Clayton House for sale: Clayton Village 6 bedroom 2,847 sq.ft.

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• Property Value$524,900
• Property Address6719 193B Street, Clayton Village, Cloverdale, British Columbia, V4N 5W5, Canada
• TypeHouse
• Style2 Storey plus Basement
• BasementFully Finished
• Parking2 cars
• Year Built2008
• Est. Property Tax1978

• Living Area2,847 sq.ft.
• Lot Size Area2,808 sq.ft.
• Bedrooms6
• Bathrooms4 full & 1 half

Clayton Address

6719 193B Street, Clayton Village, Cloverdale, British Columbia, V4N 5W5, Canada

Description

Custom built finished COACH HOME in desirable East Clayton. Fully finished 3 levels, plus large legal suite above garage. Beautiful kitchen with granite countertops and undermount sink. Granite entry, ceilings drops, perf nylon non allergic carpet, fully fenced lot, 3 bedroom and 2 baths on top floor, master has 5pc ensuite including jetted tub. Outside BBQ natural gas quick connect. Basement has unauthorized accomodation as well.


Coach Home – Performance Statement

Cost
Price: $524,900.00
Plus Appliances: $15,000.00
Price With suite, appliances and GST: $566,145.00
Down payment (25%): $141,537.00
Mortgage: $424,608.00
Monthly Payment: $1785.15(Calculated at 3.65% over 35 years)
Estimated Monthly Taxes: $265.00
Monthly cost with taxes: $2100.00

Expected Rent (Conservative Estimates)
Upstairs: $1,600.00
Basement (Unauthorized suite): $800.00
Coach House $700.00
Total: $3,100.00
Subtract Monthly cost $2100.00
Positive cash flow: $1000.00

Initial investment
Down Payment: $141,537.00
Property Transfer Tax:: $9000.00
Legal Fees and additional Closing Costs: $4,463.00
Total cost of investment: $155,000/00

Yearly Return On Investment:
$1000.00 per month = $12,000.00 per year
8.3% on $165,000

Cost to finance $155,000 = $650.00 monthly
$1000.00 - $650.00 leaves $350.00 positive cash flow with ZERO DOWN.

Features

Disposal - Waste, Fireplace Insert, Garage Door Opener, Intercom, Jetted Bathtub, Security - RI, Smoke Alarm, Vacuum R.I.

Listing Provided By

RE/MAX Treeland Realty