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Detailed Information
- Style: Ekota
- Size: 5,200 Sqft
- Price: $905,000
- Bedrooms: 3+3+3+3
- Bathrooms: 4
- Parking: Parking Lot
Detailed Information
- Address: South East Edmonton
- City: Edmonton
- Phone No.: 1-888-780-5940
- Year Constructed: 1978
- Area: Ekota
- Appliances: 20
- Reserve Fund: N/A
- Condo Maintenance: N/A
- Foundation: Concrete
- Construction: wood frame
- Roof: asphalt shingles
- Approximate Closing Costs: $205,200
- Down Payment: $180,000
- Legal: $1,500
- Inspection: $1200
- Property Insurance: $2,400
- Immediate Repairs and Supplies: $5,000 PPI
- Staying Power Fund: $16,200
- NCF: N/A
- Total Cost To Close: $205,200
- Purchase Date: September 1, 2016
- Current Date: July 29, 2016
- Current Value: $905,000
- Investor's ROI: 62% or 12% per annum
- Investor's Profit (estimated): $126,318
- Other: This property produces 12% per annum at a 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 $826 per month in positive cash flow at present mortgage terms. That's $49,560 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 huge 5,400 sqft property will produce $5,400/month with the 4 income boosting suites. The great area ensures they'll be tenanted with equity building long term tenants.