01 / Property Detail

JOHNSTONE PARK

42 Joice Close , Red Deer, AB

$369,000

Residential · MLS® A2281443
5Bedrooms
3Bathrooms
1,085Sq Ft
3Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

Are you looking for an investment property (11 year tenant), or a spacious family home? Do you need a house with room for family? This well maintained bi-level home with 5 Bedrooms and 3 Bathrooms is in a desirable neighbourhood close to schools, shopping and all the amenities Red Deer has to offer. The upper floor has a roomy master bedroom with a 4 piece en-suite. 2 additional bedrooms and a second 4 piece bathroom. A well equipped kitchen backs...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,085 sq ft
Lot Size4,385 sq ft
ZoningR-L
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorNone
BasementFull
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$514After mortgage & expenses
Cap Rate6.1%Based on market rents
Cash on Cash Return8.3%With 20% down payment
Est. Monthly Rent$2,149Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

JOHNSTONE PARK

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Blair Andrew · Royal LePage Network Realty Corp.