About this propertyMLS® 1299591
Welcome to this beautifully updated two-storey detached home, ideally located in the heart of the city. Blending timeless character with modern updates, this inviting property offers a bright and functional layout perfect for everyday living. The spacious living and dining areas feature hardwood flooring and a cozy electric fireplace, while the renovated kitchen provides ample cabinetry and workspace. Upstairs, you'll find three generously sized bedrooms, a full bathroom, and the convenience of a walk-in closet. The undeveloped basement offers excellent storage. Outside, the mature backyard is a private retreat with established trees, an ideal setting to relax or entertain. Situated just minutes from hospitals, schools, universities, shopping, restaurants, recreation, and downtown amenities, this charming home offers both comfort and convenience in a sought-after location. (id:56688)
Property details
Coordinates: [47.558145, -52.726658]
Rooms
| Second level | Bedroom Bath (# pieces 1-6) Bedroom Primary Bedroom | 14.1X13.7 null 7.4X17.4 null 16.1X9.5 null 13.7X13.3 null |
| Main level | Laundry room Kitchen Dining room Porch Living room Porch | 8.1X13.5 null 13.3X13.5 null 12.8X13.1 null 13.7X9.1 null 12.8X17.3 null 5.9X7.1 null |
Basic Calculator
First Mortgage: $203,200
Mortgage insurance premium: $0
Total Financing: $203,200
Rough closing fee (1.5%): ~ $3,810
Total downpayment with estimated closing fee: $54,610
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,405 | $40,860 |
| Gross rental income (income/principal ratio) | 1.341% | 16.087% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $318 | $3,816 |
| Vacancy | $171 | $2,043 |
| Management Fee | $273 | $3,269 |
| Expense / Income Ratio | 9.34% | 9.34% |
| Cash Flow | $2,645 | $31,740 |
| Net Operating Income (NOI) | $2,645 | $31,740 |
| Capitalization Rate | 1.04% | 12.50% |
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