BNBCalc Short Term Rental Investment Analysis 2383 N Park Blvd

7 bed • 4 bath • 14 guests • $650,000

BNB

Calc

Report by:

SS Rishad

ss.rishadtoronto@gmail.com

Annual Revenue

$91,355

Profit (Cash Flow)

$21,952

Cap Rate

10.1%

Annual Revenue

$91,355

AirDNA projects $481/night at 52% occupancy ($91,354).

BNB Calc projects a 52% occupancy rate, $481 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Return Metrics

13.18% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$21,951	$43,903	$65,855	$87,806	$109,758	$219,517	$658,552
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$6,385	$13,165	$20,362	$28,004	$36,117	$84,834	$520,000
Down Payment	$130,000	$130,000	$130,000	$130,000	$130,000	$130,000	$130,000
Property Appreciation	$19,500	$39,585	$60,272	$81,580	$103,528	$223,545	$927,720
Total Return	$177,837	$226,653	$276,490	$327,392	$379,404	$657,897	$2,236,273

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

13.18%

Cap Rate

10.12%

Return on Investment

28.73%

2383 N Park Blvd Cleveland Heights, Ohio, 44106-3137

7 bed • 4 bath • 14 guests

Purchase Price

Est. $3,118/mo

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Contact Agent

$479,700

Zestimate

$91,355

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

Airbnb Comparables

Comparable data could not be found for this address

Avg annual revenue

Avg occupancy rate

Avg nightly rate

🏊‍♂️ Pool

🛁 Hot tub

🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$0k

$100k

$195k

$300k

$21,952

Profit

Revenue

$91,355

Operating Expenses

$25,556

Operating Income

$65,799

Mortgage & Taxes

$43,847

Profit (Cash Flow)

$21,952

$166,500

Cash Investment

Down Payment

$130,000

Renos & Furnishing

$17,000

Closing Costs

$19,500

Total

$166,500

DSCR Ratio

Strong

1.50

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

13.18%

Cap Rate

10.12%

Return on Investment

28.73%

STR 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

$30,850

Deductible property tax

$6,435

Your total deduction

$51,884

Your adjusted annual income

$150,000 - $51,884 = $98,116

Taxes on $98,116 (30%)

$29,435

Your old tax bill

$45,000

Your new tax bill

$29,435

Estimated tax savings

$15,565

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:

19,672 sqft

Year built:

1910

Size:

6,191 sqft

Type:

MFR

Parking:

Heating:

Hot Water

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Property Details

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

Property Use: Duplex (2 Units, Any Combination)

Stories: -

Lot size: 19,672 sqft

Building area: 6,191 sqft

Garage: Yes

Heating: Hot water

Pool: No

Fireplaces: 1

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: B

Land Use: Residential

Parcel Number: 685-25-026

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $129,780

County Est. Land Value: $84,400

Assessed Land Value: $29,540

County Est. Structure Value: $286,400

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
08/23/01	$560,000	32%	Charlotte Thompson

Ownership

Name: Charlotte Thompson

Owner Occupied: No

Owner Mailing Address: 2345 Bellfield Ave, Cleveland, OH 44106

Years Owned: 280

Home Equity: $561,324

Mortgage Balance Remaining: $180,000

Financed amount: 32%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No