Crossroads of Rutherford in Edmonton

Name: Sales in Crossroads of Rutherford started!
Start: 2020-09-29T07:34:42.964558+00:00
End: 2023-12-31T23:59:59+0000
Location: Crossroads of Rutherford

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Project info

Object ID: 9583

Finished at	August 2019
Price, m²	From 1930$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	4
Apartments	188
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

111,940$

Net profit

7,229$

Payback period

11.8 years

Avg property value increase per year

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About the project

Located in the beautiful community of Rutherford, Crossroads is minutes away from shopping, parks, schools and medical facilities, everything you could ever want is close to home. The wide selection of floorplans and homes styles means that there is a home here for everyone.