About the property (MLS: 1276249):
Registered two apartment on a one way street in a desirable area of Mount Pearl. Located on the bus route and next door to all the amenities. A hop skip and a jump to all the main arteries, either downtown, across town, or out of town. Shingles approximately 15 years old, new flooring installed on the main floor five years ago, nice birch kitchen, private backyard. Self contained two bedroom apartment rented month to month at $850.00 per month POU. Main floor rented month to month at $1,000.00 per month POU. Fireplace liner inoperable. Purchasers responsibility to upgrade if desired. Backing on to a greenbelt. Offers will be presented at 8:PM August 17th,2024 (id:56688)
Property Details
Listing ID: 27296237
Address: 24 Harnum Crescent, Mount Pearl, Newfoundland & Labrador, Canada A1N2H4
Status: Active
Last updated: 20 days ago ( Aug 17, 2024 )
Year Built: 1974
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment 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: Laminate, Other
Living Area Total: 2,160 square feet
Price per sq ft: $135
Tax Annual Amount: $1,800
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: Wood
Heating: Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 25
Rurl
Coordinates: [47.522178, -52.819654]
Rooms
Basement | Laundry room Bedroom Bedroom Living room Kitchen | 4x10 null 12x10 null 12.6x9.2 null 12.6x11.9 null 11x12.4 null |
Main level | Bedroom Bedroom Primary Bedroom Dining room Living room Kitchen | 8.7x9.7 null 8.5x13.2 null 9.5x13.5 null 8.8x10 null 13x15 null 11x13.5 null |
Basic Calculator
First Mortgage: $231,920
Mortgage insurance premium: $0
Total Financing: $231,920
Rough closing fee (1.5%): ~ $4,349
Total downpayment with estimated closing fee: $62,329
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,376 | $28,512 |
Gross rental income (income/principal ratio) | 0.820% | 9.835% |
Mortgage | $0 | $0 |
Monthly Expenses | $363 | $4,356 |
Vacancy | $119 | $1,426 |
Management Fee | $191 | $2,281 |
Expense / Income Ratio | 15.28% | 15.28% |
Cash Flow | $1,705 | $20,460 |
Net Operating Income (NOI) | $1,705 | $20,460 |
Capitalization Rate | 0.59% | 7.06% |