See how much this buyer is making on this investment.

Below we give you the financial information on this sale of a 6 unit property. This one had 8 offers and sold for a good bit over the asking price. We see this happening all the time right now.

Great time to sell your income property, condition no option !!

West End Ottawa
6 Unit Building Sold November 2019
Listed Price $699,900

Selling Price $857,500
Scheduled Rental Income (SRI) $67,984
Effective Rental Income (ERI) $65,944
Total Operating Expenses (TOE) $25,664
Net Operating Income (NOI) $40,280
Capitalization Rate (CAP) 4.7%
Operating Expense Ratio (OER) 39%
Sales Price X Net Income 21
35% Downpayment $300,125
Mortgage (@ 4.8%) $557,375
Annual Debt Service (mortgage payments) $38,143
Cash Flow +$2,137
Return on Investment (ROI) +0.7%

Other: Very busy road, limited revenue upside, deferred maintenance