About the property (MLS: 1276866):
Custom built by Terry Walsh Contracting this gorgeous 3 bed , 2.5 bath two-story home with attached garage features an open concept layout in the sought after Southlands subdivision. Featuring 9ft ceilings on the main floor, large kitchen with center island and backsplash, spacious living area and a convenient half bath. and a large walk in closet and ensuite in the primary bedroom. Other bonuses are a double paved driveway, fully landscaped and a 2 head mini split system. (id:56688)
Property Details
MLS: 1276866
Listing ID: 27361076
Address: 53 Pepperwood Drive, St. John's, Newfoundland & Labrador, Canada A1H1A5
Status: Active
Last updated: 3 months ago ( Nov 1, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,650 square feet
Price per sq ft: $223
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.495163, -52.828348]
Listing ID: 27361076
Address: 53 Pepperwood Drive, St. John's, Newfoundland & Labrador, Canada A1H1A5
Status: Active
Last updated: 3 months ago ( Nov 1, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,650 square feet
Price per sq ft: $223
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.495163, -52.828348]
Rooms
Second level | Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom Laundry room | B3 null 8'7x 9 null 13'8 x 13.6 null 10.4 x 10 null 10 x 12 null 3'6 x 6 null |
Main level | Bath (# pieces 1-6) Living room Kitchen Dining nook Porch | B2 null 13'6 x 18 null 12 x 16 null 11 x 12'8 null 9 x 9 null |
Basic Calculator
First Mortgage: $471,920
Mortgage insurance premium: $0
Total Financing: $471,920
Rough closing fee (1.5%): ~ $8,849
Total downpayment with estimated closing fee: $126,829
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,916 | $34,992 |
Gross rental income (income/principal ratio) | 0.494% | 5.932% |
Mortgage | $0 | $0 |
Monthly Expenses | $738 | $8,856 |
Vacancy | $146 | $1,750 |
Management Fee | $234 | $2,800 |
Expense / Income Ratio | 25.31% | 25.31% |
Cash Flow | $1,799 | $21,588 |
Net Operating Income (NOI) | $1,799 | $21,588 |
Capitalization Rate | 0.30% | 3.66% |
Capitalization Rate: 3.66%
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).): $842,715