$47,043
Annual Revenue
Projected nightly rate is $280/night at 46% occupancy.
Top 101% of comparables
Top 101% of comparables
$13,328
Profit
Revenue
$47,043
Operating Expenses
$17,516
Operating Income
$29,528
Net Effective Rent
$16,200
Profit (Cash Flow)
$13,328
$7,700
Cash Investment
Renos & Furnishing
$6,250
Setup Costs
$1,450
Total
$7,700
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
173.08%
Payback Period Days
211
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
-
Size:
-
Type:
OTHER
Parking:
-
Heating:
NONE
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: Commercial Miscellaneous
- Stories: 0
- Lot size: -
- Building area: -
- Garage: No
- Heating: None
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Commercial
- Parcel Number: 099000064800
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2010
- Assessed Value: $29,900
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Ownership
- Name:
- Owner Occupied: No
- Owner Mailing Address: 325 E Eisenhower Pkwy Ste # 3, Ann Arbor, Mi 48108
- Years Owned: 0
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: -
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No