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BNBCalc Short Term Rental Investment Analysis 1478 S Willett St

3 bed • 1 bath • 9 guests • $65,200

BNB

Calc

Report by:

test at Test

test@test.com

123123 123

Annual Revenue

$44,253

Profit (Cash Flow)

$20,422

Cap Rate

38.1%

Annual Revenue

$44,253

AirDNA projects $233/night at 52% occupancy ($44,252). Airbtics projects $183/night at 58% occupancy ($38,766). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 52% occupancy rate, $233 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles25%50%75%90%
Revenue$24,589$35,427$52,447$83,073
Occupancy49%55%69%78%
Nightly Rate$130$166$195$276

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
NEW DECK Updated Designer Historic PRIME Location
$35,135
$182
49%
323$99❌❌✅Y / Y⭐️ 5 (98)
Dynamite Cooper Young craftsman
$32,006
$105
80%
3230$60❌❌✅Y / Y⭐️ 4.8 (266)
Luxury + Spacious 3BR Midtown home with LARGE yard
$56,849
$156
93%
322$155❌❌✅Y / Y⭐️ 5 (104)
Midtown Manor | PettigrewAdventures | Cooper Young
$38,555
$276
36%
321$165❌❌✅Y / Y⭐️ 5 (24)
3BR Midtown Gem: Big Yard, Near Top Dining
$44,865
$149
80%
322$160❌❌✅Y / Y⭐️ 4.9 (80)
Charming House in "Historically Hip" Cooper-Young
$38,843
$119
76%
321$99❌❌❌Y / Y⭐️ 4.9 (551)
PRIME Location! Fire Pit! Sleeps 9! Just Renovated
$54,046
$256
54%
331$150❌❌✅Y / Y⭐️ 5 (55)
Cooper Young Delight!
$32,045
$166
49%
322$125❌❌✅Y / Y⭐️ 4.9 (103)
Stunning Midtown Remodel near MSEC & Cooper Young
$40,032
$166
59%
331$180❌❌✅Y / Y⭐️ 4.8 (80)
*Insta-worthy* Hunk'A Burnin Love! 3Bed/2Bath in Midtown
$39,409
$160
60%
321$125❌❌✅Y / Y⭐️ 4.8 (46)
Retro Cooper-Young/ Stadium Area Bungalow Midtown
$22,745
$103
53%
322$250❌❌❌Y / Y⭐️ 4.8 (61)
Sleeps 8 Oliver
$47,943
$181
67%
323$130❌❌❌Y / Y⭐️ 5 (60)
Luxury Southern Charm House
$61,350
$250
64%
322$155❌❌✅Y / Y⭐️ 5 (34)
Midtown Charm - Prime Location
$56,427
$194
78%
322$50❌❌❌Y / Y⭐️ 4.9 (73)
Chantilly Century I 1920s Gatsby Manor
$78,543
$460
44%
323$150✅❌✅Y / Y⭐️ 5 (6)
NEW/5 Star Reviews/5 min walk to Everything!
$36,127
$285
34%
322$150❌❌❌Y / Y⭐️ 5 (7)
Velveteen Villa - Memphis in Style
$53,669
$214
58%
332$299❌❌✅Y / Y⭐️ 4.5 (20)
3bd/2bth Cooper Young 2 blocks to Liberty Bowl
$20,660
$95
53%
322$135❌❌✅Y / Y⭐️ 4.8 (227)
Historic Victorian Luxury ~Walkable~All New Midtwn
$43,056
$155
73%
332$149❌❌❌Y / Y⭐️ 5 (62)
Hands-Down BEST Location. 5 Stars!
$40,331
$284
38%
322$150❌❌❌Y / Y⭐️ 4.9 (9)
Retro Bungalow in Hip Historic Cooper-Young
$47,338
$190
66%
322$130❌❌❌Y / Y⭐️ 4.9 (53)
New Build - Graffiti Grind City @ Liberty Park
$36,347
$162
56%
321$175❌❌✅Y / Y⭐️ 4.8 (43)
Cooper Young Gem-Porch fun *Monthly Special*
$29,027
$132
55%
322$120❌❌❌Y / Y⭐️ 5 (69)
Renovated 3/2 * Craftsman Home * Perfect Location
$28,157
$148
46%
323$150❌❌❌Y / Y⭐️ 5 (47)
Midtown Stunner - Elzey House in Cooper Young!
$95,796
$535
48%
332$200❌❌❌Y / Y⭐️ 5 (22)
Historic Memphis Getaway near Liberty Stadium!
$23,343
$125
41%
311$120❌❌❌Y / Y⭐️ 4.8 (52)
Memphis Magic
$22,758
$104
53%
322$70❌❌❌Y / Y⭐️ 4.8 (175)
Blue Boho Escape: world coffee bar + near downtown
$44,646
$190
60%
322$60❌❌✅Y / Y⭐️ 5 (96)
Badger's Den:New 3br Home LUXE+ RGBW LIT Yard DECK
$34,523
$173
50%
323$180❌❌✅Y / Y⭐️ 5 (6)
Charming Bungalow in Prime Location
$27,192
$200
35%
322$75❌❌❌Y / Y⭐️ 5 (18)
3BR in Midtown: walk to Cooper Young, Liberty Bowl
$45,860
$162
75%
322$100❌❌✅Y / Y⭐️ 5 (49)
Super Spacious Apartment minutes from Dtown!
$16,701
$77
53%
312$85❌❌✅Y / Y⭐️ 4.5 (37)
Central Gardens Midtown|FirePit|10mins to Beale St
$48,239
$175
69%
331$130❌❌❌Y / Y⭐️ 5 (46)
Historic Midtown Bungalow-a walker's paradise
$31,072
$109
75%
312$30❌❌✅Y / Y⭐️ 5 (504)
Midtown Magic: Spacious Bungalow Steps from C-Y
$20,283
$81
55%
321$100❌❌✅Y / Y⭐️ 4.8 (35)
BIG Midtown Bungalow - Walk to BBQ, Bars, Coffee
$49,356
$173
72%
311$140❌❌✅Y / Y⭐️ 5 (65)
Beautiful Bungalow Stones throw from Cooper Young
$21,534
$117
46%
313$125❌❌✅Y / Y⭐️ 4.7 (93)
Modern Memphis Maisonette
$52,789
$180
79%
324$180❌❌✅Y / Y⭐️ 4.3 (7)
Eclectic Midtown Bungalow
$38,778
$150
59%
311$130❌❌✅Y / Y⭐️ 5 (67)
stylish Midtown home / sleeps 6
$44,490
$212
54%
332$150❌❌✅Y / Y⭐️ 4.9 (25)

Return Metrics

87.85% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$20,421$40,843$61,265$81,687$102,109$204,218$612,656
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$640$1,320$2,042$2,809$3,622$8,509$52,160
Down Payment$13,040$13,040$13,040$13,040$13,040$13,040$13,040
Property Appreciation$1,956$3,970$6,045$8,183$10,384$22,423$93,057
Total Return$36,058$59,175$82,394$105,719$129,156$248,191$770,914

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

87.85%

Cap Rate

38.06%

Return on Investment

99.02%

property-location

1478 S Willett St Memphis, Tennessee, 38106-5046

3 bed • 1 bath • 9 guests

Est. $313/mo

Agent

This property is for sale!

Contact

test at Test

Memphis

Guide

Zoning

Market

Guide


Laws


Market Data

$44,253

Annual Revenue

BNBCalc predicts this property will get $183 per night with 58% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Top 68% of comparables

Top 16% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$40,771

Avg annual revenue

58%

Avg occupancy rate

$183

Avg nightly rate


🏊‍♂️ Pool
🛁 Hot tub
🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$15k

$40k

$70k

$95k

Sign up to see the data on 40 all comparables

$20,422

Profit

Revenue

$44,253

Operating Expenses

$19,433

Operating Income

$24,820

Mortgage & Taxes

$4,398

Profit (Cash Flow)

$20,422

$23,246

Cash Investment

Down Payment

$13,040

Renos & Furnishing

$8,250

Closing Costs

$1,956

Total

$23,246

DSCR Ratio

Strong

5.64

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

87.85%

Cap Rate

38.06%

Profit (Cummulative)

$20,422

$641

$8,250

$1,956

$0

Total Gain

$23,018

STR 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

$3,094

Deductible property tax

$645

Your total deduction

-$10,486

Your adjusted annual income

$150,000 - -$10,486 = $160,486


Taxes on $160,486 (30%)

$48,146

Your old tax bill

$45,000

Your new tax bill

$48,146


Estimated tax savings

-$3,146

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:

5,968 sqft

Year built:

1924

Size:

1,316 sqft

Type:

SFR

Parking:

-

Heating:

CENTRAL

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: Single Family Residence
  • Stories: 1
  • Lot size: 5,968 sqft
  • Building area: 1,316 sqft
  • Garage: No
  • Heating: Central
  • Pool: No
  • Fireplaces: 2
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: RU-1
  • Land Use: Residential
  • Parcel Number: 048-031- - -00022
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $11,850
  • County Est. Land Value: $3,400
  • Assessed Land Value: $850
  • County Est. Structure Value: $44,000
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
08/13/21$49,0000%Hesham Habib
08/15/18$36,5000%Sharon Daniels
10/11/17$22,00095%Perry Martin Jr.
10/16/09$00%King Air Partners Llc
08/28/09$13,0000%Elizabeth Jeffett
04/20/09$69,3320%Hud-Housing Of Urban Dev
Invalid Date$62,000100%Tariq Madyun
Invalid Date$18,000105%Memphis Investment Props Llc
03/04/05$19,0000%Citifinancial Mortgage Co

Ownership

  • Name: Hesham Habib
  • Owner Occupied: No
  • Owner Mailing Address: 1051 Woodland Glen Dr, Cordova, Tn 38018
  • Years Owned: 36
  • Home Equity: -
  • Mortgage Balance Remaining: $0
  • Financed amount: -
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No