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Updated over 3 years ago on . Most recent reply

User Stats

165
Posts
137
Votes
Maksu Ize
  • Investor
  • Vancouver
137
Votes |
165
Posts

Deal analysis - Alberta Canada

Maksu Ize
  • Investor
  • Vancouver
Posted

What are your thoughts:

Multiplex, 4 units.

500k list

45 years old

Red Deer Alberta

100k pop, consistent slow growth.

Low vacancy rates

No renos required

1.5hr flight from my location

925$/per door rent

3700$ total IN

1800 mortgage (20% heloc, 80% loan)

290 utilities

530 taxes

200 insurance

200 Repairs

200 Etc

3200$ total OUT

Net 500/mo

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