204 S Augusta Ave, Baltimore, MD 21229
Details: Updated, legal triplex with great cash flow potential! 5 Bedrooms/ 2 Bathrooms, with projected rental income of $2,500 / month!
- Unit 1 is a 1/1 and rent ready ($850/month) with qualified applicants *Pictures above*. Completely move in ready.
- Unit 2 is a 2/1 and is currently rented for $850/month to a great tenant.
- Unit 3 is a 2/1 and will be ready for rent in 1 week. Expected rent is $900 per month. New cabinets, countertops, and floors throughout since walk through video! Needs refrigerator, stove to be completely move in ready.
Deal Economics:
Purchase price: $164,500
Financed (20% down, 30 year loan, 5% interest)= $908.12 monthly payment
$2,700/ month rent
=$1,791.88 cash flow per month