About the property (MLS: 1280738):
Property Features: Upgraded 200 amp panel | electric baseboard heat | all vinyl windows | brand new main floor bathroom crafted by Dream Kitchens & Renovations | some new flooring | new kitchen countertop | a new fridge (1 of 2) | freshly painted cabinets | fully fenced back yard | quite street | great downtown location close to MUN | 3 rooms currently rented with a gross income of $2,100 | All measurement's approximate, Property & Water Tax should be verified by the purchaser. (id:56688)
Property Details
MLS: 1280738
Listing ID: 27795738
Address: 14 Blatch Avenue, St. John's, Newfoundland & Labrador, Canada A1C4P5
Status: Active
Last updated: a month ago ( Jan 13, 2025 )
Year Built: 1920
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 1,667 square feet
Price per sq ft: $159
Tax Annual Amount: $1,535
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Wood
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.564347, -52.720549]
Listing ID: 27795738
Address: 14 Blatch Avenue, St. John's, Newfoundland & Labrador, Canada A1C4P5
Status: Active
Last updated: a month ago ( Jan 13, 2025 )
Year Built: 1920
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 1,667 square feet
Price per sq ft: $159
Tax Annual Amount: $1,535
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Wood
Common Interest: Freehold
Number of photos available: 13
Rurl
Coordinates: [47.564347, -52.720549]
Rooms
Second level | Bedroom Bedroom Bath (# pieces 1-6) Bedroom Bedroom | 9.3 x 10.8 null 13.3 x 16.5 null 6.0 x 7.8 null 7.10 x 11.3 null 7.10 x 11.3 null |
Main level | Storage Living room Bath (# pieces 1-6) Den Not known Porch | 2.10 x 7.3 null 12.0 x 13.8 null 10.6 x 13.0 null 8.0 x 10.0 null 10.6 x 13.0 null 4.5 x 6.2 null |
Basic Calculator
First Mortgage: $211,920
Mortgage insurance premium: $0
Total Financing: $211,920
Rough closing fee (1.5%): ~ $3,974
Total downpayment with estimated closing fee: $56,954
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,834 | $22,008 |
Gross rental income (income/principal ratio) | 0.692% | 8.308% |
Mortgage | $0 | $0 |
Monthly Expenses | $332 | $3,984 |
Vacancy | $92 | $1,101 |
Management Fee | $147 | $1,761 |
Expense / Income Ratio | 18.10% | 18.10% |
Cash Flow | $1,264 | $15,168 |
Net Operating Income (NOI) | $1,264 | $15,168 |
Capitalization Rate | 0.48% | 5.73% |
Capitalization Rate: 5.73%
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).): $378,429