Looking for First Rental Property Deal Baltimore County,MD 21207

[Moises Perez]

Hey Guys

This is my analysis of a Rent ready Single Family House for Sale in this zip code: 21207.  Can you guys give me Feed back about this. Thanks in advance.

SFH for sale : 3 Bed,2 Full Bath -$100,000.00 ( Baltimore County 21207)

ZILLOW VALUE : 120,000.00

Average Rent : 1,600(I called 4 similar Properties Same Area for Rent -Realtor.com)

I am planning on buying using my own cash and then use Fannie Mae-Delayed Financing Exception to recycle (3 to 4 weeks)my money and repeat.

Mortgage Loan PI :   30 years 4.6%            $ 513.00

Property Tax  :                                               $ 209.00

Insurance:                                                       $  28.00

Total :                                                              $ 750.00

Utilities/landscaping Paid by Tenants and Major Repairs by Landlord.

Cash Flow  :  $ 1,600- $ 750=   $ 850./m

Thanks again for all your inputs.