Description






This property is currently in turn key condition and has been well maintained by a single owner for the last 25 years.  It boost of recently upgraded kitchen, recent new windows and finished basement. However, the most astonishing feature it possess is its profits! It currently has a well qualified tenant of 3 years comfortably placed. Tenant exceeds rent requirements by far; and has no intentions on moving any time soon. Tenant currently pays $950



 





$29,000.00 
Closing cost $1,700.00 
Acqusition cost                                                                                                                                                           $30,700.00 
Income  $11,400.0
vacancy allowance $1,280.00 
Gross operating income $10,120.0 
Taxes $787.00 
insurance  $1,200.00 
maintainence $1700.00 
Management Fee $1,140.00         Optinal 
Net Operating income
 
 $5,293.00 
With out Property management 


$441 monthly cash flow w/ PM


$536 monthly cash flow w/o PM
POF needed to gain access 
$1500 EMD takes it out of rotation 


Jamal Legacy
c 410-802-8477
o 410-323-4808
Jamal.Legacy@gamail.com
LivingLegcayInvestment.com
Jamal@livinglegacyinvestment.com







 $6,433.00






Property Details

Property Status Expired
Location 1929 N Payson St, Baltimore, MD 21217, USA
Price $29,000
Estimated Repairs $2,000
Square Footage 1100.00
Sq Footage Source
# of Units
Property Management In Place
Seller Financing Available
Publish Date December 9th, 2015

Seller Information

Jamal Legacy

Member since December 2015


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Seller assumes all responsibility for the content of this listing.