Buy and holds for sale: 3bd/1ba rentals available - $1,500/m rent

[Account Closed]

I have a number of single-family homes available for sale in Baltimore MD market. Houses near major points of interest: Parks, zoo, golf course, stadiums/arena. Will rehab, place tenants, and manage property. Typical rental income $1,500/mo. Comps sell for $120K or more for townhouse style homes.

2713 Riggs Ave, Baltimore, MD 21216

3br/2ba

Income Analysis:

Listing Price: $75,500

Total monthly projected rental income: $1,500

Estimate Annual Taxes: $300

Estimated Annual Insurance: $840

Estimated Annual Maintenance Costs: $1,500

** This estimate is based on any potential repairs the property may need over the course of a year. In our experience, this number is typically lower, but we always estimate on the high side.

Annual Property Management: $1,800

**The fee is 10% of the monthly rent.

Annual Net Rental Income: $18,000

Annual Cumulative Hard Costs: $4,440

Adjusted Gross Annual Income: $13,560

5 Year Return: $67,800

10 Year Return: $135,600