Gorgeous! off market 2 Story house Covington, LA Great Location
Real Estate Proposal
Property: 342 Penn Mill Lakes Blvd Covington, LA 70435
incomepropertysolution.com
Demetrius Brown on behalf of
Demetrius Investments LLC
504-535-5815 corporate office
Property Description
This Gorgeous 2 Story Single-Family House Is selling for a price of only $189,999 all cash, act fast!(504) 535-5815
Description of House:The address of this BEAUTIFUL 2 Story Single-Family Home is 342 Penn Mill Lakes Blvd, Covington, LA 70435. The House is 4 Beds, 3 Baths 2,228 sf. 2 story home with a 2 Car Garage,and was built in 2010. The land is Front Footage 78 SF, and Dept. 127 SF. Which gives it a Huge yard! And inside laundry.Opportunity to own this spacious house with a multiple car driveway.Never Flooded! Great French Style home, beautiful landscaping, and water front view. Carpet, ceramic tile, and ceiling fans throughout, with open floor plan. Master bedroom has two walk in closets. Wood burning/gas fire place. Kitchen includes dark cherry cabinets, granite counter tops, stainless oven/range, microwave, dishwasher, & refrigerator (fridge stays with house) Community Pool, and Bike trails. Multiple opportunities to have it all to yourself, or rent it out and sit back and collect massive rent! Hurry, don't let this one getaway!
- Description of Neighborhood: LOCATION, LOCATION, LOCATION! For the surrounding community of Covington, LA 70435,with walking and bike trails to the community pool and volleyball courts and several lakes to fish in! Moreover the nearby schools are Great! and include Covington High School, Pine View Middle School and Covington Elementary School.CALL NOW!!! (504) 535-5815
The Numbers
After repair value (ARV): $251,765.00
Asking Price: $189,999
Repairs: $6,750
__________
Profit: $55,016.00
Average Rents Per Unit $1,745/ Month
Comps
1) 2220 Darlene Dr, Covington, LA 70435 3 Beds/2 Baths 2,309 SQ FT Sold $270,505 11/17/17.
2)16060 Lake Ramsey RD Covington, LA 70435 4 Beds/2 Baths 1,960 SQ FT Sold $209,000 2/20/18.
Affordability
Payment Calculator
$1,228
Month
Principal & Interest$859
Property Tax $116
Home Insurance $83
HOA Fees $38
Mortgage Insurance$131
Home Price $189,999
Down Payment ($)10,000
5(%)
Mortgage Loan Type
30-Year Fixed 30-Year Fixed FHA 30-Year Fixed VA 20-Year Fixed 15-Year Fixed 10-Year Fixed 7/1 ARM 5/1 ARM
30-Year Fixed
Interest Rate 4(%)
DEMETRIUS BROWN
Demetrius Investments LLC
incomepropertysolution.com
(504) 535-5815 Office(504) 305-4412 Fax
(727) 564-6560 Mobile