TownHome Near Costco/Amazon in Barrhaven

Investment 600,000.00
Down Payment 20% 120,000.00
Mortgage Loan 480,000.00

Furnished Rooms Rental

Monthly Yearly
Rental Income 3,350.00 40,200.00
Utilities 400.00 4,800.00
Property Tax - 3,370.00
Monthly EMI 30yr/5yr 5.50% 2,706.75 32,481.00
Net Profit/Loss (37.58) (451.00)

Regular Townhome Rental

Monthly Yearly
Rental Income 2,300.00 27,600.00
Utilities - -
Property Tax - 3,370.00
Monthly EMI 30yr/5yr 5.50% 2,706.75 32,481.00
Net Profit/Loss (687.58) (8,251.00)

Opportunity:
Invest ~18K for Basement to increase rent from $600 to $1200 to
build Washroon, Separate as Bedroom, and Kitchinette.

After Investment in Basement

Monthly Yearly
Rental Income 3,950.00 47,400.00
Utilities 400.00 4,800.00
Property Tax - 3,370.00
Monthly EMI 30yr/5yr 5.50% 2,706.75 32,481.00
Monthly EMI LOC/HELOC 7.00% 126.07 1,512.84
Net Profit/Loss 436.35 5,236.16
Current rent:
1. Master Bedroom w/ Ensuite $ 1,150.00
2. Second Bedroom $ 800.00
3. Third Bedroom $ 800.00
4. Open Basement (Bath in 2nd flr) $ 600.00
Total $ 3,350.00

Utilities:
1. Water - City of Ottawa $ 80.00
2. Hydro Ottawa $ 99.00
3. Gas - Enbridge $ 96.00
4. HWT Rental - Enbridge $ 44.00
5. Internet - Rogers 1.5 Gbps $ 57.00
Total $ 376.00

If the prospective buyers are interested in continuing the Room RentaI,

the seller can consider including the existing furniture as is along with
1 or 2 continuing tenants. Can even help find new tenants by pocession time.

This way, the buyer can own the property with full income from Day 1.