Baltimore Maryland Wholesale Deal

[Mooro El]

I'm posting a deal for a buddy of mine in Baltimore City. It's one of the really good neighborhoods. (I can say that because I actually live in that zip code. 21239.) It's a couple blocks away from Morgan State University. It sounds like a really awesome deal to me.

For a rental, it would be approximately a 2% rule deal.

For a flip, it would be about $30k profit after the flip.

Asking price is $75k obo.

Repairs are around $35k.

ARV in the area is $147k.

Rents in the area are between $1400-$1600.

The property is a 4 bd, 1.5 ba, 3 floors. 1280 sq ft.

Recent Comps:

1913 Hillenwood Rd - 157k

1931 Swansea Rd - 141.9k

1604 Winford Rd - 155k

1920 Hillenwood Rd - 130k

For pictures go to: http://postlets.com/s/hillenwood-rd-baltimore-md-21239/10546617?tab=description

For viewing instructions contact:

Javon Dixon

(443) 574-5878

Get this deal while it lasts!! :)

[Dawn Anastasi]

1400/110,000 = 1.27% not 2%