Pro Forma

Potential Rent $ 2,100.00

Expenses
Mortgage $ 913.92
Condo Fees $ 413.50
Taxes $ 80.00
Insurance $ 10.00
Property Management $ 210.00
Total Expenses $ 1,627.42

Estimated Monthly Cash Flow $ 472.58

Balance Interest Amortization Monthly Payment
Total Mortgage Balance $ 221,132.93 3.5% 35 $ 913.92
Property Info.
Location Fort McMurray - Downtown
Bedrooms 2
Bathrooms 1
Sq. Ft. 730
Parking 1 Underground Stall
Age 1974
Fireplace None
Appliances Included
Basement N/A
Tenancy Vacant

Purchase Details Purchase Costs

Asking Price $ 224,900.00 Legal Costs $ 1,000.00
Inspection $ 375.00

5% Down Mortgage $ 213,655.00

CMHC Fees (3.5%) $ 7,477.93
Total Mortgage Balance $ 221,132.93

Down Payment $ 11,245.00 Total Purchase Costs $ 1,375.00

Total Cash to Close $ 12,620.00

(Down Payment + Total Purchase Costs)
Appreciation @ 3.5%/Year Mortgage Paydown Projected Cashflow
Original $ 224,900.00 $ 213,655.00
Year 5 $ 267,110.65 $ 203,525.77 $ 28,354.70
Total Return Calculation
LandReal Enterprises Total Initial Investment $ 12,620.00
5 Year - Total Returns $ 91,939.58

Total - Return on Investment (ROI) 2117%

Summary of Most Important Numbers
Total Cash Required to Complete Transaction $ 12,620.00
Percent Down incl. ALL Purchase Costs (Leverage) 6%
Cash on Cash Return (Year 1) 45%