About the property (MLS: 1278674):
QUICK POSSESSION AVAILABLE! This well maintained and cozy town home is located in Mount Pearl on a low traffic Crescent. The main floor offers a large eat in kitchen and dining area, living room, laundry and a ½ bath. 2nd floor as 3 bedrooms and includes a master with double closet and 1 full bath. Hardwood flooring throughout, patio deck and a large fenced backyard. Measurements to be verified by purchaser and or purchasers representative. (id:56688)
Property Details
MLS: 1278674
Listing ID: 27545281
Address: 32 Galway Crescent, Mount Pearl, Newfoundland & Labrador, Canada A1N3H3
Status: Active
Last updated: 17 days ago ( Oct 16, 2024 )
Year Built: 1980
Property Type: Single Family
Structure Type: House
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Fencing: Fence
Living Area Total: 1,050 square feet
Price per sq ft: $186
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Electric
Flooring: Other
Exterior Features: Vinyl siding
Number of photos available: 11
Rurl
Coordinates: [47.528866, -52.80011]
Listing ID: 27545281
Address: 32 Galway Crescent, Mount Pearl, Newfoundland & Labrador, Canada A1N3H3
Status: Active
Last updated: 17 days ago ( Oct 16, 2024 )
Year Built: 1980
Property Type: Single Family
Structure Type: House
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Fencing: Fence
Living Area Total: 1,050 square feet
Price per sq ft: $186
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Electric
Flooring: Other
Exterior Features: Vinyl siding
Number of photos available: 11
Rurl
Coordinates: [47.528866, -52.80011]
Rooms
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 6 x 8 null 11 x 9.5 null 12 x 7 null 13.6 x 9.6 null |
Main level | Bath (# pieces 1-6) Porch Living room Kitchen | 1 PC null 4 x 3.5 null 14.5 x 10.5 null 13 x 17.5 null |
Basic Calculator
First Mortgage: $156,000
Mortgage insurance premium: $0
Total Financing: $156,000
Rough closing fee (1.5%): ~ $2,925
Total downpayment with estimated closing fee: $41,925
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,155 | $13,860 |
Gross rental income (income/principal ratio) | 0.592% | 7.108% |
Mortgage | $0 | $0 |
Monthly Expenses | $244 | $2,928 |
Vacancy | $58 | $693 |
Management Fee | $93 | $1,109 |
Expense / Income Ratio | 21.13% | 21.13% |
Cash Flow | $761 | $9,132 |
Net Operating Income (NOI) | $761 | $9,132 |
Capitalization Rate | 0.39% | 4.68% |
Capitalization Rate: 4.68%
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).): $278,572