Cumberland County
Income Summary

Data last updated on: 3/13/2025     Ownership current as of: 2/21/2025     Tax Year: 2025
REID 0437070185000

 PIN # 0437-07-0185
Location Address Property Description
1107 W ROWAN ST 0.99 AC LD
   
Property Owner Owner's Mailing Address
ROWAN STREET HOLDINGS LLC
11510 DARLINGTON RIDGE LN
CHARLOTTE NC 28262
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Documents
Notes
Sales
Photos
Income Modeling
Income Model Type Apt Mod 3 Class C Fa
Income Location Good
Economic Year Built 1945
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
1 BEDROOMUNITS 12 $7,620.00 $91,440.00
2 BEDROOMUNITS 12 $10,080.00 $120,960.00


Total Units 24
Total Sqft 0
Total Potential Gross Income $212,400.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $10,620.00
     Deductions Total (% of PGI) 5.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $201,780.00
 
Total Expenses $0.00
Total Expenses Override $80,712.00
NET Income $121,068.00
     Percentage of PGI 57.000%
     Percentage of EGI 60.000%
 
Final Value

Income Method Overall Rate
Rate Used 0.096285


Total Value $1,257,392.12
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $1,257,400.00
Final Value Override $0.00