$29,900
4524 Mary Ellen Circle, Bossier City, LA 71111
Current Rent **
$700
Projected Rent **
N/A
Estimated Rent †
Estimated Rent Confidence ‡
High
Opportunity! Excellent flip, rental | Louisiana
4524 Mary Ellen Circle Bossier City LA 71111
Price $29,900
Bedrooms: 2
Baths: 1
Layout: single family
Sq Footage: 1,123
Acres: 0.14
Annual Real Estate Taxes: $121
Water: city
Sewer: city
heater: gas
Single Family that is a Great fixer upper opportunity! This will make an excellent flip, rental, or residence with renovations. See pictures for more details.
Call me to visit my house at 210-216-2067
If you are a real estate investor looking to buy and hold this property then below is some analysis:
Purchase Price: $29,900
Estimated Repairs to get highest rents: $35,000
Transfer Tax: $0
Closing Costs (sale): $449
Buyer's initial investment: $65,348
+ Monthly Rental Income: $700
- Vacancy Reserve: $70
- Monthly Real Estate Taxes: $10
- HOA Fees: $0
- Insurance: $60
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $70
= Net Monthly Operating Income: $490
Your Annual cash return: 9.0%
Call me to visit my house: 210-216-2067
Location:
4524 Mary Ellen Circle, Bossier City, LA 71111
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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