About the property (MLS: 1271582):
Approximately 1 acre lot in Logy Bay. Beautiful view of St.John's,Mt.Pearl and CBS! (id:56688)
Property Details
MLS: 1271582
Listing ID: 26855822
Address: 11 Cobbler Crescent, Logy Bay, Newfoundland & Labrador, Canada A1B0K4
Status: Active
Last updated: 7 months ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: Septic tank
Price per sq ft: $∞
Tax Annual Amount: $475
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Unknown
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.634783, -52.669656]
Listing ID: 26855822
Address: 11 Cobbler Crescent, Logy Bay, Newfoundland & Labrador, Canada A1B0K4
Status: Active
Last updated: 7 months ago ( May 15, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
View: View
Sewer: Septic tank
Price per sq ft: $∞
Tax Annual Amount: $475
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Unknown
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.634783, -52.669656]
Rooms
Basic Calculator
First Mortgage: $79,920
Mortgage insurance premium: $0
Total Financing: $79,920
Rough closing fee (1.5%): ~ $1,499
Total downpayment with estimated closing fee: $21,479
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $0 | $0 |
Gross rental income (income/principal ratio) | 0.000% | 0.000% |
Mortgage | $0 | $0 |
Monthly Expenses | $125 | $1,500 |
Vacancy | $0 | $0 |
Management Fee | $0 | $0 |
Expense / Income Ratio | Infinity% | Infinity% |
Cash Flow | $-125 | $-1,500 |
Net Operating Income (NOI) | $-125 | $-1,500 |
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).): $142,715