Great off market BUY & HOLD 2/1 Condo w/ Garage in Edgewood, MD!!

[Ellis Agurs]

Repairs needed: None

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

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