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$398,000

For Sale - Active
22 Davis Blvd, Jefferson, LA 70121
3 Beds
2 Baths
1,485 Square Feet
0.00 Acres Lot
Built in 2006
For Sale - Active
Units n/a
Checked: 5 hours ago
Updated: Aug 21, 2025 at 03:02AM

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
$49
Cap Rate
5.8%
Cash-on-Cash Return
0.6%
Debt Coverage Ratio
1.03
Internal Rate of Return (5 years)
4.6%

Property Description


0.00 Acres Lot
Built in 2006
For Sale - Active
Units n/a

ABSOLUTELY MINT, REBUILT IN 2006. HIGH CEILING, WOOD FLOORS, CROWN MOLDINGS, GRANITE AND STAINLESS. THIS HOME HAS IT ALL. ALSO A GREAT SCREENED PORCH FOR YOUR OUTSIDE ENTERTAINMENT. DETACHED GARAGE AND REAR YARD ACCESS. PARKIN FOR 6 CAR DRIVEWAY. PRIVACY FENCE ALL AROUND ALSO INCLUDES NEW ROOF, NEW FRONT GATE, ALL DUCTS ARE SUSPENDED IN ATTIC, SOLAR PANELS, FRESH PAINT ENTIRE HOME ALSO IN GARAGE AND SHELVES WERE ADDED. WHOLE HOUSE SECURITY AND VIDEO SYSTEM. NO FLOOD ZONE. ALL YOU DO IS MOVE IN. GREAT MAIN BEDROOM AND BEAUTIFUL BATHS INCLUDING A JACUZZI AND SEPARTE SHOWER. FIREPLACE IN GREAT ROOM. UTILITY SINK IN LAUNDRY ROOM X FLOOD ZONE ALSO FOR LEASE FOR 2800.00

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Location


Property Details


Parking

  • Description: Garage, OneSpace, Driveway
  • Details: Detached, Garage Door Opener
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

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

Interior Features

  • # of Rooms: 7
  • # of Stories: 1

Exterior Features

  • Foundation: Raised
  • Roof Material: Shingle

HOA

  • Association: NO

Land Information

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

Lot Information

  • Parcel ID: 0700000042
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Cottage
  • Year Built: 2006

Tax Information

  • Annual Tax: $0

Utilities

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

Location

  • County: Jefferson Parish

Listing Details


Listed by:
Sharon Kochera
Sharon D. Kochera
(504) 382-8000

Source:
Gulf South Real Estate Information Network
MLS#: 2508352
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
$49
Cap Rate
5.8%
Cash-on-Cash Return
0.6%
Debt Coverage Ratio
1.03
Internal Rate of Return (5 years)
4.6%

Purchase Details

Find an Agent

Purchase price:
$398,000
Amount financed:
-$318,400
Down payment:
$79,600
Closing costs:
$11,940
Rehab costs:
$0
Initial cash invested:
$91,540
Square feet:
1,485
Cost per square foot:
$268
Monthly rent per square foot:
$1.89

Financing Details

Find a Lender

Loan amount:
$318,400
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,883
Property tax:
$0
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,079

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: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$700-$8,400

Cash Flow


Monthly Yearly
Net operating income:
$1,932 $23,184
Mortgage payments:
-$1,883 -$22,596
Cash flow:
$49 $588