BNBCalc.com Investment Analysis Report of 1893 Taormina Ct

3 bed • 3 bath • 9 guests • $600,900

BNB

Calc

Return Metrics

-3.41% 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

-3.41%

Cap Rate

5.9%

Return on Investment

12.87%

Annual Revenue

$56,540

AirDNA projects $258/night at 60% occupancy ($56,539). Airbtics projects $228/night at 58% occupancy ($48,299). Airbtics predicts this property will perform in the 47% revenue percentile

User selected values for this report: 60% occupancy rate, $258 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$32,698	$45,781	$67,825	$90,689
Occupancy	51%	60%	68%	77%
Nightly Rate	$168	$197	$256	$302

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 Amazing 3 BD Condo Near UC Riverside	$34,544	$156	51%	3	2	6	1	$175	❌	❌	❌	N / Y	⭐️ 4.8 (79)	Profile
B Golden's Pool Home \|Jacuzzi\|Game Room\|BBQs\|Arcades	$72,182	$236	77%	3	2	10	1	$180	✅	✅	❌	N / Y	⭐️ 4.8 (66)	Profile
C Cute and quaint home downtown	$44,098	$151	74%	3	2	6	2	$150	❌	❌	❌	N / Y	⭐️ 4.6 (61)	Profile
D Beautiful 3 BR Condo-UC Riverside-Walking Distance	$44,492	$199	54%	3	2	6	1	$175	❌	❌	❌	N / Y	⭐️ 4.7 (73)	Profile
E Modern and Cozy House	$49,705	$178	71%	3	2	6	1	$150	❌	❌	❌	N / Y	⭐️ 4.8 (51)	Profile

Operating Expenses

Monthly Expenses

$1,753

Annual Expenses

$21,030

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,171

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$471

Management & Platform Fees

$141

Platform Fee (i.e. Airbnb)

$141

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$3,377

Annual Mortgage & Tax

$40,524

Downpayment

Purchase Price

$600,900

Percent Down

20%

Total Downpayment

$120,180

Total Loan Amount

$480,720

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$2,882

Property Tax Yearly

0.99%

Property Tax Monthly

$496

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

3,920 sqft

Year built:

2007

Size:

2,095 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1055 Ardmore St	2	1	755	-	20,473	1937	$0	-
1935 Spring Garden St	2	1	620	-	6,534	1926	$320,000	27
1777 Palermo Dr	3	2	2,012	-	2,613	2007	$568,000	10
2954 Lecil St	2	1	1,071	-	6,969	1948	$0	-
3744 Stoddard Ave	2	1	1,375	-	7,840	1910	$565,000	61
1118 Ardmore St	3	2	1,116	-	8,276	1963	$530,000	32
1430 Marsh Way	3	1	1,350	-	8,276	1959	$610,000	42
3273 Chase Rd	4	2	1,888	-	7,405	2000	$0	-
3466 Cote Ln	4	3	1,779	-	7,405	1987	$667,000	25
3217 Knoll Way	4	1	1,320	-	6,534	1969	$960,000	48

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 2

Lot size: 3,920 sqft

Building area: 2,095 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 210-220-017

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $402,460

County Est. Land Value: -

Assessed Land Value: $76,554

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
05/15/18	$368,000	0%	Alavandy Investment Llc
05/16/16	$304,000	97%	Emily A Oberg
02/03/09	$175,000	98%	Cassandra J Owen
08/06/08	$215,100	0%	Citigroup Mtg Loan 2007-Fs1
03/29/07	$379,000	100%	Ricardo Mendez

Ownership

Name: Alavandy Investment Llc

Owner Occupied: No

Owner Mailing Address: 1590 Oakland Rd Ste B100, San Jose, Ca 95131

Years Owned: 74

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 100%

Owner Type: Investor

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

$28,519

Deductible property tax

$5,949

Est. Depreciation Value

$226,747

Profit on this property

$35,510

Your total deduction

$225,706

So, your new taxable income is your previous income minus your total deduction ($150,000 - $225,706)

-$75,706

Your old tax bill

$45,000

Your new tax bill

-$22,712

Estimated tax savings

$67,712

1893 Taormina Ct Riverside, California, 92507-2388

3 bed • 3 bath • 9 guests

Purchase Price

Est. $2,882/mo

Inquire about this property

Contact Test

Agent at BNB

$600,900

Zestimate

$56,540

Annual Revenue

BNBCalc predicts this property will get $228 per night with 58% occupancy, putting it in the top 47% 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

-3.41%

Cap Rate

5.9%

Return on Investment

12.87%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $2,840/mo ($34,080/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $2,480 to $3,200.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
494 Alta Mesa Dr	$2,650	1300	Single Family	3	3	5/13	95.5%	1.80 mi
1085 Clark St	$2,495	1196	Single Family	3	2.5	3/9	94.6%	0.62 mi
3414 Nash St	$2,100	1196	Single Family	3	2.5	6/7	94.5%	0.66 mi
3808 Foxtrot St	$2,495	1381	Townhouse	3	2.5	1/7	93.5%	1.05 mi
4437 Bigem Ct	$2,750	1384	Single Family	3	2.5	4/12	92.6%	1.43 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

$28,519

Deductible property tax

$5,949

Your total deduction

$73,098

Your adjusted annual income

$150,000 - $73,098 = $76,902

Taxes on $76,902 (30%)

$23,071

Your old tax bill

$45,000

Your new tax bill

$23,071

Estimated tax savings

$21,929

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:

3,920 sqft

Year built:

2007

Size:

2,095 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1055 Ardmore St	2	1	755	-	20,473	1937	$0	-
1935 Spring Garden St	2	1	620	-	6,534	1926	$320,000	27
1777 Palermo Dr	3	2	2,012	-	2,613	2007	$568,000	10
2954 Lecil St	2	1	1,071	-	6,969	1948	$0	-
3744 Stoddard Ave	2	1	1,375	-	7,840	1910	$565,000	61
1118 Ardmore St	3	2	1,116	-	8,276	1963	$530,000	32
1430 Marsh Way	3	1	1,350	-	8,276	1959	$610,000	42
3273 Chase Rd	4	2	1,888	-	7,405	2000	$0	-
3466 Cote Ln	4	3	1,779	-	7,405	1987	$667,000	25
3217 Knoll Way	4	1	1,320	-	6,534	1969	$960,000	48

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 2

Lot size: 3,920 sqft

Building area: 2,095 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 210-220-017

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $402,460

County Est. Land Value: -

Assessed Land Value: $76,554

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
05/15/18	$368,000	0%	Alavandy Investment Llc
05/16/16	$304,000	97%	Emily A Oberg
02/03/09	$175,000	98%	Cassandra J Owen
08/06/08	$215,100	0%	Citigroup Mtg Loan 2007-Fs1
03/29/07	$379,000	100%	Ricardo Mendez

Ownership

Name: Alavandy Investment Llc

Owner Occupied: No

Owner Mailing Address: 1590 Oakland Rd Ste B100, San Jose, Ca 95131

Years Owned: 74

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 100%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No