Income generating property in Burnaby B.C.
$275,000 New Price $255,000
This property has 14% ROI !!
This amazing property brings the highest cash return on your investment that you will ever find in the lower mainland.
- 2 bedroom corner suite on the top level.
- Located at 9584 Manchester Dr. Steps to Lougheed Mall & skytrain.
- Comes fully furnished or can be removed.
- Currently rented on a $2350/month income (huge cash flow!)
- Long term rental client with 3 years history with no vacancy.
- Over 900 sqft! Includes parking, storage.
Take advantage of this opportunity at today’s low interest rates before they increase!
Price including all furnishing, include beds, dining set, TV, sound system, sofa.
Feel free to contact us for more details by email info@cashflowforlife.ca
Cash Flow Analysis:
| Rental income | $ 2,350.00 |
| House cleaning | $ (280.75) |
| Tax | $(125.00) |
| Strata | $(243.00) |
| TV, Internet, Phone | $ (79.00) |
| Net Rent | $1547.25 |
| Using 20% down | $ 51,000.00 |
| cash flow | $685 |
| cash on cash return | 14% !!! |
Call Duncan 604-721-6676
