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1146 Booker Dr
B Composite 70.37
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 +26.6/30.0
  • ARV discount +15.0/15.0
  • DSCR +9.1/10.0
  • 1% rule +8.0/10.0
  • Rent growth +4.0/5.0
  • Livability +3.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.7/10.0
  • Appreciation +0.0/10.0

$199,900

1146 Booker Dr · Summerfield, MD 20743
3 bd · 1.0 ba · 1,602 sqft · Townhouse public records · 180 Days on market
Built 1955 3,500 sqft lot $125/sqft · 34% below area Est $302k · 34% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

PROPERTY IS OCCUPIED. No access will be allowed and do not approach the occupants. All-brick semi-detached two-level home offering 3 bedrooms and 1.5 baths, featuring a private driveway for convenient off-street parking. Located on a quiet residential street in Capitol Heights, just minutes from major commuter routes including Central Avenue and I-495. Easy access to Washington, DC, nearby Metro stations, shopping centers, dining options, and everyday conveniences. Close to local parks, schools, and community amenities, making this an ideal location for commuters and city-oriented living.

Key facts

  • Private driveway
  • Community amenities
  • Local parks

Tags

PRIVATE DRIVEWAYQUIET RESIDENTIAL STREETEASY ACCESS TO WASHINGTON DCNEARBY METRO STATIONSLOCAL PARKSCOMMUNITY AMENITIES

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 3-bed/1.0-bath townhouse listed at $200k.

Deal economics

  • At list price, monthly cash flow is $534 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $200k).
  • Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
  • Cap rate 9.5% vs local median 4.6% in Summerfield — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 70/100 on livability (#174 in MD) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: schools C-, crime D, cost of living 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: Rents rising fast (+5.9%/yr); 217 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,481 units permitted in Prince George's County in 2024 (0 in 5+ unit buildings).
  • This rent runs 41% of the median local income ($76k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • Prince George's County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 5.9% rent growth), your $56k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 180 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 22y ago; this cycle's ask has dropped $125k (38%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $145k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $175,912 (12.0% below list)

Questions for the listing agent

  1. It's been on market 180 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 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Crime grade is D 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?
  6. 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.
  7. 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.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.30%
Cap rate
9.50%
Cash-on-cash
11.45%
DSCR
1.51
GRM
6.4

CMA / ARV

ARV (median comp)
$301,509
List price
$199,900
Delta
-33.70%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6313 Morocco St 0.14mi 4/2.0 (+1) 1,632 (+2%) 11mo $340,000 $208 72
1322 Gabes Pl 0.20mi 3/2.5 1,696 (+6%) 4mo $345,000 $203 72
6336 Martin Luther King Jr Hwy 0.07mi 4/2.0 (+1) 1,728 (+8%) 7mo $315,000 $182 69
828 Booker Pl 0.38mi 3/1.5 1,566 (-2%) 10mo $297,000 $190 68
919 Booker Dr 0.23mi 3/1.5 1,566 (-2%) 19mo $315,000 $201 68
7240 Hylton St 0.41mi 3/2.0 1,660 (+4%) 12mo $365,000 $220 61
6303 Carrington Ct 0.04mi 3/2.0 1,368 (-15%) 13mo $358,000 $262 59
821 Booker Dr 0.38mi 3/1.5 1,720 (+7%) 12mo $345,000 $201 58
1022 Carrington Ave 0.23mi 4/2.5 (+1) 1,400 (-13%) 2mo $340,000 $243 56
7240 Joplin St 0.34mi 4/2.0 (+1) 1,660 (+4%) 20mo $315,000 $190 52
814 Carrington Ave 0.44mi 3/3.5 1,566 (-2%) 18mo $369,900 $236 51
970 Central Hills Ln 0.54mi 3/2.5 1,806 (+13%) 3mo $360,000 $199 45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.9% rent growth · sell at horizon

5-year hold
IRR
4.3%
Equity multiple
1.17×
Total profit
$9,561
Equity at exit
$29,806
10-year hold
IRR
16.5%
Equity multiple
2.55×
Total profit
$86,689
Equity at exit
$17,284

Cash invested: $55,972 (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 20743

Rents YoY
5.9%
Active inventory
217
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$2,605 high interval (Pro) →
Mortgage (P&I)
$1,048
Tax from tax record
$392 /mo · $4,706/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$547
Net cashflow
$534

Break-even live

Break-even rent $1,929
Max offer price $199,900
Occupancy floor 74%

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
$49,975
Closing costs
$5,997
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 32 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1105 Carrington Ave Capitol Heights, MD 3.0 1.5 1152 $2,395 $2.08 2d 1 0.22mi
1105 Carrington Ave Capitol Heights, MD 3.0 1.5 1152 $2,400 $2.08 44d 1 0.22mi
6706 Central Hills Ter Hyattsville, MD 3.0 2.5 1212 $2,500 $2.06 44d 1 0.44mi
6211 L St Capitol Heights, MD 2.0 2.0 1500 $2,400 $1.60 22d 1 0.59mi
6210 Lee Pl Capitol Heights, MD 2.0 1.0 1200 $1,950 $1.62 3d 1 0.61mi
818 Balsamtree Pl Capitol Heights, MD 4.0 1.5 1102 $2,275 $2.06 5d 1 0.67mi
1105 61st Ave Fairmount Heights, MD 4.0 3.5 1352 $2,500 $1.85 18d 1 0.72mi
522 70th St Capitol Heights, MD 4.0 1.5 1820 $3,000 $1.65 44d 1 0.73mi
522 70th St Capitol Heights, MD 4.0 1.5 1840 $3,000 $1.63 3d 1 0.73mi
1842 Ryderwood Ct Hyattsville, MD 4.0 3.5 1680 $3,199 $1.90 18d 1 0.75mi
1746 Countrywood Ct Hyattsville, MD 3.0 2.5 1296 $2,450 $1.89 11d 1 0.85mi
6313 Field St Capitol Heights, MD 3.0 2.0 1700 $2,250 $1.32 18d 1 0.85mi
1741 Countrywood Ct Hyattsville, MD 3.0 2.0 1312 $2,295 $1.75 24d 1 0.86mi
6801 James Farmer Way Capitol Heights, MD 3.0 1.5 1512 $2,150 $1.42 18d 1 0.90mi
1846 Cedarwood Ct Hyattsville, MD 3.0 2.5 1120 $2,150 $1.92 44d 1 1.04mi
431 61st St NE Washington, DC 3.0 2.5 2151 $4,500 $2.09 24d 1 1.06mi
6812 Pepper St Capitol Heights, MD 4.0 2.0 1095 $2,750 $2.51 44d 1 1.06mi
2014 E Marlboro Ave Hyattsville, MD 1.0–3.0 1.0–2.0 987 $1,874 $1.90 2d 2 1.07mi
6340 Southern Ave NE Washington, DC 4.0 2.0 1248 $4,200 $3.37 24d 1 1.09mi
7290 Mahogany Dr Hyattsville, MD 3.0 2.5 1300 $2,400 $1.85 4d 1 1.09mi
323 62nd St NE Washington, DC 1.0–3.0 1.0–2.0 908 $2,435 $2.68 24d 1 1.09mi
809 Eastern Ave Fairmount Heights, MD 3.0 2.0 1246 $2,400 $1.93 5d 1 1.13mi
6221 Addison Rd Capitol Heights, MD 3.0 1.5 1554 $3,000 $1.93 18d 1 1.15mi
5501 Jay St NE Washington, DC 4.0 3.0 1848 $3,300 $1.79 24d 1 1.27mi
716 55th St NE Unit 1 Washington, DC 2.0 2.0 1100 $2,200 $2.00 20d 1 1.34mi
4802 Leroy Gorham Dr Capitol Heights, MD 4.0 3.5 2000 $3,250 $1.62 18d 1 1.34mi
4802 Leroy Gorham Dr Capitol Heights, MD 4.0 3.5 1482 $3,500 $2.36 3d 1 1.34mi
4800 Addison Rd Capitol Heights, MD 1.0–3.0 1.0–3.0 998 $2,737 $2.74 2d 40 1.37mi
5213 Just St NE Washington, DC 3.0 2.0 1114 $2,400 $2.15 24d 1 1.40mi
7626 Green Willow Ct Hyattsville, MD 4.0 3.0 1220 $2,850 $2.34 18d 1 1.42mi
7607 Burnside Rd Hyattsville, MD 3.0 1.5 1280 $2,200 $1.72 44d 1 1.46mi
2500 Lake Ave Cheverly, MD 3.0 2.0 1742 $2,975 $1.71 20d 1 1.47mi

Listing history 19 events

  1. 2026-06-18
    days on market $199,900 Active 180 DOM
  2. 2026-06-17
    days on market $199,900 Active 179 DOM
  3. 2026-06-16
    days on market $199,900 Active 178 DOM
  4. 2026-06-15
    days on market $199,900 Active 177 DOM
  5. 2026-06-13
    days on market $199,900 Active 175 DOM
  6. 2026-06-10
    days on market $199,900 Active 171 DOM
  7. 2026-06-08
    days on market $199,900 Active 170 DOM
  8. 2026-06-07
    days on market $199,900 Active 169 DOM
  9. 2026-06-04
    days on market $199,900 Active 166 DOM
  10. 2026-06-03
    days on market $199,900 Active 165 DOM
  11. 2026-06-02
    days on market $199,900 Active 164 DOM
  12. 2026-06-01
    days on market $199,900 Active 163 DOM
  13. 2026-05-31
    days on market $199,900 Active 162 DOM
  14. 2025-12-20
    listed $325,000 Active 595-char remark
    Show marketing remark (595 chars)

    PROPERTY IS OCCUPIED. No access will be allowed and do not approach the occupants. All-brick semi-detached two-level home offering 3 bedrooms and 1.5 baths, featuring a private driveway for convenient off-street parking. Located on a quiet residential street in Capitol Heights, just minutes from major commuter routes including Central Avenue and I-495. Easy access to Washington, DC, nearby Metro stations, shopping centers, dining options, and everyday conveniences. Close to local parks, schools, and community amenities, making this an ideal location for commuters and city-oriented living.

  15. 2006-05-23
    soldstatus $145,000
  16. 2004-04-27
    soldstatus $145,000 304-char remark
    Show marketing remark (304 chars)

    Completely renovated home. New everything !! Plus, a huge 16x25 family room addition on back of home close to kitchen. New kitchen cabinets & appliances. New paint. Covered porch in back. Fenced yard. Plenty of space to park your car. Brick home. New gas heat/AC. Vacant. Quick settlement possible.

  17. 2004-02-24
    historical 304-char remark
    Show marketing remark (304 chars)

    Completely renovated home. New everything !! Plus, a huge 16x25 family room addition on back of home close to kitchen. New kitchen cabinets & appliances. New paint. Covered porch in back. Fenced yard. Plenty of space to park your car. Brick home. New gas heat/AC. Vacant. Quick settlement possible.

  18. 2004-02-16
    listed $145,000 304-char remark
    Show marketing remark (304 chars)

    Completely renovated home. New everything !! Plus, a huge 16x25 family room addition on back of home close to kitchen. New kitchen cabinets & appliances. New paint. Covered porch in back. Fenced yard. Plenty of space to park your car. Brick home. New gas heat/AC. Vacant. Quick settlement possible.

  19. 1959-07-15
    soldstatus $10,850

ⓘ 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
$4,706 · $392/mo
Projected year-2 tax
$4,706 · $392/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 21% 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,256
− Mortgage interest
−$11,198
− Property taxes
−$4,706
− Insurance
−$1,000
− Repairs & maintenance
−$2,500
− Management
−$2,500
− Depreciation
−$5,815
Taxable income
$3,537
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$849
After-tax cash flow
$5,558/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 — Summerfield

Score
70/100
State rank
#174
US rank
#7824

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Prince Georges County · 919,866 people
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
Population (ZIP)
41,093
Household income
$76,466
Rent vs Own
33.9% rent · 66.1% own
Severe rent burden
1418.0

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
Predominantly Black (78%)
Race & ethnicity
Black 78% Hispanic / Latino 16% Two or more races 4% White 3% Asian 1%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2%
Foreign-born
16% · Canada
Languages at home
81% English-only · Spanish 13% French/Haitian/Cajun 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
▼ -311.97%
Current HPI
335.5152
Rent YoY
▲ 5.90%
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

+2895.4% since first listed
6 events — show timeline
  • 2025-12-20 Listed $325,000 BRIGHT MLS
  • 2006-05-23 Sold (Public Records) $145,000 Public Records
  • 2004-04-27 Sold (MLS) $145,000 MRIS
  • 2004-02-24 Delisted MRIS
  • 2004-02-16 Listed $145,000 MRIS
  • 1959-07-15 Sold (Public Records) $10,850 Public Records

Property tax history

+7.2%/yr

Latest (2025): $4,706 · +10.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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