Cash flow in Edmonton is possible

[ChrisDavies]

Your $56,500 investment in this 1120 sq ft three-bedroom townhome will produce an estimated $85,960 cheque back to you in 3-5 years. That`s an estimated Return on Investment (eROI) of 53% or 18% Per Year! (For the REIN members in the audience, that`s based on 3 years of 8% average growth and reinvestment of the cash flow.) By choosing the right location and finding a motivated vendor, this investment is projected to yield an annual positive cash flow of $1,584 during the first year and $3,600 during the second.

This professionally renovated three bedroom main floor townhouse with over 1100 square feet is an end unit with over $30,000 in upgrades. Highlights include:

• New doors and casings
• New windowsgo
• Hardwood flooring (living and dining rooms)
• New countertops
• 2-sided wood burning fireplace
• 2 walk-in closets
• Large exterior storageSpacious outdoor patioMature treesNew Oak kitchen cabinetsModern track lighting3 new appliances and in-suite laundryRenovated bathroom with single oak vanity and new tub surround

This warm home is located in the community of Summerlea, a quiet community nestled between two shopping complexes, and shares the neighbourhood with several retirement complexes and single-family homes. Close to schools, transit, a hospital and West Edmonton Mall, this unit is well positioned to attract high quality, equity-building tenants. Only minutes from the Whitemud Freeway, Yellowhead Trail, and the Anthony Henday, this area will continue to show excellent value and is well positioned to benefit from the growing Edmonton economy.

Professional property management and an experienced investment team make this a completely hands off investment, but also allow the new investor a chance to learn from a trusted and successful team.

This unit is current rented so you will see positive cash flow from day one!

See pictures at summerlea-townhome.blogspot.com

More information is avilable upon request by email: [email protected]