Estimated Cash Flow
$353.00/ month
Asking Price
$299,000.00
Potential Rent
$2,125.00/ month
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SU505129 Edmonton
11818 78 ST NW

Talk about a suite property! This home has a fully legal basement suite with separate laundry for the upper and lower living space. Thats going to result in happy occupants! Each suite has its own yard and entrance. One in the front, one in the back. This is really an up down duplex. Downstairs, the raised windows give a more open feel. Upstairs the property has had a nice cosmetic refresh - its ready to go. Move-in ready and looking good. The upper suite has a great deck thats nice and private with mature trees and landscaping. As a further bonus, the shingles have just been redone on the house and the garage prior to listing. Thats a big savings for you! Location wise there are nice infills close to the property and the convenience of having the LRT stop a block away is great for all kinds of occupants. Great turnkey property at a terrific price point, come take a look before its gone!

Suite Information

  • Suite
  • 1
Tenanted
No

Single Family

Utilities
$0.00

Mortgage Financing

Purchase Price
$299,000.00
Interest Rate
3.3 %
Down Payment
$59,800.00
Amortization
30 years
Total Mortgage
$239,200.00
Mortgage Payments
$1,048.00

Monthly Variables

Rent Price
Upper RentLower RentGarage Rent
$1,250/month$750/month$125/month
Property Management Cost
10 %
Calculated Vacancy Rate
5 %
Monthly Maintenance Allowance
$106.00
Annual Property Tax
$2,636.00
Monthly Insurance Cost
$80.00
Monthly Condo Fee
$0.00
Net Monthly Cashflow
$353.00

Additional Purchase Costs

Legal Fees
$1,200.00
Inspection
$500.00
Total Purchase Costs
$1,700.00

Rent

Mortgage Financing

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$
years
$
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Monthly Expenses

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$
$
$
$
$
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Additional Purchase Costs

$
Year 1 5 10 30
Cash Flow 0 0 0
Projected Appreciation 0 0 0
Mortgage Paydown 0 0 0
Condo Fees ($) 0 0 0
Net Gain: 0 0 0
Return on Investment: 0 0 0

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