BNBCalc.com Investment Analysis Report of 226 Elizabeth St, Findlay, OH, 45840

3 bed • 1 bath • 7 guests • $145,000

BNB

Calc

Return Metrics

-0.09% 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

-0.09%

Cap Rate

6.71%

Return on Investment

13.79%

Annual Revenue

$26,922

AirDNA projects $117/night at 63% occupancy ($26,922). Airbtics projects $183/night at 63% occupancy ($42,108). Airbtics predicts this property will perform in the 53% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$23,875	$33,692	$58,905	$74,459
Occupancy	51%	66%	75%	82%
Nightly Rate	$125	$136	$210	$242

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 The Beech House	$44,082	$180	66%	3	2	7	2	$75	✅	❌	❌	N / Y	⭐️ 5 (53)	Profile
B Homey N. Main House - Close to U of F and Downtown	$34,783	$132	69%	3	2	8	2	$90	❌	❌	✅	N / Y	⭐️ 4.8 (54)	Profile
C Creekside Cottage at Scarlet Oaks Estate	$39,349	$201	51%	3	2	6	2	$50	❌	❌	❌	N / Y	⭐️ 5 (43)	Profile
D Quintessential Findlay Home	$41,097	$124	87%	3	2	6	2	$100	❌	❌	❌	N / Y	⭐️ 4.8 (25)	Profile
E Grandma's Country Home	$36,472	$116	81%	3	2	8	2	$100	✅	❌	❌	N / Y	⭐️ 5 (47)	Profile

Operating Expenses

Monthly Expenses

$1,432

Annual Expenses

$17,180

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$924

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$224

Management & Platform Fees

$67

Platform Fee (i.e. Airbnb)

$67

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$815

Annual Mortgage & Tax

$9,780

Downpayment

Purchase Price

$145,000

Percent Down

20%

Total Downpayment

$29,000

Total Loan Amount

$116,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$695

Property Tax Yearly

0.99%

Property Tax Monthly

$120

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

7,349 sqft

Year built:

1954

Size:

1,496 sqft

Type:

SFR

Parking:

Heating:

Central

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale	Days on Market
2613 Beecher St	3	2	1,310	10,920	1962	$0	-
701 Rockwell Ave	3	1	962	6,399	1959	$161,000	-
2213 Westmoor Rd	3	2	936	16,919	1966	$0	-
247 Madison Ave	4	1	832	7,697	1930	$32,000	-
914 W Melrose Ave	4	2	1,590	15,002	1966	$0	-
640 W Melrose Ave	5	2	1,960	9,801	1968	$232,900	-
1832 Gayle Ln	3	1	1,258	11,199	1971	$180,000	-
2215 Beecher St	3	2	1,383	15,751	1954	$210,000	-
735 W Melrose Ave	3	1	1,180	8,041	1955	$140,000	-
2801 Northgate Blvd	3	2	1,131	10,359	1969	$125,266	-

Property Details

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

Property Use: Single Family Residence

Stories: 1

Lot size: 7,349 sqft

Building area: 1,496 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 580000251210

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $45,330

County Est. Land Value: $16,030

Assessed Land Value: $5,610

County Est. Structure Value: $113,490

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
09/25/24	$145,000	100%	Cole J Rumschlag, Ashley N Rumschlag
09/25/24	$145,000	100%	Cole J Rumschlag, Ashley N Rumschlag
08/15/24	$144,990	100%	Loandepotcom Llc
10/02/20	$159,900	98%	Nicolette Fox, Holly Chiow
08/31/20	$0	0%	Linda S Holmes
07/25/17	$136,000	100%	John Seng
11/09/07	$115,300	80%	Juanita E Corfman

Ownership

Name: Cole J Rumschlag

Owner Occupied: Yes

Owner Mailing Address: 3521 Western Ave, Findlay, OH 45840

Years Owned: 2

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 80%

Owner Type: Individual

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

$6,882

Deductible property tax

$1,435

Est. Depreciation Value

$89,234

Profit on this property

$9,742

Your total deduction

$87,809

So, your new taxable income is your previous income minus your total deduction ($150,000 - $87,809)

$62,191

Your old tax bill

$45,000

Your new tax bill

$18,657

Estimated tax savings

$26,343

226 Elizabeth Ave Findlay, Ohio, 45840

3 bed • 1 bath • 7 guests

Purchase Price

Est. $695/mo

Inquire about this property

Contact Agent

$407,500

Zestimate

Airbnb Investor Score

-$37

Annual Profit

6.7%

Cap Rate

-0.1%

Cash on Cash

$26,922

Annual Revenue

BNBCalc predicts this property will get $183 per night with 63% occupancy, putting it in the top 53% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

12 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

-0.09%

Cap Rate

6.71%

Return on Investment

13.79%

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

$6,882

Deductible property tax

$1,435

Your total deduction

$26,949

Your adjusted annual income

$150,000 - $26,949 = $123,051

Taxes on $123,051 (30%)

$36,915

Your old tax bill

$45,000

Your new tax bill

$36,915

Estimated tax savings

$8,085

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