About the property (MLS: 1247084):
Well located in a mixed use area near the Topsail Road arterial in the City of Mount Pearl. Backs onto the Branscombe Pond.If HST is applicable it will the responsibility of the purchaser. Any offer is plus hst. All measurements are to be confirmed by the Purchaser (id:56688)
Property Details
MLS: 1247084
Listing ID: 24746649
Address: 0 Blackmarsh Road, Mount Pearl, Newfoundland & Labrador, Canada A1E1S2
Status: Active
Last updated: a month ago ( Nov 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.528624, -52.784247]
Listing ID: 24746649
Address: 0 Blackmarsh Road, Mount Pearl, Newfoundland & Labrador, Canada A1E1S2
Status: Active
Last updated: a month ago ( Nov 5, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.528624, -52.784247]
Rooms
Basic Calculator
First Mortgage: $61,800
Mortgage insurance premium: $0
Total Financing: $61,800
Rough closing fee (1.5%): ~ $1,159
Total downpayment with estimated closing fee: $16,609
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $97 | $1,164 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-97 | $-1,164 |
Net Operating Income (NOI) | $-97 | $-1,164 |
Capitalization Rate | -0.13% | -1.51% |
Capitalization Rate: -1.51%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $110,358