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$335,000

For Sale - Active
12045 Rotterdam Ave, Geismar, LA 70734
4 Beds
2 Baths
1,848 Square Feet
0.17 Acres Lot
Built in 2017
For Sale - Active
Units n/a
Checked: 12 hours ago
Updated: Jul 31, 2025 at 03:24AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
$96
Cap Rate
6.0%
Cash-on-Cash Return
1.5%
Debt Coverage Ratio
1.06
Internal Rate of Return (5 years)
5.5%

Property Description


0.17 Acres Lot
Built in 2017
For Sale - Active
Units n/a

SELLER IS OFFERING $5,000 TOWARD THE BUYER’S CLOSING COSTS! LOCATED NEAR DESIRABLE DUTCHTOWN SCHOOLS! Welcome to Dutchtown Meadows! This 4-bedroom, 2-bathroom home with an office has a smart layout that works great for everyday living and entertaining. You'll love the wood floors, cozy fireplace, and stylish kitchen with stainless steel appliances, granite countertops, and a modern gray backsplash. The main bedroom is set apart from the others for extra privacy. It feels like a retreat with its large soaking tub, custom shower, and double sinks. Upstairs, there's a bonus room that you can use as a playroom, gym, guest space, or anything else you need. Outside, the covered patio with a ceiling fan is perfect for relaxing on hot Louisiana days. The home also includes a built-in bench near the mudroom, a small office nook, and plenty of storage throughout. This home is just minutes from Dutchtown schools, parks, shopping, and has quick access to I-10. You’ll also enjoy community perks like a pool and neighborhood lake all with low HOA fees. *Home is priced below neighborhood comps. *Seller is offering $5,000 to help with your closing costs. *You may qualify for 100% financing and/or down payment assistance. *Great location with desirable schools and community features. This one checks all the boxes. Schedule your showing today!!

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Location


Property Details


Parking

  • Description: 2 Cars Park, Garage
  • Details: Garage
  • Garage Spaces: 0
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Slab
  • Pool Community: Yes

HOA

  • Has HOA: Yes
  • HOA Fee: $525/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 020036160
  • Lot Size: 7474 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2017

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Location

  • County: Ascension Parish

Listing Details


Listed by:
Terrica Matthews
Premier Property and Consulting Group, LLC
(225) 921-1511

Source:
Greater Baton Rouge Association of REALTORS
MLS#: 2024020838
Greater Baton Rouge Association of REALTORS

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
$96
Cap Rate
6.0%
Cash-on-Cash Return
1.5%
Debt Coverage Ratio
1.06
Internal Rate of Return (5 years)
5.5%

Purchase Details

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Purchase price:
$335,000
Amount financed:
-$268,000
Down payment:
$67,000
Closing costs:
$10,050
Rehab costs:
$0
Initial cash invested:
$77,050
Square feet:
1,848
Cost per square foot:
$181
Monthly rent per square foot:
$1.35

Financing Details

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Loan amount:
$268,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,585
Property tax:
$0
Insurance:
$175
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,760

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,500 $30,000
Vacancy loss: (6%)
6% -$150 -$1,800
Operating income:
$2,350 $28,200

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$175-$2,100
Property management: (8%)
8%-$200-$2,400
Repairs & maintenance: (5%)
5%-$125-$1,500
Capital expenditures: (5%)
5%-$125-$1,500
HOA fees: (2%)
2%-$44-$528
Total operating expenses: (27%)
27%-$669-$8,028

Cash Flow


Monthly Yearly
Net operating income:
$1,681 $20,172
Mortgage payments:
-$1,585 -$19,020
Cash flow:
$96 $1,152