For sale · MLS® 1304737
9 Rich's Place
Conception Bay South, NL, A1W5B7
List price
$199,000
About this propertyMLS® 1304737
Welcome to 9 Rich's Place in Conception Bay South! This bungalow is ideal for buyers looking to add their own personal touchs. The main level features three bedrooms, a fulll bathroom, a spacious living room, and an eat-in kitchen. Hardwood flooring throughout much of the main level, adding warmth and character to the home. Outside you'll find a generous lot with mature trees, updated front and back decks, and plenty of room to enjoy the outdoors. The home also features some replacement vinyl windows. With some renovations alrerady underway, this property offers a great opportunity for buyers looking to enter the housing market and make it their own. Within walking distance to schools and walking trails, and close to shopping. Some photos have been AI-enhanced (id:56688)
Property details
Coordinates: [47.528507, -52.942834]
Rooms
| Main level | Mud room Bath (# pieces 1-6) Porch Eat in kitchen Bedroom Bedroom Primary Bedroom Living room | 11.5x3.5 null 7.11x6.11 null 6.4x 3.11 null 11.7x 16.8 null 11.6x10.3 null 11.6x8.11 null 11.6x9.9 null 11.7x19.8 null |
Basic Calculator
First Mortgage: $159,200
Mortgage insurance premium: $0
Total Financing: $159,200
Rough closing fee (1.5%): ~ $2,985
Total downpayment with estimated closing fee: $42,785
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,213 | $26,556 |
| Gross rental income (income/principal ratio) | 1.112% | 13.345% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $249 | $2,988 |
| Vacancy | $111 | $1,328 |
| Management Fee | $178 | $2,125 |
| Expense / Income Ratio | 11.25% | 11.25% |
| Cash Flow | $1,677 | $20,124 |
| Net Operating Income (NOI) | $1,677 | $20,124 |
| Capitalization Rate | 0.84% | 10.11% |
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