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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.
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.