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127 East Olive Street

Shreveport, LA

3 Bedrooms 2 Bathrooms
1600 Square Feet

For Sale

For Sale or For Rent:
$70,833.00
or $0.00 per

3 bedroom 2 bath house in Highland!  Great location convenient to everything in the Shreveport/Bossier Area.  Recently remodeled and ready to move in!  Kitchen comes with all appliances including dishwasher.  House has central air and heat and washer/dryer hookups.  Pets are welcome with applicable pet deposit starting at $150 for one small pet.  After you’ve taken the interactive 3D tour if you’d like to schedule a viewing feel free to contact us by phone at 318-734-3440 or text only to 318-218-0123.  Listed rent is for a 2 year lease, one year lease is $25 more per month.  Leases shorter than a year are negotiable based on terms.

Kevin May

Kevin has lived in the Shreveport-Bossier area for the majority of his life. He has extensive experience in residential real estate investment, both single family and multi-family. He also has extensive experience in renovations, and finance. Kevin holds a B.S. in Finance from LA Tech University, and an MBA from the University of Notre Dame. When he's not working he enjoys soccer, scuba diving, socializing, volunteering, and playing with his dog.

kevin@maycorentals.com
https://maycorealestate.com
318-734-3440


INVESTOR INFORMATION:

Total Rent:850.00
Investor Expenses:
  • None

  • Total Monthly Approximate Investor Expenses (excluding taxes and insurance): 0.00
    Approximate Annual Taxes: 381.00
    Approximate Annual Insurance: 400.00


    Investment Calculations:
    Monthly Revenue: 850
    Monthly Expenses:
    Taxes: 31.72
    Insurance 33.33
    Other Expenses:
    Total Monthly Expenses: 65.05
    Approximate Net Income before debt service: 784.95
    20% Down Payment: 14166.6
    Monthly Mortgage Payment (4.5% interest, 15 year amortization): 433.49
    Monthly Cash Flow: 351.45
    Annual Cash on Cash Return:29.77%
    Air Conditioning:Central
    Heating: Central
    Laundry: Washer/Dryer Hookups inside
    Included Appliances:
    • Refrigerator
    • Range
    • Microwave
    • Dishwasher
    Available Parking:
    Covered Parking Spaces: 0
    Number of Stories: 1
    Lease/Purchase Eligible?: No
    Available Utilities:
    • Municipal Water
    • Natural Gas
    • Electricity