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205 Royal Street

Bossier City, LA

2 Bedrooms 1.5 Bathrooms
1100 Square Feet

For Sale

For Sale: $80,000.00

2 bedroom 1.5 bath house in Bossier in quiet neighborhood.  Comes with kitchen appliances.  Hard floor throughout for excellent durability.  This property is only available if purchased in a package of properties with total purchase price of $300,000 or more.  HOA fee is $55 per month and includes lawn service.

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:950.00
Investor Expenses:
  • None
  • Other - See Description

  • Total Monthly Approximate Investor Expenses (excluding taxes and insurance): 0.00
    Approximate Annual Taxes: 600.00
    Approximate Annual Insurance: 800.00


    Investment Calculations:
    Monthly Revenue: 950
    Monthly Expenses:
    Taxes: 50
    Insurance 66.67
    Other Expenses:
    Total Monthly Expenses: 116.67
    Approximate Net Income before debt service: 833.33
    20% Down Payment: 16000
    Monthly Mortgage Payment (4.5% interest, 15 year amortization): 489.6
    Monthly Cash Flow: 343.74
    Annual Cash on Cash Return:25.78%
    Air Conditioning:Central
    Heating: Central
    Laundry: Washer/Dryer Hookups inside
    Included Appliances:
    • Refrigerator
    • Range
    Available Parking:
    • Carport
    Covered Parking Spaces: 1
    Number of Stories: 1
    Lease/Purchase Eligible?: Yes
    Available Utilities:
    • Municipal Water
    • Electricity