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$484,000

For Sale - Active
210 E Augusta Ln, Slidell, LA 70458
4 Beds
4 Baths
2,830 Square Feet
0.00 Acres Lot
Built in 2003
For Sale - Active
Units n/a
Checked: 7 hours ago
Updated: Sep 02, 2025 at 06:31PM

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
-$406
Cap Rate
4.7%
Cash-on-Cash Return
-4.4%
Debt Coverage Ratio
0.82
Internal Rate of Return (5 years)
-0.2%

Property Description


0.00 Acres Lot
Built in 2003
For Sale - Active
Units n/a

Custom Built Home Located in the Upscale “Masters Point of Oak Harbor Gated Golf Course Community”. Oversized Lot (almost 1/2 Acre) that backs up to the Levee for added Privacy, has view of Pond across the street along with 11th Hole. Great Family Home with 3 Bedrooms, Bonus Room with Full Bath Up that could be 4th Bedroom or Mother in Law Suite. Additional Office, wonderful for working at Home. Open Airy Floor Plan with Great Lighting, 12 Ft Ceilings and Crown Molding throughout Living Areas, Den Features Fireplace with Built In Book Cases and TV Mount above Fireplace. Kitchen Feature lots of Cabinetry, Granite Counters with Eat at Bar, Wine Refrigerator, Wine Rack and Mount for Television Viewing in the Kitchen along with Stainless Appliances. This Home is also equipped with 3 AC Units! 3 1/2, 2 1/2 and a 1 1/2 Ton! And as Extra Incentive…there is an Oasis of a Backyard! Step out back to an Inground Pool, Hot Tub, Beautiful Landscaping along with an Outside Bar…this Home is Great for Entertaining! Make your Appt to View Today, This is a Must See Property!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached, Garage
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 9
  • # of Stories: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Slab
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: Masters Point
  • HOA Fee: $580/annually

Land Information

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

Lot Information

  • Parcel ID: 125804
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2003

Tax Information

  • Annual Tax: $0

Utilities

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

Location

  • County: St. Tammany Parish

Listing Details


Listed by:
Sandra Rousselle
1 Percent Lists
(504) 228-3474

Source:
Gulf South Real Estate Information Network
MLS#: 2516416
Gulf South Real Estate Information Network

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
-$406
Cap Rate
4.7%
Cash-on-Cash Return
-4.4%
Debt Coverage Ratio
0.82
Internal Rate of Return (5 years)
-0.2%

Purchase Details

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Purchase price:
$484,000
Amount financed:
-$387,200
Down payment:
$96,800
Closing costs:
$14,520
Rehab costs:
$0
Initial cash invested:
$111,320
Square feet:
2,830
Cost per square foot:
$171
Monthly rent per square foot:
$0.99

Financing Details

Find a Lender

Loan amount:
$387,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,290
Property tax:
$0
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,486

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (2%)
2%-$48-$576
Total operating expenses: (27%)
27%-$748-$8,976

Cash Flow


Monthly Yearly
Net operating income:
$1,884 $22,608
Mortgage payments:
-$2,290 -$27,480
Cash flow:
$406 $4,872