Baltimore Market analysis
I have been analyzing Baltimore market for long term cash flow investment. Here are the community and zip code I am analyzing:
Evergreen-21210
Keswick – 21210
Brewers Hill- 21224
Dickeyville East Arlington Original Northwood
Hampden - 21211
Lauraville-21214
Ridgely’s Delight - 21230
Ten Hills -21229
Upper Fells Point - 21231
"Bayview Eastwood Greenmount West -21224
Heritage Crossing -21201
Kenilworth Park 21212
Woodbourne Heights- 21239
"Belair-Edison - 21213, 21206
Saint Helena - 21224, 21222
Anybody has suggestion about which community/zip code from above where I will have better shot at getting houses below 100k for buy and hold properties for long term cash flow investment?
Will I be feasible to get rent ready properties below 100k (minimum 3 bed and 1 bath) in above zip codes which can produce cash flow after taking out mortgage, interest, insurance, maintenance cost, property management fee, capex (5% of rent),?
OR I should look for something cheaper around 50k OR so fix up before renting it?
Thanks.
Mohammed.