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

$250,000

For Sale - Active
5525 S Afton Pkwy, Baton Rouge, LA 70806
4 Beds
4 Baths
2,800 Square Feet
0.00 Acres Lot
Built in 1985
For Sale - Active
Units n/a
Checked: 8 hours ago
Updated: May 18, 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
$59
Cap Rate
6.0%
Cash-on-Cash Return
1.2%
Debt Coverage Ratio
1.05
Internal Rate of Return (5 years)
5.2%

Property Description


0.00 Acres Lot
Built in 1985
For Sale - Active
Units n/a

Huge home boasting 4 bedrooms, 2 full baths plus 2 half baths in the desirable Melrose Place subdivision on a spectacular 100'x175'. lot. Current owner has resided in this peaceful residence for the last 28 years. Beautiful oak trees provide shade and a comfortable, serene environment. Home is also equipped with a generator. Lots of parking here! 2 car carport plus additional carport area for boat storage. There are dogs on premises but will be removed for showings. Security cameras will remain with the property. Custom showing times will be 9:00 a.m. - 6:00 p.m. Seller requests a 24 hour notice to see the property due to the dogs. Seller is not able to do any repairs and house is being sold strictly as is. Measurements are approximate and not guaranteed by owner, broker, or listing agent.

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

  • Details: Covered, Carport, Driveway
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 12
  • # of Stories: 2

Exterior Features

  • Foundation: Slab
  • Roof Material: Shingle

Land Information

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

Lot Information

  • Parcel ID: 679585
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: French Provincial
  • Year Built: 1985

Tax Information

  • Annual Tax: $0

Utilities

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

Location

  • County: East Baton Rouge Parish

Listing Details


Listed by:
Maggie Mosby
WEICHERT, REALTORS - Prestige Homes
(504) 239-1549

Source:
Gulf South Real Estate Information Network
MLS#: 2496421
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
$59
Cap Rate
6.0%
Cash-on-Cash Return
1.2%
Debt Coverage Ratio
1.05
Internal Rate of Return (5 years)
5.2%

Purchase Details

Find an Agent

Purchase price:
$250,000
Amount financed:
-$200,000
Down payment:
$50,000
Closing costs:
$7,500
Rehab costs:
$0
Initial cash invested:
$57,500
Square feet:
2,800
Cost per square foot:
$89
Monthly rent per square foot:
$0.64

Financing Details

Find a Lender

Loan amount:
$200,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,183
Property tax:
$0
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,309

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (25%)
25%-$450-$5,400

Cash Flow


Monthly Yearly
Net operating income:
$1,242 $14,904
Mortgage payments:
-$1,183 -$14,196
Cash flow:
$59 $708