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Glenn Simon Inc

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Detailed Information

  • Style: Idylwyde
  • Size: 2135 SqFt
  • Price: $559,000 plus $70K PPI
  • Bedrooms: 3+3+2+2
  • Bathrooms: 4
  • Parking: Parking Pad

Detailed Information

  • Address: Idylwyde
  • City: EDMONTON
  • Phone No.: 1-888-780-5940
  • Year Constructed: 1971
  • Area: South Central Edmonton
  • Appliances: 12
  • Reserve Fund: N/A
  • Condo Maintenance: N/A
  • Foundation: Concrete
  • Construction: Wood frame
  • Roof: Asphalt
  • Approximate Closing Costs: $132,985
  • Down Payment: $111,800
  • Legal: $1,500
  • Inspection: $425
  • Property Insurance: $2,880
  • Immediate Repairs and Supplies: $70,000 PPI
  • Staying Power Fund: $12,000
  • NCF: N/A
  • Total Cost To Close: $132,985
  • Purchase Date: September 1, 2017
  • Current Date: August 3, 2017
  • Current Value: $559,000
  • Investor's ROI: 60% or 12% per annum
  • Investor's Profit (estimated): $79,958
  • Other: Your property produces positive cash flow at present mortgage terms. Estimated at $36,000 over 5 years.
    *Partner must qualify for financing*
Detail

Remarks: 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: Additional Info: This property cash flows and is at a great price.

This 2,135 Sqft property will produce $4,600/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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