47-53 Perrins Road
Conception Bay South, NL, A1W5A6
$139,900
About the property (MLS: 1270220):
Parcel of land with ocean view on Perrins Road. This parcel of land had approval in principle for 3 building lots. HST, if applicable, as well as any fees associated with permits and applications will be the responsibility of the purchaser. (id:56688)
Property Details
MLS: 1270220
Listing ID: 26794521
Address: 47-53 Perrins Road, Conception Bay South, Newfoundland & Labrador, Canada A1W5A6
Status: Active
Last updated: a year ago ( Jun 4, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $718
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.511578, -52.970997]
Listing ID: 26794521
Address: 47-53 Perrins Road, Conception Bay South, Newfoundland & Labrador, Canada A1W5A6
Status: Active
Last updated: a year ago ( Jun 4, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $718
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.511578, -52.970997]
Rooms
Basic Calculator
First Mortgage: $111,920
Mortgage insurance premium: $0
Total Financing: $111,920
Rough closing fee (1.5%): ~ $2,099
Total downpayment with estimated closing fee: $30,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $175 | $2,100 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-175 | $-2,100 |
| Net Operating Income (NOI) | $-175 | $-2,100 |
| 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).): $199,858
