About the property (MLS: 1269269):
You’ll find quality construction by award winning MacIntyre Homes in this lovely 3 bedroom two storey in beautiful Jonathan Park. You won’t be disappointed in this very functional open floor plan. Kitchen has a large bright eating area with a pantry and centre island. Master ensuite. Offers late summer possession. HST included. (id:56688)
Property Details
MLS: 1269269
Listing ID: 26691558
Address: 20 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1l4K1
Status: Active
Last updated: 5 months ago ( May 15, 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: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,086 square feet
Price per sq ft: $207
Tax Annual Amount: $3,389
Garage? Yes
Attached Garage? Yes
Carport? Yes
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551632, -52.88804]
Listing ID: 26691558
Address: 20 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1l4K1
Status: Active
Last updated: 5 months ago ( May 15, 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: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,086 square feet
Price per sq ft: $207
Tax Annual Amount: $3,389
Garage? Yes
Attached Garage? Yes
Carport? Yes
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551632, -52.88804]
Rooms
Basement | Storage Utility room Storage | 9.4 x 11.8 null 7.10 x 10.4 null 12.4 x 22.0 null |
Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 3.5 x 6.0 null 4 pc 9.4 x 11.8 null 10.0 x 11.2 null 3 pc 11.6 x 14.4 null |
Main level | Foyer Bath (# pieces 1-6) Dining room Kitchen Living room | 8.0 x 10.0 null 2 pc 11.8 x12.0 null 11.6 x 14.0 null 14.0 x 15.0 null |
Basic Calculator
First Mortgage: $343,920
Mortgage insurance premium: $0
Total Financing: $343,920
Rough closing fee (1.5%): ~ $6,449
Total downpayment with estimated closing fee: $92,429
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,295 | $27,540 |
Gross rental income (income/principal ratio) | 0.534% | 6.406% |
Mortgage | $0 | $0 |
Monthly Expenses | $538 | $6,456 |
Vacancy | $115 | $1,377 |
Management Fee | $184 | $2,204 |
Expense / Income Ratio | 23.44% | 23.44% |
Cash Flow | $1,459 | $17,508 |
Net Operating Income (NOI) | $1,459 | $17,508 |
Capitalization Rate | 0.34% | 4.07% |
Capitalization Rate: 4.07%
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).): $614,143