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TelephoneEmail88 Moffatt Road, Mt Pearl, Newfoundland & Labrador, Canada A1N0G3

88 Moffatt Road

Mt Pearl, NL, A1N0G3

location

5 Beds | 5 Baths

$600,000

88 Moffatt Road Mt Pearl Newfoundland & Labrador Canada A1N0G3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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]

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

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Investment Calculator:

MonthlyYearly
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 Ratio24.77%24.77%
Cash Flow$1,885$22,620
Net Operating Income (NOI)$1,885$22,620
Capitalization Rate0.31%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