Cumberland County
Income Summary

Data last updated on: 4/15/2024     Ownership current as of: 4/10/2024     Tax Year: 2024
REID 0426794390000

PIN # 0426-79-4390

Location Address Property Description
2800 AMELIA DR 2.91 ACS HORNE LD
   
Property Owner Owner's Mailing Address
AMELIAWOOD ACQUISITION LLC;FLUECK AMELIAWOOD LLC
817 HILLSBOROUGH ST STE F104
RALEIGH NC 27603
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
3 BEDROOMUNITS 18 $12,300.00 $221,400.00


Total Units 18
Total Sqft 0
Total Potential Gross Income $221,400.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $22,140.00
     Deductions Total (% of PGI) 10.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $199,260.00
 
Total Expenses $0.00
Total Expenses Override $45,830.00
NET Income $153,430.00
     Percentage of PGI 69.300%
     Percentage of EGI 77.000%
 
Final Value

Income Method Overall Rate
Rate Used 0.087390


Total Value $1,755,692.87
Excess Land $90,000.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $1,845,700.00
Final Value Override $0.00