Duplex with garage apartment behind. Garage apartment and upstairs duplex apartment have both been renovated since 2015. 210 college has long standing tenants, and as a result has not been renovated, but the apartment is in generally good condition.
210 College Street
Shreveport, LA
5 Bedrooms 3 Bathrooms
2400 Square Feet
For Sale
For Sale: $169,900.00
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:1,943.00
Investor Expenses:Utilities - Water
Lawn Maintenance
Total Monthly Approximate Investor Expenses (excluding taxes and insurance): 25.00
Approximate Annual Taxes: 1,200.00
Approximate Annual Insurance: 650.00
3D Interactive Tours of the Units:
(All Units may not have a 3D tour available)208 College
212 College
Investment Calculations:
Monthly Revenue: 1943
Monthly Expenses:
Taxes: 100
Insurance 54.17
Other Expenses: 25
Total Monthly Expenses: 179.17
Approximate Net Income before debt service: 1763.83
20% Down Payment: 33980
Monthly Mortgage Payment (4.5% interest, 15 year amortization): 1039.78
Monthly Cash Flow: 724.05
Annual Cash on Cash Return:25.57%
Total Rent:1,943.00
Investor Expenses:
Total Monthly Approximate Investor Expenses (excluding taxes and insurance): 25.00
Approximate Annual Taxes: 1,200.00
Approximate Annual Insurance: 650.00
3D Interactive Tours of the Units:
(All Units may not have a 3D tour available)
Investment Calculations:
Monthly Revenue: 1943
Monthly Expenses:
Taxes: 100
Insurance 54.17
Other Expenses: 25
Total Monthly Expenses: 179.17
Approximate Net Income before debt service: 1763.83
20% Down Payment: 33980
Monthly Mortgage Payment (4.5% interest, 15 year amortization): 1039.78
Monthly Cash Flow: 724.05
Annual Cash on Cash Return:25.57%
Air Conditioning:Window Unit
Heating: Space Heater - Gas
Laundry: Washer/Dryer Hookups inside
Included Appliances:
Number of Stories: 2
Lease/Purchase Eligible?: No
Available Utilities:
Heating: Space Heater - Gas
Laundry: Washer/Dryer Hookups inside
Included Appliances:
- Refrigerator
- Range
- Driveway
- Street Parking
Number of Stories: 2
Lease/Purchase Eligible?: No
Available Utilities:
- Municipal Water
- Natural Gas
- Electricity