$33,949
Annual Revenue
Projected nightly rate is $169/night at 55% occupancy.
Top 101% of comparables
Top 101% of comparables
-$2,264
Profit
Revenue
$33,949
Operating Expenses
$15,813
Operating Income
$18,136
Net Effective Rent
$20,400
Profit (Cash Flow)
-$2,264
$6,600
Cash Investment
Renos & Furnishing
$6,500
Setup Costs
$100
Total
$6,600
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
-34.3%
Payback Period Days
0
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
7,754 sqft
Year built:
1900
Size:
1,768 sqft
Type:
SFR
Parking:
2
Heating:
HEAT PUMP
Sold Comparables
Property Details
- MLS Status: property-details-mls-status-cancelled
- Property Use: Single Family Residence
- Stories: 1
- Lot size: 7,754 sqft
- Building area: 1,768 sqft
- Garage: Yes
- Heating: Heat pump
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: R-5,RESIDENTIAL DISTRICT
- Land Use: Residential
- Parcel Number: R05407-036-008-000
- Flood Zone: No
Tax Info
- Year Assessed: 2022
- Assessed Value: $139,800
- County Est. Land Value: $40,100
- Assessed Land Value: $40,100
- County Est. Structure Value: $99,700
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 04/12/22 | $0 | 0% | Baynes & Associates Llc |
| 12/23/21 | $300,000 | 80% | Maureen H Baynes |
| 04/26/21 | $128,000 | 0% | Lehrer Properties Llc |
| 03/04/21 | $90,000 | 0% | One Step Properties Llc |
Ownership
- Name: Baynes & Associates Llc,
- Owner Occupied: No
- Owner Mailing Address: 322 S College Rd# 1049, Wilmington, Nc 28403
- Years Owned: 19
- Home Equity: $108,200
- Mortgage Balance Remaining: $240,000
- Financed amount: 0%
- Owner Type: Investor
- Lien: No
- Inherited: Yes
- Foreclosure: No