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Cash Flowing Property with only 20% Down

Dan Wurtele

Living in Vancouver for the past 21 years it has been exciting to watch it grow into one of the most desirable cities in the world...

Living in Vancouver for the past 21 years it has been exciting to watch it grow into one of the most desirable cities in the world...

Feb 7 2 minutes read

There are a number of potentially great investment opportunities in Abbotsford that cash flow with only 20% down.  I like Abbotsford as an investment area thanks to the steady job market, high rents, strong economic forecast and property price point. 

If you're looking at a long term buy and hold property (5+ Years) it's great to find a property that has positive cash flow, is in a desirable area in a part of the province that has above average incomes and rents.  You can simply purchase a property, put great management in place and enjoy watching your tenants pay down the mortgage while the property appreciates in value.

Here is an example of a property available today that cash flows with the minimum required 20% down.

35172 LABURNUM AVENUE, Abbotsford Listed at $799,900.

I really like this 5 Bedroom home thanks to its desirable Sandy Hill / Bateman area location, the Legal 2 Bedroom suite and that it is only 14 years old and in great shape.  

Upstairs would rent for around $2,400 and the suite would get $1,200.  

With all expenses & revenues in place, this is how the property performs:

What this says is that for an initial investment of $183,180 (20% down plus closing costs and reserve fund) and based on a 3% appreciation, you can expect to receive around $40,000 per year based on a 5 year investment.   Your $180,000 cash in at the beginning could make $200,000 in profit.  That equates to 112% ROI.

If you have any questions about this property or would like to see how the numbers work on a different one, please feel free to reach out to me.

I've been investing in Real Estate for 6 years and really enjoy sharing what I've learnt.  

Ask Me Any Investing Question

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