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Detailed Information
- Style: Hazeldean Deal
- Size: 1203 SqFt
- Price: $380,000
- Bedrooms: 3+2
- Bathrooms: 2
- Parking: Double detached garage
Detailed Information
- Address: South Central
- City: Edmonton, AB Canada
- Phone No.: 1-888-780-5940
- Year Constructed: 1957
- Area: Hazeldean
- Appliances: 7
- Reserve Fund: N/A
- Condo Maintenance: N/A
- Foundation: Concrete
- Construction: wood frame
- Roof: asphalt shingles
- Approximate Closing Costs: $90,140
- Down Payment: $76,000
- Legal: $1,500
- Inspection: $425
- Property Insurance: $780
- Immediate Repairs and Supplies: $30,000 PPI
- Staying Power Fund: $7,635
- NCF: N/A
- Total Cost To Close: $90,140
- Purchase Date: January 15, 2016
- Current Date: December 1, 2015
- Current Value: $350,000
- Investor's ROI: 56% or 11.3% per annum
- Investor's Profit (estimated): $51,057
- Other: This property produces 11.3% per annum at an conservative 3% appreciation per year.
Edmonton is the top city in Alberta to invest in.
Invest in properties that cash flow every month and get money going into your pockets not coming out of them.
Remarks: Your property produces $360 per month in positive cash flow at present mortgage terms. That's $21,600 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 1206 sqft property will produce $2545/month due to 1 income boosting suite, which will be tenanted with equity building long term tenants.