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Updated over 4 years ago,

User Stats

8
Posts
2
Votes
Dominique Ellis
  • New to Real Estate
  • Glen Burnie, MD
2
Votes |
8
Posts

Your opinion on this deal?

Dominique Ellis
  • New to Real Estate
  • Glen Burnie, MD
Posted

Hey guys! After analyzing deal after deal in the Maryland market, I finally found a potential deal. Let me know what you think and would you take this deal???

Purchase Price: 70k

Down Payment + Closing: 19K

Mortgage: 56K

Interest: 5%

Vacancy, Maint, Cap Ex, Insurance, Taxes, P&I: $635

Rental Income: $850

Cash Flow after expenses: $215

ROI: 14.05

Would love to hear everyone’s opinions as I continue to learn!

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