
About the property (MLS: 1281214):
PRE-SALE. two apartment home, 2 Story with attached garage. ** Any drawings are Artist Concept, actual house may not be exactly as shown. ** HST included in list price to be rebated to vendor on closing. ** Property taxes are estimated (id:56688)
Property Details
MLS: 1281214
Listing ID: 27848791
Address: 88 Moffatt Road, Mt Pearl, Newfoundland & Labrador, Canada A1N0G3
Status: Active
Last updated: 17 days ago ( Jan 28, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 5
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,752 square feet
Price per sq ft: $219
Tax Annual Amount: $4,620
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.532884, -52.813056]
Listing ID: 27848791
Address: 88 Moffatt Road, Mt Pearl, Newfoundland & Labrador, Canada A1N0G3
Status: Active
Last updated: 17 days ago ( Jan 28, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 5
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,752 square feet
Price per sq ft: $219
Tax Annual Amount: $4,620
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.532884, -52.813056]
Rooms
Basic Calculator
First Mortgage: $480,000
Mortgage insurance premium: $0
Total Financing: $480,000
Rough closing fee (1.5%): ~ $9,000
Total downpayment with estimated closing fee: $129,000
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,028 | $36,336 |
Gross rental income (income/principal ratio) | 0.505% | 6.056% |
Mortgage | $0 | $0 |
Monthly Expenses | $750 | $9,000 |
Vacancy | $152 | $1,817 |
Management Fee | $243 | $2,907 |
Expense / Income Ratio | 24.77% | 24.77% |
Cash Flow | $1,885 | $22,620 |
Net Operating Income (NOI) | $1,885 | $22,620 |
Capitalization Rate | 0.31% | 3.77% |
Capitalization Rate: 3.77%
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).): $857,143