Glenn Simon Inc
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Glenn Simon Inc
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Glenn Simon Inc
 
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Detailed Information
   Style: Miller
   Size: 1074.24
   Price: $329,900
   Bedrooms: 5
   Bathrooms: 2
   Parking:
  Detail

   
 
Detailed Information
    Address : North East
    City : Edmonton
    Phone No. : 1-888-780-5490
    Year Constructed : 2001
    Area : North East
    Appliances : 7
    Reserve Fund : N/A
    Condo Maintenance : N/A
    Foundation : Concrete
    Construction : Wood foundation
    Roof : asphalt
     Approximate Closing Costs : Acquistion Fee 1.0% $3,299.00
     Down Payment : $65,980.00
 
Legal: $1,500.00
Inspection: $450.00
Property Insurance: $750.00
Immediate Repairs and Supplies: N/A
Staying Power Fund: $6,000 (three months rent)
NCF: None!
Total Cost To Close: $78,479
Purchase Date: January 15th 2010
Current Date: November 1st 2009
Current Value: $329,900
Investor's ROI: 57% or 12% per annum
Investor's Profit (estimated): $45024.50
Other: Edmonton is the top city in Alberta to invest in. Recession proof your financial future invest in properties that cash flow every month and get money going into your pockets not coming out of them.
 
       
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  Remarks and Additional Information  
 
Remarks:
Your property produces $205 in positive cash flow at present mortgage terms. That's $12,000 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. Built in 2001 this 1074.24 sq ft home rents for $2000/month due to the money making suite downstairs. We already have a solid list of pre-screened tenants.
 
 
 
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