About the property (MLS: 1277542):
This beautiful 2-apartment split entry home is started construction. The main level of this brand new modern home offers a beautiful stair case, a spacious open concept kitchen, dining and living room design with large windows that fill the space with natural light. The master bedroom has a walk in closet and spacious ensuite, two other large bedrooms and a 3pc main bathroom on the main level. The basement level for the main unit will consist of a large rec room and separate laundry room. The spacious two bedroom apartment has an incredible kitchen with lots of cabinet space that flows into the open concept dining and living room area. We have a large 3pc bathroom, laundry room and a huge bedroom with a walk in closet. 10x12 back patio. Act fast and take advantage of the generous allowances and pic your own finishes. 7 year LUX Home Warranty. HST rebate back to the vendor. (id:56688)
Property Details
Listing ID: 27423609
Address: 86 Moffatt Road, Mount Pearl, Newfoundland & Labrador, Canada A1N5B9
Status: Active
Last updated: 18 days ago ( Sep 17, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,624 square feet
Price per sq ft: $189
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.531793, -52.813194]
Rooms
Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Family room | B3 null 10.5x10 null 10.5x9.6 null 13.7x10 null 13.7x10 null 12x13.7 null |
Main level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Living room Kitchen | B3 null E3 null 11x10.6 null 11.7x11 null 14.3x10.4 null 13.7x14.8 null 11.7x17.4 null |
Basic Calculator
First Mortgage: $396,000
Mortgage insurance premium: $0
Total Financing: $396,000
Rough closing fee (1.5%): ~ $7,425
Total downpayment with estimated closing fee: $106,425
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,887 | $34,644 |
Gross rental income (income/principal ratio) | 0.583% | 6.999% |
Mortgage | $0 | $0 |
Monthly Expenses | $619 | $7,428 |
Vacancy | $145 | $1,733 |
Management Fee | $231 | $2,772 |
Expense / Income Ratio | 21.44% | 21.44% |
Cash Flow | $1,893 | $22,716 |
Net Operating Income (NOI) | $1,893 | $22,716 |
Capitalization Rate | 0.38% | 4.59% |