BNBCalc.com Investment Analysis Report of 208 London Rd

3 bed • 1 bath • 9 guests • $221,200

BNB

Calc

Return Metrics

43.42% 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

43.42%

Cap Rate

18.35%

Return on Investment

58.32%

Annual Revenue

$62,384

AirDNA projects $244/night at 70% occupancy ($62,383). Airbtics projects $249/night at 65% occupancy ($59,114). Airbtics predicts this property will perform in the 47% revenue percentile

User selected values for this report: 70% occupancy rate, $244 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$36,330	$60,428	$86,010	$115,079
Occupancy	56%	62%	71%	83%
Nightly Rate	$165	$250	$307	$356

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 Bright & Spacious New Net-Zero Home Near Biltmore	$53,723	$194	68%	3	3	6	1	$160	❌	❌	❌	N / Y	⭐️ 5 (115)	Profile
B Perfect vacation home 1	$36,781	$166	57%	3	2	6	3	$165	❌	❌	❌	N / Y	⭐️ 5 (43)	Profile
C 2 King 1 Queen, Treehouse deck, 10 min to downtown	$57,012	$182	83%	3	2	6	2	$95	❌	❌	❌	N / Y	⭐️ 5 (146)	Profile
D Nanny's Place! HOT TUB and 2 fire pits!	$56,046	$142	96%	3	2	10	2	$120	❌	✅	❌	N / Y	⭐️ 4.9 (590)	Profile
E Asheville Mountain Haven	$27,058	$113	56%	3	3	7	2	$228	❌	❌	❌	N / Y	⭐️ 5 (49)	Profile

Operating Expenses

Monthly Expenses

$1,816

Annual Expenses

$21,790

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,220

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$520

Management & Platform Fees

$156

Platform Fee (i.e. Airbnb)

$156

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,243

Annual Mortgage & Tax

$14,916

Downpayment

Purchase Price

$221,200

Percent Down

20%

Total Downpayment

$44,240

Total Loan Amount

$176,960

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$1,061

Property Tax Yearly

0.99%

Property Tax Monthly

$182

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

12,632 sqft

Year built:

1955

Size:

1,307 sqft

Type:

SFR

Parking:

Heating:

YES

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
941 W Chapel Rd	3	2	1,320	-	5,227	2022	$386,000	40
72 Shiloh Rd	3	3	1,320	-	1,307	2016	$383,000	35
416 London Rd	3	1	1,946	-	15,246	1957	$0	-
3 High Meadow Rd	3	1	1,920	-	10,890	1971	$0	-
6 Blalock Ave	3	1	720	-	12,197	1960	$112,500	-
255 Brooklyn Rd	3	2	1,376	-	16,553	2016	$485,000	38
33 Robinson Ave	2	1	850	-	8,276	1940	$317,000	32
24 Winding Rd	2	2	1,152	-	7,405	1982	$420,000	25
811 Reed St	2	4	1,842	-	11,326	1990	$365,000	-
311 London Rd	3	2	1,240	-	7,841	2009	$367,000	33

Property Details

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

Property Use: Single Family Residential

Stories: 1

Lot size: 12,632 sqft

Building area: 1,307 sqft

Garage: No

Heating: Yes

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: RS8

Land Use: Residential

Parcel Number: 9647-97-2525-00000

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $165,800

County Est. Land Value: $45,700

Assessed Land Value: -

County Est. Structure Value: $120,100

Market Estimate: -

Ownership

Name: Robert L Salters

Owner Occupied: No

Owner Mailing Address: 211 S Beaumont St, Asheville, Nc 28801

Years Owned: 61

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: N/A

Inherited: N/A

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

$10,498

Deductible property tax

$2,190

Est. Depreciation Value

$76,565

Profit on this property

$40,594

Your total deduction

$48,659

So, your new taxable income is your previous income minus your total deduction ($150,000 - $48,659)

$101,341

Your old tax bill

$45,000

Your new tax bill

$30,402

Estimated tax savings

$14,598

208 London Rd Asheville, North Carolina, 28803-2709

3 bed • 1 bath • 9 guests

Purchase Price

Est. $1,061/mo

This property is for sale!

Contact Test

Agent at BNB

$62,384

Annual Revenue

BNBCalc predicts this property will get $249 per night with 65% 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

43.42%

Cap Rate

18.35%

Return on Investment

58.32%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $2,310/mo ($27,720/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,750 to $2,870.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
16 Crestland Rd	$1,900	930	Single Family	3	1	5/22	99.7%	0.12 mi
454 Fairview Rd	$1,400		Apartment	3	1	11/19	98.4%	0.66 mi
35 Shannon Dr	$2,750	1306	Single Family	3	1	4/29	98.1%	0.74 mi
51 Jeffress Ave	$1,850	939	Single Family	3	1	8/20	97.7%	0.94 mi
732 Fairview Rd	$2,600	912	Single Family	3	1	4/28	97.1%	1.16 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

$10,498

Deductible property tax

$2,190

Your total deduction

-$2,935

Your adjusted annual income

$150,000 - -$2,935 = $152,935

Taxes on $152,935 (30%)

$45,881

Your old tax bill

$45,000

Your new tax bill

$45,881

Estimated tax savings

-$881

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:

12,632 sqft

Year built:

1955

Size:

1,307 sqft

Type:

SFR

Parking:

Heating:

YES

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
941 W Chapel Rd	3	2	1,320	-	5,227	2022	$386,000	40
72 Shiloh Rd	3	3	1,320	-	1,307	2016	$383,000	35
416 London Rd	3	1	1,946	-	15,246	1957	$0	-
3 High Meadow Rd	3	1	1,920	-	10,890	1971	$0	-
6 Blalock Ave	3	1	720	-	12,197	1960	$112,500	-
255 Brooklyn Rd	3	2	1,376	-	16,553	2016	$485,000	38
33 Robinson Ave	2	1	850	-	8,276	1940	$317,000	32
24 Winding Rd	2	2	1,152	-	7,405	1982	$420,000	25
811 Reed St	2	4	1,842	-	11,326	1990	$365,000	-
311 London Rd	3	2	1,240	-	7,841	2009	$367,000	33

Property Details

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

Property Use: Single Family Residential

Stories: 1

Lot size: 12,632 sqft

Building area: 1,307 sqft

Garage: No

Heating: Yes

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: RS8

Land Use: Residential

Parcel Number: 9647-97-2525-00000

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $165,800

County Est. Land Value: $45,700

Assessed Land Value: -

County Est. Structure Value: $120,100

Market Estimate: -

Ownership

Name: Robert L Salters

Owner Occupied: No

Owner Mailing Address: 211 S Beaumont St, Asheville, Nc 28801

Years Owned: 61

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: N/A

Inherited: N/A

Foreclosure: No