113 Auburn Avenue

Corso Italia

Turn-Key Property with 3 Self-Contained Units

Why this property is a good investment

Opportunity
  • Fully renovated with permits and completely turn-key; start collecting rent on day one
  • Listed as a duplex on MPAC which will make mortgage qualification easier
  • Three self-contained units provide extra rental income vs. one single-family residence rental
Location

The Units

1. Upper Floor

  • 1 bed + 1 bath
  • Separately metered for gas and hydro
  • Private laundry
  • Current rent: $1,900/month

2. Main Floor

  • 1 bed + 1 bath
  • Separately metered for gas and hydro
  • Private laundry
  • Currently vacant
  • Market rent:  Approx. $1,700/month

3. Lower Floor

  • 1 bed + 1 bath
  • Separate entrance
  • Current rent: $1,250/month

The Financials

  • List price: $1,249,000
  • Estimated selling price: $1,240,000
  • No offer date!

Next Steps

Contact your Volition team member or send an email to info@volitionprop.com to discuss how this property fits into your real estate investing goals.

1,240,000

Asking Price
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI
Start investing now

Key Details

Status
Available
Asking Price
1,240,000
Predicted Selling Price
1,240,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI

VIP Property Analyzer

Initial Investment Required

$294,140

Monthly Rents

$4,850

Monthly Expenses

$ 717

Monthly Mortgage Payment

$ 3,568

Monthly Cashflow

= Rent - Expenses - Mortgage

$ 565

Investment Analysis

Cash-on-Cash ROI

1 year Cashflow
Annualized Cash-on-Cash ROI

Equity-on-Cash ROI

1 year Mortgage Paydown
Annualized Equity-on-Cash ROI

Appreciation-on-Cash ROI

1 year Appreciation Return
Annualized Appreciation-on-Cash ROI

Total Annual Return

Total 1 year Profit
Total 1 year Annual ROI

Capitalization Rate

0%

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Whether you’re a first time investor or a seasoned pro, our experts can help!



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