About the property (MLS: 1278975):
This fully detached home offers 2-3 off-street parking spaces. The main floor features oak hardwood floors in both the living and dining areas, and the stairs are also hardwood. There is one bathroom. Please note that the property is sold "as is, where is." It is conveniently located close to all amenities, including Memorial University, the hospital, and schools.. (id:56688)
Property Details
MLS: 1278975
Listing ID: 27580905
Address: 26 Calver Avenue, St. John's, Newfoundland & Labrador, Canada A1c2X2
Status: Active
Last updated: 2 months ago ( Nov 22, 2024 )
Year Built: 1950
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: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Other, Mixed Flooring
Living Area Total: 1,440 square feet
Price per sq ft: $164
Tax Annual Amount: $1,264
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Block
Heating: Electric
Flooring: Hardwood, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.566697, -52.720589]
Listing ID: 27580905
Address: 26 Calver Avenue, St. John's, Newfoundland & Labrador, Canada A1c2X2
Status: Active
Last updated: 2 months ago ( Nov 22, 2024 )
Year Built: 1950
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: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Other, Mixed Flooring
Living Area Total: 1,440 square feet
Price per sq ft: $164
Tax Annual Amount: $1,264
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Municipal water
Foundation Details: Block
Heating: Electric
Flooring: Hardwood, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.566697, -52.720589]
Rooms
Basement | Storage | 12X10 null |
Second level | Bedroom Bedroom Primary Bedroom | 6.7 10.2 null 12X10.3 null 12X 12 null |
Main level | Dining room Living room Kitchen | 12X 10.3 null 12X12 null 12X10 null |
Basic Calculator
First Mortgage: $187,920
Mortgage insurance premium: $0
Total Financing: $187,920
Rough closing fee (1.5%): ~ $3,524
Total downpayment with estimated closing fee: $50,504
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,585 | $19,020 |
Gross rental income (income/principal ratio) | 0.675% | 8.097% |
Mortgage | $0 | $0 |
Monthly Expenses | $294 | $3,528 |
Vacancy | $80 | $951 |
Management Fee | $127 | $1,522 |
Expense / Income Ratio | 18.55% | 18.55% |
Cash Flow | $1,085 | $13,020 |
Net Operating Income (NOI) | $1,085 | $13,020 |
Capitalization Rate | 0.46% | 5.54% |
Capitalization Rate: 5.54%
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).): $335,572