Active

BOWER

60 Brown Close , Red Deer, AB

$1,050,000

Residential · MLS® A2325293
5Bedrooms
5Bathrooms
4,506Sq Ft
4Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

Facing a green area and sitting on one of the city’s largest lots, this home has had many renovations over the last several years. This is a great family home with five bedrooms, an indoor pool, an incredible kitchen, an attached garage and a 34’x28’ detached garage. The main floor has tile flooring throughout (which is heated in the kitchen, primary bedroom and ensuite). The kitchen is incredible and was redone approx. 8 yrs ago by KCB cabinets at a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area4,506 sq ft
Lot Size20,292 sq ft
ZoningR-L
HeatingBoiler • In Floor • Natural Gas
CoolingCentral Air
ParkingAlley Access • Double Garage Attached • Double Garage Detached • Driveway • Garage Door Opener • Heated Garage • Insulated • Oversized • RV Gated
ExteriorPrivate Yard
BasementFull
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$3,164After mortgage & expenses
Cap Rate8.1%Based on market rents
Cash on Cash Return18.1%With 20% down payment
Est. Monthly Rent$8,136Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BOWER

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Investment ScoreN/A
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Listed by Dale Devereaux · Century 21 Maximum