• BC
  • front
  • IMG_6219
  • 1.5Bedrooms
  • 3Bathrooms

Total Portfolio Property Value: $888,000 
Total Portfolio Debt: $547,000 
Total Monthly Gross Rent: $12,696.00
Total Annual Gross Rent: $152,352.00
Property Management (8%):  $ $12,188.16
Maintenance: $7,617.60
Property Taxes: $15,936
Annual NOI Rent: $116,610.24
Cap Rate: 13.1%

10 property portfolio in Baltimore City. The portfolio is worth $750,000 leveraged at @62% LTV. I am selling my 50% share for $195,000. All the properties are recently renovated, licensed, lead certified, and have paying tenants in place. The portfolio is professionally managed and the co-owner is an experienced investor who knows Baltimore well. NOI is $4,000 per month –

  • Backyard
  • brick
  • Heating
  • HOA
  • HVAC
  • Updated baths
  • updated electrical/plumbing
  • Updated Kitchen
  • Vinyl Windows