For sale · MLS® 1304364
91 Larkhall Street Unit#A412
St. John's, NL, A1B2C5
List price
$175,000
About this propertyMLS® 1304364
Affordable, Convenient Living in the Heart of St. John’s! Whether you're a first-time buyer, down-sizer, or investor, this well-located 2-bedroom, 1-bathroom condo offers an excellent opportunity to enjoy affordable homeownership in a convenient area of St. John’s. Inside, you'll find a comfortable and functional layout featuring a spacious living room, dedicated dining area, and practical kitchen with ample cabinetry. Both bedrooms offer comfortable living space, while the full bathroom completes the unit. Warm flooring and neutral tones throughout create an inviting atmosphere with plenty of opportunity to make the space your own. Location is a standout feature! Situated just minutes from Memorial University (MUN), the Health Sciences Centre, Avalon Mall, and a wide variety of shopping, restaurants, and everyday amenities, this property offers exceptional convenience for students, healthcare professionals, and anyone looking to be close to everything the city has to offer. With its desirable central location, practical layout, and affordable living potential, this property is a fantastic opportunity for those looking to enter the real estate market, simplify their lifestyle, or add to their investment portfolio. Don't miss your chance to make this one yours! (id:56688)
Property details
Coordinates: [47.568836, -52.749368]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Living room Eat in kitchen | 4 pcs 10.00 x 8.05 null 13.00 x 11.50 null 11.05 x 10.00 null 18.05 x 10.05 null |
Basic Calculator
First Mortgage: $140,000
Mortgage insurance premium: $0
Total Financing: $140,000
Rough closing fee (1.5%): ~ $2,625
Total downpayment with estimated closing fee: $37,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $682 | $8,184 |
| Gross rental income (income/principal ratio) | 0.390% | 4.677% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $219 | $2,628 |
| Vacancy | $35 | $410 |
| Management Fee | $55 | $655 |
| Expense / Income Ratio | 32.11% | 32.11% |
| Cash Flow | $375 | $4,500 |
| Net Operating Income (NOI) | $375 | $4,500 |
| Capitalization Rate | 0.21% | 2.57% |
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