100 Bay Point Dr Unit 302 Dadeville, AL, 36853
2 bed • 2 bath • 6 guests
Est. $2,024/mo

This property is for sale!
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$74,948
Annual Revenue
Projected nightly rate is $380/night at 54% occupancy.
Top 101% of comparables
Top 101% of comparables
$23,658
Profit
Revenue
$74,948
Operating Expenses
$22,823
Operating Income
$52,125
Mortgage & Taxes
$28,467
Profit (Cash Flow)
$23,658
$103,560
Cash Investment
Down Payment
$84,400
Renos & Furnishing
$6,500
Closing Costs
$12,660
Total
$103,560
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
22.84%
Cap Rate
12.35%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$20,029
Deductible property tax
$4,178
Your total deduction
$19,046
Your adjusted annual income
$150,000 - $19,046 = $130,954
Taxes on $130,954 (30%)
$39,286
Your old tax bill
$45,000
Your new tax bill
$39,286
Estimated tax savings
$5,714
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
2003
Size:
1,052 sqft
Type:
CONDO
Parking:
-
Heating:
FORCED AIR
Sold Comparables
Property Details
- MLS Status: Active
- Property Use: Condominium
- Stories: 1
- Lot size: -
- Building area: 1,052 sqft
- Garage: No
- Heating: Forced air
- Pool: No
- Fireplaces: -
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: 62 19 03 07 0 002 038.302
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2022
- Assessed Value: $63,000
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: $315,000
Market Estimate: -
Ownership
- Name: Charles Gillenwaters
- Owner Occupied: Yes
- Owner Mailing Address: 100 Bay Point Dr Unit 302, Dadeville, Al 36853
- Years Owned: 27
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: -
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No