$42,997
Annual Revenue
Projected nightly rate is $218/night at 54% occupancy.
Top 101% of comparables
Top 101% of comparables
$939
Profit
Revenue
$42,997
Operating Expenses
$16,990
Operating Income
$26,007
Net Effective Rent
$25,068
Profit (Cash Flow)
$939
$8,850
Cash Investment
Renos & Furnishing
$8,750
Setup Costs
$100
Total
$8,850
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
10.6%
Payback Period Days
3442
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
2,311 sqft
Year built:
1910
Size:
1,688 sqft
Type:
SFR
Parking:
-
Heating:
FORCED AIR
Sold Comparables
Property Details
- MLS Status: property-details-mls-status-pending
- Property Use: Single Family Residence
- Stories: 1
- Lot size: 2,311 sqft
- Building area: 1,688 sqft
- Garage: No
- Heating: Forced air
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: R-8 URBAN RESIDENTIAL
- Land Use: Residential
- Parcel Number: S-000-0201-003
- Flood Zone: No
Tax Info
- Year Assessed: 2020
- Assessed Value: $243,000
- County Est. Land Value: $79,000
- Assessed Land Value: $79,000
- County Est. Structure Value: $164,000
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 05/26/23 | $300,000 | 80% | Oyenike E Obrimah |
| 02/23/12 | $0 | 0% | Kensington Partners Llc |
| 06/15/11 | $41,900 | 0% | Chaplin,John G Jr |
| 03/22/11 | $0 | 0% | Citimortgage |
| 02/13/08 | $0 | 0% | Evans,Jeffrey P |
| 04/30/07 | $135,000 | 143% | Eastern Seaboard Investments Llc |
Ownership
- Name: Oyenike E Obrimah
- Owner Occupied: No
- Owner Mailing Address: 9392 Marlbourne Way, Mechanicsville, Va 23116
- Years Owned: 3
- Home Equity: $30,200
- Mortgage Balance Remaining: $240,000
- Financed amount: 142.5926%
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No