EARN 10% ROI

2023 (July 1st) Minimum Rents of Units

U1 – 2bd & 1bth - $1640/m (Tenant pays Gas & Electric)

U2 – 2bd & 1bth - $1793/m (Tenant pays Gas & Electric)

U3 – 2bd & 1bth - $1870/m (Tenant pays Gas & Electric)

U4 – 2bd & 1bth - $1896/m (Tenant pays Gas & Electric)

U5 – 2bd & 1bth - $1870/m (Tenant pays Gas & Electric)

U6 – 2bd & 1bth - $1947/m (all utilities included)

------Coin-Op laundry (for U1) $70/m

$11,086/m = Monthly Revenue (Starting July 1st 2023)

Yearly Revenue = $133,032

Current/Recent AVG FIXED/Committed Monthly Expenses

$661/m (Property Taxes) as it is $7934/yr (2022)

$525/m (Water, sewer, and common building utilities of gas & electric for hallways)

$ 70/m (Tank rentals for U5 & U6 only)

$142/m (Building wifi)

$565/m (Insurance)

$1,963/m -Fixed Expenses Estimate per Month

Estimated Yearly Expenses = $23,556

NET = $109,476/yr ($133,032 - $23,556) -estimate

With $1,600,000 VTB 1st MTG at 3.09% = $49,440/yr (Interest only for MTG for 2yrs, with option for up to 18more months at 4.99%)

NET NET = $60,000/yr ($109,476 - $49,440)

-NOTE: Some figures above are estimates. Compiled and to be referenced without prejudice.

1115 HOWARD AVENUE, WINDSOR, ON, N9A 1S6 • LISTED AT: $2,199,999 (CB 2.5%)

EARN 10% Return on your $600k Down Payment - See ABOVE Finance & Earnings Details. Newly Renovated 6-Plex Residential Building (All Huge 2bd Units w/U1-to-U4 could be future 3bds). Top Market Rents & A+ 2022 signed with Tenants/Tenancies paying their own Electric & Gas. Over $600,000 in our 2022 renovation/transition project including interior NEW Flooring, Granite kitchen counters & upgrades, Stainless Steel Appliances w/W&D hook-ups in units, Bathrooms w/luxury Shower Panels, Custom blinds, Pot Lighting, & MUCH more. Exterior upgrades w/NEW Roof Shingles, Front Tower Facade, Eavestroughs, Shed, etc. NOTE: Similar nearby brand new 6-plex buildings valued approx $2.9Mill; whereby this building is also now finished w/new quality & worry-free renovated amenities accordingly. Call L/S Al Teshuba at 519-259-9322 Today. (Al is also a minority owner). NET income is over $109K in 2023! EARN NET NET $60K/yr, w/Sellers providing VTB MTG (Interest Only Payments for 2yrs) at just 3.09% w/$600K DP, OR other DP & VTB & extension rates options available. VISIT: 1115Howard.com or 6PlexinWindsor.com for Videos of Units, more pics, 3D TOUR, & Floor Plans. VISIT: 1115Howard.com or 6PlexinWindsor.com for Videos of Units, more pics, 3D TOUR, & Floor Plans.

CALL: 519.259.9322 teshuba@sympatico.ca www.LCPlatinumRealty.com