48 Whelans Crescent
Paradise, NL, A1L3T2
$79,900
About the property (MLS: 1277490):
1.3 acre Lot located on bottom of a quiet cul-de-sac in Paradise. Currently a structure on the property most likely a tear down. Any and all building permits, etc., to be the responsibility of the purchaser. Build your dream home today. (id:56688)
Property Details
MLS: 1277490
Listing ID: 27418017
Address: 48 Whelans Crescent, Paradise, Newfoundland & Labrador, Canada A1L3T2
Status: Active
Last updated: 19 days ago ( Sep 16, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.568471, -52.900519]
Listing ID: 27418017
Address: 48 Whelans Crescent, Paradise, Newfoundland & Labrador, Canada A1L3T2
Status: Active
Last updated: 19 days ago ( Sep 16, 2024 )
Property Type: Vacant Land
Ownership Type: Freehold
Sewer: No sewage system
Price per sq ft: $∞
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: None
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.568471, -52.900519]
Rooms
Basic Calculator
First Mortgage: $63,920
Mortgage insurance premium: $0
Total Financing: $63,920
Rough closing fee (1.5%): ~ $1,199
Total downpayment with estimated closing fee: $17,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $0 | $0 |
| Gross rental income (income/principal ratio) | 0.000% | 0.000% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $100 | $1,200 |
| Vacancy | $0 | $0 |
| Management Fee | $0 | $0 |
| Expense / Income Ratio | Infinity% | Infinity% |
| Cash Flow | $-100 | $-1,200 |
| Net Operating Income (NOI) | $-100 | $-1,200 |
| Capitalization Rate | -0.13% | -1.50% |
Capitalization Rate: -1.50%
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).): $114,143
