About the property (MLS: 1278276):
This well-maintained 4-bedroom, 1-bath property offers unmatched convenience, situated right at the doorstep of MUN, Churchill Square, and major bus routes. It features ceramic floors in key living areas and an upgraded bathroom. Recent improvements include a 200-amp electrical panel and PEX plumbing, both updated in 2023. The property currently generates a monthly POU rental income of $2,300. (id:56688)
Property Details
MLS: 1278276
Listing ID: 27512453
Address: 117 Bonaventure Avenue, St. John's, Newfoundland & Labrador, Canada A1B2X9
Status: Active
Last updated: a month ago ( Oct 7, 2024 )
Year Built: 1946
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Ceramic Tile
Living Area Total: 1,290 square feet
Price per sq ft: $222
Tax Annual Amount: $1,760
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Other, Ceramic Tile
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.57227, -52.725117]
Listing ID: 27512453
Address: 117 Bonaventure Avenue, St. John's, Newfoundland & Labrador, Canada A1B2X9
Status: Active
Last updated: a month ago ( Oct 7, 2024 )
Year Built: 1946
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Ceramic Tile
Living Area Total: 1,290 square feet
Price per sq ft: $222
Tax Annual Amount: $1,760
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Other, Ceramic Tile
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.57227, -52.725117]
Rooms
Main level | Bedroom Bedroom Bedroom Bedroom Bath (# pieces 1-6) Kitchen Living room | 13.28x9.35 null 11.5x9.5 null 13x9 null 12.9x9 null 4pc 15.3x9.5 null 11.7x9.5 null |
Basic Calculator
First Mortgage: $228,720
Mortgage insurance premium: $0
Total Financing: $228,720
Rough closing fee (1.5%): ~ $4,289
Total downpayment with estimated closing fee: $61,469
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,420 | $17,040 |
Gross rental income (income/principal ratio) | 0.497% | 5.960% |
Mortgage | $0 | $0 |
Monthly Expenses | $358 | $4,296 |
Vacancy | $71 | $852 |
Management Fee | $114 | $1,364 |
Expense / Income Ratio | 25.21% | 25.21% |
Cash Flow | $878 | $10,536 |
Net Operating Income (NOI) | $878 | $10,536 |
Capitalization Rate | 0.31% | 3.69% |
Capitalization Rate: 3.69%
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).): $408,429