For sale · MLS® 1304382
37 Faulkner Street
St John's, NL, A1B5E2
List price
$340,000
About this propertyMLS® 1304382
Location Location Location is the name of the game in real estate. This semi-detached two storey is conveniently in close proximity to The Avalon Mall, MUN and the HSC, for those who are studying at MUN or working. The three levels of living space – a full recroom downstairs – allows residents to get away after a long day at work or exhausting after exams. The bright kitchen is a great gathering place for family of friends. Large windows front and back on the main floor let the light come in on sunny days. The kitchen has all the appliances needed for feeding the family. Meanwhile the patio is ideal for BBQs and get togethers. The primary bedroom features its own ensuite, while the additional bedrooms. Outside there is a two-car paved driveway for the family’s cars. Owners are upgrading. NO SELLERS DIRECTIVE (id:56688)
Property details
Coordinates: [47.566507, -52.769053]
Rooms
| Other | Laundry room | 5.8 x 3.9 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 Pc null 8.2 x 10.3 null 8.2 x 10.3 null 13 x 13.8 null |
| Main level | Bath (# pieces 1-6) Foyer Living room Kitchen | B2 null 9 x 9 null 13.7 x 11.3 null 10 x 9 null |
Basic Calculator
First Mortgage: $272,000
Mortgage insurance premium: $0
Total Financing: $272,000
Rough closing fee (1.5%): ~ $5,100
Total downpayment with estimated closing fee: $73,100
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,073 | $24,876 |
| Gross rental income (income/principal ratio) | 0.610% | 7.316% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $425 | $5,100 |
| Vacancy | $104 | $1,244 |
| Management Fee | $166 | $1,991 |
| Expense / Income Ratio | 20.50% | 20.50% |
| Cash Flow | $1,379 | $16,548 |
| Net Operating Income (NOI) | $1,379 | $16,548 |
| Capitalization Rate | 0.41% | 4.87% |
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