Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Photo
Photo
Photo
Photo
See all photos

$145,000

Sale Pending
4690 Gibbens Payne Ave, Baker, LA 70714
3 Beds
1 Bath
1,209 Square Feet
0.34 Acres Lot
Built in 1979
Sale Pending
Units n/a
Checked: 19 hours ago
Updated: May 29, 2025 at 03:08AM

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
$134
Cap Rate
7.4%
Cash-on-Cash Return
4.8%
Debt Coverage Ratio
1.18
Internal Rate of Return (5 years)
8.7%

Property Description


0.34 Acres Lot
Built in 1979
Sale Pending
Units n/a

3BR BRICK HOME IN BAKER. NICE SIZE CORNER LOT. FENCED YARD, NICE SIZE LIVING ROOM AND BEDROOM, BONUS ROOM COULD BE WHATEVER YOU LIKE… THIS PLACE COULD BE GREAT INVESTMENT PROPERTY TINY HOME IN BACKYARD HAS 2BR,1BA

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Garage Spaces: 0
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 1.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Foundation: Slab

Land Information

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

Lot Information

  • Parcel ID: 1563734
  • Lot Size: 14810 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1979

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Window Unit(s)

Location

  • County: East Baton Rouge Parish

Listing Details


Listed by:
Leta Bowers
Casa Real Estate LLC
(225) 610-7661

Source:
Greater Baton Rouge Association of REALTORS
MLS#: 2025003757
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
$134
Cap Rate
7.4%
Cash-on-Cash Return
4.8%
Debt Coverage Ratio
1.18
Internal Rate of Return (5 years)
8.7%

Purchase Details

Find an Agent

Purchase price:
$145,000
Amount financed:
-$116,000
Down payment:
$29,000
Closing costs:
$4,350
Rehab costs:
$0
Initial cash invested:
$33,350
Square feet:
1,209
Cost per square foot:
$120
Monthly rent per square foot:
$1.08

Financing Details

Find a Lender

Loan amount:
$116,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.890%
Principal & interest:
$763
Property tax:
$0
Insurance:
$91
Private mortgage insurance (PMI):
$0
Monthly payment:
$854

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,300 $15,600
Vacancy loss: (6%)
6% -$78 -$936
Operating income:
$1,222 $14,664

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$91-$1,092
Property management: (8%)
8%-$104-$1,248
Repairs & maintenance: (5%)
5%-$65-$780
Capital expenditures: (5%)
5%-$65-$780
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$325-$3,900

Cash Flow


Monthly Yearly
Net operating income:
$897 $10,764
Mortgage payments:
-$763 -$9,156
Cash flow:
$134 $1,608