The Victoria Real Estate Investing Group (REI) Message Board › Cash Flow Property under $400,000
Have a look at www.2245pyrite.com
This house has 2 x three bedroom suites and will rent for an estimated $2400/month. I have an almost identical property just down the street.
With 20% down a 30 year variable rate mortgage at 3% will carry for $1349.13. (and you should be able to get a better interest rate than that). Throw another estimated $300/month in for taxes and insurance and you're up about $750/month.That's not so bad.
If you have any questions or want to have a look let me know.
"Referrals are the foundation of my business and the best thanks I can receive. Please feel free to let your friends, family and coworkers know if you are happy with the service you receive, and let me know if you aren't."[/url]
Josh Prowse P.R.E.C.
To Sell Your House
Talk To Josh Prowse
Free investment group at www.realestate.meetup.com/474