This income property in Heron Park, Ottawa had 12 units and sold in February, below are the financials.
This month we are giving you two possible scenarios, one with a 20% downpayment and the other with a 35% downpayment. You can see the difference it makes to the ROI and cash flow.
The image below shows you the two scenarios laid out side-by-side. You can see that the 35% down gives the buyer a positive cash flow of $28,000, while the 20% down gives a negative cash flow of 5,500.
This building had a decent Cap Rate of 4.4%.
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