BNBCalc.com Investment Analysis Report of 2209 Georgetown Blvd

4 bed • 2 bath • 12 guests • $210,100

BNB

Calc

Return Metrics

16.93% cash on cash return is a great return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

16.93%

Cap Rate

11.48%

Return on Investment

31.15%

Annual Revenue

$43,464

AirDNA projects $238/night at 50% occupancy ($43,464). Airbtics projects $295/night at 58% occupancy ($62,493). Airbtics predicts this property will perform in the 48% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$27,628	$53,329	$92,423	$181,816
Occupancy	40%	59%	76%	87%
Nightly Rate	$183	$238	$320	$554

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 Near Ghent \| Open Concept \| Fenced Yard \| Grill	$63,772	$242	72%	4	4	8	1	$0	❌	❌	✅	N / Y	⭐️ 4.9 (119)	Profile
B Cozy comfy minutes from Rivers Casino *Fire pit	$38,896	$194	53%	4	3	8	3	$125	❌	❌	✅	N / Y	⭐️ 4.8 (35)	Profile
C THE POINT! Private waterfront Oasis!	$108,881	$597	46%	4	3	10	1	$350	❌	❌	✅	N / Y	⭐️ 5 (75)	Profile
D Tush and Mane	$29,024	$88	87%	4	4	8	2	$115	❌	❌	❌	N / Y	⭐️ 4.5 (7)	Profile
E Cozy Retreat	$47,136	$273	44%	4	3	8	2	$130	❌	❌	❌	N / N	⭐️ 4.8 (24)	Profile

Operating Expenses

Monthly Expenses

$1,611

Annual Expenses

$19,330

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,062

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$362

Management & Platform Fees

$109

Platform Fee (i.e. Airbnb)

$109

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,181

Annual Mortgage & Tax

$14,172

Downpayment

Purchase Price

$210,100

Percent Down

20%

Total Downpayment

$42,020

Total Loan Amount

$168,080

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$1,008

Property Tax Yearly

0.99%

Property Tax Monthly

$173

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

23,566 sqft

Year built:

1977

Size:

2,624 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale	Days on Market
2145 Lloyd Dr	3	2	2,250	12,240	1977	$0	0
2121 Markland Dr	3	2	1,682	11,151	1970	$0	0
2116 Cherryhill Ln	4	2	1,903	10,629	1969	$0	0
2205 Georgetown Blvd	3	2	1,926	15,507	1976	$411,000	27
2437 Shield Ln	4	2	1,905	12,981	1968	$179,000	0
2116 Burnside Pl	4	2	1,808	14,244	1977	$450,000	32
456 Longdale Cres	4	2	1,869	10,324	1966	$365,000	33
2448 Dunbarton Dr	3	2	1,725	10,934	1967	$310,000	24
2232 Georgetown Blvd	3	2	1,996	11,195	1977	$345,000	28
2300 Rock Creek Dr	4	3	2,016	17,947	1972	$307,000	0

Property Details

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

Property Use: Single Family Residence

Stories: 1

Lot size:23,566 sqft

Building area: 2,624 sqft

Garage: 540 sqft

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: No basement

Lot Info

Zoning: R10S: RESIDENTIAL

Land Use: Residential

Parcel Number: 0193012000140

Flood Zone: No

Tax Info

Year Assessed: 2019

Assessed Value: $300,800

County Est. Land Value: $105,000

Assessed Land Value: $105,000

County Est. Structure Value: $195,800

Market Estimate: -

Ownership

Name: Johnnie Brown

Owner Occupied: Yes

Owner Mailing Address: 2209 Georgetown Blvd, Chesapeake, Va 23325

Years Owned: 571

Home Equity: -

Mortgage Balance Remaining: $430,500

Financed amount: -

Owner Type: Individual

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

$9,972

Deductible property tax

$2,080

Est. Depreciation Value

$96,573

Profit on this property

$24,134

Your total deduction

$84,491

So, your new taxable income is your previous income minus your total deduction ($150,000 - $84,491)

$65,509

Your old tax bill

$45,000

Your new tax bill

$19,653

Estimated tax savings

$25,347

2209 Georgetown Blvd Chesapeake, Virginia, 23325-4725

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,008/mo

This property is for sale!

Contact Test

Agent at BNB

$43,464

Annual Revenue

BNBCalc predicts this property will get $295 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

16.93%

Cap Rate

11.48%

Return on Investment

31.15%

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

$9,972

Deductible property tax

$2,080

Your total deduction

$18,605

Your adjusted annual income

$150,000 - $18,605 = $131,395

Taxes on $131,395 (30%)

$39,418

Your old tax bill

$45,000

Your new tax bill

$39,418

Estimated tax savings

$5,582

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