Estimated Cash Flow
$456.00/ month
Asking Price
$799,900.00
Potential Rent
$3,866.00/ month
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DB531522 Vancouver
46198 Mellard Ave Chilliwack BC

Investor Alert!!! Fully tenanted cash flowing Legal 4 plex on a large lot. Located only a few steps to Chilliwack Senior Secondary, and close to Chilliwack Middle School and Chilliwack Central Elementary your new investment property is spectacularly located. Boasting a walkscore of 78 your new portfolio builder is close to downtown Chilliwack and has all the amenities your tenants will need. Tons of parking, including two carports and ample street and driveway spots. Many recent updates have been done. Don't delay JUMP on this investment opportunity today.

 

**Open House Saturday July 15th 1pm-3pm**

Multi Family

Utilities
$322.00
Number of Suites
4

Mortgage Financing

Purchase Price
$799,900.00
Interest Rate
2.36 %
Down Payment
$159,980.00
Amortization
30 years
Total Mortgage
$639,920.00
Mortgage Payments
$2,482.00

Monthly Variables

Rent Price
Rent
$3,866/month
Property Management Cost
10 %
Calculated Vacancy Rate
2 %
Monthly Maintenance Allowance
$193.00
Annual Property Tax
$1.85
Monthly Insurance Cost
$277.00
Net Monthly Cashflow
$456.00
Appreciation
3 %

Additional Purchase Costs

Legal Fees
$1,200.00
Legal Fees
$13,580.00
Total Purchase Costs
$14,780.00

Rent

Mortgage Financing

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Additional Purchase Costs

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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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