Amazing Sub-2 Opportunity - SFH Deal in Bowie MD!!!

Prince George's County, Bowie, MD, 20716
Sold
Listed at: June 30th, 2021
Price
$400,000
ARV
$420,000
Gross Margin
$20,000
Sq. Footage
1638
Type
Single-Family
Parking
Attached Garage
Year build
1977
Lot size
0.36 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Amazing Subject-2 Deal.


Get into this opportunity with almost NO MONEY out of pocket. Will make a great Buy and Hold in booming PG County, MD where the Federal government is adding tons of jobs!


Take over Existing 30 Year Mortgage at 2.5% interest rate.

Monthly Payments are $1300/month. (16 Years Left To Pay)


Rent After Light Reno: $2700/month


As of June 16, 2021

30 Year Loan Balance: 370, 673.40

Amount to Catch Loan Up: 4,278.08


Cash on Cash Return: 30%+


Offer Deadline: July 10 at 12pm EST.



Closing on or before July 30, 2021




Additional information please contact:


Roger Martin (240) 370-6933


This property is under contract with DCFP Investments LLC. You will need to sign DCFP Investment's assignment contract to purchase the property. All information provided regarding the property is proprietary to DCFP Investments LLC. Please perform your own due diligence. You are strictly prohibited from contacting the seller(s) directly. Contacting the seller(s) will be considered intentional interference and may result in legal action being taken against you.
Videos

3906 Norwalk Place, Bowie, MD

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nicole Mitchell

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Disposition manager