About this propertyMLS® 1304613
LOOK at this duplex in the incredible Jonathan Park subdivision, Paradise with a 2-bedroom basement apartment. Move in BEFORE Christmas! Built by award winning MacIntyre Homes with almost two decades of hands on building and a keen eye to detail. This 1176 ft.² developed - that’s 588 per floor two story duplex with basement. apartment. This home has three bedroom for the main floor with 2.5 bath, master bedroom ensuite with walk-in closet and three-piece bath. Comes landscaped and paved. Beautiful kitchen with center island and walk-in pantry with the convenience of a 1/2 bath on the main floor. Help with the monthly bills from the basement apartment. Comes with Atlantic New Home warranty 10 x 10 patio deck. (id:56688)
Property details
Coordinates: [47.551393, -52.887169]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known | 4 pc 4-0 x 6-0 null 7-6 x 11-0 null 10.6 x 15-0 null 10-0 x 1 x 10.0 null |
| Second level | Not known Bedroom Bedroom Ensuite Primary Bedroom | 4 pc 9.6 x 10.0 null 9.6 x 10.0 null 3 pc 12.0 x 12.0 null |
| Main level | Not known Foyer Bath (# pieces 1-6) Dining room Kitchen Living room | 4.6 x 5.6 null 6.0 x 8.0 null 2 pc 8.0 x 12.0 null 8.0 x 12.0 null 12.0 x 13.0 null |
Basic Calculator
First Mortgage: $383,920
Mortgage insurance premium: $0
Total Financing: $383,920
Rough closing fee (1.5%): ~ $7,199
Total downpayment with estimated closing fee: $103,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,941 | $23,292 |
| Gross rental income (income/principal ratio) | 0.404% | 4.854% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $600 | $7,200 |
| Vacancy | $98 | $1,165 |
| Management Fee | $156 | $1,864 |
| Expense / Income Ratio | 30.91% | 30.91% |
| Cash Flow | $1,089 | $13,068 |
| Net Operating Income (NOI) | $1,089 | $13,068 |
| Capitalization Rate | 0.23% | 2.72% |
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