2.0 1800 $2,000 $1.11 24d 1 0.45mi
10723 Lawson Place Rd Oklahoma City, OK 3.0 2.0 1200 $1,495 $1.25 24d 1 0.50mi
12216 Sylvester Dr Oklahoma City, OK 3.0 2.0 2052 $1,845 $0.90 24d 1 0.54mi
8012 NW 105th St Oklahoma City, OK 3.0 2.0 1200 $1,495 $1.25 12d 1 0.66mi
10526 Utica Dr Oklahoma City, OK 3.0 2.0 1200 $1,545 $1.29 24d 1 0.67mi
8816 NW 114th St Oklahoma City, OK 3.0 2.0 2013 $2,200 $1.09 4d 1 0.67mi
10522 Harvest Moon Ave Oklahoma City, OK 3.0 2.5 1500 $1,395 $0.93 24d 1 0.69mi
7501 NW 115th St Oklahoma City, OK 3.0 2.0 1387 $1,560 $1.12 2d 1 0.70mi
8002 NW 105th Ter Unit A Oklahoma City, OK 3.0 2.0 1200 $1,495 $1.25 15d 1 0.71mi
8027 NW 104th St Oklahoma City, OK 2.0 2.0 1570 $1,395 $0.89 3d 1 0.77mi
8824 NW 109th Ln Oklahoma City, OK 3.0 2.5 1520 $1,745 $1.15 24d 1 0.77mi
24 Redstone Blvd Oklahoma City, OK 2.0 1.0–2.0 857 $1,950 $2.27 2d 11 0.78mi
11606 Mackenzie Way Yukon, OK 3.0 2.0 1215 $2,850 $2.35 24d 1 0.82mi
11608 Mackenzie Way Yukon, OK 3.0 2.5 1259 $1,545 $1.23 15d 1 0.82mi
11608 Mackenzie Way Yukon, OK 3.0 2.5 1259 $1,495 $1.19 11d 1 0.82mi
11505 Mackenzie Way Yukon, OK 3.0 2.0 1200 $1,495 $1.25 20d 1 0.85mi
8922 NW 109th Ter Oklahoma City, OK 3.0 2.5 1412 $1,600 $1.13 24d 1 0.85mi
12008 Brinley Reign Dr Yukon, OK 3.0 2.0 1382 $1,850 $1.34 24d 1 0.90mi
9113 NW 121st St Yukon, OK 4.0 2.0 1650 $1,986 $1.20 24d 1 1.08mi
7136 NW 115th St Unit 7138 Oklahoma City, OK 3.0 2.0 1489 $1,325 $0.89 24d 1 1.10mi
7137 NW 116th St Unit 7137 Oklahoma City, OK 3.0 2.0 1465 $1,350 $0.92 24d 1 1.11mi
7420 NW 126th St Oklahoma City, OK 3.0 2.0 1580 $1,600 $1.01 24d 1 1.12mi
9777 N Council Rd Oklahoma City, OK 2.0 2.0 1086 $1,319 $1.21 24d 1 1.13mi
9777 N Council Rd Oklahoma City, OK 2.0 2.0 1086 $1,329 $1.22 20d 1 1.13mi
9777 N Council Rd Oklahoma City, OK 3.0 2.0 1178 $1,499 $1.27 20d 1 1.13mi
9777 N Council Rd Oklahoma City, OK 3.0 2.0 1178 $1,499 $1.27 21d 1 1.13mi
9777 N Council Rd Oklahoma City, OK 3.0 2.0 1421 $1,539 $1.08 16d 1 1.13mi
9017 NW 127th St Oklahoma City, OK 3.0 2.0 1200 $1,695 $1.41 24d 1 1.21mi
12829 High Plains Ave Oklahoma City, OK 3.0 2.5 2006 $2,195 $1.09 3d 1 1.22mi
9109 NW 127th St Oklahoma City, OK 3.0 2.0 1400 $1,845 $1.32 21d 1 1.25mi
9109 NW 127th St Oklahoma City, OK 3.0 2.0 1400 $1,845 $1.32 24d 1 1.25mi
12721 Cortona Ter Yukon, OK 4.0 2.0 1650 $2,095 $1.27 24d 1 1.28mi
11620 Krew Way Yukon, OK 4.0 2.0 1459 $1,725 $1.18 2d 1 1.32mi
11625 Krew Way Yukon, OK 4.0 2.0 1459 $1,595 $1.09 4d 1 1.35mi
11628 Annette Dr Yukon, OK 3.0 2.0 1248 $1,555 $1.25 24d 1 1.37mi

Listing history 7 events

  1. 2026-05-01
    status Pending
  2. 2026-04-27
    listed $160,000 Active
  3. 2001-06-22
    soldstatus $95,000
  4. 2001-06-14
    soldstatus $94,900 260-char remark
    Show marketing remark (260 chars)

    BEAUTIFUL CERAMIC TILE IN ENTRY AND MASTER BATH. GLASS SHOWER DOOR IN MASTER BATH PLUS HIS AND HER WALK-IN CLOSETS. SPACIOUS CATHEDRAL CEILING IN LIVING ROOM WITH FIREPLACE/BOOKSHELF. LOTS OF STORAGE SPACE. NEW EXTERIOR PAINT! HURRY! IT WON`T LAST LONG...

  5. 2001-04-01
    listed $94,900 260-char remark
    Show marketing remark (260 chars)

    BEAUTIFUL CERAMIC TILE IN ENTRY AND MASTER BATH. GLASS SHOWER DOOR IN MASTER BATH PLUS HIS AND HER WALK-IN CLOSETS. SPACIOUS CATHEDRAL CEILING IN LIVING ROOM WITH FIREPLACE/BOOKSHELF. LOTS OF STORAGE SPACE. NEW EXTERIOR PAINT! HURRY! IT WON`T LAST LONG...

  6. 1998-04-30
    soldstatus $84,000
  7. 1995-01-04
    soldstatus $67,113

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OK · Resets to sale price

Current annual tax
$1,934 · $161/mo
Projected year-2 tax
$1,934 · $161/mo
Expected delta
$0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 6/10 Major 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,593
− Mortgage interest
−$8,962
− Property taxes
−$1,934
− Insurance
−$800
− Repairs & maintenance
−$1,727
− Management
−$1,727
− Depreciation
−$4,655
Taxable income
$1,787
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$429
After-tax cash flow
$3,827/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Putnam City
NCES district ID
4025290
Math proficiency
12% ▼ -18.00%
Reading proficiency
16% ▼ -14.00%
Median HH income
$46,657
Composite
12.61/100
National rank
#9614
State rank
#227 of 270 in OK

Livability — Oklahoma City

Score
80/100
State rank
#3
US rank
#1635

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment C Housing A+ Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Oklahoma City, OK
County
Oklahoma County · 771,644 people
City population
498,656
Metro
Oklahoma City, OK
Population (ZIP)
28,728
Household income
$88,031
Rent vs Own
28.0% rent · 72.0% own
Severe rent burden
913.0

Population outlook (Oklahoma County) Hauer SSP2

Today (2025)
911,875 people
By 2030
982,413 · +7.7%
By 2040
1,130,468 · +24.0%
By 2050
1,288,422 · +41.3%
By 2075
1,711,482 · +87.7%
By 2100
2,088,448 · +129.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
White 62% Black 14% Two or more races 11% Hispanic / Latino 8% Asian 6% Native American 2%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Slovak 4% Italian 2% Serbian 1%
Foreign-born
8% · Vietnam, Canada, China
Languages at home
90% English-only · Spanish 4% Vietnamese 2% Other Asian/Pacific 1%

Political lean MEDSL · Oklahoma

2024 margin
Toss-up / Even · D 48.0% · R 49.7% · Other 2.3%
2008→2024 swing
+15.1pp toward D · 2008: -16.8pp · 2024: -1.7pp
All cycles
2024: R+1.7 2020: R+1.1 2016: R+10.5 2012: R+16.7 2008: R+16.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -172.35%
Current HPI
205.6639
Rent YoY
▲ 5.59%
Metro
Oklahoma City, OK
State GDP YoY
▲ 1.55%
F500 in state
6

Industry mix (Fortune 500 HQ in OK)

Industry F500 HQs Revenue

Price history

+138.4% since first listed
7 events — show timeline
  • 2026-05-01 Pending MLSOK
  • 2026-04-27 Listed $160,000 MLSOK
  • 2001-06-22 Sold (Public Records) $95,000 Public Records
  • 2001-06-14 Sold (MLS) $94,900 MLSOK
  • 2001-04-01 Listed $94,900 MLSOK
  • 1998-04-30 Sold (Public Records) $84,000 Public Records
  • 1995-01-04 Sold (Public Records) $67,113 Public Records

Property tax history

+2.7%/yr

Latest (2025): $1,934 · +3.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…