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Glenn Simon Inc

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Detailed Information

  • Style: Ottewell
  • Size: 1,675 SqFt
  • Price: $655,000
  • Bedrooms: 2+2+1+1
  • Bathrooms: 4
  • Parking: Parking Pad

Detailed Information

  • Address: South Central
  • City: Edmonton
  • Phone No.: 1-888-780-5940
  • Year Constructed: 1959
  • Area: Ottewell
  • Appliances: 12
  • Reserve Fund: N/A
  • Condo Maintenance: N/A
  • Foundation: Concrete
  • Construction: Wood frame
  • Roof: Asphalt
  • Approximate Closing Costs: $146,300
  • Down Payment: $127,000
  • Legal: $1,500
  • Inspection: $1,200
  • Property Insurance: $2,800
  • Immediate Repairs and Supplies: N/A
  • Staying Power Fund: $11,100
  • NCF: N/A
  • Total Cost To Close: $146,300
  • Purchase Date: June 15, 2017
  • Current Date: May 2, 2017
  • Current Value: $655,000
  • Investor's ROI: 55% or 11% per annum
  • Investor's Profit (estimated): $95,607
  • Other: 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.
Detail

Remarks: Remarks: Your property produces positive cash flow at present mortgage terms. Estimated at $42,276 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 1,675 Sqft property will produce $3,700/month with the 4 income boosting suites. The popular area ensures they'll be tenanted with equity building long term tenants.

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