Wave Watch generates a steady ± $70.000 gross income.
With all annual expenses paid, including mortgage, there is an annual cash income of ± $18,000, representing a 5.5% return on capital invested.
Beach properties are once again appreciating in value.
This property has the opportunity to add value and increase income.
Of course, there is personal use and enjoyment when the property is not rented.

Situated on a large semi ocean lot, the property has views of the ocean and is close to the beach access.
This location is more protected from wind and waves than direct ocean front, with less risk and requiring less maintenance.
After annual expenses including mortgage payment, this property has steady net income of $12,000.
This represents a return of 4.5% on $265,000 capital invested.
Keep in mind, the property is appreciating AND
Owner gets opportunity to use when not rented.
(Spring and Fall are great times on the Northern OBX!)
Wonderful location and great ocean views!