CashFlowRE
Sign in Sign up
6011 Emerson St #616
B- Composite 68.92
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +21.5/30.0
  • ARV discount +10.6/15.0
  • 1% rule +10.0/10.0
  • Appreciation +10.0/10.0
  • DSCR +6.9/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.7/10.0

$75,000

6011 Emerson St #616 · Bladensburg, MD 20710
2 bd · 1.0 ba · 882 sqft · Condo public records · 128 Days on market
Built 1966 $85/sqft · 7% below area Est $81k · 7% under $608/mo HOA · 37% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

POST AUCTION - Make an offer, buy it now!Deposit: $7,500. This one-story condo unit is located in the Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as the Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, and +/- 8 miles to Downtown Washington DC. This property is occupied. The area provides easy access to a major traffic artery, Route 295.

Key facts

  • $608 HOA
  • Built 1966
  • Listed 128 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $75k.

Deal economics

  • At list price, monthly cash flow is $113 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $75k).
  • Recommended offer: $66k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 64/100 on livability (#277 in MD) — a middle-class / working-renter tenant base. Strengths: housing A, health & safety A; Watch: employment C-, cost of living C-, amenities D.
  • Prince George'S County Public Schools (suburban): math 8% / reading 24% proficiency, ranked #21 of 24 in MD (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: 20 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $8k of equity ($519 loan paydown + $8k appreciation (10.0% local appreciation)).
  • Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 128 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 20y ago; this cycle's ask is 88% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $26k; list at $75k implies a 188% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 37% of rent.
  • Climate carrying-cost: extreme-heat days projected 7→13/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $66,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
2.16%
Cap rate
8.10%
Cash-on-cash
6.46%
DSCR
1.29
GRM
3.9

CMA / ARV

ARV (median comp)
$80,600
List price
$75,000
Delta
-6.95%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
29.2%
Equity multiple
3.31×
Total profit
$48,473
Equity at exit
$67,566
10-year hold
IRR
25.5%
Equity multiple
7.57×
Total profit
$137,924
Equity at exit
$145,709

Cash invested: $21,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
27 Tenant-Leaning
State Maryland
27 Tenant-Leaning · D+14
County
— inherits STATE
City
— inherits STATE
Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

ZIP-level market 20710

Home prices YoY
4.8%
Active inventory
20
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$1,622 high interval (Pro) →
Mortgage (P&I)
$393
Tax from tax record
$136 /mo · $1,634/yr
Insurance
$31
HOA
$608
Vacancy / Maint / Mgmt
$341
Net cashflow
$113

Break-even live

Break-even rent $1,479
Max offer price $75,000
Occupancy floor 88%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$18,750
Closing costs
$2,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6011 Emerson St Bladensburg, MD 1.0–2.0 1.0 737 $1,725 $2.34 24d 3 0.02mi
6011 Emerson St Bladensburg, MD 2.0 1.0 737 $1,688 $2.29 44d 2 0.02mi
6011 Emerson St Bladensburg, MD 2.0 1.0 737 $1,662 $2.26 15d 3 0.02mi
5033 57th Ave Bladensburg, MD 1.0–3.0 1.0–2.0 766 $1,749 $2.28 2d 12 0.16mi
4202 58th Ave Bladensburg, MD 1.0 1.0 684 $1,416 $2.07 3d 12 0.39mi
4203 58th Ave Bladensburg, MD 1.0–3.0 1.0–2.0 752 $1,732 $2.30 3d 16 0.58mi
4203 58th Ave Bladensburg, MD 1.0–2.0 1.0 735 $2,069 $2.81 2d 61 0.58mi
5802 Annapolis Rd Bladensburg, MD 1.0–2.0 1.0–2.0 796 $1,898 $2.38 2d 22 0.65mi
5510 Madison St Riverdale, MD 1.0–2.0 1.0 566 $1,805 $3.19 4d 16 0.73mi
3839 64th Ave Hyattsville, MD 2.0 1.0 875 $1,650 $1.89 2d 4 0.77mi
4085 Warner Ave Landover Hills, MD 1.0–3.0 1.0–1.5 878 $1,672 $1.90 3d 12 0.77mi
6901 Farragut St Hyattsville, MD 2.0 1.0 896 $900 $1.00 44d 1 0.90mi
6000 67th Ave Unit 3 Riverdale Park, MD 1.0 1.0 600 $1,500 $2.50 19d 1 0.90mi
5826 Quintana St Riverdale, MD 1.0 1.0 800 $1,500 $1.88 44d 1 0.90mi
5600 54th Ave Riverdale, MD 1.0 1.0 680 $1,550 $2.28 5d 8 0.96mi
6021 67th Ave Riverdale, MD 2.0 1.0 850 $1,615 $1.90 18d 1 0.96mi
5610 54th Ave Riverdale, MD 1.0–2.0 1.0 754 $1,575 $2.09 3d 5 0.97mi
6739 Riverdale Rd Riverdale, MD 1.0 1.0 589 $1,350 $2.29 44d 1 1.04mi
6308 61st Pl Riverdale, MD 3.0 2.0 873 $2,280 $2.61 11d 1 1.05mi
4611 Edmonston Rd Unit 1 Hyattsville, MD 2.0 1.0 850 $1,750 $2.06 24d 1 1.05mi
5305 Riverdale Rd Riverdale, MD 2.0 1.0 900 $1,695 $1.88 5d 1 1.07mi
6409 63rd Pl Riverdale, MD 1.0 1.0 1116 $1,000 $0.90 44d 1 1.11mi
3405 Laurel Ave Unit C Cheverly, MD 1.0 1.0 550 $1,200 $2.18 44d 1 1.13mi
5360 Quincy Pl Unit 3908-302 Hyattsville, MD 1.0 1.0 655 $1,365 $2.08 44d 1 1.13mi
5360 Quincy Pl Unit 3908-202 Hyattsville, MD 1.0 1.0 655 $1,365 $2.08 13d 1 1.13mi
4101 53rd Ave Unit 4210P2 Bladensburg, MD 2.0 1.0 788 $1,725 $2.19 24d 1 1.15mi
4101 53rd Ave Unit 4103A1 Bladensburg, MD 2.0 1.0 788 $1,725 $2.19 44d 1 1.15mi
4101 53rd Ave Unit 4200A4 Bladensburg, MD 1.0 1.0 607 $1,525 $2.51 44d 1 1.15mi
4101 53rd Ave Unit 4200P4 Bladensburg, MD 1.0 1.0 607 $1,395 $2.30 44d 1 1.15mi
4101 53rd Ave Unit 4102P3 Bladensburg, MD 1.0 1.0 642 $1,375 $2.14 44d 1 1.15mi
4101 53rd Ave Unit 4202A1 Bladensburg, MD 1.0 1.0 607 $1,345 $2.22 44d 1 1.15mi
4101 53rd Ave Unit 4104A5 Bladensburg, MD 1.0 1.0 578 $1,335 $2.31 44d 1 1.15mi
4101 53rd Ave Unit 4200A1 Bladensburg, MD 2.0 1.0 607 $1,565 $2.58 24d 1 1.15mi
3554 55th Ave Hyattsville, MD 1.0–3.0 1.0 603 $1,551 $2.57 2d 7 1.15mi
5023 Riverdale Rd Unit 5023-310 Riverdale, MD 1.0 1.0 680 $1,500 $2.21 44d 1 1.17mi
6285 Fernwood Ter Riverdale, MD 1.0–3.0 1.0 820 $1,894 $2.31 3d 11 1.17mi
6272 67th Ct Riverdale, MD 3.0 1.0–2.5 987 $1,979 $2.00 2d 9 1.18mi
5323 Taylor Rd Unit 1546071P Riverdale, MD 3.0 2.0 1097 $2,258 $2.06 15d 1 1.21mi
6815 Riverdale Rd Riverdale, MD 1.0–2.0 1.0–1.5 858 $2,109 $2.46 2d 7 1.22mi
3901 53rd St Bladensburg, MD 1.0–2.0 1.0 850 $1,495 $1.76 2d 2 1.23mi

HOA detail condo

Monthly dues
$608 · $7,296/yr
Likely covers
water
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 47 events

  1. 2026-06-18
    days on market $75,000 Active 128 DOM
  2. 2026-06-17
    days on market $75,000 Active 127 DOM
  3. 2026-06-16
    days on market $75,000 Active 126 DOM
  4. 2026-06-15
    days on market $75,000 Active 125 DOM
  5. 2026-06-13
    days on market $75,000 Active 123 DOM
  6. 2026-06-10
    days on market $75,000 Active 119 DOM
  7. 2026-06-08
    days on market $75,000 Active 118 DOM
  8. 2026-06-07
    days on market $75,000 Active 117 DOM
  9. 2026-06-04
    days on market $75,000 Active 114 DOM
  10. 2026-06-03
    days on market $75,000 Active 113 DOM
  11. 2026-06-02
    days on market $75,000 Active 112 DOM
  12. 2026-06-01
    days on market $75,000 Active 111 DOM
  13. 2026-05-31
    days on market $75,000 Active 110 DOM
  14. 2026-04-20
    price $75,000 467-char remark
    Show marketing remark (467 chars)

    POST AUCTION - Make an offer, buy it now!Deposit: $7,500. This one-story condo unit is located in the Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as the Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, and +/- 8 miles to Downtown Washington DC. This property is occupied. The area provides easy access to a major traffic artery, Route 295.

  15. 2026-02-10
    listed $40,000 Active 467-char remark
    Show marketing remark (467 chars)

    POST AUCTION - Make an offer, buy it now!Deposit: $7,500. This one-story condo unit is located in the Baldensburg, Maryland within Prince George's County. Utilities are covered within the condo fee. Residents can enjoy the nearby attractions such as the Capital Plaza, Bladensburg Community Center, Bladensburg Waterfront Park, and +/- 8 miles to Downtown Washington DC. This property is occupied. The area provides easy access to a major traffic artery, Route 295.

  16. 2009-09-28
    historical 33-char remark
    Show marketing remark (33 chars)

    A two bedroom one bathroom Condo.

  17. 2009-09-25
    soldstatus $26,000 Sold 33-char remark
    Show marketing remark (33 chars)

    A two bedroom one bathroom Condo.

  18. 2009-09-25
    soldstatus $26,000
    Show marketing remark (33 chars)

    A two bedroom one bathroom Condo.

  19. 2009-08-25
    historical Contingent (No Kick Out) 33-char remark
    Show marketing remark (33 chars)

    A two bedroom one bathroom Condo.

  20. 2009-08-24
    historical
  21. 2009-08-10
    price $26,900 33-char remark
    Show marketing remark (33 chars)

    A two bedroom one bathroom Condo.

  22. 2009-08-03
    listed $31,500 Active 33-char remark
    Show marketing remark (33 chars)

    A two bedroom one bathroom Condo.

  23. 2009-08-03
    listed $26,900
    Show marketing remark (33 chars)

    A two bedroom one bathroom Condo.

  24. 2009-08-01
    historical
  25. 2009-08-01
    historical
  26. 2009-07-26
    price
  27. 2009-07-11
    price
  28. 2009-07-08
    status Active
  29. 2009-07-02
    historical
  30. 2009-06-10
    price
  31. 2009-06-03
    status
  32. 2009-06-02
    historical
  33. 2009-05-26
    price
  34. 2009-05-03
    price
  35. 2009-03-09
    historical
  36. 2009-03-07
    listed
  37. 2009-03-06
    listed $31,500
  38. 2009-01-27
    price
  39. 2008-12-27
    price
  40. 2008-11-21
    price
  41. 2008-10-27
    listed
  42. 2006-10-30
    soldstatus $99,500
  43. 2006-10-30
    soldstatus $99,500
  44. 2006-08-18
    soldstatus $99,500
  45. 2006-08-02
    historical
  46. 2006-06-29
    listed $99,500
  47. 1985-03-21
    soldstatus $49,300

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

Current annual tax
$1,634 · $136/mo
Projected year-2 tax
$1,634 · $136/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 13 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,470
− Mortgage interest
−$4,201
− Property taxes
−$1,634
− Insurance
−$375
− Repairs & maintenance
−$1,558
− Management
−$1,558
− HOA
−$7,296
− Depreciation
−$2,182
Taxable income
$667
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$160
After-tax cash flow
$1,197/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Prince George'S County Public Schools
NCES district ID
2400510
Math proficiency
8% ▼ -11.00%
Reading proficiency
24% ▼ -9.00%
Median HH income
$73,967
Composite
16.82/100
National rank
#9151
State rank
#21 of 24 in MD

Livability — Bladensburg

Score
64/100
State rank
#277
US rank
#14239

Category grades

Amenities D Commute B- Cost of living C- Crime F Employment C- Housing A Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bladensburg, MD
County
Prince Georges County · 919,866 people
City population
9,801
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
Population (ZIP)
9,801
Household income
$63,810
Rent vs Own
78.8% rent · 21.2% own
Severe rent burden
810.0

Population outlook (Prince George's County) Hauer SSP2

Today (2025)
1,005,426 people
By 2030
1,048,416 · +4.3%
By 2040
1,123,425 · +11.7%
By 2050
1,183,220 · +17.7%
By 2075
1,306,202 · +29.9%
By 2100
1,408,179 · +40.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority Black (57%)
Race & ethnicity
Black 57% Hispanic / Latino 40% Two or more races 9%
Hispanic origin (detail)
Mexican 16% Dominican 2%
Common ancestry
Swiss 1%
Foreign-born
38% · Canada, South Korea, Guatemala
Languages at home
50% English-only · Spanish 34% French/Haitian/Cajun 7% Korean 1%

Political lean MEDSL · Prince George's

2024 margin
Solid D (+75.2) · D 86.3% · R 11.2% · Other 2.5%
2008→2024 swing
-3.3pp toward R · 2008: 78.5pp · 2024: 75.2pp
All cycles
2024: D+75.2 2020: D+80.5 2016: D+81.0 2012: D+80.9 2008: D+78.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 16.66%
Current HPI
365.4382
Rent YoY
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
State GDP YoY
▲ 2.97%
F500 in state
12

Industry mix (Fortune 500 HQ in MD)

Industry F500 HQs Revenue

Price history

+52.1% since first listed
34 events — show timeline
  • 2026-04-20 Price Changed $75,000 BRIGHT MLS
  • 2026-02-10 Listed $40,000 BRIGHT MLS
  • 2009-09-28 Delisted MRIS
  • 2009-09-25 Sold (MLS) $26,000 BRIGHT MLS
  • 2009-09-25 Sold (MLS) $26,000 MRIS
  • 2009-08-25 Contingent MRIS
  • 2009-08-24 Listing Removed BRIGHT MLS
  • 2009-08-10 Price Changed $26,900 MRIS
  • 2009-08-03 Listed $31,500 MRIS
  • 2009-08-03 Listed $26,900 BRIGHT MLS
  • 2009-08-01 Delisted MRIS
  • 2009-08-01 Listing Removed BRIGHT MLS
  • 2009-07-26 Price Changed MRIS
  • 2009-07-11 Price Changed MRIS
  • 2009-07-08 Relisted MRIS
  • 2009-07-02 Delisted MRIS
  • 2009-06-10 Price Changed MRIS
  • 2009-06-03 Relisted MRIS
  • 2009-06-02 Delisted MRIS
  • 2009-05-26 Price Changed MRIS
  • 2009-05-03 Price Changed MRIS
  • 2009-03-09 Delisted MRIS
  • 2009-03-07 Listed MRIS
  • 2009-03-06 Listed $31,500 BRIGHT MLS
  • 2009-01-27 Price Changed MRIS
  • 2008-12-27 Price Changed MRIS
  • 2008-11-21 Price Changed MRIS
  • 2008-10-27 Listed MRIS
  • 2006-10-30 Sold (Public Records) $99,500 Public Records
  • 2006-10-30 Sold (Public Records) $99,500 Public Records
  • 2006-08-18 Sold (MLS) $99,500 MRIS
  • 2006-08-02 Delisted MRIS
  • 2006-06-29 Listed $99,500 MRIS
  • 1985-03-21 Sold (Public Records) $49,300 Public Records

Property tax history

+4.5%/yr

Latest (2025): $1,634 · +13.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…