Four bedroom house Baltimore Highlands, Baltimore County, Maryland, USA 4 Bed Townhouse £44,921 | €49,995 | $54,900 Request a Currency Exchange Quote Here

This huge four bedroom house is amazing value at $54,900...

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Off Street Parking

Lifestyle features

Suburban, Town
Property Description ID:35891298

 

This large four bedroom single family home is located in the nice neighbourhood of Mosher. The property is only five minutes and only 1.6 miles from Gwynns Falls Park. The property has $10,000 included in the purchase price to make it rental ready, the management company have new tenants who are waiting to move into the property, they will be paying $1,100 per month. The property also has a one month rental guarantee while the tenant is being placed, you will be paid this on the day of closing. The property is under management by a great local company.

Mosher is a neighborhood in the western part of Baltimore, In Mosher there are a lot of parks and most of the residents tend to be retired. The property is next to Gwynns Falls Park the second largest woodland park in the United States consisting of over 1000 acres, this is by far Baltimore’s most extensive park, stretching from the western city line along the valley of the Gwynns Falls

Investment Details

Purchase price: 54,900

Gross annual rental income: $13,200

Property running costs: $2,188
(Tax, insurance and management costs)

Net annual rental income: $11,012

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 20%

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