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Detailed Information
- Style: Ottewell
- Size: 1217 Sqft
- Price: $380,000
- Bedrooms: 3+2
- Bathrooms: 2.5
- Parking: Double Detached Garage
Detailed Information
- Address: South Central
- City: Edmonton
- Phone No.: 1-888-780-5940
- Year Constructed: 1962
- Area: Ottewell
- Appliances: 6
- Reserve Fund: N/A
- Condo Maintenance: N/A
- Foundation: Concrete
- Construction: Wood frame
- Roof: Asphalt
- Approximate Closing Costs: $92,800
- Down Payment: $76,000
- Legal: $1,500
- Inspection: $600
- Property Insurance: $1200
- Immediate Repairs and Supplies: $15,000 PPI
- Staying Power Fund: $12,000.00
- NCF: N/A
- Total Cost To Close: $92,800
- Purchase Date: July 1, 2017
- Current Date: May 31, 2017
- Current Value: $386,000
- Investor's ROI: 58% or 12% P.A
- Investor's Profit (estimated): $54,232
- Other: Our property produces positive cash flow at present mortgage terms. Estimated at $36,420 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.
Detail
Remarks: 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.
Additional Info: This property cash flows and is at a great price.
This huge 1217 sqft property will produce $2570/month with the 2 legal income boosting suites. The incredible location near Capilano Mall, schools and Sherwood Park Freeway ensures they'll be tenanted with equity building long term tenants.