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Detailed Information
- Style: Stony Plain
- Size: 2399.92
- Price: $635,000
- Bedrooms: 3+3+3+3
- Bathrooms: 4
- Parking: Rear, RV
Detailed Information
- Address: Stony Plain
- City: Stony Plain
- Phone No.: 1-888-780-5940
- Year Constructed: 1978
- Area: Stony Plain
- Appliances: 12
- Reserve Fund: N/A
- Condo Maintenance: N/A
- Foundation: Concrete
- Construction: wood frame
- Roof: asphalt shingles
- Approximate Closing Costs: $151,840
- Down Payment: $127,000
- Legal: $1,500
- Inspection: $1200
- Property Insurance: $2,040
- Immediate Repairs and Supplies: $5,000 PPI
- Staying Power Fund: $13,800
- NCF: N/A
- Total Cost To Close: $151,840
- Purchase Date: August 1, 2016
- Current Date: July 1, 2016
- Current Value: $635,000
- Investor's ROI: 60% or 12 per annum
- Investor's Profit (estimated): $91,074.92
- Other: This property produces 12% 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
Remarks: Your property produces $821 per month in positive cash flow at present mortgage terms. That's $49,260 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 2399 sqft property will produce $4600/month with the addition of the 2 income boosting suites, which will be tenanted with equity building long term tenants.