15 Evergreen Drive
Paradise, NL, A1L1A7
0 Bed | 0 Bath
$95,000
About the property (MLS: 1284593):
This mobile home is a SHELL ONLY . Interior, including flooring has been removed. Start from scratch on the inside and customize to you own plan or remove and the lot is a blank canvas. Please use EXTREME caution when viewing as there is NO flooring just floor joists and can be viewed from the entrance doorway. (id:56688)
Property Details
MLS: 1284593
Listing ID: 28264949
Address: 15 Evergreen Drive, Paradise, Newfoundland & Labrador, Canada A1L1A7
Status: Active
Last updated: 15 days ago ( May 6, 2025 )
Year Built: 1979
Property Type: Single Family
Structure Type: Mobile Home
Ownership Type: Freehold
Beds: 0
Baths: 0
1/2 Baths: 0
Heating: No heat
Sewer: Municipal sewage system
Living Area Total: 924 square feet
Price per sq ft: $103
Tax Annual Amount: $728
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: No heat
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.537476, -52.837906]
Listing ID: 28264949
Address: 15 Evergreen Drive, Paradise, Newfoundland & Labrador, Canada A1L1A7
Status: Active
Last updated: 15 days ago ( May 6, 2025 )
Year Built: 1979
Property Type: Single Family
Structure Type: Mobile Home
Ownership Type: Freehold
Beds: 0
Baths: 0
1/2 Baths: 0
Heating: No heat
Sewer: Municipal sewage system
Living Area Total: 924 square feet
Price per sq ft: $103
Tax Annual Amount: $728
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: No heat
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.537476, -52.837906]
Rooms
Basic Calculator
First Mortgage: $76,000
Mortgage insurance premium: $0
Total Financing: $76,000
Rough closing fee (1.5%): ~ $1,425
Total downpayment with estimated closing fee: $20,425
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,017 | $12,204 |
| Gross rental income (income/principal ratio) | 1.071% | 12.846% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $119 | $1,428 |
| Vacancy | $51 | $611 |
| Management Fee | $82 | $977 |
| Expense / Income Ratio | 11.70% | 11.70% |
| Cash Flow | $766 | $9,192 |
| Net Operating Income (NOI) | $766 | $9,192 |
| Capitalization Rate | 0.81% | 9.68% |
Capitalization Rate: 9.68%
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).): $135,715
