About the property (MLS: 1279422):
Located in one of the most welcoming 50 plus communities in St. John’s sits this beautiful 2 Bedroom 2 bathroom Condo. This Unit is Slab on grade so there are no worries of any stairs as even your Laundry room is on the main floor. It has hardwood & Laminate floors, lots of large windows and natural light and a big eat in kitchen to sit and have a cup of tea with your family and friends. This Home is perfect for a downsizing couple, empty Nestor’s or even a great investment property u til you are ready to downsize yourself. These opportunities don't come around often so don’t delay. (id:56688)
Property Details
Listing ID: 27645732
Address: 9 Pinellas Court, St. John’s, Newfoundland & Labrador, Canada A1E5Z7
Status: Active
Last updated: a month ago ( Nov 13, 2024 )
Year Built: 1989
Property Type: Single Family
Ownership Type: Condominium
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Carpeted
Living Area Total: 1,014 square feet
Price per sq ft: $247
Tax Annual Amount: $1,620
Tax Year: 2018
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete Slab, Concrete
Heating: Electric
Flooring: Hardwood, Laminate, Carpeted
Exterior Features: Vinyl siding
Common Interest: Condo/Strata
Association Fee: 445
Number of photos available: 15
Rurl
Coordinates: [47.543457, -52.75132]
Rooms
Main level | Bath (# pieces 1-6) Ensuite Dining room Bedroom Primary Bedroom Kitchen Living room/Fireplace | 3pc 4 pc 15x7 null 14x12 null 17x15 null 15x10 null 21x15 null |
Basic Calculator
First Mortgage: $200,000
Mortgage insurance premium: $0
Total Financing: $200,000
Rough closing fee (1.5%): ~ $3,750
Total downpayment with estimated closing fee: $53,750
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,116 | $13,392 |
Gross rental income (income/principal ratio) | 0.446% | 5.357% |
Mortgage | $0 | $0 |
Monthly Expenses | $313 | $3,756 |
Vacancy | $56 | $670 |
Management Fee | $90 | $1,072 |
Expense / Income Ratio | 28.05% | 28.05% |
Cash Flow | $658 | $7,896 |
Net Operating Income (NOI) | $658 | $7,896 |
Capitalization Rate | 0.26% | 3.16% |