Want to Invest in Kaufman Lofts in Kitchener?

…here is some information you’ll need!

A real estate investor recently asked me why people like buying condos at the Kaufman Lofts in Kitchener, Ontario

Between the terrific location (across from the new Health Sciences campus at the corner of King and Victoria St in downtown Kitchener), the iconic nature of the property – Kaufman Footwear has been there since the early 20th century – and the premier rents the condos generate, they can make a great real estate investment.

Along with desireable addresses like the Bauer Lofts and 144 Park in Waterloo, Kaufman Lofts are a premier building in the region. 

Click Play to watch the video. This looks at the reasons investors like buying condos here, and goes through the potential cash flow that the rental unit can generate.

Let’s assume a real estate investor is looking at a 1 bedroom condo here. There are units available around $180,000 – a unit at this price is amongst the smallest available, but still in demand by buyers and tenants alike.

(These figures are all projections. Contact Benjamin for a personalized consultation)

kaufman lofts real estate rental analysis

The sheet above (click to enlarge it) shows us the assumptions we’re using:

$1200 a month in rent

$3000 condo fee and $1700 in property tax annually etc.

It also shows us the mortgage options – this investor is using a 20% downpayment, and getting a 80% LTV (Loan to Value) mortgage.

Now let’s look at the cash flow (click to enlarge):

kaufman lofts real estate rental analysis 2As we can see, a Kaufman Loft can generate a positive cash flow for a real estate investor, based on these figures.

Over 20 years, what will your return on equity be? Let’s look at another cash flow projection:

Click to enlarge

For more information on Kaufman Lofts and other condos in Kitchener, contact Benjamin Bach @ Benjamin@BenjaminBach.com, or call me at 519-772-4376

Why do Real Estate Investors like the Kaufman Lofts?

by Benjamin Bach, the Wealth Team on 10. Apr, 2010 in Featured Articles, Real Estate Investment, kitchener waterloo { Edit }

A real estate investor recently asked me why people like buying condos at the Kaufman Lofts in Kitchener, Ontario 

Between the terrific location (across from the new Health Sciences campus at the corner of King and Victoria St in downtown Kitchener), the iconic nature of the property – Kaufman Footwear has been there since the early 20th century – and the premier rents the condos generate, they can make a great real estate investment

Along with desireable addresses like the Bauer Lofts and 144 Park in Waterloo, Kaufman Lofts are a premier building in the region.  

Click Play to watch the video. This looks at the reasons investors like buying condos here, and goes through the potential cash flow that the rental unit can generate.
A real estate investor recently asked me why people like buying condos at the Kaufman Lofts in Kitchener, Ontario 

Between the terrific location (across from the new Health Sciences campus at the corner of King and Victoria St in downtown Kitchener), the iconic nature of the property – Kaufman Footwear has been there since the early 20th century – and the premier rents the condos generate, they can make a great real estate investment. 

Click Play to watch the video. This looks at the reasons investors like buying condos here, and goes through the potential cash flow that the rental unit can generate.
 

Let’s assume a real estate investor is looking at a 1 bedroom condo here. There are units available around $180,000 – a unit at this price is amongst the smallest available, but still in demand by buyers and tenants alike. 

(These figures are all projections. Contact Benjamin for a personalized consultation)
 

kaufman lofts real estate rental analysis 

The sheet above (click to enlarge it) shows us the assumptions we’re using: 

$1200 a month in rent 

$3000 condo fee and $1700 in property tax annually etc. 

It also shows us the mortgage options – this investor is using a 20% downpayment, and getting a 80% LTV (Loan to Value) mortgage. 

Now let’s look at the cash flow (click to enlarge): 

kaufman lofts real estate rental analysis 2As we can see, a Kaufman Loft can generate a positive cash flow for a real estate investor, based on these figures. 

Over 20 years, what will your return on equity be? Let’s look at another cash flow projection: 

Click to enlarge 

For more information on Kaufman Lofts and other condos in Kitchener, contact Benjamin Bach @ Benjamin@BenjaminBach.com, or call me at 519-772-4376 

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One response to “Want to Invest in Kaufman Lofts in Kitchener?

  1. Location is what rules here. Important for both – buyers and investors. And the most suitable nearby tenants , maybe buyers are students at the already mentioned campus – although it tries to attract mainly next doctors still there is a chance that during your studies you will get such a need too.

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