About this propertyMLS® 1304334
Well cared for 2 apt home on a ""child safe"" cul de sac in Airport Heights adjacent to Roncalli Elementary School. Both units are freshly painted, the main unit has new kitchen appliances and a new mini split heater. The basement apartment has new flooring and counter tops in the kitchen. The apartment is currently rented to great, long tenants for $1300 per month POU and they would like to stay on with the new owner. as per sellers direction, there will be no conveyance of any offers until 2:00 PM on Tuesday October 20th and offers to left open until 5:00 PM on October 20th (id:56688)
Property details
Coordinates: [47.604936, -52.744434]
Rooms
| Basement | Bedroom Bedroom Living room Kitchen | 12 x 10 null 12 x 11 null 12 x 10 null 11 x 10 null |
| Main level | Family room Bedroom Bedroom Primary Bedroom Living room Eat in kitchen | 14 x 12 null 11 x 9 null 13 x 11 null 13 x 12 null 18 x 15 null 17 x 11 null |
Basic Calculator
First Mortgage: $439,920
Mortgage insurance premium: $0
Total Financing: $439,920
Rough closing fee (1.5%): ~ $8,249
Total downpayment with estimated closing fee: $118,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,750 | $33,000 |
| Gross rental income (income/principal ratio) | 0.500% | 6.001% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $688 | $8,256 |
| Vacancy | $138 | $1,650 |
| Management Fee | $220 | $2,640 |
| Expense / Income Ratio | 25.02% | 25.02% |
| Cash Flow | $1,705 | $20,460 |
| Net Operating Income (NOI) | $1,705 | $20,460 |
| Capitalization Rate | 0.31% | 3.72% |
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