About the property (MLS: 1268944):
This modern style 2 story with a 15 x 21 attached garage is starting soon in Galway Living Subdivision. Fully landscaped. The main level features open concept dining area, foyer, dining area, kitchen, living area, office and bath. The 2nd level features master bedroom with ensuite & walk in closet, 3 additional bedrooms, laundry and main bath. The exterior includes brick and wood siding on the front. We have a Interior designer to help guide you through your selections and finishes. This is designed & built by Core Contracting. (id:56688)
Property Details
MLS: 1268944
Listing ID: 26662420
Address: 18 Terry Lane Unit#LOT 7, St. John's, Newfoundland & Labrador, Canada A1H1A5
Status: Active
Last updated: 2 months ago ( Aug 20, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 3,297 square feet
Price per sq ft: $186
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Other
Exterior Features: Wood, Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.503186, -52.833242]
Listing ID: 26662420
Address: 18 Terry Lane Unit#LOT 7, St. John's, Newfoundland & Labrador, Canada A1H1A5
Status: Active
Last updated: 2 months ago ( Aug 20, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 3,297 square feet
Price per sq ft: $186
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Other
Exterior Features: Wood, Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.503186, -52.833242]
Rooms
Main level | Not known Office Not known Dining room Living room Kitchen | 14’6” x 21 null 7’4” x 7’4” null 7’8” x 7’2” null 12 x 10’6” null 15 x 15’2” null 12 x 12 null |
Second level | Bedroom Bedroom Bedroom Primary Bedroom | 12 x 11’2” null 12’4” x 11 null 11’6” x 10’4” null 15’2” x 15’4” null |
Basic Calculator
First Mortgage: $489,600
Mortgage insurance premium: $0
Total Financing: $489,600
Rough closing fee (1.5%): ~ $9,180
Total downpayment with estimated closing fee: $131,580
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,627 | $43,524 |
Gross rental income (income/principal ratio) | 0.593% | 7.112% |
Mortgage | $0 | $0 |
Monthly Expenses | $765 | $9,180 |
Vacancy | $182 | $2,177 |
Management Fee | $291 | $3,482 |
Expense / Income Ratio | 21.09% | 21.09% |
Cash Flow | $2,391 | $28,692 |
Net Operating Income (NOI) | $2,391 | $28,692 |
Capitalization Rate | 0.39% | 4.69% |
Capitalization Rate: 4.69%
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).): $874,286