Baltimore City, MD Metro · Maryland County Underwriting Brief

Baltimore City, MD DSCR Property Tax, Windstorm & Transfer Tax Guide

In Baltimore City, Maryland (Baltimore City, MD metro), 1–4 unit investment properties carry an average effective property tax rate of 2.24% and landlord hazard insurance averaging $650 per $100K of coverage. At a median 1–4 unit acquisition price of $235,000 and Form 1007 market rent of $2,150/mo, a 75% LTV DSCR loan models at 1.26x DSCR ($1,709/mo total PITIA).

Effective Property Tax

2.24%

Est. $439/mo at median

Landlord Ins / $100K

$650/yr

Est. $127/mo DP-3

Median 1–4 Unit Price

$235,000

75% LTV: $176,250

Modeled 75% LTV DSCR

1.26x

$2,150 rent / $1,709 PITIA

Baltimore City Escrow & Closing-Cost Underwriting Rules

1. Post-Acquisition Tax Reassessment

Statutory county assessor periodic revaluation; underwriters use post-acquisition projected tax bill (typically 85%–100% of purchase price × county millage rate).

2. Windstorm, Flood & Hazard Tier

Baltimore MDE Lead-Free Certificate + Rental Registration Required

3. Transfer & Mortgage Recording Taxes

Combined State + County Realty Transfer & Recordation Tax (typically 2.0%–4.28% split between buyer and seller by local custom).

4. CEMA / Doc-Stamp Optimization Strategy

Underwrite post-acquisition tax bill using county millage calculator to prevent Year-2 escrow shortage.

Other Maryland Counties in the Atlas

Montgomery County, MD

Montgomery County, MD · 1.04% Tax

Prince George's County, MD

Prince George's County, MD · 1.38% Tax