Estimated Cash Flow
$1,046.00/ month
Asking Price
$490,000.00
Potential Rent
$3,450.00/ month
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ZP710098 Edmonton
Edmonton, AB, T5A1L1

Fantastic new build home located in Northeast Edmonton! This legally suited single family home features a 3 bedroom, 2.5 bathroom suite on the main floor and a 1 bed, 1 bath suite in the basement with separate entrance! This home features many amenities available only to InvestorOnFire clients! For more information, please inquire today!

Suite Information

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

Single Family

Utilities
$350.00

Mortgage Financing

Purchase Price
$490,000.00
Interest Rate
2.6 %
Down Payment
$98,000.00
Amortization
30 years
Total Mortgage
$392,000.00
Mortgage Payments
$1,569.00

Monthly Variables

Rent Price
Rent (Mainfloor)Rent (Basement)
$2,300/month$1,150/month
Property Management Cost
8 %
Calculated Vacancy Rate
5 %
Monthly Maintenance Allowance
$0.00
Annual Property Tax
$275.00
Monthly Insurance Cost
$125.00
Monthly Condo Fee
$0.00
Net Monthly Cashflow
$1,046.00
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

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