Glenn Simon Inc
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Glenn Simon Inc
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Glenn Simon Inc
 
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Detailed Information
   Style: Northmount
   Size: 1200 Sqft
   Price: $269,000
   Bedrooms: 5
   Bathrooms: 2.5
   Parking: Garage
  Detail

   
 
Detailed Information
    Address : NW
    City : Edmonton
    Phone No. : 1-888-780-5940
    Year Constructed : 1973
    Area : North East
    Appliances : 4
    Reserve Fund : N/A
    Condo Maintenance : N/A
    Foundation : concrete
    Construction : wood frame
    Roof : asphalt shingles
     Approximate Closing Costs :
     Down Payment : $67,250.00
 
Legal: $2,000.00
Inspection: $450.00
Property Insurance: $650.00
Immediate Repairs and Supplies: $20,000.00
Staying Power Fund: $6,700.00
NCF: N/A
Total Cost To Close: $97,050.00
Purchase Date: 4/30/09
Current Date: 3/30/09
Current Value: $269,000.00
Investor's ROI: 98% or 19.5% per annum
Investor's Profit (estimated): $95,085.56
Other: Edmonton is the top city in Alberta to invest in. Don't let market fear cause you to miss out on a great addition to your portfolio.

This property cash flows and is at a great price. Built in 1973 this 1200 sq ft home rents for $2100/month due to the super upper and lower suites. We already have a solid list of pre-screened tenants.
 
       
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  Remarks and Additional Information  
 
Remarks:
This property makes an outstanding $586.40 positive cash flow per month - that's over $35,000 in cashflow alone 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 is for the investor who can see that a little work will bring an excellent reward. With an ROI of nearly 100% or 19.5% per annum and incredible cash flow, this investment is a sure bet.
 
 
 
 
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