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15% DOWN - 28.11% cash/cash - 67.50% E.R.R. - $85,000 OF RENOS Private

1 week ago Houses for Sale Red Deer   7 views

$169,888

  • 15-down-2811-cashcash-6750-err-85000-of-renos-big-0
  • 15-down-2811-cashcash-6750-err-85000-of-renos-big-1
  • 15-down-2811-cashcash-6750-err-85000-of-renos-big-2
Location: Red Deer
Price: $169,888

-- little known program allows 15% down for revenue properties -- lenders are standing by, ready to advance mortgages on the property @ 1.50% (5 year term) -- property taxes are $1,323.96 -- $1,300 (RENT) - $110.33 (TAXES) - $592.68 (PAYMENT) = $596.99 monthly cash flows - $7,163.88 annual cash flows -- investors have their criteria when calculating cash flows: Capital Expenditures, Vacancy and Repairs/Maintenance and other items -- I have supplied basic financial info for property -- for other QUALIFYING INCOME PROPERTIES allowing 15% down, CLICK ON "VISIT WEBSITE"

ABOUT THE PROPERTY:

-- PROPERTY HAS $85,000 OF RENOVATIONS -- ALL CAPITAL EXPENDITURES HAVE BEEN DONE -- BECAUSE OF UNUSUAL CIRCUMSTANCES THIS PROPERTY WILL BE SOLD AT A SUBSTANTIAL LOSS

ABOUT THE MARKET:

-- 2020 PRODUCED RECORD SALES AND PRICES FOR CENTRAL ALBERTA INCOME PROPERTIES

-- SELLING YOUR INCOME PROPERTY ?

-- PROFIT FROM OUR KNOWLEDGE WITH OUR TEAM'S 38 YEARS OF REAL ESTATE EXPERIENCE

For more information, offer submission or viewing times contact:

DEBORAH HANSEN "Forged By Experience. Defined By Results"

Additional Details

Bedrooms 4
Bathrooms 2
Property Address 308 Terrace Park, T4P1C9, Red Deer, AB