About this propertyMLS® 1301685
Welcome to 3 New Pennywell Road unit 203. An excellent opportunity for first-time buyers, students, downsizers, or investors, this well-maintained 2-bedroom, 1-bathroom condo offers affordable, low-maintenance living in a convenient St. John’s location. The bright open-concept layout features a spacious living room, dining area, and kitchen that flow seamlessly together, creating a comfortable space for everyday living and entertaining. Ideally located close to shopping, restaurants, supermarkets, public transit, Memorial University, Marine Institute, CONA, the Health Sciences Centre, Avalon Mall, and many other amenities. A great opportunity to own a comfortable condo in a central location. (id:56688)
Property details
Coordinates: [47.555127, -52.747113]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Living room Kitchen | 4pc 11X10.5 null 11X7.5 null 16.5X11.5 null 13X7.5 null |
Basic Calculator
First Mortgage: $139,920
Mortgage insurance premium: $0
Total Financing: $139,920
Rough closing fee (1.5%): ~ $2,624
Total downpayment with estimated closing fee: $37,604
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $881 | $10,572 |
| Gross rental income (income/principal ratio) | 0.504% | 6.045% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $219 | $2,628 |
| Vacancy | $45 | $529 |
| Management Fee | $71 | $846 |
| Expense / Income Ratio | 24.86% | 24.86% |
| Cash Flow | $548 | $6,576 |
| Net Operating Income (NOI) | $548 | $6,576 |
| Capitalization Rate | 0.31% | 3.76% |
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