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Glenn Simon Inc

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Detailed Information

  • Style: Queen Alexandra
  • Size: 5600 Sqft
  • Price: $628,000
  • Bedrooms: 3 x Bach 3x 1 bedroom
  • Bathrooms: 6
  • Parking: Single Detached and Pad

Detailed Information

  • Address: South central
  • City: Edmonton
  • Phone No.: 1-888-780-5940
  • Year Constructed: 1916
  • Area: Queen Alexandra
  • Appliances: 22
  • Reserve Fund: N/A
  • Condo Maintenance: NA
  • Foundation: Concrete
  • Construction: Wood Frame
  • Roof: Asphalt Shingles
  • Approximate Closing Costs: $179,600
  • Down Payment: $159,000
  • Legal: $1,500
  • Inspection: $1,600
  • Property Insurance: $2,500
  • Immediate Repairs and Supplies: $15,000 PPI
  • Staying Power Fund: $15,000
  • NCF: NA
  • Total Cost To Close: $179,600
  • Purchase Date: 12/31/2016
  • Current Date: 12/1/2016
  • Current Value: $628,000
  • Investor's ROI: 51% or 10% per annum
  • Investor's Profit (estimated): $91,846
  • Other: This property produces 10% 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.
Detail
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Remarks: Your property produces $832 per month in positive cash flow at present mortgage terms. That's $49,920 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 5,600 sqft property will produce $4,160/month with the 6 legal income boosting suites. The great area ensures they'll be tenanted with equity building long term tenants.