Cumberland County
Income Summary

Data last updated on: 4/25/2024     Ownership current as of: 4/10/2024     Tax Year: 2024
REID 0439741653000

 PIN # 0439-74-1653
Location Address Property Description
302 LAW RD APTS LO:4
   
Property Owner Owner's Mailing Address
302 LAW ROAD INVESTMENTS LLC
108 CAVENDISH DR
CARY NC 27513
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Documents
Notes
Sales
Photos
Income Modeling
Income Model Type
Income Location Average
Economic Year Built
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
2-BEDROOMUNITS 8 $6,900.00 $55,200.00


Total Units 8
Total Sqft 0
Total Potential Gross Income $55,200.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $5,520.00
     Deductions Total (% of PGI) 10.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $49,680.00
 
Total Expenses $0.00
Total Expenses Override $19,375.20
NET Income $30,304.80
     Percentage of PGI 54.900%
     Percentage of EGI 61.000%
 
Final Value

Income Method Overall Rate
Rate Used 0.102390


Total Value $295,974.22
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $296,000.00
Final Value Override $0.00