For sale · MLS® 1301744
27 Perrins Road
Conception Bay South, NL, A1W5A6
List price
$399,900
About this propertyMLS® 1301744
Welcome to this lovely two-story duplex situated in the picturesque community of Conception Bay South with an ocean view and water access. This home offers comfort and functionality and a spacious layout. The main floor features a bright living room, a spacious kitchen, and a dining room that has direct access to the rear deck. Also features three bathrooms [One full, one half, and a 3-piece ensuite off the primary bedroom. To complete the 2nd floor, there are two additional bedrooms. The lower level is fully open for future development. A fantastic opportunity for first-time buyers. Location near schools, shopping, recreation, and beautiful coastal scenery. In addition, it has great street-appeal design, with a covered entrance. Construction starting soon! (id:56688)
Property details
Coordinates: [47.513018, -52.971345]
Rooms
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 9 x 6 null 10.2 x 10 null 9.6 x 9 null 10 x 9 null 13.6 x 10.2 null |
| Main level | Bath (# pieces 1-6) Foyer Kitchen Dining room Living room | 6 x 5 2pc 10 x 5 null 14 x 9 null 12.6 x 9.6 null 13.6 x 13.6 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,017 | $24,204 |
| Gross rental income (income/principal ratio) | 0.504% | 6.053% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $101 | $1,211 |
| Management Fee | $162 | $1,937 |
| Expense / Income Ratio | 24.79% | 24.79% |
| Cash Flow | $1,255 | $15,060 |
| Net Operating Income (NOI) | $1,255 | $15,060 |
| Capitalization Rate | 0.31% | 3.77% |
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