39 Donna Road
Paradise, NL, A1L1H9
3 Beds | 2 Baths
$359,900
About the property (MLS: 1277248):
Side-split in the heart of Paradise situated on a well manicured lot close to a great school. Well designed kitchen with lots of pantry and counter space. Beautiful modern light fixtures throughout adding a touch of elegance.The lower level features an over sized recreation room with 1/2 bath & laundry, lots of natural light and access to the backyard.A great Bonus of lots of storage space in the basement. Garage has been added, great for extra parking or storage. (id:56688)
Property Details
MLS: 1277248
Listing ID: 27391013
Address: 39 Donna Road, Paradise, Newfoundland & Labrador, Canada A1L1H9
Status: Active
Last updated: 23 days ago ( Sep 11, 2024 )
Year Built: 1979
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,985 square feet
Price per sq ft: $182
Tax Annual Amount: $1,979
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 45
Rurl
Coordinates: [47.535616, -52.861079]
Listing ID: 27391013
Address: 39 Donna Road, Paradise, Newfoundland & Labrador, Canada A1L1H9
Status: Active
Last updated: 23 days ago ( Sep 11, 2024 )
Year Built: 1979
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,985 square feet
Price per sq ft: $182
Tax Annual Amount: $1,979
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 45
Rurl
Coordinates: [47.535616, -52.861079]
Rooms
| Basement | Storage Storage Storage | 9’2” x 9’ 2” null 8’ x 14’ 1” null 9’ 6” x 14’ 1” null |
| Lower level | Bath (# pieces 1-6) Recreation room | 2 Pce null 21’ 8” x 23” null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 Pce null 9’ 9” x 9’ 9” null 10’ 9” x 13’ null 11’ 8” x 13’ 9” null |
| Main level | Kitchen Dining room Living room | 11’ 6” x 11’ 6” null 9’ 1” x 11’ 6” null 11’ x 13’ 9” null |
Basic Calculator
First Mortgage: $287,920
Mortgage insurance premium: $0
Total Financing: $287,920
Rough closing fee (1.5%): ~ $5,399
Total downpayment with estimated closing fee: $77,379
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,184 | $26,208 |
| Gross rental income (income/principal ratio) | 0.607% | 7.282% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $450 | $5,400 |
| Vacancy | $110 | $1,311 |
| Management Fee | $175 | $2,097 |
| Expense / Income Ratio | 20.60% | 20.60% |
| Cash Flow | $1,451 | $17,412 |
| Net Operating Income (NOI) | $1,451 | $17,412 |
| Capitalization Rate | 0.40% | 4.84% |
Capitalization Rate: 4.84%
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).): $514,143
