630 E Patapsco Ave, Brooklyn, MD 21225

Renter-to-Owner AdvantagenSwap every rent check for equityyour payment stays the same.nnEstimated Mortgage (5% down on $131K @ 6.5% 30 yr):nnLoan: $124,450 P&I $785 / monnTaxes ( $1,100 / yr): $92 / monnInsurance ( $800 / yr): $67 / monnTotal PITI $944 / mo vs. $1,300 rent $356 / mo savingsnnYear 1 Equity Build:nnPrincipal Pay-down: $1,300nn3% Market Appreciation: $3,930nnTotal Wealth Gain: $5,230nnRent Credit Option: Apply the current tenants $1,300/month lease toward your mortgage or down payment.nnEnjoy 3 bedrooms, a private rear yard, updated kitchen, hardwood floors and a walkable Brooklyn block near schools, parks and commuter routes. At $131,000, this is where affordability meets long-term wealth building.nnUnlock a solid brick rowhome at $131,000 with a month-to-month tenant paying $1,300 / mo and rental comps at $1,400$1,600 / mo.nnGross Annual Rent (current):nn$1,300 12 = $15,600nnYield: 15,600 / 131,000 11.9%nnPro Forma with $1,500 / mo rents:nn$1,500 12 = $18,000 Yield 13.7%nnExpenses (est. 40% of gross rent):nnCurrent rent: 15,600 0.40 = $6,240 / yrnnNOI: 15,600 6,240 = $9,360 / yr Cap Rate: 9,360 / 131,000 7.1%nnWith $1,500/mo: NOI 10,800 Cap Rate 8.2%nnDebt Service & Cash-on-Cash (75% LTV @ 6.5% 30 yr):nnLoan: $98,250 P&I $621 / mo $7,452 / yrnnAnnual Cash Flow: 9,360 7,452 = $1,908 CoC 5.8%nnFresh paint, new flooring, modern fixtures and a low-maintenance brick exterior keep upfront cap-ex minimal. No HOA, low taxes, plus on-street parking. Minutes to transit