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
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| 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
