Tuesday, February 23, 2010

High Cash Flow from Small Apartments

Coming back to a popular feature here, I have started my high cash flow, small apartment listings again.  I have decided to up my criteria significantly this time around, to weed out some less desirable listings.  In my first attempt at the new format I bring to you a whopping 2 listings. 

Both have above average cap rates and produce very good monthly cash flows.

Eganville - $1,235.04 (fully rented)

Brockville - $2,136.55 (units are empty and need to be rented)

*** based upon a fixed 35 year mortgage with 3.25% interest rate

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