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2621 Trichel St 🏷️ Likely Rental
B+ Composite 78.2
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +3.8/10.0
  • Livability +3.6/5.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$45,000

2621 Trichel St · Bossier City, LA 71112
2 bd · 1.0 ba · 805 sqft · SingleFamily public records · 6 Days on market
Built 1955 7,187 sqft lot Est $61k · 26% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Bossier City 2 bed 1 bath. This property has been a rental that has previously provided $775 in rental income per month. This is a wonderful opportunity for any owner, occupant, or buyer looking for additions to their rental portfolio. This is part of a large portfolio. Please see the agent for details.

Key facts

  • 7,187 sq ft lot
  • Built 1955
  • Listed 6 days

Property features AI

Finance

  • Financial info: Treat as clear loan type; No second mortgage
  • HOA & community: No association

Exterior

  • Parking: 2 covered parking spaces; Open parking
  • Utilities: City sewer; City water; No municipal utility district
  • Home design: Single family residence; Residential property; Preowned (built 1955)
  • Construction: Built in 1955
  • Exterior features: Covered porch(es); Lot under 0.5 acre (approximately 0.165 acre)

Interior

  • Kitchen: Other appliances
  • Bedrooms: 2 bedrooms (primary bedroom on main level)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Ceiling fan(s)
  • Interior features: One-level home; 1 living area; 1 dining area; Washer hookup; Other interior features
  • Laundry & utility: Washer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $45,000 price doesn't fit this home's estimated sale value (~$61,180) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $45k.

Deal economics

  • At list price, monthly cash flow is $709 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $45k).
  • Cap rate 25.2% vs local median 4.7% in Bossier City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 71/100 on livability (#47 in LA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
  • Bossier Parish (urban): math 40% / reading 47% proficiency, ranked #17 of 98 in LA (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Central Park Elementary School (math 15% / reading 21%, grade F, #472 of 646 statewide, top 74%, 461 students, 88% FRL); Rusheon Middle School (math 7% / reading 13%, grade F, #199 of 218 statewide, top 92%, 600 students, 86% FRL); Bossier High School (math 12% / reading 27%, grade F, #186 of 265 statewide, top 73%, 719 students, 85% FRL) — zoned schools average 86% FRL vs 41% district-wide (45 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 16% at this address vs 44% district-wide (-28 pts) — the specific schools serving this property underperform the Bossier Parish average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising (+3.6%/yr); 147 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $311 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • Bossier County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.6% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 66% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $45,000

Questions for the listing agent

  1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
2.75%
Cap rate
25.21%
Cash-on-cash
67.54%
DSCR
4.01
GRM
3.0

CMA / ARV

ARV (on-the-fly)
$61,180
Comps found
7
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2650 Hoyer St 0.06mi 2/1.0 850 (+6%) 12mo $69,900 $82 78
2464 Barbara 0.24mi 2/1.0 850 (+6%) 8mo $24,900 $29 72
732 Edgar St 0.26mi 2/1.0 854 (+6%) 10mo $75,000 $88 69
2531 Evans St 0.47mi 2/1.0 860 (+7%) 3mo $55,000 $64 64
2324 Walnut St 0.40mi 2/1.0 834 (+4%) 17mo $59,000 $71 61
1230 Beverly St 0.49mi 3/1.0 (+1) 851 (+6%) 18mo $65,000 $76 48
1341 Mark Ave 0.67mi 2/1.0 920 (+14%) 23mo $131,370 $143 26

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.6% rent growth · sell at horizon

5-year hold
IRR
67.5%
Equity multiple
4.07×
Total profit
$38,624
Equity at exit
$6,710
10-year hold
IRR
71.9%
Equity multiple
8.53×
Total profit
$94,897
Equity at exit
$3,891

Cash invested: $12,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Louisiana
90 Strongly Landlord-Friendly · R+12
County
— inherits STATE
City
— inherits STATE
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

ZIP-level market 71112

Rents YoY
3.6%
Active inventory
147
Price-to-rent
3.0×

Monthly cashflow live

Estimated rent
$1,240 high interval (Pro) →
Mortgage (P&I)
$236
Tax from tax record
$15 /mo · $184/yr
Insurance
$19
HOA
$0
Vacancy / Maint / Mgmt
$260
Net cashflow
$709

Break-even live

Break-even rent $342
Max offer price $45,000
Occupancy floor 38%

Sensitivity live

Price -10% $735 -5% $722 +0% $709 +5% $696 +10% $684
Rent -10% $611 -5% $660 +0% $709 +5% $758 +10% $807
Rate -1.0pp $732 -0.5pp $721 base $709 +0.5pp $698 +1.0pp $686

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$11,250
Closing costs
$1,350
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 21 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1148 Dudley Ln Bossier City, LA 3.0 1.0 1013 $925 $0.91 15d 1 0.61mi
3204 McGregor St Bossier City, LA 3.0 1.0 1093 $1,350 $1.24 45d 1 0.61mi
1120 Margaret St Bossier City, LA 2.0 1.0 950 $1,200 $1.26 22d 1 0.69mi
2201 Naples St Bossier City, LA 2.0 1.0 759 $775 $1.02 45d 1 0.71mi
2248 Loreco St Bossier City, LA 3.0 2.0 1073 $1,400 $1.30 45d 1 0.95mi
1535 River Parkway Blvd Shreveport, LA 1.0–3.0 1.0–2.0 928 $1,740 $1.88 15d 10 0.99mi
400 John Wesley Blvd Bossier City, LA 2.0 1.5 935 $842 $0.90 15d 2 1.01mi
1301 Coates Bluff Dr Shreveport, LA 1.0–2.0 1.0–2.0 1004 $2,300 $2.29 15d 11 1.01mi
2903 Weyman St Shreveport, LA 1.0–2.0 1.0 800 $950 $1.19 15d 6 1.05mi
305 Orleans St Bossier City, LA 2.0 1.5 1021 $1,000 $0.98 22d 1 1.09mi
1416 Williamsburg Dr Bossier City, LA 2.0 2.0 960 $1,200 $1.25 15d 1 1.10mi
205 Royal St Bossier City, LA 2.0 1.5 1100 $1,100 $1.00 45d 1 1.14mi
1301 Williamsburg Dr Bossier City, LA 1.0–3.0 1.0–2.0 1025 $1,455 $1.42 15d 28 1.16mi
1302 Williamsburg Dr Bossier City, LA 1.0–3.0 1.0–2.0 1050 $1,498 $1.43 22d 14 1.17mi
3131 Knight St Shreveport, LA 1.0–2.0 1.0–2.0 866 $985 $1.14 15d 11 1.22mi
3115 Oliver St Bossier City, LA 3.0 1.5 1067 $1,400 $1.31 15d 1 1.26mi
100 Crossroads Blvd Bossier City, LA 1.0–2.0 1.0–2.0 858 $1,299 $1.51 45d 1 1.35mi
3215 Knight St Shreveport, LA 1.0–2.0 1.0–2.0 862 $1,065 $1.24 15d 7 1.37mi
3201 Knight St Shreveport, LA 1.0–2.0 1.0 781 $900 $1.15 15d 3 1.39mi
400 Preston Blvd Bossier City, LA 1.0 1.0 706 $870 $1.23 45d 1 1.46mi
818 E Washington St Shreveport, LA 3.0 1.0 1100 $1,300 $1.18 22d 1 1.49mi

Listing history 5 events

  1. 2026-06-21
    days on market $45,000 Active 6 DOM
  2. 2026-06-18
    days on market $45,000 Active 3 DOM
  3. 2026-06-17
    days on market $45,000 Active 2 DOM
  4. 2026-06-15
    remarks 304-char remark
  5. 2026-06-15
    listed $45,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

Current annual tax
$184 · $15/mo
Projected year-2 tax
$247 · $21/mo
Expected delta
+$63/yr (+$5/mo · 34.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 66% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$14,875
− Mortgage interest
−$2,521
− Property taxes
−$184
− Insurance
−$225
− Repairs & maintenance
−$1,190
− Management
−$1,190
− Depreciation
−$1,309
Taxable income
$8,256
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,981
After-tax cash flow
$6,529/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Bossier Parish
NCES district ID
2200270
Math proficiency
40% ▼ -32.00%
Reading proficiency
47% ▼ -28.00%
Median HH income
$51,326
Composite
37.5/100
National rank
#4402
State rank
#17 of 98 in LA

Livability — Bossier City

Score
71/100
State rank
#47
US rank
#7044

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment D+ Housing A+ Health & safety A- User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bossier City, LA
County
Bossier Parish · 98,704 people
City population
91,925
Metro
Shreveport-Bossier City, LA
Population (ZIP)
33,587
Household income
$61,760
Rent vs Own
39.0% rent · 61.0% own
Severe rent burden
1391.0

Population outlook (Bossier County) Hauer SSP2

Today (2025)
143,247 people
By 2030
151,802 · +6.0%
By 2040
168,194 · +17.4%
By 2050
183,533 · +28.1%
By 2075
217,009 · +51.5%
By 2100
230,091 · +60.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
White 59% Black 24% Hispanic / Latino 12% Two or more races 8% Asian 2%
Hispanic origin (detail)
Mexican 9%
Common ancestry
Lithuanian 2% Slovak 1% Scottish 1%
Foreign-born
5% · Canada, Vietnam
Languages at home
89% English-only · Spanish 7% Other Indo-European 1% Tagalog/Filipino 1%

Political lean MEDSL · Bossier

2024 margin
Solid R (+43.3) · D 27.7% · R 71.0% · Other 1.3%
2008→2024 swing
+0.3pp no change · 2008: -43.7pp · 2024: -43.3pp
All cycles
2024: R+43.3 2020: R+41.0 2016: R+45.8 2012: R+45.4 2008: R+43.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -77.48%
Current HPI
127.9821
Rent YoY
▲ 3.60%
Metro
Shreveport-Bossier City, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

-93.5% since first listed
10 events — show timeline
  • 2026-06-01 Listed $45,000 NTREIS
  • 2026-03-06 Rental Removed $775 TENANTTURNER2
  • 2026-02-17 Listed for Rent $775 TENANTTURNER2
  • 2025-10-25 Rental Removed $695 TENANTTURNER2
  • 2025-10-09 Price Changed $695 TENANTTURNER2
  • 2025-10-01 Price Changed $795 TENANTTURNER2
  • 2025-09-10 Listed for Rent $850 TENANTTURNER2
  • 2024-09-30 Sold (Public Records) $694,000 Public Records
  • 2007-01-09 Sold (Public Records) Public Records
  • 2004-05-19 Sold (Public Records) Public Records

Property tax history

+0.1%/yr

Latest (2025): $184 · -1.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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