Estimated Cash Flow
$228.00/ month
Asking Price
$349,900.00
Potential Rent
$2,050.00/ month
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MD717190 Courtenay/Comox
230 8th Street, Courtenay, BC

Turnkey profitable franchise opportunity! The PITA PIT in Courtenay, BC has been in operation for more than 7 years. It has excellent financials and a long term affordable lease in a high-traffic Courtenay location. Great local customer base and well managed. Purchase includes equipment, local franchise rights, training, etc. Be part of a growing, healthy, quick-service franchise with over 400 locations worldwide.

Mortgage Financing

Purchase Price
$349,900.00
Interest Rate
4 %
Down Payment
$69,980.00
Amortization
30 years
Total Mortgage
$279,920.00
Mortgage Payments
$1,336.00

Monthly Variables

Rent Price
Rent (Mainfloor)Rent (Basement)
$1,250/month$800/month
Property Management Cost
0 %
Calculated Vacancy Rate
5 %
Monthly Maintenance Allowance
$100.00
Annual Property Tax
$2,800.00
Monthly Insurance Cost
$50.00
Net Monthly Cashflow
$228.00
Appreciation
3 %

Additional Purchase Costs

Legal Fees
$1,250.00
Inspection
$500.00
Appraisal
$400.00
Land Transfer Fees
$4,998.00
Total Purchase Costs
$7,148.00

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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