Click for an enlargement
Detailed Information
- Style: Allendale
- Size: 4600 Sqft
- Price: $635,000
- Bedrooms: 3+1+1 and 2 Bachelor suites
- Bathrooms: 5
- Parking: Double detached garage
Detailed Information
- Address: South Central
- City: Edmonton, AB Canada
- Phone No.: 1-888-780-5940
- Year Constructed: 1940
- Area:
- Appliances: 16
- Reserve Fund: N/A
- Condo Maintenance: N/A
- Foundation: Concrete
- Construction: wood frame
- Roof: asphalt shingles
- Approximate Closing Costs: $139,925
- Down Payment: $127,000
- Legal: $1,500
- Inspection: $1,000
- Property Insurance: $1,200
- Immediate Repairs and Supplies: N/A
- Staying Power Fund: $55,200
- NCF: N/A
- Total Cost To Close: $139,925
- Purchase Date: 4/1/2015
- Current Date: 3/1/2015
- Current Value: $635,000
- Investor's ROI: 55% or 11% per annum
- Investor's Profit (estimated): $76,000
- Other: This property produces 11% per annum at an conservative 3% appreciation per year.
Edmonton is the top city in Alberta to invest in. Recession proof your financial future. Invest in properties that cash flow every month and get money going into your pockets not coming out of them.
Remarks: Your property produces $500 per month in positive cash flow at present mortgage terms. That's $30,000.00 over 5 years.
*Partner must qualify for financing*
Your investment includes: financial analysis, professional inspection, insurance, legal fees, basic accounting, reserve fund, CMA, down-payment, bi-annual statements, strategic market timing to ensure successful entry and exit.
Additional Info: This property cash flows and is at a great price.
This 4600 sqft sxs duplex will produce $4600/month due to income boosting lower suites, which will be tenanted with equity building long term tenants.
It is in a fabulous area that will attract a wide variety of great tenants.