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116 VERNON ST
CASH FLOW POSITIVE TRIPLEX IN NELSON BC
The Strategy: Buy, renovate, raise rents, and hold long term in one of Canada BC's growing cities.
The detailed financial PDF Presentation can be downloaded above. The actual historical appreciation over the last 7 years is 5%, and the renovation on the second floor, which was just completed, grew the property value to $1,250,000 (the original asking price) within the first month of purchasing the property.
✓ Investor Requirement = $100,000 Minimum Investment
✓ Total Investment Required to Close = $362,865 between all investors
✓ Estimated Return on Investment = 17.5% per year total.
✓ Cash on Cash Return = 3.54% per Year (Cash Flow) $12,828 / In year . 1
✓ Expected 8 Year Total Return = $642,400
✓ Investment Hold Length = 8 Years
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