Anacostia condo unit, cosmetic scope
Good Hope Rd SE · Historic Anacostia · Washington, DC 20020 · District of Columbia County
Exact address released to verified buyers with proof of funds on file.
Front elevation
1 / 6Asking price
$189,000
ARV range
$292K–$312K
Repairs
$42K–$51K
Discount to ARV
37.4%
Projected profit
$17,380
ROI
6.6%
Cap rate
5.4%
Cash-on-cash
1.1%
Risk flags and disclosures
Surfaced automatically from the listing data. Confirm every item during your own diligence.
HOA carrying cost
The $310 monthly fee is included in holding costs. Confirm the association allows investor resale.
- Monthly condo fee is $310 and includes water.
- Special assessment history is in the resale package.
Underwrite this deal
Every input is editable and every number recalculates instantly. Seller figures are pre-filled — replace them with your own assumptions.
Maximum allowable offer
$160,250
Asking price is $29K above your rule.
Total basis
$263,480
Selling costs
$21,140
Holding costs
$5,750
Contingency
$4,650
Net profit
$17,380
ROI
6.6%
Annualized ROI
15.8%
Break-even sale price
$283,312
Modeled projections for demonstration only. They are not an appraisal, a guarantee of returns, or investment advice.
Top-floor two-bedroom in a small self-managed association a short walk from the Anacostia Metro. Unit has been vacant for four months and needs a kitchen, bath, flooring and full paint. Association reserves are documented in the resale package.
Beds / baths
2 / 1
Square feet
880
Lot size
0 sqft
Year built
1964
Units
1
Occupancy
Vacant
Market rent
$2,050/mo
Taxes
$210/mo
Access
Seller-accompanied showings only
Highlights
- Walkable to Metro with owner-occupant resale demand
- Association resale package already assembled
- No structural or system work identified in scope
Known repairs
- Kitchen replacement
- Bathroom renovation
- LVP flooring throughout
- Paint and fixtures
Deal structure
Assignment of contract with a 21-day close. Exact unit number releases to verified buyers.