Off Market Deal in Baltimore 2 for the price of one! Net over 10k

[Jamal L.]

2025 & 2027 Division St. 21217

Steal Of A Price $46k for both!

Two Cash Flowing properties side by side with tenants in place.

2027 is currently collecting $1,230.00 per month with receipts to support.

2025 is currently collecting $700.00 per month with receipts to support as well.

Heres the kicker tenants want to stay as they have called this home for 9yrs!

Both properties have new roofs, new windows, new furnaces with receipts to support!

Great Return on Investment.

Buyer pays closing cost

POF needed to View

$2.5k EMD Puts a Muzzle on these Puppies 

1st Property 2025 Division st.

Property address & Zipcode	Date	Purchase amount	Closing cost	Total cost
2025 Division st 21217	3/15/16	$23,000.00	$2,500.00	$25,500.00
Intrest rate
Number of months	12	24	60	96	120	180	240
Monthly Rental Income	Gross Scheduled Income	Vacancy Allowance	Gross Operating income
$700.00	$8,400.00	$700.00	$7,700.00
Expenses	Annual	Monthly
Mortgage
Taxes	$1,334.00	$111.17
Insurance	$800.00	$66.67
Maintainence	$700.00	$58.33
Alarm system
Water	$-
Lawn/ Snow
Trash removal
Advertising
Licenses	$35.00	$2.92
Legal fees (evictions)	$60.00	$5.00
Cable
Electricity	$-
Property Management
Total Expenses	$2,929.00	$244.08
Net Operating Income	$4,771.00	$4,771.00
Net Operating Income Monthly	$397.58
Number of years to pay off	5.34
Return On Investment	19%

 2nd Property 2027 Division st. 

Property address & Zipcode	Date	Purchase amount	Closing cost	Total  cost
2027 Division st 21217	3/15/16	$23,000.00	$2,500.00	$25,500.00
Intrest rate
Number of months	12	24	60	96	120	180	240
Monthly Rental Income	Gross Scheduled Income	Vacancy Allowance	Gross Operating income
$1,230.00	$14,760.00	$1,230.00	$13,530.00
Expenses	Annual	Monthly
Mortgage
Taxes	$1,334.00	$111.17
Insurance	$800.00	$66.67
Maintainence	$700.00	$58.33
Alarm system
Water	$1,000.00	$83.33
Lawn/ Snow
Trash removal
Advertising
Licenses	$35.00	$2.92
Legal fees (evictions)	$60.00	$5.00
Cable
Electricity	$3,600.00	$300.00
Property Management
Total Expenses	$7,529.00	$627.42
Net Operating Income	$6,001.00	$6,001.00
Net Operating Income Monthly	$500.08
Number of years to pay off	4.25
Return On Investment	24%