Colossal Cash Flow!!!! Preferred optimum income strategy

[Jamal L.]

Look what Santa put right under your nose for the Holidays!!!!

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2102 HOMEWOOD AVE. Baltimore MD, 21218 5BR 1BTH 2400 SQFT ONLY $30K OR $12K DOWN & $375 PER MONTH NEEDS PLUMBING UPGRADES AND COSMETICS ONLY !!! GREAT FOR ROOMING HOUSE GENERATE $3.5K A MONTH

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Buy and Hold Return is so attractive $30k + $20k repairs + Closing cost $2.5k = $52.5k Total Acquisition 7 Room Rental @ $3,850 mth Gross income 46,200.00 Vacancy allowance -5,775.00 Gross Operating income 40,425.00 Expenses Annually Taxes - $800 Insurance - $850 Maintenance -$1,000 Electricity -$2,400 Property Manage (PM) -$4,500 Annual expenses ($9,550) Gross Operating Income $40,425.00 Annual Expenses -$9,550 Net Operating income(NOI) $30,875 NOI = 26% ROI Total expense paid for in 3.9 Years! 31% W/O PM Disclaimer: Please do your own due diligence. House is being sold as-is, and buyer is to pay all closing costs. We need Proof Of Funds before scheduling a viewing. Price is based on a cash or hard money offer. All properties offered are either owned by Living Legacy Property Management L.L.C, under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require a $1,500 non-refundable earnest deposit and 14 day close of escrow. We respond immediately to an offer. Equal Opportunity Housing.

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