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Updated over 3 years ago,
Deal analysis - Alberta Canada
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