Detailed Property Information

Income Summary

Data last updated on: 11/24/2024     Ownership current as of: 11/19/2024     Tax Year: 2024
REID 6825553312000

PIN # 6825-55-3312

Location Address Property Description
1606 W First ST FIRST STREET APARTMENTS LO:005 BL:1859 BU:1
   
Property Owner Owner's Mailing Address
VRP PROPERTIES LLC
3208 COTTINGHAM CT
GREENSBORO NC 27410
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Notes
Sales
Photos
Tax Bill
Map
Income Modeling
Income Model Type
Income Location Average
Economic Year Built
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
ApartmentsUNITS 4 $6,900.00 $27,600.00
apts-bsmtUNITS 1 $5,700.00 $5,700.00


Total Units 5
Total Sqft 0
Total Potential Gross Income $33,300.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $1,665.00
     Deductions Total (% of PGI) 5.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $31,635.00
 
Total Expenses $0.00
Total Expenses Override $11,072.25
NET Income $20,562.75
     Percentage of PGI 61.750%
     Percentage of EGI 65.000%
 
Final Value

Income Method Overall Rate
Rate Used 0.090000


Total Value $228,475.00
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $228,500.00
Final Value Override $0.00