$55,000
1912 W Lexington St, Baltimore, MD 21223
Current Rent **
$2,300
Projected Rent **
N/A
Estimated Rent †
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
Report Abuse
* 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.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!