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
Copied
Photo
Photo
Photo
Photo
See all photos

$99,900

For Sale - Active
4854 Pontchartrain Dr Apt 12, Slidell, LA 70458
2 Beds
2 Baths
995 Square Feet
0.00 Acres Lot
Built in 1982
For Sale - Active
17 Units
Checked: 13 hours ago
Updated: May 09, 2025 at 01:18AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes and HOA fees are missing—these are standard expenses and should be considered in your estimate.

Monthly Cash Flow
$442
Cap Rate
11.6%
Cash-on-Cash Return
23.1%
Debt Coverage Ratio
1.84
Internal Rate of Return (5 years)
26.6%

Property Description


0.00 Acres Lot
Built in 1982
For Sale - Active
17 Units

Fantastic waterfront condo in The Moorings COA, in Slidell, LA! Enjoy your views from this 2BR, 1.5BA unit! Half bath downstairs. 2 Bedrooms and full bath located upstairs. Features recently updated floors, kitchen with granite counters, pantry, open living/dining area makes great for entertaining! Gated-Inground pool is located just outside the front door! Cozy back patio, and just steps from waterfront.

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

  • Description: ParkingLot, TwoSpaces
  • Details: Parking Lot
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 1
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 2

Exterior Features

  • Foundation: Slab
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: The Moorings
  • Additional HOA Fee: $507

Land Information

  • Land Use: Residential
  • Land Use Subtype: Townhouse

Lot Information

  • Parcel ID: 127156
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: Traditional
  • Year Built: 1982

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: St. Tammany Parish

Listing Details


Listed by:
Amanda Miller
Amanda Miller Realty, LLC
(504) 302-4610

Source:
Gulf South Real Estate Information Network
MLS#: 2466185
Gulf South Real Estate Information Network

Investment Summary


Potential Missing Expenses

We noticed that property taxes and HOA fees are missing—these are standard expenses and should be considered in your estimate.

Monthly Cash Flow
$442
Cap Rate
11.6%
Cash-on-Cash Return
23.1%
Debt Coverage Ratio
1.84
Internal Rate of Return (5 years)
26.6%

Purchase Details

Find an Agent

Purchase price:
$99,900
Amount financed:
-$79,920
Down payment:
$19,980
Closing costs:
$2,997
Rehab costs:
$0
Initial cash invested:
$22,977
Square feet:
995
Cost per square foot:
$100
Monthly rent per square foot:
$1.41

Financing Details

Find a Lender

Loan amount:
$79,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.850%
Principal & interest:
$524
Property tax:
$0
Insurance:
$98
Private mortgage insurance (PMI):
$0
Monthly payment:
$622

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,400 $16,800
Vacancy loss: (6%)
6% -$84 -$1,008
Operating income:
$1,316 $15,792

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$98-$1,176
Property management: (8%)
8%-$112-$1,344
Repairs & maintenance: (5%)
5%-$70-$840
Capital expenditures: (5%)
5%-$70-$840
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$350-$4,200

Cash Flow


Monthly Yearly
Net operating income:
$966 $11,592
Mortgage payments:
-$524 -$6,288
Cash flow:
$442 $5,304