1-29 Barley Road
Conception Bay South, NL, A1W0G2
$1,000,000
About the property (MLS: 1262413):
Located in CBS Industrial Park 3.5 acres commercial land on corner of Fowlers Road and Barley Road. (id:56688)
Property Details
MLS: 1262413
Listing ID: 25959747
Address: 1-29 Barley Road, Conception Bay South, Newfoundland & Labrador, Canada A1W0G2
Status: Active
Last updated: a year ago ( May 15, 2024 )
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: No heat
Price per sq ft: $∞
Tax Annual Amount: $5,941
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: No heat
Common Interest: Freehold
Business Type: Industrial, Other
Number of photos available: 1
Rurl
Coordinates: [47.503732, -52.918991]
Listing ID: 25959747
Address: 1-29 Barley Road, Conception Bay South, Newfoundland & Labrador, Canada A1W0G2
Status: Active
Last updated: a year ago ( May 15, 2024 )
Property Type: Business
Structure Type: Other
Ownership Type: Freehold
Heating: No heat
Price per sq ft: $∞
Tax Annual Amount: $5,941
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Heating: No heat
Common Interest: Freehold
Business Type: Industrial, Other
Number of photos available: 1
Rurl
Coordinates: [47.503732, -52.918991]
Rooms
Basic Calculator
First Mortgage: $800,000
Mortgage insurance premium: $0
Total Financing: $800,000
Rough closing fee (1.5%): ~ $15,000
Total downpayment with estimated closing fee: $215,000
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,250 | $15,000 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-1,250 | $-15,000 |
| Net Operating Income (NOI) | $-1,250 | $-15,000 |
| Capitalization Rate | -0.13% | -1.50% |
Capitalization Rate: -1.50%
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).): $1,428,572
