01 / Property Detail

REDWOOD

2161 Palm Road S, Lethbridge, AB

$2,250

Rental · MLS® A2291657
3Bedrooms
2Bathrooms
950Sq Ft
2Garage
1974Year Built
02 / Overview

PROPERTY OVERVIEW

Fully developed split level home in excellent condition

Avail. soon for the right family, a delightful 4 level split, 3 bedrooms, 2 baths, fully developed with a bonus room, & family room. Well kept, spacious kitchen, sliding doors to a big deck & yard. Appliances incld; fridge, stove, dishwasher, OTR microwave and AIR-CONDITIONING. Rent = $2,250 p/m + utilities, there’s a detached double, heated garage. NO students or roommates.

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03 / Details

PROPERTY DETAILS

Property TypeRental
Total Finished Area950 sq ft
ParkingDriveway • Parking Pad
BasementFull
Year Built1974
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,803After mortgage & expenses
Cap Rate966.1%Based on market rents
Cash on Cash Return4808.1%With 20% down payment
Est. Monthly Rent$1,813Based on comparable rentals
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05 / Location

REDWOOD

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

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Listed by MILES GODLONTON · Lethbridge Real Estate.com