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Updated about 10 years ago,
how much is a good price for an investor??
C area in Baltimore (lower income, working class) 3 bed 1 bath super close to hospital . updated windows, roof, hvac (forced air/no ac), plumbing, electric, all in good shape. lead cert in place. refinished wood floors throughout (low maintenance), unfinished basement. qualified tenant in place paying 900+
-taxes 1500 annual (assessed value 65000),
-insurance 4-600,
-water 100 a month avg, (can be passed to tenant)
-prop mgmt 90 a month (10 percent?),
-repairs 75 a month
HOW MUCH IS THIS PROPERTY WORTH TO AN INVESTOR??