Return on Investment: 636%

Purchase Price: $327,000
Current Market Value: $900,000
Total Investment: $90,000 (reclaimed through re-fi)
Cash Flow: $1,000 per month
Mortgage Paydown: $1,000 per month

The Opportunity:  This property presented an opportunity to purchase 9 units at a price of $36,000 per door in a quiet residential neighbourhood located close to downtown.  Both the property and the tenant profile required some work, however, with a modest amount of renovations and selective tenant screening, the property quickly realized its full potential.