$549,000

Residential · MLS® A2269929
2Bedrooms
4Bathrooms
1,849Sq Ft
2Garage
2004Year Built
02 / Overview

PROPERTY OVERVIEW

Very unique reverse floor plan!! Kitchen and living room on the upper level and bedrooms on the main. Due to unforeseen circumstances the interior repaint was started but never completed. Excellent opportunity for the new owner to build instant equity by completing the painting and doing some minor finishing. The large second level kitchen has a walk in pantry and comes complete with appliances and has a 11' 9" X 9' 0" covered balcony for enjoyment. For...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,849 sq ft
Lot Size3,810 sq ft
ZoningDC (pre 1P2007)
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Parking Pad
ExteriorBalcony
BasementFull
Year Built2004
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$678After mortgage & expenses
Cap Rate6.0%Based on market rents
Cash on Cash Return7.4%With 20% down payment
Est. Monthly Rent$3,336Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MCKENZIE TOWNE

Strong Investment
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Investment Score80/100
Avg Home Price$457K
Active Listings45
Listed by Dennis Shandruk · RE/MAX Realty Professionals