You could expect rates in the low to mid 7s for a One Time Close Construction Loan.

There’s no secret formula out there, you will find it near impossible to cash flow with these rates almost anywhere in the greater dmv, you can put more down, you can eat negative cash flow, you can invest in another market (I like the eastern shore, though even there you are probably breaking even at best) or you can put your money in a different asset class, the market decides your return’s for the most part, not you. 

If you need to pull out more than 80% LTV (and some banks allow that) you will be paying into some hefty interest rates.  

For example, if you have a $100,000 loan and your interest rate is 10%, your Dutch repayment schedule will be based on ($100,000 x 10%) / 12 = $833.33 per month.

What are their nightly rates?

Additionally, the retail sector continues to reel under the pressure of an accelerated shift to online shopping, further exacerbated by the economic repercussions of global challenges.Moreover, the financing landscape has tightened, with rising interest rates putting additional pressure on property owners struggling to meet their financial obligations.

This is due to the fact that many lenders provide various loan programs with various periods, interest rates, and minimum down payment requirements.

That being said, I ultimately had to take a 15K price drop on the house and finally got a solid offer from a young buyer.

What is this some flat rate agreement that is X amount per month, not tied to rents, no fees for leasing, etc.?

The previous owner financials showed average nightly rate of $176.