BUY this 3 bed 1 bath located just blocks from Johns Hopkins Hospital. This house is in fair condition but could use some work was recently rented tenants just moved out. BUY this deal TODAY update bathroom & kitchen, paint, carpet, and some new windows. And this property is ready to be rented. Add this to your portfolio and gain a positive CASHFLOW while riding the wave of appreciation that's hitting East Baltimore Right Now!!!!!! Call TODAY and see anytime.<br /><br />Projected Buy & Hold Analysis:<br /><br />$28k (Sales Price)<br />$20k (Repairs)<br />$48k (Hard Money Loan not including points)<br />Refi @ 80% of Max LTV of $90k www.slavie.com<br />New Loan Amount - $72,000.00<br />Cash in your pocket - $19,680.00 (after closing cost)<br /><br />Rent - $1000 a/mo <br />Mortgage Payment - $450.28 a/mo<br />Taxes - $62.27 a/mo<br />Ins. - $35.00 a/mo<br />Expenses - $547.55 a/mo<br />Positive Cashflow - $452.45 a/mo<br /><br />Recent Comps:<br /><br />2137 Chase SOLD 70K 3/12/08<br />2306 Ashland SOLD 120k 4/16/08<br />737 Chester SOLD 85k 11/13/07<br />509 Patterson Park SOLD 99k 7/3/08<br />721 Port SOLD 99.9k 3/17/08<br />841 Montford UC 77.5k
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