8315 119 Avenue, Edmonton
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Description
Details
Financing

This solid home is in a central location with established trees lining the avenue and bike lanes so the roads have less traffic and are quieter. Low maintenance landscaping as much of the front is concreted providing ample parking plus there are mature fruit trees in rear yard. Upstairs, a humongous living room features brick fireplace (not used) along one wall and separate dining room at one end even though there is an additional eating area in the enormous kitchen area. Three large bedrooms up plus 3 more bedrooms down, total two kitchens and 2 bathrooms and offering over 1200 square feet on the main level so that makes over 2400 square feet of livable space in total. That is big. Downstairs you have additional living room with decorative wood panelling lining the walls proving unique ambiance.

Asking Price
$

Down Payment
%  
$   15000

Interest Rate
%  

Amortization
yrs

Monthly Payment
$ 1597.43

CMHC Fee 4 %  
$ 61.44

More Options   
Rent
$   

Appreciation
%    

Property Tax
$    

Insurance
$    

Monthly Utilities
$    


Vacancy
%    

Management
%    
$   0

Maintenance
%    
$   0

Analysis
Cap Rate 2.86 %
Return on Investment-70.60 %
Monthly Cash Flow $ -882.54

TOTAL ROI
(Principle Reduction, Appreciation, Cash Flow)
1 YR3 YRS5 YRS
38.33 %126.81 %232.04 %