About this propertyMLS® 1297794
Location, view, and endless opportunity! Located in the vibrant heart of downtown St. John’s, this 3-bedroom, 2-story attached home offers beautiful harbor views and a lifetime of potential. Enjoy ultimate convenience with shopping, restaurants, schools, MUN, and St. Clare’s Hospital all just minutes away. Plus, enjoy effortless commuting with quick access to the Downtown Arterial. Whether you're searching for your first home, or looking for that Airbnb, this property is ready for your vision. Move in and embrace the best of downtown living just in time for summer! (id:56688)
Property details
Coordinates: [47.561723, -52.715451]
Rooms
| Basement | Laundry room | 6.5x11 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 Pcs null 12.5x12 null 9.4x10.11 null 13x14 null |
| Main level | Kitchen Dining room Living room | 9x11.4 null 13x12 null 13x14 null |
Basic Calculator
First Mortgage: $191,920
Mortgage insurance premium: $0
Total Financing: $191,920
Rough closing fee (1.5%): ~ $3,599
Total downpayment with estimated closing fee: $51,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,822 | $21,864 |
| Gross rental income (income/principal ratio) | 0.759% | 9.114% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $300 | $3,600 |
| Vacancy | $92 | $1,094 |
| Management Fee | $146 | $1,750 |
| Expense / Income Ratio | 16.47% | 16.47% |
| Cash Flow | $1,286 | $15,432 |
| Net Operating Income (NOI) | $1,286 | $15,432 |
| Capitalization Rate | 0.54% | 6.43% |
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