12 Units - Oshawa, ON
Return on Investment: 233%
Purchase Price: $815.000
Current Market Value: $1,200,000
Total Investment: $165,000
Cash Flow: $2,000 per month
Mortgage Paydown: $1,250 per month
The Opportunity: This property presented upside potential as it suffered from deferred maintenance and a poor tenant profile. With limited capital improvements, and the eviction of trouble tenants, the property underwent a rapid transformation. A favorable VTB was secured to make this an even more lucrative investment.