We just published a new video about the Kaufman Lofts, but if you didn’t see that lets take a look at the cash flow from an investment in these Kitchener Condos.
Let’s assume a real estate investor is looking at a 1 bedroom condo here. There are units available around $180,000 – a unit at this price is amongst the smallest available, but still in demand by buyers and tenants alike.
(These figures are all projections. Contact Benjamin for a personalized consultation)
The sheet above (click to enlarge it) shows us the assumptions we’re using:
$1200 a month in rent
$3000 condo fee and $1700 in property tax annually etc.
It also shows us the mortgage options – this investor is using a 20% downpayment, and getting a 80% LTV (Loan to Value) mortgage.
Now let’s look at the cash flow (click to enlarge):
As we can see, a Kaufman Loft can generate a positive cash flow for a real estate investor, based on these figures.
Over 20 years, what will your return on equity be? Let’s look at another cash flow projection:
Click to enlargeFor more information on Kaufman Lofts and other condos in Kitchener, contact Benjamin Bach @ Benjamin@BenjaminBach.com, or call me at 519-772-4376
Related Real Estate Investment Articles:
Real Estate Investment Tip: Raising Rent on Rental Units in Ontario
144 Park New Luxury Condos in Waterloo
Top 10 Reasons to Invest in Kitchener Waterloo Real Estate
Bauer Lofts, new luxury condos in Waterloo, Ontario
3 Things You Should Look For Before Investing in a Condo in Kitchener Waterloo