New Townhomes at Elkridge

[Trilok Minna]

Hello Friends,

Here is one investment option for you to consider, if you plan to have one investment home in USA to backup your social security. These are new townhomes that are getting built by Ryan homes. So no need to worry about any major repairs for about 20 years. They are building in Elkridge, Hanover and Glen Burnie. The closing assistance they provide vary a bit in all three places.

The smallest town-home model has an are of 1425 square foot. The rent you get for this townhome is $2000 per month. The monthly costs comes about $1700 (if you go with 20% downpayment). The property taxes and insurance are little off than what the sales rep quoted in this attachment, but the interest rate for investment is currently at 4% (historic low for investment interest rate).

I am able to provide 1.5 points back in closing out of 2.5 points agent commission. If you are interested, let me know.

Thanks.

Trilok Minna
Sales Associate/Realtor
C: 240-581-0188
http://www.kw.com/kw/agent/trilokminna
Keller Williams Integrity
3290 North Ridge Road, Suite 150
Ellicott City, MD 21043
P:443-574-1600
F:443-574-1696