All Forum Posts by: Zac Stuart
Zac Stuart has started 1 posts and replied 5 times.
@Scott Weaner, thanks for the input. the market is competitive and this is likely one of the deals where a small apartment building has come detached from a reasonable cash on cash return. thank you for your input.
Hi everyone, i'm looking for anyone to weigh in here and especially those from Ontario, the deal is $700,000 for a purpose built three unit in Kitchener Ontario. nice area. assume no major renos needed(i.e. roof furnace, windows). the building will be self managed
it is a 2 three bed units and 1 2 bed unit, it has a large garage big enough for 4 cars.
mortgage 525,000 @ 3.54% for 25 years = 2,632 per month
annual gross income = 45,555
annual expenses = 11,826
NOI = 33,628
debt service = 31,587
annual cash flow = 2041.22
cool. thanks megan
@Doug P. do you still do owner financing? in KW
hi all, i own one sfh duplex in thunder bay and am looking to get into the kitchener waterloo market. brrr sfh or multi family up to 1 million purchase price. also interested in mortgage investing (notes)
@Doug Pretorious do you still do rent to own's? or owner financing as you put it?