Owner
$20,698
20062 BONZ BEACH HWY, ONAWAY, MI
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
0
baths
0
sq. ft.
0
property type
Single Family Residential
hoa
No
About
Residential
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
—
Building Size
0 sq ft
Lot Size
60,113 sq ft
Lot Size (Acres)
1.38 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
090-008-000-010-01
County
—
Metro Area
—
Zoning
—
Neighborhood/Subdivision
PLAT OF PRESQUE ISLE HEIGHTS
Lot Number
—
School District
Onaway Area Community School District
Legal Description
T35N R2E SEC 8 PARC IN E1/2 OF NE1/4 COM AT E1/4 COR OF SEC 8, TH N 85DEG 55MIN 4SEC W ALONG E/W 1/4 LINE 253FT TO POB, TH
Tax & Value Information
Market Value (Total)
$8,600
Building Value
$0
Land Value
$8,600
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$4,300
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
8/30/2011
Recording Date
9/21/2011
Sales Document #
2011.3281
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$801
Return on Investment
15.60%
After Repair Value
$22,768
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$18,628
Renovation Cost
$1,035
Closing Costs (buying)
$373
Holding Costs
$565
Selling Costs
$1,366
Total Investment
$5,133
After Repair Value (ARV)
$22,768
Total Costs
$21,967
Estimated Profit
$801
Cash Invested
$4,761
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area