For Sale · Specialty

0 Horse chop Road, CAPE BROYLE

0 Horse chop Road, CAPE BROYLE, Newfoundland & Labrador A0A1P0

$119,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

86%

Year Built

1985

About this property

Private cozy cabin on 3/4 acre lot in popular horsechops.This property offers open concept with kitchen, living room, 2 bedrooms and full bath. This property will require a new septic and well. Full concrete foundation with open basement for future development. (id:66811)

Financial sandbox

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Estimate
Purchase price$119K
Down payment30% · $36K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$550

Projected NOI

$8K

Annual cash flow

$1K

Cash-on-cash

3.42%

DSCR

1.19

Going-in cap

6.57%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

46,328

Households

16,216

Median income

$88,500

Median age

40.3

Daytime population

77,305

5-yr growth

7.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 0 Horse chop Road, CAPE BROYLE.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.