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Archived almost 5 years ago

$55,000

5+ bd ba 1100 sqft

1912 W Lexington St, Baltimore, MD 21223

Residential SFR

Current Rent **

$2,300

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Medium

We Guareentee $1200 per month after purchase

1912 W. LEXINGTON ST - We Guarantee $1200 per month After purchase

Price Only $55k !!!!

1912 W Lexington StBaltimore, MD 21223
5 Br 2.5 Bth 1100 sqft

Finished Basement
New Hvac unit /Central Air
Updated Electrical All updated PVC pipes
Totally Gutted in 2008 with all permits
Excellent ROI !!!!!

Amazing 5 bd Rooming House

Annual Property Operating Data (APOD) Below
Fully Occupied gross= $2,300

Monthly income $ 2,300 x 12= 28,800
Gross annual Income $28,800 - Vacancy allowance $3,600= $ 25,200 NET

Expenses Annual

Taxes $800
Insurance $800
Maintence $700
Water $1800
WiFi $950
Electricity $2750
------------------------------------------------------
Net Operating Income $ 17,400.00
Net Operating Income Monthly $1,450.00
Number of years to pay off 3.87
Return On Investment 26%

Property Management Available
http://livinglegacypm.com
Tenant Placement
Project Management and Rehab

$1,500 EMD to take off market
Buyer Pays all Closing Cost
POF required before viewing
*Information provided based on estimates. Investors do your own due diligence regarding estimates for precise accuracy.*

Call to schedule showing Jamal 410-656-8000

Location:

1912 W Lexington St, Baltimore, MD 21223

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.