211 Topeka Street

Shreveport, LA

5 Bedrooms 2 Bathrooms
2000 Square Feet

For Sale

For Sale: $67,667.00

2 story duplex.  2 bedroom upstairs, 3 bedroom downstairs.  Property has been renovated in last 10 years, but is in need of another renovation at this point.  Upstairs is window units with central heat, downstairs is central heat and air.

211 Matterport Tour: https://my.matterport.com/show/?m=pKJsEMZd1Px

213 Matterport Tour: https://my.matterport.com/show/?m=bxPxbLT3YcP

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:1,050.00
Investor Expenses:
  • Lawn Maintenance

    • Total Monthly Approximate Investor Expenses (excluding taxes and insurance): 50.00
    Approximate Annual Taxes: 878.00
    Approximate Annual Insurance: 600.00


    Investment Calculations:
    Monthly Revenue: 1050
    Monthly Expenses:
    Taxes: 73.2
    Insurance 50
    Other Expenses: 50
    Total Monthly Expenses: 173.2
    Approximate Net Income before debt service: 876.8
    20% Down Payment: 13533.334
    Monthly Mortgage Payment (4.5% interest, 15 year amortization): 414.12
    Monthly Cash Flow: 462.68
    Annual Cash on Cash Return:41.03%
    Air Conditioning:Central
    Heating: Central
    Laundry: Washer/Dryer Hookups inside
    Included Appliances:
    • Refrigerator
    • Range
    Available Parking:
    • Carport
    • Driveway
    • Street Parking
    Covered Parking Spaces: 2
    Number of Stories: 1
    Lease/Purchase Eligible?: No
    Available Utilities:
    • Municipal Water
    • Natural Gas
    • Electricity