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favorite this post $29900 / 1125ft2 - Opportunity! Excellent flip, rental or residence with renovations! (Bossier City) hide this posting unhide

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4524 Mary Ellen Circle

(google map)

1125ft2

house

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 show contact info

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: show contact info
  • do NOT contact me with unsolicited services or offers

post id: 6915215152

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