$1000 month Cash Flow with Investment Property in Calgary!
Saturday, February 25th, 2012My 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
