65 Military Road
St John’s, NL, A1C2C6
3 Beds | 1 Bath
$289,900
About the property (MLS: 1280218):
Centrally located and on bus route. This home was built brand new in 1990. 3 story townhome. Newer kitchen with granite countertops and stainless appliances. generous sized living room leading to patio deck. Second floor with 2 bedrooms and bathroom. Third floor has primary bedroom .Basement has lots of storage and laundry room. Roof shingles , renovated bathroom , new rear patio deck and some vinyl windows done in 2022. (id:56688)
Property Details
MLS: 1280218
Listing ID: 27722868
Address: 65 Military Road, St John’s, Newfoundland & Labrador, Canada A1C2C6
Status: Active
Last updated: a month ago ( Dec 12, 2024 )
Year Built: 1990
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,398 square feet
Price per sq ft: $208
Tax Annual Amount: $1,581
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.571136, -52.705103]
Listing ID: 27722868
Address: 65 Military Road, St John’s, Newfoundland & Labrador, Canada A1C2C6
Status: Active
Last updated: a month ago ( Dec 12, 2024 )
Year Built: 1990
Property Type: Single Family
Architectural Style: 3 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 3
Number of Levels: 3
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,398 square feet
Price per sq ft: $208
Tax Annual Amount: $1,581
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 19
Rurl
Coordinates: [47.571136, -52.705103]
Rooms
| Basement | Storage Laundry room | 10.10 x 14.3 null 20.4 x 10.5 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom | Full null 10.8 x 14 4 null 10.6 x 10.1 null |
| Third level | Primary Bedroom | 12.2 x 9.7 null |
| Main level | Living room Eating area Kitchen | 15 x 11 null 6.6 x 5.9 null 10.6 x 9.7 null |
Basic Calculator
First Mortgage: $231,920
Mortgage insurance premium: $0
Total Financing: $231,920
Rough closing fee (1.5%): ~ $4,349
Total downpayment with estimated closing fee: $62,329
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,538 | $18,456 |
| Gross rental income (income/principal ratio) | 0.531% | 6.366% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $363 | $4,356 |
| Vacancy | $77 | $923 |
| Management Fee | $124 | $1,477 |
| Expense / Income Ratio | 23.60% | 23.60% |
| Cash Flow | $976 | $11,712 |
| Net Operating Income (NOI) | $976 | $11,712 |
| Capitalization Rate | 0.34% | 4.04% |
Capitalization Rate: 4.04%
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).): $414,143
