We managed this home for the homeowner for many years and have placed multiple tenants.  The home was most recently offered for rent for $1,475 per month and was ultimately rented on March 9, 2019 for $1,475.  No utilities were included in the monthly rent, so tenants are responsible for electric service, natural gas service, water/sewer service, telephone, cable TV and Internet service. 

INCOME REQUIREMENTS FOR RENTING THIS HOME
Monthly Pre-Tax Income of $5,162
Yearly Pre-Tax Income of $61,950

The security deposit was $1,475 and was required prior to a lease being signed.  Pets were considered on a case-by-case basis with an additional minimum $300 pet deposit.  The owner does not allow smoking inside the home.

We Are No Longer Managing the Home at
13502 Derry Glen Drive, #302, Germantown, MD 20874

There are many reasons why a homeowner will remove their rental home from active management.  The two most popular reasons are that:

• The owner wants to sell the home based on a change in the Return on Investment (ROI).  This happens after many years of owning the home.  Selling is one of several options for the owner.
• The owner changes the home to a principal residence.  Sometimes an owner will begin living in a former rental home so that they can later sell it.  This is done to get tax advantages in the sale.

If you are thinking about buying a home in Montgomery County, we can help!  The first step is for you to take a few minutes to look at the current Homes for Sale in Germantown, MD 20874 .  You can contact us so we can arrange a time to meet with you.  We can discuss your specific property needs and help you to get started.  

Another part of the process is for you to look at the Homes for Rent in Germantown, MD 20874 because these are your competition.  We can also work with you to Determine the Return on Investment (ROI) for your Rental Property.  Finally, we can help you find qualified tenants for your rental property.  We can discuss the Rental Listing Agreement with you and get your listing active quickly.

If you are thinking about selling a home that you already own, we can help!  The first step is to determine the Fair Market Value of Your Home.  When you answer a few questions about your home, we can perform the analysis and send you the results within a couple of days.