BNBCalc.com Investment Analysis Report of 2313 N Johnson St

4 bed • 2 bath • 12 guests • $230,000

BNB

Calc

Return Metrics

40.42% 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

40.42%

Cap Rate

17.88%

Return on Investment

54.87%

Annual Revenue

$63,005

AirDNA projects $345/night at 50% occupancy ($63,004). Airbtics projects $429/night at 50% occupancy ($78,344). Airbtics predicts this property will perform in the 48% revenue percentile

User selected values for this report: 50% occupancy rate, $345 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$30,784	$63,346	$135,787	$219,799
Occupancy	38%	49%	63%	72%
Nightly Rate	$218	$346	$580	$816

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 Luxurious, Huge, Sleeps 12p-4.5 bedrooms, 7 beds.	$70,862	$503	38%	4	5	8	2	$300	❌	❌	❌	N / Y	⭐️ 4.8 (53)	Profile
B The Treme' Life! French Quarter&Streetcar walking	$28,164	$176	40%	4	1	8	2	$149	❌	❌	✅	N / Y	⭐️ 4.8 (41)	Profile
C Gorgeous Renovated Home in Marigny Triangle	$157,250	$890	48%	4	4	10	2	$295	❌	❌	❌	N / Y	⭐️ 5 (32)	Profile
D Fabulous Remodel of Historic Bakery in the Marigny Triangle	$115,642	$611	51%	4	4	8	2	$225	❌	❌	✅	N / Y	⭐️ 5 (168)	Profile
E Ma Maison Creole	$46,341	$467	22%	4	4	8	3	$250	❌	❌	❌	N / Y	⭐️ 5 (9)	Profile

Operating Expenses

Monthly Expenses

$1,823

Annual Expenses

$21,871

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,225

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$525

Management & Platform Fees

$158

Platform Fee (i.e. Airbnb)

$158

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,292

Annual Mortgage & Tax

$15,504

Downpayment

Purchase Price

$230,000

Percent Down

20%

Total Downpayment

$46,000

Total Loan Amount

$184,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$1,103

Property Tax Yearly

0.99%

Property Tax Monthly

$190

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

4,160 sqft

Year built:

1960

Size:

1,403 sqft

Type:

MFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
2416 Annette St	4	2	1,452	-	3,200	1930	$167,000	195
2516 N Roman St	4	2	1,525	-	3,360	1930	$263,000	47
2318 N Rampart St	4	2	2,234	-	4,096	1920	$600,000	-
2114 Mandeville St	4	2	1,216	-	5,698	1940	$70,000	31
2429 Royal St	4	2	2,755	-	4,953	1890	$850,000	-
1218 Louisa St	4	2	1,586	-	4,760	1930	$250,000	-
3029 Allen St	5	3	1,791	-	8,480	1940	$109,505	39
1810 Touro St	4	2	1,400	-	4,096	1950	$130,000	326
1382 Saint Anthony St	4	2	1,338	-	1,674	1940	$150,000	-
1922 Pauger St	6	3	1,400	-	4,096	1940	$124,000	-

Property Details

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

Property Use: Duplex (2 Units, Any Combination)

Stories: 1

Lot size: 4,160 sqft

Building area: 1,403 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 38W110510

Flood Zone: No

Tax Info

Year Assessed:

Assessed Value: $19,680

County Est. Land Value: $7,300

Assessed Land Value: $730

County Est. Structure Value: $189,500

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/12/19	$178,000	0%	Dream Scope Dev Inc
12/28/16	$100,000	90%	Jonathan D Bastreghi, Victor Bastreghi
09/08/10	$18,000	0%	Lionel L Fascio Jr.

Ownership

Name: Dream Scope Dev Inc

Owner Occupied: No

Owner Mailing Address: 1327 Esplanade Ave, New Orleans, La 70116

Years Owned: 56

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

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

$10,916

Deductible property tax

$2,277

Est. Depreciation Value

$105,735

Profit on this property

$41,134

Your total deduction

$77,794

So, your new taxable income is your previous income minus your total deduction ($150,000 - $77,794)

$72,206

Your old tax bill

$45,000

Your new tax bill

$21,662

Estimated tax savings

$23,338

2313 N Johnson St New Orleans, Louisiana, 70117-8133

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,103/mo

This property is for sale!

Contact Test

Agent at BNB

$63,005

Annual Revenue

BNBCalc predicts this property will get $429 per night with 50% 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

40.42%

Cap Rate

17.88%

Return on Investment

54.87%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $1,930/mo ($23,160/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,410 to $2,460.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
1936 Elysian Fields Ave	$2,000	1502	Single Family	4	2	3/8	99.4%	0.21 mi
2604A Franklin Ave	$1,250	1200	Condo	4	2	4/17	98.6%	0.55 mi
2307 Almonaster Ave	$2,000	1400	Multi-Family	4	2	5/21	98.6%	0.57 mi
1141 Frenchmen St	$2,650	1772	Multi-Family	4	2	5/6	98.4%	0.64 mi
1510 Saint Anthony St	$3,000	1944	Single Family	4	2.5	8/1	94.7%	0.59 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

$10,916

Deductible property tax

$2,277

Your total deduction

$6,554

Your adjusted annual income

$150,000 - $6,554 = $143,446

Taxes on $143,446 (30%)

$43,034

Your old tax bill

$45,000

Your new tax bill

$43,034

Estimated tax savings

$1,966

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:

4,160 sqft

Year built:

1960

Size:

1,403 sqft

Type:

MFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
2416 Annette St	4	2	1,452	-	3,200	1930	$167,000	195
2516 N Roman St	4	2	1,525	-	3,360	1930	$263,000	47
2318 N Rampart St	4	2	2,234	-	4,096	1920	$600,000	-
2114 Mandeville St	4	2	1,216	-	5,698	1940	$70,000	31
2429 Royal St	4	2	2,755	-	4,953	1890	$850,000	-
1218 Louisa St	4	2	1,586	-	4,760	1930	$250,000	-
3029 Allen St	5	3	1,791	-	8,480	1940	$109,505	39
1810 Touro St	4	2	1,400	-	4,096	1950	$130,000	326
1382 Saint Anthony St	4	2	1,338	-	1,674	1940	$150,000	-
1922 Pauger St	6	3	1,400	-	4,096	1940	$124,000	-

Property Details

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

Property Use: Duplex (2 Units, Any Combination)

Stories: 1

Lot size: 4,160 sqft

Building area: 1,403 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 38W110510

Flood Zone: No

Tax Info

Year Assessed:

Assessed Value: $19,680

County Est. Land Value: $7,300

Assessed Land Value: $730

County Est. Structure Value: $189,500

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/12/19	$178,000	0%	Dream Scope Dev Inc
12/28/16	$100,000	90%	Jonathan D Bastreghi, Victor Bastreghi
09/08/10	$18,000	0%	Lionel L Fascio Jr.

Ownership

Name: Dream Scope Dev Inc

Owner Occupied: No

Owner Mailing Address: 1327 Esplanade Ave, New Orleans, La 70116

Years Owned: 56

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No