BNBCalc.com Investment Analysis Report of 1478 S Willett St

3 bed • 1 bath • 9 guests • $65,200

BNB

Calc

Return Metrics

87.87% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

87.87%

Cap Rate

38.06%

Return on Investment

99.04%

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

User selected values for this report: 52% occupancy rate, $233 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$24,589	$35,427	$52,447	$83,073
Occupancy	49%	55%	69%	78%
Nightly Rate	$130	$166	$195	$276

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 NEW DECK Updated Designer Historic PRIME Location	$35,135	$182	49%	3	2	6	3	$99	❌	❌	✅	N / Y	⭐️ 5 (98)	Profile
B Dynamite Cooper Young craftsman	$32,006	$105	80%	3	2	5	30	$60	❌	❌	✅	N / Y	⭐️ 4.8 (266)	Profile
C Luxury + Spacious 3BR Midtown home with LARGE yard	$56,849	$156	93%	3	2	10	2	$155	❌	❌	✅	N / Y	⭐️ 5 (104)	Profile
D Midtown Manor \| PettigrewAdventures \| Cooper Young	$38,555	$276	36%	3	2	10	1	$165	❌	❌	✅	N / Y	⭐️ 5 (24)	Profile
E 3BR Midtown Gem: Big Yard, Near Top Dining	$44,865	$149	80%	3	2	9	2	$160	❌	❌	✅	N / Y	⭐️ 4.9 (80)	Profile

Operating Expenses

Monthly Expenses

$1,619

Annual Expenses

$19,433

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,069

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$369

Management & Platform Fees

$111

Platform Fee (i.e. Airbnb)

$111

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$366

Annual Mortgage & Tax

$4,392

Downpayment

Purchase Price

$65,200

Percent Down

20%

Total Downpayment

$13,040

Total Loan Amount

$52,160

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$313

Property Tax Yearly

0.99%

Property Tax Monthly

$54

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

5,968 sqft

Year built:

1924

Size:

1,316 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1396 Silver St	3	2	1,179	-	6,490	1955	$55,000	-
1523 Doris Ave	3	1	1,008	-	11,587	1951	$90,000	45
1360 Gold Ave	2	1	796	-	5,271	1930	$225,000	-
1359 S Parkway E	3	2	1,239	-	7,275	1936	$79,000	117
1561 Wilson St	3	1	1,222	-	6,490	1946	$32,500	-
1930 E Mclemore Ave	3	1	0	-	7,187	1917	$0	136
1497 S Mclean Blvd	3	2	1,401	-	6,142	1956	$105,000	89
1681 Rayner St	2	1	872	-	9,801	1953	$24,750	-
1374 Quinn Ave	2	1	795	-	6,970	1923	$14,000	-
1356 Quinn Ave	2	1	990	-	6,970	1927	$11,000	-

Property Details

MLS Status: 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 feet: -

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

Date	Sale Price	% Financed	Buyer
08/13/21	$49,000	0%	Hesham Habib
08/15/18	$36,500	0%	Sharon Daniels
10/11/17	$22,000	95%	Perry Martin Jr.
10/16/09	$0	0%	King Air Partners Llc
08/28/09	$13,000	0%	Elizabeth Jeffett
04/20/09	$69,332	0%	Hud-Housing Of Urban Dev
Invalid Date	$62,000	100%	Tariq Madyun
Invalid Date	$18,000	105%	Memphis Investment Props Llc
03/04/05	$19,000	0%	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

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

$3,094

Deductible property tax

$645

Est. Depreciation Value

$31,398

Profit on this property

$24,820

Your total deduction

$10,318

So, your new taxable income is your previous income minus your total deduction ($150,000 - $10,318)

$139,682

Your old tax bill

$45,000

Your new tax bill

$41,905

Estimated tax savings

$3,095

1478 S Willett St Memphis, Tennessee, 38106-5046

3 bed • 1 bath • 9 guests

Purchase Price

Est. $313/mo

This property is for sale!

Contact Test

Agent at BNB

$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.

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

87.87%

Cap Rate

38.06%

Return on Investment

99.04%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $1,100/mo ($13,200/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $920 to $1,270.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
1532 Silver St	$1,095	1026	Single Family	3	1	8/13	99.7%	0.14 mi
1551 Gold Ave	$985	888	Single Family	3	1	8/13	99.6%	0.18 mi
1525 Gold Ave	$875	962	Single Family	3	1	6/28	99.5%	0.19 mi
1491 Ethlyn Ave	$1,050	1116	Single Family	3	1	2/23	99.5%	0.17 mi
1450 Gold Ave	$1,225	1208	Single Family	3	1	6/13	99.4%	0.25 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

$3,094

Deductible property tax

$645

Your total deduction

-$10,899

Your adjusted annual income

$150,000 - -$10,899 = $160,899

Taxes on $160,899 (30%)

$48,270

Your old tax bill

$45,000

Your new tax bill

$48,270

Estimated tax savings

-$3,270

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

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1396 Silver St	3	2	1,179	-	6,490	1955	$55,000	-
1523 Doris Ave	3	1	1,008	-	11,587	1951	$90,000	45
1360 Gold Ave	2	1	796	-	5,271	1930	$225,000	-
1359 S Parkway E	3	2	1,239	-	7,275	1936	$79,000	117
1561 Wilson St	3	1	1,222	-	6,490	1946	$32,500	-
1930 E Mclemore Ave	3	1	0	-	7,187	1917	$0	136
1497 S Mclean Blvd	3	2	1,401	-	6,142	1956	$105,000	89
1681 Rayner St	2	1	872	-	9,801	1953	$24,750	-
1374 Quinn Ave	2	1	795	-	6,970	1923	$14,000	-
1356 Quinn Ave	2	1	990	-	6,970	1927	$11,000	-

Property Details

MLS Status: 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 feet: -

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

Date	Sale Price	% Financed	Buyer
08/13/21	$49,000	0%	Hesham Habib
08/15/18	$36,500	0%	Sharon Daniels
10/11/17	$22,000	95%	Perry Martin Jr.
10/16/09	$0	0%	King Air Partners Llc
08/28/09	$13,000	0%	Elizabeth Jeffett
04/20/09	$69,332	0%	Hud-Housing Of Urban Dev
Invalid Date	$62,000	100%	Tariq Madyun
Invalid Date	$18,000	105%	Memphis Investment Props Llc
03/04/05	$19,000	0%	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