Estimated Cash Flow
$315.00/ month
Asking Price
$490,000.00
Potential Rent
$2,800.00/ month
  • Property Details
  • Calculator
  • Inquire

FP204782 Edmonton
Devon, AB, T9G0M3

Great opportunity for investors in beautiful Devon!  This suited home features a 3 bedroom, 2.5 bathroom upper suite with a legal 1 bedroom, 1 bathroom basement suite.  Many exclusive upgrades already negotiated for our clients and included in the purchase cost: including fencing, landscaping and appliances.

Suite Information

  • Suite
  • 1
  • 2
Bedrooms
3
Bathrooms
3
Tenanted
No
Bedrooms
1
Bathrooms
1
Tenanted
No

Single Family

Utilities
Paid by Tenant

Mortgage Financing

Purchase Price
$490,000.00
Interest Rate
3.19 %
Down Payment
$98,000.00
Amortization
30 years
Total Mortgage
$392,000.00
Mortgage Payments
$1,693.00

Monthly Variables

Rent Price
Rent (Mainfloor)Rent (Basement)
$1,800/month$1,000/month
Property Management Cost
10 %
Calculated Vacancy Rate
4 %
Monthly Maintenance Allowance
$30.00
Annual Property Tax
$3,300.00
Monthly Insurance Cost
$95.00
Monthly Condo Fee
$0.00
Net Monthly Cashflow
$315.00
Appreciation
3 %

Additional Purchase Costs

Legal Fees
$1,250.00
Total Purchase Costs
$1,250.00

Rent

Mortgage Financing

$
%
$
years
$
$

Monthly Expenses

%
%
$
$
$
$
$
$
%

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

By entering your information and requesting an account on this site you are giving express permission to receive emails from Investor On Fire, Alberta On Fire, AREO and any of it's affiliates regarding company info, company announcements, changes to the website, product offerings, Economic updates, and newsletters. You are able to opt out of these emails by using the unsubscribe button at the bottom of each email.
Disclosure: Some links, referrals and agreements may be affiliate links, meaning at no additional cost to you, Investor LIfe Inc. may make a commission.
I/We agree that: InvestorOnFire operating from Professional Realty Group may receive a Referral Fee or Benefit for making this referral as a result of any future Purchase or Sale of a property, lease of a property, approved mortgage, completed by the Referred to brokerage.

I agree to terms and conditions listed above.