—Lawrence Yun, NAR Chief Economist
1221 Gittings Ave Investment Package.pdf
Estimated Annual NOI $7,908
Estimated Cap Rate 10.54%
Estimated Cash-on-Cash Return 17.99%
“If annual rent gains remain near 3.5 percent, rents will double in 20 years...”
—Lawrence Yun, NAR Chief Economist
“Some investors are eying college towns as good places to buy rental properties. Housing demand is usually high in such places, vacancy rates are low, and rental prices are on the rise, according to Move.Inc. …”
—MarketWatch
6501 Old Harford Rd Investment Package.pdf
Estimated Annual NOI $8,489
Estimated Cap Rate 11.32%
Estimated Cash-on-Cash Return 21.22%
“In addition to strong returns on rental property, investors can anticipate solid home appreciation over the long haul ... the metrics on home prices in relation to consumer prices imply a 14% undervaluation. The metrics on home prices in relation to rental rates imply a 20% undervaluation.”
—Lawrence Yun, NAR Chief Economist
7515 Knollwood Rd Investment Package.pdf
Estimated Annual NOI $16,516
Estimated Cap Rate 8.26%
Estimated Cash - on - Cash Return 8.46%
“U.S. home prices fell in nearly three-quarters of metropolitan areas in the third quarter and the national median price dropped 4.7%...”
—Alan Zibel, The Wall Street Journal
“Homes haven’t been this affordable since 1991.”
—Kiplinger.com
4360 Nicholas Ave Investment Package..pdf
Estimated Annual NOI $5,992
Estimated Cap Rate 11.76%
Estimated Cash - on - Cash Return 23.07%
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