About this propertyMLS® 1304902
Great starter home of investment property, 10 Nash Crescent, a 2 plus 1 bedroom townhome close to schools and major shopping. Recent upgrades include flooring, new rear deck and pex plumbing. There is also a mini split for heating and cooling and to keep energy costs down. The upper level has 2 spacious bedrooms and a full bathroom, the lower level has the third bedroom / family room, laundry and storage. As per sellers direction there will be no conveyance of any written offers prior to 2:00pm on November 2nd, offers are to remain open until 5:00pm on November 2nd. Sold as is where is. (id:56688)
Property details
Coordinates: [47.52722, -52.801349]
Rooms
| Basement | Laundry room Family room | 17 x 10 null 17 x 10 null |
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom | 4 Pc null 14 x 9 null 16 x 11 null |
| Main level | Living room Kitchen | 14 x 11 null 14 x 11 null |
Basic Calculator
First Mortgage: $159,920
Mortgage insurance premium: $0
Total Financing: $159,920
Rough closing fee (1.5%): ~ $2,999
Total downpayment with estimated closing fee: $42,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,568 | $18,816 |
| Gross rental income (income/principal ratio) | 0.784% | 9.413% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $250 | $3,000 |
| Vacancy | $79 | $941 |
| Management Fee | $126 | $1,506 |
| Expense / Income Ratio | 15.94% | 15.94% |
| Cash Flow | $1,115 | $13,380 |
| Net Operating Income (NOI) | $1,115 | $13,380 |
| Capitalization Rate | 0.56% | 6.69% |
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