BNBCalc Short Term Rental Investment Analysis 1521 W Plainfield Ave

8 bed • 2 bath • 24 guests • $364,100

BNB

Calc

Report by:

test at Test

test@test.com

123123 123

Annual Revenue

$276,431

Profit (Cash Flow)

$202,254

Cap Rate

62.3%

Annual Revenue

$276,431

AirDNA projects $1,113/night at 68% occupancy ($276,431).

BNB Calc projects a 68% occupancy rate, $1,113 rate per night.

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

Return Metrics

197.81% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$202,254	$404,508	$606,762	$809,016	$1,011,270	$2,022,541	$6,067,624
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,576	$7,374	$11,406	$15,686	$20,231	$47,520	$291,280
Down Payment	$72,820	$72,820	$72,820	$72,820	$72,820	$72,820	$72,820
Property Appreciation	$10,923	$22,173	$33,761	$45,697	$57,991	$125,219	$519,666
Total Return	$289,574	$506,876	$724,750	$943,221	$1,162,313	$2,268,101	$6,951,391

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

197.81%

Cap Rate

62.29%

Return on Investment

211.99%

1521 W Plainfield Ave Milwaukee, Wisconsin, 53221-1905

8 bed • 2 bath • 24 guests

Purchase Price

Est. $1,746/mo

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test at Test

$364,100

Zestimate

Milwaukee

Guide

Zoning

Guide

Laws

$276,431

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

Airbnb Comparables

Comparable data could not be found for this address

Avg annual revenue

Avg occupancy rate

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

$0k

$100k

$195k

$300k

$202,254

Profit

Revenue

$276,431

Operating Expenses

$49,616

Operating Income

$226,815

Mortgage & Taxes

$24,561

Profit (Cash Flow)

$202,254

$102,243

Cash Investment

Down Payment

$72,820

Renos & Furnishing

$18,500

Closing Costs

$10,923

Total

$102,243

DSCR Ratio

Strong

9.23

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

197.81%

Cap Rate

62.29%

Return on Investment

211.99%

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

$17,281

Deductible property tax

$3,605

Your total deduction

-$152,842

Your adjusted annual income

$150,000 - -$152,842 = $302,842

Taxes on $302,842 (30%)

$90,853

Your old tax bill

$45,000

Your new tax bill

$90,853

Estimated tax savings

-$45,853

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:

43,560 sqft

Year built:

1983

Size:

1,168 sqft

Type:

CONDO

Parking:

Heating:

NONE

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Property Details

MLS Status: property-details-mls-status-sold

Property Use: Condominium

Stories: 1

Lot size: 43,560 sqft

Building area: 1,168 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: RT1

Land Use: Residential

Parcel Number: 578-0377-000

Flood Zone: Yes, Zone 0.2

Tax Info

Year Assessed: 2023

Assessed Value: $156,900

County Est. Land Value: -

Assessed Land Value: $16,900

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
05/18/22	$192,000	97%	Micah Ann Schoer
05/16/22	$145,000	0%	Rodriguez Acquisitions Lcl
08/31/21	$145,000	0%	Rodriguez Acquisitions Llc
05/31/16	$83,000	95%	Emily M Kresse, Andrew Placzek
05/30/08	$134,500	103%	Luebbe,Ethel F
01/29/07	$0	0%	Wenzel,Marco & Deanna M

Ownership

Name: Micah Ann Schoer

Owner Occupied: Yes

Owner Mailing Address: 1521 W Plainfield Ave, Milwaukee, Wi 53221

Years Owned: 27

Home Equity: -

Mortgage Balance Remaining: $186,240

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Milwaukee French Immersion School with 4/10 star rating
Middle School: Roosevelt Middle School of the Arts with 3/10 star rating
High School: Ronald W. Reagan IB High School with 6/10 star rating