Investment Property Details

6415 98th Avenue



General Info


Address: 6415 98th Ave, Lanham, MD 20706
Year Built: 1963
Sq Feet: 1544
Bedrooms: 5
Bathrooms: 3
Highlights:
   ‣ Located in the desirable neighborhood of Lanham, Prince George’s County.
   ‣ Completely renovated, with new kitchen, bathrooms, floors and landscaping.
   ‣ Has an active lease through 2022, with a monthly rent of $2500.
Property URL: click here


Expenses


HOA: $0
Property Management: $200.00 / month
Insurance: $78.91 / month
Property Tax: $378.68 / month
Upkeep: $166.67 / month (estimate)


Revenue


Rent: $2500 / month
Home Appreciation: $ 1500 / month (estimate)


Investment Options


ROI Type Float/Fix Annual ROI (estimate) Monthly ROI (estimate)
Option A: Rental Float 5.64% 0.470%
Home Value Float 5.00% 0.417%
Option B: Rental Fix 4.00% 0.333%
Home Value Float 5.00% 0.417%
Option C: Rental Fix 7.00% 0.583%
Home Value Fix 0.00% 0.000%