We are a home purchase group obtaining reduced properties on a weekly basis all over Ontario. We are presently desiring a customer for a fully-rented duplex in Essex Region.
Offer specifics.
2 two-bedroom units.
Tenants pay energies.
Legal and turn-key.
Investor Price: Total $68,000 ($65,000 property purchase rate + $3,000 task cost).
Yearly Revenue: $12,000.
Vendor will certainly take back a second mortgage of $13,000.
Investor Benefits.
Cash-on-Cash Return: over 25 %.
Cap Price: over 10 %.
GRM: less compared to 6.0.
Cost each Device: under $33,000.
Coverage Ratio: 1.7.
Call or email us now to include this wonderful home to your profile before it's gone.
Or call or email us about various other cash-flowing properties.