Go-Getter Single Lady Shooting for Her OwnHome

Beverley is single woman who works in the Peterborough area and has recently had to move rentals as a result of her landlord selling.  She moved into a month to month rental but the increased rental amounts made her want to own her own home.  She is a hard-worker and is looking for a way to get into homeownership after the banks declined her and told her to come back to them in a few years due to her car loan.  Beverley has $20,000 saved for a down payment.


Beverley has an annual household income of $91,380.  She works for Y Drive, Peterboroughs only ride share provider, as a driver and has been with the company since October 2021.


Beverley has good credit but has a car loan that she needs to pay down to qualify for her own mortgage.  She will work with a Clover Properties approved mortgage broker to get mortgage ready within a four-year term.


Beverley found a great family home in family-friendly Norwood, Ontario. The detached property has 3-bedrooms and 1-bath. The house has been well-maintained and cared for. This home is located 10 minutes to the amenties in the town of Norwood or Havelock and is 25 minutes from downtown Peterborough.

Next Steps

If you can qualify for a $319,920 mortgage (based on a 20% down payment), and would like to earn about $870+ in monthly cashflow to help Beverley rent-to-own, please click the button below to indicate your interest in the deal.

Investment Property Highlights

  • Your investment is $81,080
  • Estimated annual return on investment is 29% (based on a mortgage rate of 4.40 and 30 yr amortization –approximated)
  • Your estimated NET profit $94,206
  • Your NET monthly cash flow is approx. $870+ a month
  • Tenant-buyers have $20,000 for the down payment
  • Tenant-buyers have a household income of $91,380

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Investment Property Highlights

  • Purchase price is $399,900 (estimated purchase price))
  • Target closing date is 30 days
  • Tenant-buyer agrees to pay $2,940 monthly
  • Tenant-buyer will buy this house in 2026 for $488,232