About the property (MLS: 1274868):
This beautiful 2-apartment 2 story entry home is currently UNDER CONSTRUCTION. The main level of this brand new modern home offers a beautiful stair case, a spacious open concept kitchen, dining and living room design with large windows that fill the space with natural light. The second level features the primary bedroom and has a walk in closet and spacious ensuite, two other large bedrooms, a 3pc main bathroom and the laundry room. The basement area of the home holds a two bedroom apartment has an incredible kitchen with lots of cabinet space that flows into the open concept eat in kitchen and living room area. we have a large 3pc bathroom, laundry room and a huge bedroom with a walk in closet. 10x12 back patio. Act fast and take advantage of the generous allowances and pic your own finishes. 7 year LUX Home Warranty. HST rebate back to the vendor. (id:56688)
Property Details
Listing ID: 27180214
Address: 76 Moffatt Road, Mt. Pearl, Newfoundland & Labrador, Canada A1N5B9
Status: Active
Last updated: 2 months ago ( Jul 17, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,298 square feet
Price per sq ft: $212
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.533756, -52.813247]
Rooms
Basement | Not known Not known Not known Not known Not known | 11.6x9.8 null 11.10x9.4 null 11x9.8 null 11x18 null 13.7x9 null |
Second level | Ensuite Bedroom Bedroom Primary Bedroom | 8x10.2 null 9.7x11 null 11.11x11.10 null 13.6x11.10 null |
Main level | Bath (# pieces 1-6) Dining room Living room Kitchen | 2pc 14x9.7 null 11.10x13.7 null 10x13.7 null |
Basic Calculator
First Mortgage: $388,000
Mortgage insurance premium: $0
Total Financing: $388,000
Rough closing fee (1.5%): ~ $7,275
Total downpayment with estimated closing fee: $104,275
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,528 | $30,336 |
Gross rental income (income/principal ratio) | 0.521% | 6.255% |
Mortgage | $0 | $0 |
Monthly Expenses | $607 | $7,284 |
Vacancy | $127 | $1,517 |
Management Fee | $203 | $2,427 |
Expense / Income Ratio | 24.01% | 24.01% |
Cash Flow | $1,593 | $19,116 |
Net Operating Income (NOI) | $1,593 | $19,116 |
Capitalization Rate | 0.33% | 3.94% |