About the property (MLS: 1271413):
If you have been waiting for an opportunity this is it hands down! LOCATION LOCATION. Freshly painted on main and basement, new kitchen. Main floor and bedrooms have new laminate flooring, roof re-shingled in 2018. All vinyl windows and 200amp breaker panel, fully fenced in rear yard with a storage shed. Basement is also fully developed. Beautiful location near everything! (id:56688)
Property Details
MLS: 1271413
Listing ID: 26818663
Address: 13 Dunlea Street, St.John's, Newfoundland & Labrador, Canada A1A3B2
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 1976
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Fencing: Fence
Living Area Total: 2,352 square feet
Price per sq ft: $181
Tax Annual Amount: $2,841.94
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? Yes
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.604707, -52.71372]
Listing ID: 26818663
Address: 13 Dunlea Street, St.John's, Newfoundland & Labrador, Canada A1A3B2
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 1976
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Fencing: Fence
Living Area Total: 2,352 square feet
Price per sq ft: $181
Tax Annual Amount: $2,841.94
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? Yes
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 20
Rurl
Coordinates: [47.604707, -52.71372]
Rooms
| Basement | Utility room Laundry room Family room Bath (# pieces 1-6) Bedroom | n/a feet 2pc 12x16.6 feet 3pc 9.8x10 feet |
| Main level | Bath (# pieces 1-6) Foyer Family room Eating area Kitchen Bedroom Bedroom Primary Bedroom | 4pc 4x5 feet 16.3x16.9 feet 9x10.7 feet 10x9.10 feet 9.4x9.10 feet 9.2x9.10 feet 11x 13.5 feet |
Basic Calculator
First Mortgage: $339,920
Mortgage insurance premium: $0
Total Financing: $339,920
Rough closing fee (1.5%): ~ $6,374
Total downpayment with estimated closing fee: $91,354
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,588 | $31,056 |
| Gross rental income (income/principal ratio) | 0.609% | 7.309% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $532 | $6,384 |
| Vacancy | $130 | $1,553 |
| Management Fee | $208 | $2,485 |
| Expense / Income Ratio | 20.56% | 20.56% |
| Cash Flow | $1,720 | $20,640 |
| Net Operating Income (NOI) | $1,720 | $20,640 |
| Capitalization Rate | 0.40% | 4.86% |
Capitalization Rate: 4.86%
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).): $607,000






















