OUR OFFICES

Address: 20 Circle Dr #90, St Albert, AB T8N 7L4

Phone: (780) 443-1161

Email: info@tiltgroup.ca

 

136 Avenue

Category
Renovation
About This Project

136 Avenue Edmonton, AB

  • Legal basement suite
  • Garage/back entryway for basement suite
  • 1250 square feet
  • 3 bedrooms upstairs
  • 1 full bathroom upstairs
  • 2 bedrooms downstairs
  • 1 full bathroom downstairs

 

 

CASH FLOW DETAILS

Purchase Price $467,500.00
Down Payment $93,500.00
Legal Fees $1,500.00
Total Cash Required To Close $95,000.00

Future Income
Main Floor Rent (incl utilities) $1,675.00
Basement Rent (incl utilities) $1,375.00
Pet Fee $50.00
Garage $250.00
Total Projected Monthly Rent/Income $3,350.00

Projected Monthly Expenses
Mortgage Payment 2.9% (30 yrs) $1,550.00
Insurance $90.00
Taxes $220.00
Total Projected Monthly Expenses $1,860.00

TOTAL PROJECTED MONTHLY CASH FLOW $1,540

 

* This projection does not include Utilities, Property Management Fees or Vacancy Allowance.