Slidell, LA: This Bad Boy Cashflows $900 per month

Slidell, LA, 70460 view full address
For Sale
Listed at: October 10th, 2024
Price
$80,000
Sq. Footage
1173
Type
Single-Family
Parking
Driveway
Year build
1900
Lot size
0.29 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

This Bad Boy Cashflows $900 per month

 

Step right up!

This deal shines in DSCR terms, offering strong cash flow and returns. With a purchase price of $85,000 (By the way, we're only selling it for $80k) and a $17,000 down payment, the high-end rent of $1,810 generates a net monthly cash flow of $916.84. This results in a cash-on-cash return of 64.72% and an ROI of just 1.6 Years. Even at the low-end rent of $1,448, it still delivers a solid cash flow of $627.24, with a cash-on-cash return of 44.28% and an ROI of 2.3 Years.

ASKING PRICE: $80,000
BUY-IT-RIGHT-NOW PRICE: $85,000
HUD USER RENT: $1,810 
LTR: $1,448

CALL DIBS! CONTACT KURT AT 470-928-4701

 

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kurt Balmes

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Disposition manager