Sunday, July 24, 2011
1300 Marigold - tenanted unit
Welcome home to a perfect town home in Central East-End,great value in this property which is close to schools/shopping.Open concept living, w/ 3 lg bed and a finished basement are great compliment to your growing lifestyle.Just imagine,owning this house for $1076/mth $0 down, less than rent!!!It is possible,this is the property for you! Take the first step and visit this excellent starter home and kiss your landlord goodbye!
Unit is already tenanted and rented at $1075 per month.
Condo town home
Condominium Fee - $245
Monthly rental estimate $1100
With 25% down, 2.3% variable rate mortgage, 30 year term,
P & I payment monthly is $519.55
condo fees $245
Total monthly carry - $916.72
POSITIVE CASH FLOW - $158.28