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Attention Investors: 30% ROI year over year. in Warner, Alberta

Large bungalow on great 100x100 lot. This is a 132 sqft bungalow with 3 bedrooms. Home has original hardwood floors, with work done to the house in the past few years. Includes a newer bathroom with jetted tub. With a large living room and a large yard, you can make this into your family home.

Think of this home as a great investment. Home is currently being rented out for $1,000 per month. Great rental cash flow possible. With 20% down, you are looking at around $360/month for the mortgage. ($20,000 down, 3.69% interest, 25 years) Add $85/month for taxes, and you are golden.

That is a 30% return on investment each year. Invest $20,000, and profit $6,000 per year. Invest that back into the mortgage, and have it paid off in no time.


Justin Myer
REMAX real estate - lethbridge
403.894.MYER (6937)

Type: Houses for sale
Province: Alberta 
City: Warner 
Category: Houses for sale
Houses for sale in Alberta
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