22 Bonavista Street
St. Johns, NL, A1E2N6
5 Beds | 2 Baths
$309,900
About the property (MLS: 1276212):
Sitting on a quiet west end street, this attractive bungalow is ideal for the first time buyer. The lower level was used as an in-law apartment with living room, kitchen, 2 bedrooms and bathroom.New electric furnace about 8 yrs old and roof shingles less than 5 yrs old. Quick possession ! (id:56688)
Property Details
MLS: 1276212
Listing ID: 27294724
Address: 22 Bonavista Street, St. Johns, Newfoundland & Labrador, Canada A1E2N6
Status: Active
Last updated: 22 days ago ( Aug 15, 2024 )
Year Built: 1972
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Fencing: Fence
Living Area Total: 1,200 square feet
Price per sq ft: $259
Tax Annual Amount: $1,875
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.528241, -52.767757]
Listing ID: 27294724
Address: 22 Bonavista Street, St. Johns, Newfoundland & Labrador, Canada A1E2N6
Status: Active
Last updated: 22 days ago ( Aug 15, 2024 )
Year Built: 1972
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Fencing: Fence
Living Area Total: 1,200 square feet
Price per sq ft: $259
Tax Annual Amount: $1,875
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 14
Rurl
Coordinates: [47.528241, -52.767757]
Rooms
| Lower level | Not known Not known Not known Not known | 14.10x14.8 null 10.8x9.8 null 11.6x11.3 null 15.6x12.6 null |
| Main level | Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room/Fireplace | 12x10 null 14x8 null 13x12.6 null 14x9 null 9x8 null 17x14 null |
Basic Calculator
First Mortgage: $247,920
Mortgage insurance premium: $0
Total Financing: $247,920
Rough closing fee (1.5%): ~ $4,649
Total downpayment with estimated closing fee: $66,629
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,320 | $15,840 |
| Gross rental income (income/principal ratio) | 0.426% | 5.111% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $388 | $4,656 |
| Vacancy | $66 | $792 |
| Management Fee | $106 | $1,268 |
| Expense / Income Ratio | 29.39% | 29.39% |
| Cash Flow | $761 | $9,132 |
| Net Operating Income (NOI) | $761 | $9,132 |
| Capitalization Rate | 0.25% | 2.95% |
Capitalization Rate: 2.95%
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).): $442,715
