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Updated about 8 years ago,

User Stats

37
Posts
10
Votes
Tim Evans
  • Investor
  • Washington, DC
10
Votes |
37
Posts

Who would you do?

Tim Evans
  • Investor
  • Washington, DC
Posted

Which of these two investments would you choose for buy and hold? It would be a simple cash sale.

https://www.redfin.com/MD/Capitol-Heights/311-69th-Pl-20743/home/11002975

https://www.redfin.com/MD/Capitol-Heights/818-Kayak-Ave-20743/home/11000844

311 69th, $94k, 2 bed, 2 bath, 1408 sf, 5000 sf lot, built 1965, 0.7 mile to metro, Low Crime

818 Kayak, $78k, 3 bed, 2 bath, 1384 sf, 8000 sf lot, built 1937, 1 mile to metro, Med Crime

Zillow says both rent for $1700/month. Let's say they take $20k to make rentable. Both have room for a driveway or expand with a detached garage, but not big enough to subdivide. Crime is from Trulia.

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