6 Villas Way
CBS, NL, A1X0L9
2 Beds | 1 Bath
$299,900
About the property (MLS: 1276071):
Style and affordability. This single family slab on grade offers an enclosed porch w/ closet, 2 bedrooms , one bath and laundry room with custom cabinetry as per plan. Fully landscaped, double paved driveway and a shed for storing your winter needs. Customize your cabinet selections, paint colors, lighting, perhaps upgrade to a walk in shower or mini split. Lux Home Warranty. All measurements are approx. (id:56688)
Property Details
MLS: 1276071
Listing ID: 27285572
Address: 6 Villas Way, CBS, Newfoundland & Labrador, Canada A1X0L9
Status: Active
Last updated: 2 months ago ( Aug 13, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 824 square feet
Price per sq ft: $364
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.486465, -53.030844]
Listing ID: 27285572
Address: 6 Villas Way, CBS, Newfoundland & Labrador, Canada A1X0L9
Status: Active
Last updated: 2 months ago ( Aug 13, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 824 square feet
Price per sq ft: $364
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete Slab
Heating: Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.486465, -53.030844]
Rooms
| Main level | Foyer Bedroom Bath (# pieces 1-6) Primary Bedroom Living room Kitchen | 4.6 x 5.8 null 8 x 9.8 null B4 null 12.3 x 10.5 null 15.2 x 9.8 null 11.9 x 17.5 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $907 | $10,884 |
| Gross rental income (income/principal ratio) | 0.302% | 3.629% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $46 | $545 |
| Management Fee | $73 | $871 |
| Expense / Income Ratio | 41.35% | 41.35% |
| Cash Flow | $415 | $4,980 |
| Net Operating Income (NOI) | $415 | $4,980 |
| Capitalization Rate | 0.14% | 1.66% |
Capitalization Rate: 1.66%
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).): $428,429
