Calgary Rent To Buy is pleased to offer this amazing opportunity to an investor looking for a hands free investment providing very significant monthly cashflow of $1195.00.
This property is available at approximately $80,000 below appraised market value. The requirement from the investor is the down payment of $54,925.00(including closing costs) and qualifying for financing on a $200,000.00 mortgage.
The return that the investor will realize is an expected 28.5% annual cash on cash return and a 26% average annual ROI. The home is in prime condition and the tenant buyers are currently living in it. They have had an unfortunate business failure that they are working through.
Both are employed with steady high paying jobs. The property is in Shellbrook, Saskatchewan. Shellbrook is approximately 50 kms from Prince Albert, Saskatchewan’s third largest city.
This opportunity is in conjunction with our CAROP partners HOS Financial and they have structured the 5 year term to position the tenant buyers to close out successfully. This includes a lender in place that has agreed to fund the clients once they have been discharged from the required bankruptcy. The tenant buyers will be exiting with 25% down.
This opportunity is time sensitive and will move fast. To inquire further, please contact us ASAP. The appraisal and Investor proforma are included for further information.