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Glenn Simon Inc

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Detailed Information

  • Style: Westmount
  • Size: 1544 Sqft
  • Price: $384,000.00
  • Bedrooms: 6
  • Bathrooms: 3
  • Parking: Lot and Double Garage

Detailed Information

  • Address: 108 Ave
  • City: Edmonton
  • Phone No.: 888-780-5940
  • Year Constructed: 1947
  • Area: West Central
  • Appliances: 8
  • Reserve Fund: N/A
  • Condo Maintenance: N/A
  • Foundation: Concrete
  • Construction: Wood Frame
  • Roof: Asphalt Shingles
  • Approximate Closing Costs: $104,469.00
  • Down Payment: $96,000.00
  • Legal: $1,500.00
  • Inspection: $500.00
  • Property Insurance: $1,000.00
  • Immediate Repairs and Supplies: $1,500.00
  • Staying Power Fund: $5,529.00
  • NCF: N/A
  • Total Cost To Close: $104,469.00
  • Purchase Date: Aug. 15, 2011
  • Current Date: Aug. 1, 2011
  • Current Value: $389,000.00
  • Investor's ROI: 49% or 10% per annum
  • Investor's Profit (estimated): $56,851.24
  • Other: This property produces 10% per annum at an conservative 3% appreciation per year.

    Edmonton is the top city in Alberta to invest in and it's ready to boom. Invest in properties that cash flow every month put money in your pockets.
Detail
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Remarks: Your property produces $440.00 per month in positive cash flow at present mortgage terms. That's $26,400.00 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. Our cost effective renovations will absolutely increase rental income.

This 3 plex produces $440/month due to the income boosting suites, which are tenanted with long-term equity building tenants.