72 Clearview Heights
Paradise, NL, A1L1T8
$89,900
About the property (MLS: 1272954):
Build your dream home! Fully serviced, 66 x 159 x 50 x 152 lot located in the heart of Paradise. Purchaser is responsible for all permits and HST if applicable (id:56688)
Property Details
MLS: 1272954
Listing ID: 26971849
Address: 72 Clearview Heights, Paradise, Newfoundland & Labrador, Canada A1L1T8
Status: Active
Last updated: 2 years ago ( May 31, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.532037, -52.876012]
Listing ID: 26971849
Address: 72 Clearview Heights, Paradise, Newfoundland & Labrador, Canada A1L1T8
Status: Active
Last updated: 2 years ago ( May 31, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: Municipal sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.532037, -52.876012]
Rooms
Basic Calculator
First Mortgage: $71,920
Mortgage insurance premium: $0
Total Financing: $71,920
Rough closing fee (1.5%): ~ $1,349
Total downpayment with estimated closing fee: $19,329
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $113 | $1,356 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-113 | $-1,356 |
| Net Operating Income (NOI) | $-113 | $-1,356 |
| Capitalization Rate | -0.13% | -1.51% |
Capitalization Rate: -1.51%
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).): $128,429
