About this propertyMLS® 1303811
Discover the convenience of condo living in this well-located property just off Pine Bud Avenue, in one of the well connected, scenic areas of St. John's. Whether you're a first time homebuyer, looking to downsize, or searching for an investment opportunity, this condo offers plenty of potential. Situated on the second level, this bright unit features a functional layout with a spacious living room, kitchen, dining area, two bedrooms and a full bathroom. Residents also benefit from free of charge shared laundry facilities and a private storage unit downstairs. Enjoy being just minutes from Churchill Square, Memorial University, The Avalon Mall, and Downtown St. John's. With nearby bus routes and everyday amenities, this location makes city living easy and convenient. Book your viewing today and explore the possibilities! (id:56688)
Property details
Coordinates: [47.574881, -52.721044]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Dining nook Kitchen Living room | 3PC null 8x11.5 null 12.8x10 null 8.8x7.5 null 11.5x7.5 null 12x14 null |
Basic Calculator
First Mortgage: $153,600
Mortgage insurance premium: $0
Total Financing: $153,600
Rough closing fee (1.5%): ~ $2,880
Total downpayment with estimated closing fee: $41,280
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $703 | $8,436 |
| Gross rental income (income/principal ratio) | 0.366% | 4.394% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $240 | $2,880 |
| Vacancy | $36 | $422 |
| Management Fee | $57 | $675 |
| Expense / Income Ratio | 34.14% | 34.14% |
| Cash Flow | $372 | $4,464 |
| Net Operating Income (NOI) | $372 | $4,464 |
| Capitalization Rate | 0.19% | 2.33% |
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