Great off market BUY & HOLD Condos in Edgewood, MD

[Ellis Agurs]

Hello Everyone!

Property Address: 800 Windstream Way Edgewood, MD

Repairs needed: None

Description: Add this one to your rental portfolio! Great BUY and HOLD!!! 1260sqft 3BDRM 1.5BTH condo with Garage!!! NEW HVAC system w/ 5yr warranty recently installed! New washer/dryer combo, stove and carpeting! Like new refrigerator. Unit is currently rented. Convenient location off Rt. 40 near shops, stores & restaurants with easy access to 95. 

Photos:

https://flic.kr/s/aHskCjBtAK

Rent Range: $ 950 - $1100

Asking Price: $38,500

The numbers:

Purchase Price: $38,500

$5,659.20 Net Rental Income Per Yr (See break down)

= 14.7% Cash on Cash return

Current Rent - $1,050.00

Taxes $34.58

Insurance $27.00

Maintenance

& vacancy $262.50

Condo fee $160.00

Net Income per month $565.92

Net income per year $5,659.20

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Property Address: 1719 Fountain Rock Way Edgewood, MD

Repairs needed: None

Description: Add this TURNKEY rental to your portfolio! Great BUY and HOLD!!! 780sqft 2BDRM 1BTH condo with Garage!!! Recently upgraded HVAC system. Convenient location off Rt. 40 near shops, stores & restaurants with easy access to 95. 

Photos:

https://flic.kr/s/aHskyfp6PC

Rent Range: $ 700 - 900

Asking Price: $33,500

The numbers:

Purchase Price: $33,500

$4,616.64 Net Rental Income Per Yr (See break down)

= 13.8% Cash on Cash return

Current Rent - $800.00

Taxes $31.45

Insurance $23.83

Maintenance

& vacancy $200.00

Condo fee $160.00

Net Income per month $384.72

Net income per year $4,616.64