BNBCalc.com Investment Analysis Report of 1502 Lee St

2 bed • 2 bath • 6 guests • $400,000

BNB

Calc

Return Metrics

-13.29% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.29%

Cap Rate

3.46%

Return on Investment

2.87%

Annual Revenue

$31,678

AirDNA projects $147/night at 59% occupancy ($31,677). Airbtics projects $151/night at 58% occupancy ($31,988). Airbtics predicts this property will perform in the 45% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$23,399	$33,191	$44,872	$54,450
Occupancy	47%	60%	74%	79%
Nightly Rate	$132	$147	$160	$179

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 "LADY BUTTERBUG COTTAGE" IN HISTORIC MCKINNEY	$21,210	$129	43%	2	1	4	2	$75	❌	❌	❌	N / Y	⭐️ 4.9 (233)	Profile
B \|\| Blue Bungalow \|\| Adorable Downtown McKinney	$36,675	$136	67%	2	1	6	1	$95	❌	❌	✅	N / Y	⭐️ 4.7 (243)	Profile
C Location! Beautiful 2 bed / 2 blocks from Downtown	$45,778	$137	90%	2	1	4	2	$65	❌	❌	❌	N / Y	⭐️ 5 (80)	Profile
D Historic McKinney at its best!	$29,063	$100	77%	2	1	4	2	$85	❌	❌	❌	N / Y	⭐️ 4.8 (38)	Profile
E "Casita Grande" Downtown Guest House with Kitchen	$44,381	$154	77%	2	1	4	2	$75	❌	❌	❌	N / Y	⭐️ 5 (39)	Profile

Operating Expenses

Monthly Expenses

$1,483

Annual Expenses

$17,798

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$964

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$264

Management & Platform Fees

$79

Platform Fee (i.e. Airbnb)

$79

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$2,248

Annual Mortgage & Tax

$26,976

Downpayment

Purchase Price

$400,000

Percent Down

20%

Total Downpayment

$80,000

Total Loan Amount

$320,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$1,919

Property Tax Yearly

0.99%

Property Tax Monthly

$330

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

Year built:

1900

Size:

1,108 sqft

Type:

SFR

Parking:

Heating:

Central

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale
203 W Graham St	3	2	1,232	0	1983	$0
1101 N Bradley St	3	2	1,375	5,380	2004	$0
1015 Coleman St	4	1	2,919	17,385	1940	$0
708 Barnes St	2	1.5	1,042	0	1960	$0
916 S Tennessee St	3	2	1,267	6,316	2003	$0
103 W Graham St	3	2	1,358	0	1984	$0
1204 W Josephine St	3	2	2,119	19,166	1964	$0
1003 N College St	3	2	1,414	7,113	1950	$0
108 E Graham St	3	2	1,324	0	1983	$0
209 S Waddill St	-	NaN	2,118	0	1956	$0

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size:-

Building area: 1,108 sqft

Garage: -

Heating: Central

Pool: No

Fireplaces:

Basement: No basement

Lot Info

Zoning: RS-60

Land Use: Residential

Parcel Number: R-0926-000-472A-1

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $375,000

County Est. Land Value: $180,000

Assessed Land Value: $180,000

County Est. Structure Value: $195,000

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
05/16/12	$0	0%	Diana Marlene Thornhill
05/15/12	$0	0%	Amanda H Rock, Justin A Rock
03/08/00	$0	0%	Richard W Thornhill, Diana M Thornhill

Ownership

Name: Lfg Capital Management Llc

Owner Occupied: No

Owner Mailing Address: 2604 Addison St, Mckinney, TX 75071

Years Owned: 150

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: Yes

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

$18,984

Deductible property tax

$3,960

Est. Depreciation Value

$141,013

Profit on this property

$13,880

Your total deduction

$150,078

So, your new taxable income is your previous income minus your total deduction ($150,000 - $150,078)

-$78

Your old tax bill

$45,000

Your new tax bill

-$23

Estimated tax savings

$45,023

1502 Lee St McKinney, Texas, 75069

2 bed • 2 bath • 6 guests

Purchase Price

Est. $1,919/mo

Inquire about this property

Contact Agent

$1,107,300

Zestimate

$31,678

Annual Revenue

BNBCalc predicts this property will get $151 per night with 58% 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

-13.29%

Cap Rate

3.46%

Return on Investment

2.87%

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

$18,984

Deductible property tax

$3,960

Your total deduction

$53,982

Your adjusted annual income

$150,000 - $53,982 = $96,018

Taxes on $96,018 (30%)

$28,805

Your old tax bill

$45,000

Your new tax bill

$28,805

Estimated tax savings

$16,195

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