About the property (MLS: 1272770):
This is the one you have been waiting for. Welcome to this cozy and AFFORDABLE home on 9 Green Street. This property has 2 bedrooms and one bathroom. The layout is an open concept design with laminate flooring running throughout. It has had numerous updates including the roof in 2016 and some new windows in the last 3 years. It also has a 200amp electrical panel and all electric heat. There is a cute little garden shed in the back to help with storage. (id:56688)
Property Details
MLS: 1272770
Listing ID: 26953685
Address: 9 Green Street, St.John's, Newfoundland & Labrador, Canada A1A4Z4
Status: Active
Last updated: 2 years ago ( May 28, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Mobile Home
Ownership Type: Freehold
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 720 square feet
Price per sq ft: $271
Tax Annual Amount: $1,083
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Block
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.613217, -52.726443]
Listing ID: 26953685
Address: 9 Green Street, St.John's, Newfoundland & Labrador, Canada A1A4Z4
Status: Active
Last updated: 2 years ago ( May 28, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Mobile Home
Ownership Type: Freehold
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 720 square feet
Price per sq ft: $271
Tax Annual Amount: $1,083
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Block
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 15
Rurl
Coordinates: [47.613217, -52.726443]
Rooms
| Main level | Primary Bedroom Bedroom Bath (# pieces 1-6) Foyer Kitchen Living room | 9.0x11.3 feet 6.11x7.8 feet 4pc 4.8x8.4 feet 9.10x11.3 feet 13.2x11.3 feet |
Basic Calculator
First Mortgage: $155,920
Mortgage insurance premium: $0
Total Financing: $155,920
Rough closing fee (1.5%): ~ $2,924
Total downpayment with estimated closing fee: $41,904
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $793 | $9,516 |
| Gross rental income (income/principal ratio) | 0.407% | 4.883% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $244 | $2,928 |
| Vacancy | $40 | $476 |
| Management Fee | $64 | $762 |
| Expense / Income Ratio | 30.77% | 30.77% |
| Cash Flow | $446 | $5,352 |
| Net Operating Income (NOI) | $446 | $5,352 |
| Capitalization Rate | 0.23% | 2.75% |
Capitalization Rate: 2.75%
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).): $278,429

















