About the property (MLS: 1277828):
This 2 Story home is currently under construction. The main floor of this home features a beautiful foyer with lots of space and a full separate mudroom off the garage. We have a large office or playroom for the kids, a half bath and an open concept kitchen with walk in pantry, dining and living room with a fireplace. The second floor consists of the primary bedroom with 4 piece ensuite and walk in closet, laundry, the main bath and two spacious spare bedrooms. The basement will be ready for future development and your own personal touches (id:56688)
Property Details
MLS: 1277828
Listing ID: 27460438
Address: 92 Moffatt Road, Mount Pearl, Newfoundland & Labrador, Canada A1N5B9
Status: Active
Last updated: 10 days ago ( Sep 24, 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, Ceramic Tile
Living Area Total: 2,932 square feet
Price per sq ft: $198
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.531996, -52.813194]
Listing ID: 27460438
Address: 92 Moffatt Road, Mount Pearl, Newfoundland & Labrador, Canada A1N5B9
Status: Active
Last updated: 10 days ago ( Sep 24, 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, Ceramic Tile
Living Area Total: 2,932 square feet
Price per sq ft: $198
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.531996, -52.813194]
Rooms
Second level | Bath (# pieces 1-6) Laundry room Bedroom Bedroom Ensuite Primary Bedroom | B3 null 9.2x6 null 12.10x10.5 null 12.6x13 null 13.7x9.2 null 14.10x14.10 null |
Main level | Mud room Bath (# pieces 1-6) Office Foyer Dining room Kitchen Family room | 8.11.6 null B2 null 12.6x8.6 null 7x11.6 null 10.10x8.9 null 10.10x14 null 13.2x20.1 null |
Basic Calculator
First Mortgage: $463,920
Mortgage insurance premium: $0
Total Financing: $463,920
Rough closing fee (1.5%): ~ $8,699
Total downpayment with estimated closing fee: $124,679
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,226 | $38,712 |
Gross rental income (income/principal ratio) | 0.556% | 6.676% |
Mortgage | $0 | $0 |
Monthly Expenses | $725 | $8,700 |
Vacancy | $162 | $1,936 |
Management Fee | $259 | $3,097 |
Expense / Income Ratio | 22.47% | 22.47% |
Cash Flow | $2,082 | $24,984 |
Net Operating Income (NOI) | $2,082 | $24,984 |
Capitalization Rate | 0.36% | 4.31% |
Capitalization Rate: 4.31%
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).): $828,429