Usually our investments are break even or cash flowing but sometimes there comes a deal where the leverage is so spectacular it makes up for the negative cash flow.
With careful planning you can get into an Edmonton investment property for a 2.3% down payment, allow for negative cash flow and still have your investment under $40,000. Then take the money you saved by avoiding the conventional 25% down payment to get into another investment property. This is one of those rare gems.
Download This Great Property's Proforma or Contact Us Now To Secure This Incredible Deal
This property has an incredibly low down payment at 2.3%. Total investment capital required $37,256 is only 12% of purchase price.
However, using a conventional 25% down payment the total investment would be $82,600 this money maker would produce $78.72 in positive cash flow.
Objectives and Summary
To purchase quality Real Estate investment properties in the economic powerhouse
region of Edmonton, Alberta (Top Town In Alberta To Invest In). Here is an opportunity to leverage your capital by purchasing a quality property requiring only a $7,000 down payment, 2.3% of the purchase price. Implementing a buy and hold strategy for capital gain and equity appreciation over a 5-year term.
The Benefits
Gorgeous half duplex, two storey located in desirable South Terwillegar. The low down
payment and no condo or HOA fees makes this investment very attractive. South Terwillegar is in the southern part of Edmonton and near a main feed of the Anthony Henday ring road, not only will this positively affect property values but the convenient location will greatly improve tenant’s commute. This house is another solid equity producing investment like every investment Glenn Simon Inc offers.
*You must qualify with the TD bank to assume this mortgage.
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