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Beautiful House by the Lake in Orillia that Cashflows

AndreiAngelkovski

0
REIN Member
Joined
Sep 18, 2007
Messages
297
An excellent opportunity for you or someone you may know who wishes to own a house by the lake in Orillia...A passive investment opportunity that requires approximately $51,400 to close.
Investment Summary:


Property Data:

Purchase Price: $255,000
Legal Duplex with an opportunity to convert to Triplex in future
Closing Date: September 24, 2008
City: Orillia
Neighbourhood: Two houses from the Lake

Income & Expense Details:

Estimated Rent: $2300
Estimated Operating Expenses: $925
Estimated Financing Costs: $1153 (15% down payment, 5.5% interest rate, 40 yr amort.)
Estimated Cashflow: $222 / month


If you are interested to learn more about this opportunity or wish to receive a detailed presentation package please feel free to call me 416-885-2010.

All the best!
 
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