BNBCalc Short Term Rental Investment Analysis 29 Montelago Blvd Unit 434

1 bed • 1 bath • 3 guests • $269,300

BNB

Calc

Report by:

Light key Properties

Management at Light Key Properties

lightkeyproperties@gmail.com

Annual Revenue

$28,252

Profit (Cash Flow)

-$6,667

Cap Rate

4.3%

Annual Revenue

$28,252

AirDNA projects $167/night at 63% occupancy ($38,427). Airbtics projects $119/night at 65% occupancy ($28,251). Airbtics predicts this property will perform in the 37% revenue percentile

BNB Calc projects a 65% occupancy rate, $119 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$26,943	$28,928	$37,117	$43,225
Occupancy	60%	63%	70%	76%
Nightly Rate	$101	$111	$131	$158

Seasonality (Profit by Month)

Return Metrics

-10.07% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$6,667	-$13,334	-$20,001	-$26,668	-$33,336	-$66,672	-$200,016
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,645	$5,454	$8,436	$11,602	$14,963	$35,147	$215,440
Down Payment	$53,860	$53,860	$53,860	$53,860	$53,860	$53,860	$53,860
Property Appreciation	$8,079	$16,400	$24,971	$33,799	$42,892	$92,616	$384,361
Total Return	$57,917	$62,380	$67,266	$72,593	$78,380	$114,951	$453,645

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-10.07%

Cap Rate

4.26%

Return on Investment

6.13%

29 Montelago Blvd Henderson, Nevada, 89011

1 bed • 1 bath • 3 guests

Purchase Price

Est. $1,292/mo

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Contact Agent

$239,300

Zestimate

Henderson

Guide

Zoning

Market

Guide

Laws

Market Data

$28,252

Annual Revenue

BNBCalc predicts this property will get $119 per night with 65% occupancy, putting it in the top 37% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

-$6,667

Profit

Revenue

$28,252

Operating Expenses

$16,753

Operating Income

$11,499

Mortgage & Taxes

$18,166

Profit (Cash Flow)

-$6,667

$66,189

Cash Investment

Down Payment

$53,860

Renos & Furnishing

$4,250

Closing Costs

$8,079

Total

$66,189

DSCR Ratio

Weak

0.63

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-10.07%

Cap Rate

4.26%

Return on Investment

6.13%

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

$12,781

Deductible property tax

$2,666

Your total deduction

$33,093

Your adjusted annual income

$150,000 - $33,093 = $116,907

Taxes on $116,907 (30%)

$35,072

Your old tax bill

$45,000

Your new tax bill

$35,072

Estimated tax savings

$9,928

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:

Year built:

2006

Size:

656 sqft

Type:

CONDO

Parking:

Heating:

FORCED AIR

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Condominium

Stories: 1

Lot size: -

Building area: 656 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 160-22-318-057

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $78,702

County Est. Land Value: $70,849

Assessed Land Value: $24,797

County Est. Structure Value: $154,014

Market Estimate: $281,135

Sale history

Date	Sale Price	% Financed	Buyer
04/24/17	$125,000	0%	Marshall Motto
08/17/15	$105,000	0%	Gary Reinbolt, Dee Reinbolt
05/27/10	$74,900	46%	Connie Larsen
06/01/10	$0	0%	Connie Larsen
07/05/06	$534,900	0%	Saffer Fam Invs 3 Llc
Invalid Date	$0	0%	Montelago Three Dev Co Llc

Ownership

Name: Marshall Motto

Owner Occupied: No

Owner Mailing Address: 6300 Sagewood Dr # H416, Park City, Ut 84098

Years Owned: 83

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Mervin Iverson Elementary School with 6/10 star rating
Middle School: B Mahlon Brown Junior High School with 4/10 star rating
High School: Eldorado High School with 2/10 star rating