210 College Street

Shreveport, LA

5 Bedrooms 3 Bathrooms
2400 Square Feet

For Sale

For Sale: $134,900.00

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.

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.

kmay@maycorealestate.com
http://www.MaycoRealEstate.com
318-218-0123


INVESTOR INFORMATION:

Total Rent:1,650.00
Investor Expenses:
  • Utilities - Water
  • Lawn Maintenance

  • Total Monthly Approximate Investor Expenses (excluding taxes and insurance): 95.00
    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: 1650
    Monthly Expenses:
    Taxes: 100
    Insurance 54.17
    Other Expenses: 95
    Total Monthly Expenses: 249.17
    Approximate Net Income before debt service: 1400.83
    20% Down Payment: 26980
    Monthly Mortgage Payment (4.5% interest, 15 year amortization): 825.58
    Monthly Cash Flow: 575.25
    Annual Cash on Cash Return:25.59%
    Air Conditioning:Window Unit
    Heating: Space Heater - Gas
    Laundry: Washer/Dryer Hookups inside
    Included Appliances:
    • Refrigerator
    • Range
    Available Parking:
    • Driveway
    • Street Parking
    Covered Parking Spaces: 0
    Number of Stories: 2
    Lease/Purchase Eligible?: No
    Available Utilities:
    • Municipal Water
    • Natural Gas
    • Electricity