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Updated over 8 years ago,

User Stats

115
Posts
10
Votes
Paris Wilson
  • Investor
  • Gwynn Oak, MD
10
Votes |
115
Posts

" SEXY TOWN HOME FOR SALE"

Paris Wilson
  • Investor
  • Gwynn Oak, MD
Posted

5510 Force Rd is a townhouse in Baltimore, MD 21206. This 1,088 square foot townhouse sits on a 5,691 square foot lot and features 3 bedrooms & 1.5 bathroom. This property was built in 1957. New roof, A/C unit, updated electrical, great neighborhood. Asking $60k, $20k est. repair, ARV $135k, 59%LTV. POF and $2500 EMD at time of contract. Viewing by Appt ONLY. Must be able to close within 7 business days. CASH ONLY!!

PURCHASE/REHAB ASSUMPTIONS
59% of ARV 
After-Repair Value (ARV) 140,000.00
Purchase Price (Offer Price) 60,000.00 42.86%
Rehab Costs 20,000.00 14.29%
Total Holding and Closing Costs 3,000.00 2.14%
Total Financing Costs 0.00 0.00%
Total Project Cost Basis 83,000.00 59.29%
Total Amount Financed 0.00
Total Cash Commited 83,000.00
PROJECTED RESULTS
Projected Resale Price 135,000.00
Projected Cost of Sale 8,100.00
Flip Profit 43,900.00
ROI 52.89%
Annualized ROI 211.57%
Timeline Assumptions
Time to Complete Rehab 1 Month
Time to Complete Sale 2 Month 
Total Time 3 Month 

Property Details for 5510 Force Road

Interior Features
    Unit Information
  • # of Units: 1
    Fireplace Information
  • Fireplace Type: Yes
    Cooling Information
  • Cooling Type: Has Cooling
    Heating Information
  • Heat Type: Steam
    Bathroom Information
  • # of Baths (Total): 1
  • # of Full Baths: 1

Parking / Garage, Exterior Features, Taxes / Assessments

    Parking / Garage Information
  • Primary Garage Type: Yes
  • Parking Type: Garage
    Exterior Information
  • Roof Type: BuiltUp (Layered Asphalt)
  • Structural Style: Townhouse
  • Exterior Material: Brick
  • Construction Quality (1-Lowest, 10-Highest): 4
  • Building Type: Miscellaneous
    Assessor Information
  • Year of Last Land Appraisal: 2014

Property / Lot Details

    Property Value Information
  • Improvements Market Value: $71
    Lot Information
  • Primary Lot Number: 25
  • Lot Size (Sq. Ft.): 5,691
  • Lot Depth Ft.: 114
  • Front Property Width: 49
    Property Information
  • Property Legal Description: 49-11X114-2
  • Building/Structure Sq.Ft.: 1,088
  • Total number of Stories: 2
  • Total Sq. Ft. of All Structures: 1,088
  • Total Sq. Ft. of All Structures Description: Living Area
  • Total Finished Sq. Ft. of All Buildings on Property:1,088
  • Total Assessor Sq. Ft. of Buildings: 1,088
  • Ground Floor Sq. Ft.: 544
  • # of Structures on Property: 1

Public Records for 5510 Force Road

Taxable Value

Land $30,000
Additions $75,900
Total $105,900
Taxes (2015)$2,499

Basic Info

Beds
Baths 1
Floors 2
Year Built 1957
Year Renovated
Style Townhouse
Finished Sq. Ft. 1,088
Unfinished Sq. Ft.
Total Sq. Ft. 1,088
Lot Size 5,691
CountyBaltimore City

APN6048025

County Data RefreshedMar 30, 2016

Offering

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