About this propertyMLS® 1302927
Located in the heart of St. John’s, this centrally situated semi-detached two-storey home offers convenient walking access to nearby amenities including grocery stores, the Mary Brown’s Centre, George Street, and a variety of dining and entertainment options. Featuring five bedrooms, it presents a great opportunity for first-time buyers or those willing to take on a renovation project and restore its original charm. The main level includes a bright living room with large windows, along with a kitchen and dining area, plus a rear bedroom and additional sitting space, while the original staircase leads to four bedrooms upstairs. Outside, the property offers side access to a spacious, level backyard that could be transformed into a pleasant outdoor retreat with some attention to landscaping and minor fence repairs. The home does require updates and is being sold in its current condition, “as is. (id:56688)
Property details
Coordinates: [47.561789, -52.715598]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Bedroom | 4PC null 16x12 null 12x9 null 13x11 null 12x10.5 null |
| Main level | Bath (# pieces 1-6) Bedroom Living room Dining room Kitchen Porch | 3PC null 15x10 null 16x10 null 16x8 null 15x11 null 5x4 null |
Basic Calculator
First Mortgage: $151,920
Mortgage insurance premium: $0
Total Financing: $151,920
Rough closing fee (1.5%): ~ $2,849
Total downpayment with estimated closing fee: $40,829
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,192 | $26,304 |
| Gross rental income (income/principal ratio) | 1.154% | 13.852% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $238 | $2,856 |
| Vacancy | $110 | $1,316 |
| Management Fee | $176 | $2,105 |
| Expense / Income Ratio | 10.86% | 10.86% |
| Cash Flow | $1,670 | $20,040 |
| Net Operating Income (NOI) | $1,670 | $20,040 |
| Capitalization Rate | 0.88% | 10.55% |
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