$33,489
Annual Revenue
Projected nightly rate is $173/night at 53% occupancy.
Top 101% of comparables
Top 101% of comparables
$336
Profit
Revenue
$33,489
Operating Expenses
$15,754
Operating Income
$17,736
Net Effective Rent
$17,400
Profit (Cash Flow)
$336
$7,800
Cash Investment
Renos & Furnishing
$6,250
Setup Costs
$1,550
Total
$7,800
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
4.3%
Payback Period Days
8488
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
8,973 sqft
Year built:
1965
Size:
4,480 sqft
Type:
MFR
Parking:
-
Heating:
FORCED AIR
Sold Comparables
Property Details
- MLS Status: property-details-mls-status-sold
- Property Use: Apartments (Generic)
- Stories: 1
- Lot size: 8,973 sqft
- Building area: 4,480 sqft
- Garage: No
- Heating: Forced air
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: RU-3
- Land Use: Residential
- Parcel Number: 018-037- - -00024
- Flood Zone: No
Tax Info
- Year Assessed: 2021
- Assessed Value: -
- County Est. Land Value: $72,000
- Assessed Land Value: -
- County Est. Structure Value: $113,900
Market Estimate: -
Sale history
Date | Sale Price | % Financed | Buyer |
---|---|---|---|
11/30/22 | $415,900 | 0% | Peabody Flats Llc |
11/30/22 | $415,900 | 0% | Peabody Flats Llc |
09/20/10 | $0 | 0% | Case Management Inc |
Ownership
- Name: Peabody Flats Llc,
- Owner Occupied: No
- Owner Mailing Address: 217 Green Glade Rd, Memphis, Tn 38120
- Years Owned: 6
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: 0%
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: N/A