Description : 11 Apr, 2023
MLS® #1249717 There are a host of features that can make a house especially livable and valuable. For instance, this 2 unit home has a total of 5 bedrooms and 2 full bathrooms. It also has multiple paved driveways for loads of extra parking and convenience. It plete with nearly all the furniture and appliances to outfit both of the already rented units; each of which is very well maintained and spacious. All of these features help to make it a very profitable cashflow, or long-term, investment. To help explain those details, here's an analogy. I’m a hockey fan, so let's use that. A player's plus/minus rating is a good indicator of their performance. If a player scores three goals, but isn’t on the ice for any goals against, they would be a +3 rating. Which is fantastic in pro hockey, by the way. To translate that into investment terms, if you owned this property, rated yourself like a hockey player, and had a current mortgage product, you'd be +1300 dollars. Every month. You would probably also be captain of the all star team because those are incredibly impressive numbers. (id:24493)
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