12041 & 12043 67 Street, Edmonton
1 of
-photo-
3DTour
3DTour2
mapview
Description
Details
Financing

Attention investors. Amazing opportunity to own both sides of this side by side duplex. With a total of 4 kitchens you can see why it generates such great monthly cash flow & properties like this are always in strong demand by investors or even home buyer live in one side and rent out the other to offset your mortgage.Upstairs is open & spacious with 3 bedrooms, the master having ensuite plus each side has extra bedroom & bathroom in the basement making total of 8 bedrooms & 4 bathrooms plus each side has its own laundry, garage & a separate entrance on the side to access the basement. As it already has 4 kitchens it would be cost effective to not only legalize the basement suites creating even more cashflow if you want, making it like 4plex, but it would add intrinsic value by making the suites legal. Roof shingles are brand new with warranty transferrable to buyer, plus carpet is also brand new too. Can rent as is but you would get higher rents if you were to freshen up the paint work first.

Asking Price
$

Down Payment
%  
$   129000

Interest Rate
%  

Amortization
yrs

Monthly Payment
$ 3027.62

CMHC Fee 2.4 %  
$ 70.96

More Options   
Rent
$   

Appreciation
%    

Property Tax
$    

Insurance
$    

Monthly Utilities
$    


Vacancy
%    

Management
%    
$   0

Maintenance
%    
$   0

Analysis
Cap Rate 0.91 %
Return on Investment-23.61 %
Monthly Cash Flow $ -2537.66

TOTAL ROI
(Principle Reduction, Appreciation, Cash Flow)
1 YR3 YRS5 YRS
0.56 %4.41 %12.15 %