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Off-Market
Baltimore, MD 21223, USA
List price
$56,000
Single family house




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· from aerial to streetside.
Story
APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL
🏢 FOR SALE: Baltimore BRRRR/Rental Opportunity 🏢
DEAL OVERVIEW
📍 Asset: 2109 W Lexington St, Baltimore, MD 21223
🛠️ Strategy: Acquire a permitted & framed shell, complete a straightforward renovation to create a stabilized 2-Bed, 1.5-Bath rental.
💰 Acquisition Price: $56,000
FINANCIALS AT A GLANCE
Estimated Renovation Budget: $53,500
Total Project Cost (All-In): $109,500
PROJECTED PERFORMANCE & RETURNS 📊
Scenario 1: All-Cash Investment (Unleveraged)
(The true, unleveraged return of the asset)
Gross Annual Rent:17,400(1,450/mo)
Net Operating Income (NOI): $9,570 (at a conservative 45% OpEx)
CAP Rate (Your All-Cash Return): 8.75% ✅
Scenario 2: Standard Investor Financing (Leveraged)
(Shows how to amplify returns and reduce cash outlay)
Total Cash Required to Close: ~$33,000
Annual Net Cash Flow (after debt): $3,352
Cash-on-Cash (CoC) Return: 10.1% 🔥
KEY DEAL BENEFITS ⭐
Deep Discount: Acquire at a significant discount due to the previous owner's errors.
Heavy Lifting Done: The new roof and framing are complete, saving you time and headaches.
Data-Backed Returns: ARV and rental analysis are based on recent, verified MLS comps.
Exceptional Returns: This deal delivers an 8.75% CAP Rate for cash buyers and a projected 10.1% Cash-on-Cash Return for financed investors, exceeding our market's performance benchmarks.
Call to Action
This is a clean, data-backed opportunity ready for a quick closing. All financial projections are based on verified comps and conservative cost estimates. We encourage all parties to perform their own due diligence.
Cash Buyers: Contact me directly for access to the property & assignment.
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Property details
2 details the seller has shared
Property
· The bones — what the buyer sees first
Property type
Single family house
History & terms
· Past sales, updates, and deal mechanics
Reason for sale
Other
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