ARV
Seller's estimated After Repaired Value (ARV). Your ARV will depend on your plans for the property. Always do your own due diligence. Then make an offer.
$140,000Price
Seller's asking price. Your negotiation starts here. Make an offer. You may get a counter-offer to start negotiations. Make enough offers and you'll get some accepted.
$91,000Repairs
Seller's repair estimate. Your repair budget will depend on your experience and on your plans for the property. Always best to visit the property to finalize your numbers. Then make an offer.
$15,000
A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value.
-Comps
Comps are similar homes that have recently sold close to the subject property. Make sure to compare differences in size, condition, and features.
- --Rent Zestimate©
A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.
- / Month
Subject Property and Comparables
# | Address | Beds/Baths | Sq. ft. | Last Sale Date | Last Sale Price |
---|
Description
TERMS:
PURCHASE PRICE – $91K
PAYMENTS – $600
INTEREST: 0%
BALLOON: 4yrs
Market Rent – $1200-1,400
Potential Cash Flow – $500 – $700/mo
Brand new HVAC
Repairs: 80% done needs 10k-15k to complete.
$14,500 Cash to Close + Closing Costs via Seller Financing. No Banks Needed. Only Need Down Payment to Close!
20% Cash on Cash Return
COMPS:
1216 N LONGWOOD ST, BALTIMORE, MD 21216 $136,500 Sold on 04/17/20
3248 NORMOUNT AVE, BALTIMORE, MD 21216 $145,000 Sold on 05/15/20
Address: 3017 Belmont Ave, Baltimore, MD 21216, USA
City: Baltimore
Area: Rosemont
State/County: Maryland
Zip: 21216
Country: United States
Open In Google Maps Property Id : 32376
Price: $ 91,000 140000
Property Size: 1 614,00 ft2
Rooms: 7
Bedrooms: 3
Bathrooms: 2
Repairs Estimate?: 15000
After Repaired Value: 140000
If Rented, Monthly Rent?: 1300
NOI (Net Operating Income): 600

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