BNBCalc.com Investment Analysis Report of 314 E Hazeltine Ave

3 bed • 2 bath • 9 guests • $279,700

BNB

Calc

Return Metrics

-8.95% 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

-8.95%

Cap Rate

4.41%

Return on Investment

6.34%

Annual Revenue

$29,913

AirDNA projects $234/night at 35% occupancy ($29,913). Airbtics projects $158/night at 55% occupancy ($31,739). Airbtics predicts this property will perform in the 46% revenue percentile

User selected values for this report: 35% occupancy rate, $234 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$20,358	$32,108	$43,380	$67,001
Occupancy	42%	57%	65%	76%
Nightly Rate	$126	$146	$172	$229

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 Modern Full Home: Hot Tub, Updated Kitchen & Bath	$59,611	$225	69%	3	3	6	2	$120	❌	✅	❌	N / Y	⭐️ 5 (96)	Profile
B Lower apartment for business or pleasure	$36,883	$228	43%	3	1	6	1	$40	❌	❌	❌	N / Y	⭐️ 4.9 (29)	Profile
C Buffalo Gallery	$21,087	$149	37%	3	1	4	2	$50	❌	❌	✅	N / Y	⭐️ 4.9 (38)	Profile
D Roomy, comfortable apartment on a beautiful street	$22,087	$85	65%	3	1	7	2	$65	❌	❌	❌	N / N	⭐️ 4.7 (123)	Profile
E Home in the Heart of North Buffalo	$18,855	$154	32%	3	1	6	3	$185	❌	❌	❌	N / Y	⭐️ 4.9 (35)	Profile

Operating Expenses

Monthly Expenses

$1,464

Annual Expenses

$17,569

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$949

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$249

Management & Platform Fees

$75

Platform Fee (i.e. Airbnb)

$75

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,572

Annual Mortgage & Tax

$18,864

Downpayment

Purchase Price

$279,700

Percent Down

20%

Total Downpayment

$55,940

Total Loan Amount

$223,760

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$1,342

Property Tax Yearly

0.99%

Property Tax Monthly

$231

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

3,640 sqft

Year built:

1920

Size:

1,958 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
364 Warren Ave	3	2	1,248	-	3,914	1940	$260,000	56
162 Warren Ave	4	2	1,417	-	3,952	1920	$275,000	67
327 Parkwood Ave	4	2	1,306	-	7,280	1925	$317,500	62
318 E Hazeltine Ave	3	3	1,503	-	3,640	1925	$300,000	55
338 E Hazeltine Ave	3	2	1,584	-	3,640	1925	$245,000	102
260 Warren Ave	3	2	1,590	-	3,536	1930	$245,000	94
60 Hiler Ave	3	2	1,627	-	4,000	1938	$215,000	-
259 Knowlton Ave	3	1	1,624	-	4,240	1922	$255,000	48
342 Euclid Ave	3	1	1,426	-	4,368	1947	$230,000	54
43 Marquette Ave	3	1	1,482	-	3,500	1945	$200,000	70

Property Details

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

Property Use: Single Family Residence

Stories: 2

Lot size: 3,640 sqft

Building area: 1,958 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: 01 - NOT ZONED

Land Use: Residential

Parcel Number: 146401 78.33-9-30

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $48,800

County Est. Land Value: $24,579

Assessed Land Value: $5,900

County Est. Structure Value: $178,721

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
05/04/22	$175,000	0%	Conner Mullett, Kristen Mullett

Ownership

Name: Conner Mullett

Owner Occupied: No

Owner Mailing Address: 314 E Hazeltine Ave, Kenmore, Ny 14217

Years Owned: 27

Home Equity: $60,029

Mortgage Balance Remaining: $185,871

Financed amount: -

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

$13,275

Deductible property tax

$2,769

Est. Depreciation Value

$116,458

Profit on this property

$12,345

Your total deduction

$120,157

So, your new taxable income is your previous income minus your total deduction ($150,000 - $120,157)

$29,843

Your old tax bill

$45,000

Your new tax bill

$8,953

Estimated tax savings

$36,047

314 E Hazeltine Ave Buffalo, New York, 14217-2918

3 bed • 2 bath • 9 guests

Purchase Price

Est. $1,342/mo

This property is for sale!

Contact Test

Agent at BNB

$29,913

Annual Revenue

BNBCalc predicts this property will get $158 per night with 55% occupancy, putting it in the top 46% 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

-8.95%

Cap Rate

4.41%

Return on Investment

6.34%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $2,100/mo ($25,200/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,740 to $2,460.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
40 Mckinley Ave	$2,400	1600	Single Family	3	2	8/27	98.5%	0.61 mi
73 Saranac Ave	$1,750		Condo	3	2	3/14	98.0%	0.80 mi
87 Neumann Pkwy	$2,250	1075	Single Family	3	2	4/6	96.7%	1.32 mi
87 Neumann Pkwy	$2,500	1075	Single Family	3	2	4/6	96.7%	1.32 mi
31 Ashford Ave	$1,700		Single Family	3	2	4/6	95.9%	1.65 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

$13,275

Deductible property tax

$2,769

Your total deduction

$41,729

Your adjusted annual income

$150,000 - $41,729 = $108,271

Taxes on $108,271 (30%)

$32,481

Your old tax bill

$45,000

Your new tax bill

$32,481

Estimated tax savings

$12,519

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:

3,640 sqft

Year built:

1920

Size:

1,958 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
364 Warren Ave	3	2	1,248	-	3,914	1940	$260,000	56
162 Warren Ave	4	2	1,417	-	3,952	1920	$275,000	67
327 Parkwood Ave	4	2	1,306	-	7,280	1925	$317,500	62
318 E Hazeltine Ave	3	3	1,503	-	3,640	1925	$300,000	55
338 E Hazeltine Ave	3	2	1,584	-	3,640	1925	$245,000	102
260 Warren Ave	3	2	1,590	-	3,536	1930	$245,000	94
60 Hiler Ave	3	2	1,627	-	4,000	1938	$215,000	-
259 Knowlton Ave	3	1	1,624	-	4,240	1922	$255,000	48
342 Euclid Ave	3	1	1,426	-	4,368	1947	$230,000	54
43 Marquette Ave	3	1	1,482	-	3,500	1945	$200,000	70

Property Details

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

Property Use: Single Family Residence

Stories: 2

Lot size: 3,640 sqft

Building area: 1,958 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: 01 - NOT ZONED

Land Use: Residential

Parcel Number: 146401 78.33-9-30

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $48,800

County Est. Land Value: $24,579

Assessed Land Value: $5,900

County Est. Structure Value: $178,721

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
05/04/22	$175,000	0%	Conner Mullett, Kristen Mullett

Ownership

Name: Conner Mullett

Owner Occupied: No

Owner Mailing Address: 314 E Hazeltine Ave, Kenmore, Ny 14217

Years Owned: 27

Home Equity: $60,029

Mortgage Balance Remaining: $185,871

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No