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5 Michigan Drive photo 11 / 5

MLS #1284024

5 Michigan Drive

Stephenville

$549,000

8,000 sqft
Industrial
Source Listing

Property Details

Very well maintained building consisting of 8000 sq ft of open warehouse space. Located in Stephenville's Industrial area .....this building is great for storage for your business or make some money and rent storage space for summer vehicles being stored for the winter. Or lease out the whole building and it would pay for its self. Purchase price is HST Applicable (id:66441)

Cost To Own

Down payment and monthly ownership estimate

Start with the listing price, then adjust the financing and monthly carrying costs for a practical estimate.

Purchase Price$549,000
Down Payment - 6%$32,940
Interest Rate5.25%

Amortization

Estimated Monthly Cost

$3,981

Mortgage Payment
$3,092
Property Tax
$389
Insurance
$150
Utilities
$350
Down Payment
$32,940
Loan Amount
$516,060
Total Interest
$411,683

Estimate only. Final payments depend on lender approval, taxes, insurance, closing costs, and mortgage insurance when applicable.

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