1516 Highland Avenue
Shreveport, LA
4 Bedrooms 2 Bathrooms
1500 Square Feet
For Sale
For Sale:
$100,071.00
Totally renovated duplex. Front unit has long term tenant of over 10 years. We do not have pictures of the front unit. Back unit has been renovated within last few years and is in great condition. Both have central air and heat, all electric.
Matterport tour for Apartment B: https://my.matterport.com/show/?m=Y1bgH2Lh2HN
INVESTOR INFORMATION:
Total Rent:1,320.00
Investor Expenses:
Utilities - Water
Lawn Maintenance
Total Monthly Approximate Investor Expenses (excluding taxes and insurance): 115.00
Approximate Annual Taxes: 499.00
Approximate Annual Insurance: 450.00
Investment Calculations:
Monthly Revenue: 1320
Monthly Expenses:
Taxes: 41.58
Insurance 37.5
Other Expenses: 115
Total Monthly Expenses: 194.08
Approximate Net Income before debt service: 1125.92
20% Down Payment: 20014.2
Monthly Mortgage Payment (4.5% interest, 15 year amortization): 612.43
Monthly Cash Flow: 513.49
Annual Cash on Cash Return:30.79%
Air Conditioning:Central
Heating: Central
Laundry: Washer/Dryer Hookups inside
Included Appliances:
Available Parking:
Covered Parking Spaces: 0
Number of Stories: 1
Lease/Purchase Eligible?: No
Available Utilities: - Municipal Water
- Electricity