Fletcherdon duplex

Location: 83 Fletcherdon Crescent, North York
Bedrooms: 6
Bathrooms: 3
Available Parking: Garage
Air Conditioning: Yes
Laundry Available: Private en suite
Basement: Yes
Outdoor Space: Yes
Floors: 3 (2 separate suites)

 


YEARLY OPERATING NUMBERS (2011)

Purchase price $358 000
Down Payment required $84 995
Rent $2 725/month
Mortgage pay down $468/month
Monthly Cashflow $317/month

SALE OF BUILDING NUMBERS (2016) – $456 908
If the property values grow by 5% per year for the next 5 years, the property will be valued at $456 908. Mortgage owing would be $259 041.

Estimated Equity (2016) $197 567
Less down payment returned $84 995
Gross Profit $112 872
ROI 133% (5 years)/26.5% (annual)

 

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