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Detailed Information
- Style: Forrest Heights
- Size: 2135 SqFt
- Price: $692,000.00
- Bedrooms: 2+2+2+2
- Bathrooms: 4
- Parking: Parking Pad
Detailed Information
- Address: South Central
- City: Edmonton
- Phone No.: 1-888-780-5940
- Year Constructed: 1963
- Area: Forest Heights
- Appliances: 12
- Reserve Fund: N/A
- Condo Maintenance: N/A
- Foundation: Concrete
- Construction: Wood frame
- Roof: Asphalt
- Approximate Closing Costs: $156,400
- Down Payment: $156,400
- Legal: $1,500.00
- Inspection: $1,200.00
- Property Insurance: $1,200.00
- Immediate Repairs and Supplies: TBD
- Staying Power Fund: $12,000.00
- NCF: N/A
- Total Cost To Close: $156,400
- Purchase Date: MAY 1, 2017
- Current Date: April 1, 2017
- Current Value: $692,000.00
- Investor's ROI: 58% or 12% P.A
- Investor's Profit (estimated): $90,462.00
- 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 $832 per month in positive cash flow at present mortgage terms. That's $42,480 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 2,135 sqft property will produce $4,000/month with the 4 income boosting suites. The great area ensures they'll be tenanted with equity building long term tenants.