
About the property (MLS: 1268017):
Prime location.. High Visibility.. High Exposure. This lot may be the one you're looking for in beautiful Conception Bay south. (id:56688)
Property Details
MLS: 1268017
Listing ID: 26551934
Address: 376-378 Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X7A4
Status: Active
Last updated: a year ago ( Jun 3, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $4,200
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: [47.509914, -52.981422]
Listing ID: 26551934
Address: 376-378 Conception Bay Highway, Conception Bay South, Newfoundland & Labrador, Canada A1X7A4
Status: Active
Last updated: a year ago ( Jun 3, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $4,200
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: [47.509914, -52.981422]
Rooms
Basic Calculator
First Mortgage: $108,000
Mortgage insurance premium: $0
Total Financing: $108,000
Rough closing fee (1.5%): ~ $2,025
Total downpayment with estimated closing fee: $29,025
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $169 | $2,028 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-169 | $-2,028 |
| Net Operating Income (NOI) | $-169 | $-2,028 |
| 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).): $192,858


