About the property (MLS: 1277439):
Check out this amazing opportunity!!! If you've been looking for a property that's affordable for you and your family.....or a property to use as an investment......you need to check out 68 Cashin Ave!!! 3 bright and spacious bedrooms on the main, along with 2 bedrooms in the basement.....and a 3rd room that could potentially be turned into a bedroom. 2 full bathrooms, 1 up and 1 down. Large eat-in kitchen, and naturally lit living room.....did I mention that there's a big detached garage in the back......parking for 3-4 vehicles.....You're not going to find another opportunity like this currently on the market. Best of all, the seller will entertain serious offers as they come in, rather than putting them off!!! Don't hesitate on this one, in this active market, this property is going to get snatched up really quickly! (id:56688)
Property Details
Listing ID: 27440987
Address: 68 Cashin Avenue, St. John's, Newfoundland & Labrador, Canada A1E3B3
Status: Active
Last updated: 16 days ago ( Sep 19, 2024 )
Year Built: 1960
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Forced air, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Living Area Total: 2,100 square feet
Price per sq ft: $103
Tax Annual Amount: $1,963
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Forced air, Oil
Flooring: Hardwood, Laminate
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.558993, -52.735012]
Rooms
Basement | Den Bedroom Bedroom | 11.00 x 10.60 null 12.00 x 10.60 null 11.20 x 8.70 null |
Main level | Bedroom Foyer Kitchen Bedroom Primary Bedroom Living room | 11.00 x 9.70 null 20.70 x 5.60 null 16.60 x 10.60 null 11.00 x 9.20 null 12.00 x 11.00 null 15.90 x 12.00 null |
Basic Calculator
First Mortgage: $172,000
Mortgage insurance premium: $0
Total Financing: $172,000
Rough closing fee (1.5%): ~ $3,225
Total downpayment with estimated closing fee: $46,225
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,310 | $27,720 |
Gross rental income (income/principal ratio) | 1.074% | 12.893% |
Mortgage | $0 | $0 |
Monthly Expenses | $269 | $3,228 |
Vacancy | $116 | $1,386 |
Management Fee | $185 | $2,218 |
Expense / Income Ratio | 11.65% | 11.65% |
Cash Flow | $1,741 | $20,892 |
Net Operating Income (NOI) | $1,741 | $20,892 |
Capitalization Rate | 0.81% | 9.72% |