Baltimore Remington / Hampden Rental Assessment

[Brian Pham]

I am looking at a single family row home in Baltimore (21211) and just used the Rental Property Calculator.

Can anyone give me some feedback to see if I am missing anything?

A few specific notes/comments:

• We have $50k cash, so we're considering doing a hard money loan to minimize out of pocket costs so we can maybe buy 2-3 properties to rehab, refi, hold....is this unrealistic with $50k cash and credit cards for rehab costs?
• We have one person interested in living in the property to help manage day-to-day while renting other 2 rooms -- their rent will likely be discounted
• We would do a light rehab ourselves