BALTIMORE SUBURBS!! HOWARD PARK EQUITY GOLDMINE!!!

[Paris Wilson]

3613 Howard Park Ave is a Single family located in Howard Park, MD, in Baltimore City County. The median price for this area is 195000. This 1,456 square foot house sits on a 8,146 square foot lot and features 4 bd, 1.5 ba. This property sits next to two currently rehabbed homes that were purchase for over $220k. Excellent neighbors and neighborhood. Quiet and quaint. Please provide POF to complete closing and $2500 EMD at time of contract. You may contact me for additional info and Property Summary. Asking $75k OBO.. Continued success to all. [email protected].

Additional photos:

https://drive.google.com/folderview?id=0B5VWOpqjhZ...

PURCHASE/REHAB ASSUMPTIONS
% of ARV 59%
After-Repair Value (ARV)	210,000.00
Purchase Price (Offer Price)	75,000.00	35.71%
Rehab Costs	45,000.00	21.43%
Total Holding and Closing Costs	3,000.00	1.43%
Total Financing Costs	0.00	0.00%
Total Project Cost Basis	123,000.00	58.57%
Total Amount Financed	0.00
Total Cash Commited	123,000.00

PROJECTED RESULTS
Projected Resale Price	200,000.00
Projected Cost of Sale	12,000.00
Flip Profit	65,000.00
ROI	52.85%
Annualized ROI	126.83%
Timeline Assumptions
Time to Complete Rehab	3 Months
Time to Complete Sale	2 Month
Total Time	5 Month