Posts Tagged ‘investment property pembrooke se up down duplex fastest lender robin clegg real estate financing lympian biathlon fastest mortgage’

$1000 month Cash Flow with Investment Property in Calgary!

Saturday, February 25th, 2012

My friend, and FASTEST lender in Canada, Robin Clegg and I recently sat down to talk real estate, investment property, and financing.
Robin is a three time Olympian in Biathlon … which makes him Canada’s fastest mortgage broker. I dare anyone to disprove it. 🙂

We discovered that this up down duplex with a double car garage in 111 Pennsmeadows CL, SE, Penbrooke Property can generate $1000 a month in cash flow!

INVESTMENT PROPERTY SUMMARY

Cash Flow with 5% down payment ($12,950): $853.87/month

Cash Flow with 10% down payment ($25,900): $908.96/month

Cash Flow with 20% down payment ($51,800): $1019.14/month

Investment Details

Hedge against rising interest rates by considering a 10 year term @ 3.89%, 20% down payment, creating a monthly cash flow of $1000.61!

*** Subject to approved income and credit verification, Rates subject to change without notice E & OE

http://tinyurl.com/779w2y8 – For more info


Bryon Howard, RE/MAX House of Real Estate
20, 2439 54 Ave SW, Calgary, Alberta, T3E 1M4
Tel: 403-287-3880 (Re/Max) or 403-475-7368 (office) Fax: 403-287-3876 or 403-276-8049 (office)
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board
MLS® MLS REALTOR® Realtor
Trademarks used under license from CREA