3 units in Baltimore

Description

THE NUMBERS:
Purchase Price 265,000.00
Rehab Cost 12,000.00
Closing and Holding cost 9,000.00
Total Project Cost Basis 286,000.00
Total Cash Committed 286,000.00
Projected After-Repair Appraisal Loan at Completion of Project 390,000.00
RESULTS
Original Investment Tied up in Deal 286,000.00
Sweat Equity at End of Rehab 109,000.00
Monthly Cashflow (Pretax) 2,290.00
Cash-on-Cash Return (10.0% )

Map