" SEXY TOWN HOME FOR SALE"
Investor · Gwynn Oak, MD · Member since 2010 · 115 posts · 10 votes
5510 Force Rd is a townhouse in Baltimore, MD 21206. This 1,088 square foot townhouse sits on a 5,691 square foot lot and features 3 bedrooms & 1.5 bathroom. This property was built in 1957. New roof, A/C unit, updated electrical, great neighborhood. Asking $60k, $20k est. repair, ARV $135k, 59%LTV. POF and $2500 EMD at time of contract. Viewing by Appt ONLY. Must be able to close within 7 business days. CASH ONLY!!
| PURCHASE/REHAB ASSUMPTIONS | ||
|---|---|---|
| 59% of ARV | ||
| After-Repair Value (ARV) | 140,000.00 | |
| Purchase Price (Offer Price) | 60,000.00 | 42.86% |
| Rehab Costs | 20,000.00 | 14.29% |
| Total Holding and Closing Costs | 3,000.00 | 2.14% |
| Total Financing Costs | 0.00 | 0.00% |
| Total Project Cost Basis | 83,000.00 | 59.29% |
| Total Amount Financed | 0.00 | |
| Total Cash Commited | 83,000.00 |
| PROJECTED RESULTS | |
|---|---|
| Projected Resale Price | 135,000.00 |
| Projected Cost of Sale | 8,100.00 |
| Flip Profit | 43,900.00 |
| ROI | 52.89% |
| Annualized ROI | 211.57% |
| Timeline Assumptions | |
| Time to Complete Rehab | 1 Month |
| Time to Complete Sale | 2 Month |
| Total Time | 3 Month |
Property Details for 5510 Force Road
Interior Features-
Unit Information
- # of Units: 1
- Fireplace Information
- Fireplace Type: Yes
- Cooling Information
- Cooling Type: Has Cooling
- Heating Information
- Heat Type: Steam
- Bathroom Information
- # of Baths (Total): 1
- # of Full Baths: 1
Parking / Garage, Exterior Features, Taxes / Assessments
-
Parking / Garage Information
- Primary Garage Type: Yes
- Parking Type: Garage
- Exterior Information
- Roof Type: BuiltUp (Layered Asphalt)
- Structural Style: Townhouse
- Exterior Material: Brick
- Construction Quality (1-Lowest, 10-Highest): 4
- Building Type: Miscellaneous
- Assessor Information
- Year of Last Land Appraisal: 2014
Property / Lot Details
-
Property Value Information
- Improvements Market Value: $71
- Lot Information
- Primary Lot Number: 25
- Lot Size (Sq. Ft.): 5,691
- Lot Depth Ft.: 114
- Front Property Width: 49
- Property Information
- Property Legal Description: 49-11X114-2
- Building/Structure Sq.Ft.: 1,088
- Total number of Stories: 2
- Total Sq. Ft. of All Structures: 1,088
- Total Sq. Ft. of All Structures Description: Living Area
- Total Finished Sq. Ft. of All Buildings on Property:1,088
- Total Assessor Sq. Ft. of Buildings: 1,088
- Ground Floor Sq. Ft.: 544
- # of Structures on Property: 1
Public Records for 5510 Force Road
Taxable Value
| Land | $30,000 |
| Additions | $75,900 |
| Total | $105,900 |
Basic Info
| Beds | — |
| Baths | 1 |
| Floors | 2 |
| Year Built | 1957 |
| Year Renovated | — |
| Style | Townhouse |
| Finished Sq. Ft. | 1,088 |
| Unfinished Sq. Ft. | — |
| Total Sq. Ft. | 1,088 |
| Lot Size | 5,691 |
APN6048025
County Data RefreshedMar 30, 2016