About this propertyMLS® 1304324
Bright and cozy 2 apartment home in Paradise with 3 bedrooms on the main, large family room with half bath and laundry and a 2 bedroom basement apartment with separate laundry. There is a fully fenced rear yard with a small baby barn for storage. This home has vinyl windows, pex plumbing and all new doors. Note; the 2 broken window seals in main kitchen will be repaired and HRV unit serviced prior to closing Sellers direction, no conveyance of any written offers prior to 2:00 PM on October 19th, offers to remain open until 5:00 PM on October 19th. (id:56688)
Property details
Coordinates: [47.532461, -52.856663]
Rooms
| Basement | Bedroom Bedroom Living room Kitchen | 10 x 9 null 10 x 10 null 12 x 11 null 12 x 12 null |
| Main level | Bedroom Bedroom Primary Bedroom Living room Kitchen | 10 x 10 null 10 x 10 null 14 x 13 null 16 x 12 null 18 x 12 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,232 | $14,784 |
| Gross rental income (income/principal ratio) | 0.274% | 3.286% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $62 | $740 |
| Management Fee | $99 | $1,183 |
| Expense / Income Ratio | 45.70% | 45.70% |
| Cash Flow | $509 | $6,108 |
| Net Operating Income (NOI) | $509 | $6,108 |
| Capitalization Rate | 0.11% | 1.36% |
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