BNBCalc.com Investment Analysis Report of 1024 N Custer St

3 bed • 2 bath • 9 guests • $167,100

BNB

Calc

Return Metrics

3.47% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

3.47%

Cap Rate

7.71%

Return on Investment

17.65%

Annual Revenue

$30,549

AirDNA projects $164/night at 51% occupancy ($30,549). Airbtics projects $122/night at 62% occupancy ($27,627). Airbtics predicts this property will perform in the 45% revenue percentile

User selected values for this report: 51% occupancy rate, $164 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$19,510	$27,804	$40,830	$53,323
Occupancy	50%	63%	75%	81%
Nightly Rate	$100	$112	$140	$170

Seasonality (Profits By Month)

Airbnb Comparables

Airbnb name	Revenue	Rate Per Night	Occupancy	Beds	Baths	Guests	Night	Cleaning	Pool	H.Tub	Pets	W/D	Reviews	Host
A Riverside Cottage - Charming Bungalow - 2 Kings	$30,062	$107	69%	3	1	6	1	$95	❌	❌	❌	N / Y	⭐️ 5 (78)	Profile
B Front Porch Access W/ W&D! \| Convenient Location	$29,617	$121	62%	3	1	7	1	$80	❌	❌	❌	N / Y	⭐️ 4.9 (129)	Profile
C Delano Delight - Near Downtown - Pet Friendly!	$26,377	$102	63%	3	1	6	2	$95	❌	❌	✅	N / Y	⭐️ 5 (182)	Profile
D Updated 3 Bedroom 1 Bath Home with 2.5 Car Garage!	$27,471	$95	69%	3	1	6	1	$120	❌	❌	✅	N / Y	⭐️ 4.9 (102)	Profile
E Roaring Riverside - Art Deco Luxe- 2 Kings!	$28,692	$103	68%	3	1	6	1	$95	❌	❌	❌	N / Y	⭐️ 5 (92)	Profile

Operating Expenses

Monthly Expenses

$1,471

Annual Expenses

$17,651

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$955

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$255

Management & Platform Fees

$76

Platform Fee (i.e. Airbnb)

$76

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$939

Annual Mortgage & Tax

$11,268

Downpayment

Purchase Price

$167,100

Percent Down

20%

Total Downpayment

$33,420

Total Loan Amount

$133,680

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$801

Property Tax Yearly

0.99%

Property Tax Monthly

$138

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

21,344 sqft

Year built:

1930

Size:

1,728 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1106 N Edwards Ave	2	2	2,217	-	10,019	1985	$0	-
1301 N Gow St	3	2	2,605	-	30,928	1956	$0	52
447 N Richmond Ave	2	1	2,292	-	7,405	1910	$0	31
1312 N Mount Carmel Cir	2	2	1,311	-	3,920	1986	$0	264
3926 W 11th St N	3	2	1,565	-	8,712	1955	$0	40
1311 N Gow St	3	3	1,512	-	25,700	1976	$0	33
1246 N Illinois St	2	2	1,930	-	8,276	1962	$0	34
1012 N Custer St	3	1	1,682	-	21,344	1922	$0	38
645 N Clayton St	3	1	1,056	-	6,534	1955	$0	33
358 N Edwards Ave	1	1	1,122	-	6,534	1925	$0	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 21,344 sqft

Building area: 1,728 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 087-136-13-0-13-04-005.00

Flood Zone: Yes, Zone AREA WITH REDUCED FLOOD RISK DUE TO LEVEE

Tax Info

Year Assessed: 2023

Assessed Value: $1,176

County Est. Land Value: $9,800

Assessed Land Value: $1,176

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/18/20	$500	0%	Cheryl Denise Downey

Ownership

Name: Cheryl Denise Downey

Owner Occupied: No

Owner Mailing Address: 1307 S Wichita St, Wichita, Ks 67213

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$7,931

Deductible property tax

$1,654

Est. Depreciation Value

$57,306

Profit on this property

$12,898

Your total deduction

$53,994

So, your new taxable income is your previous income minus your total deduction ($150,000 - $53,994)

$96,006

Your old tax bill

$45,000

Your new tax bill

$28,802

Estimated tax savings

$16,198

1024 N Custer Ave Wichita, Kansas, 67203

3 bed • 2 bath • 9 guests

Purchase Price

Est. $801/mo

Inquire about this property

Contact Test

Agent at BNB

$167,100

Zestimate

$30,549

Annual Revenue

BNBCalc predicts this property will get $122 per night with 62% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

40 Airbnb Comparables

Identify properties similar to yours in terms of amenities and interior design. Then adjust your Occupancy Rate and Average Daily Rate to match.

Revenue per year

$0k

$100k

$195k

$300k

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

3.47%

Cap Rate

7.71%

Return on Investment

17.65%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $1,290/mo ($15,480/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,190 to $1,390.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
2031 W 13th St N	$1,295	1100	Apartment	3	2	7/2	98.1%	0.78 mi
2015 W 13th St N	$1,295	1100	Townhouse	3	2	2/15	98.0%	0.80 mi
2805 W 3rd St N	$1,295		Single Family	3	2	8/20	97.6%	0.96 mi
421 N Meridian Ave	$1,195	1824	Single Family	3	2	8/20	97.6%	0.97 mi
1963 N Gow St	$1,295	1612	Single Family	3	2	5/9	97.1%	1.15 mi

Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$7,931

Deductible property tax

$1,654

Your total deduction

$15,349

Your adjusted annual income

$150,000 - $15,349 = $134,651

Taxes on $134,651 (30%)

$40,395

Your old tax bill

$45,000

Your new tax bill

$40,395

Estimated tax savings

$4,605

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

21,344 sqft

Year built:

1930

Size:

1,728 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1106 N Edwards Ave	2	2	2,217	-	10,019	1985	$0	-
1301 N Gow St	3	2	2,605	-	30,928	1956	$0	52
447 N Richmond Ave	2	1	2,292	-	7,405	1910	$0	31
1312 N Mount Carmel Cir	2	2	1,311	-	3,920	1986	$0	264
3926 W 11th St N	3	2	1,565	-	8,712	1955	$0	40
1311 N Gow St	3	3	1,512	-	25,700	1976	$0	33
1246 N Illinois St	2	2	1,930	-	8,276	1962	$0	34
1012 N Custer St	3	1	1,682	-	21,344	1922	$0	38
645 N Clayton St	3	1	1,056	-	6,534	1955	$0	33
358 N Edwards Ave	1	1	1,122	-	6,534	1925	$0	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 21,344 sqft

Building area: 1,728 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 087-136-13-0-13-04-005.00

Flood Zone: Yes, Zone AREA WITH REDUCED FLOOD RISK DUE TO LEVEE

Tax Info

Year Assessed: 2023

Assessed Value: $1,176

County Est. Land Value: $9,800

Assessed Land Value: $1,176

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/18/20	$500	0%	Cheryl Denise Downey

Ownership

Name: Cheryl Denise Downey

Owner Occupied: No

Owner Mailing Address: 1307 S Wichita St, Wichita, Ks 67213

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No