$49,500

RESI · MLS® A2273389
3Bedrooms
1Bathrooms
864Sq Ft
02 / Overview

PROPERTY OVERVIEW

3 bedroom, 1 bathroom bungalow situated on a 1.18 acre partially treed lot in Calling River South. Just a short drive to Calling Lake, parks, and the boat launch, this property offers convenient access to recreation and amenities. Gas and power are ran to the home but are disconnected. There is a cistern and holding tank in place for water and sewer (size and condition unknown). Home requires significant work and is being sold as is, where is. Great opportunity...

03 / Details

PROPERTY DETAILS

Property TypeRESI
Building TypeHouse
Total Finished Area864 sq ft
Lot Size51,400 sq ft
ZoningR1C
HeatingNone
CoolingNone
ParkingParking Pad
ExteriorNONE
BasementNone
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$2,361After mortgage & expenses
Cap Rate63.1%Based on market rents
Cash on Cash Return286.2%With 20% down payment
Est. Monthly Rent$2,800Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NONE

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Walk ScoreN/A
Avg Home PriceN/A
Price / Sq FtN/A
Avg Days on MarketN/A
Presented By

Alex Weinberger

Royal LePage Premier Real Estate