BNBCalc.com Investment Analysis Report of 3275 15th Pl Se Apt 302

3 bed • 1 bath • 9 guests • $169,600

BNB

Calc

Return Metrics

63.99% 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

63.99%

Cap Rate

24.57%

Return on Investment

78.29%

Annual Revenue

$63,633

AirDNA projects $281/night at 62% occupancy ($63,632). Airbtics projects $236/night at 60% occupancy ($51,718). Airbtics predicts this property will perform in the 45% revenue percentile

User selected values for this report: 62% occupancy rate, $281 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$32,623	$52,322	$77,932	$112,107
Occupancy	48%	60%	75%	84%
Nightly Rate	$179	$229	$271	$348

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 Spacious Washington, D.C. Rowhome w/ free parking!	$66,453	$226	78%	3	3	8	2	$80	❌	❌	❌	N / Y	⭐️ 5 (137)	Profile
B Modern DC Row Hse with a garage parking	$33,582	$173	51%	3	2	8	2	$130	❌	❌	✅	N / Y	⭐️ 4.8 (55)	Profile
C Modern Townhome + Free Parking	$65,037	$222	77%	3	3	8	2	$150	❌	❌	❌	N / Y	⭐️ 4.9 (67)	Profile
D Lux Urban Retreat★Easy access to it all!★Fast WIFI	$44,720	$268	43%	3	3	6	2	$195	❌	❌	❌	N / Y	⭐️ 5 (71)	Profile
E Delightful Row Home with ample FREE Parking!	$57,033	$291	51%	3	3	7	2	$180	❌	❌	❌	N / Y	⭐️ 4.8 (65)	Profile

Operating Expenses

Monthly Expenses

$1,829

Annual Expenses

$21,952

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,230

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$530

Management & Platform Fees

$159

Platform Fee (i.e. Airbnb)

$159

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$953

Annual Mortgage & Tax

$11,436

Downpayment

Purchase Price

$169,600

Percent Down

20%

Total Downpayment

$33,920

Total Loan Amount

$135,680

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$813

Property Tax Yearly

0.99%

Property Tax Monthly

$140

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

1,281 sqft

Year built:

1991

Size:

1,047 sqft

Type:

CONDO

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
2832 Hartford St Se Apt 303	2	1	762	-	985	1950	$155,000	66
3287 15th Pl Se Apt 101	3	1	980	-	1,199	1991	$161,000	342
1707 Gainesville St Se Apt 201	2	1	838	-	1,586	1965	$0	-
1310 Congress St Se Apt 404	1	1	521	-	703	1954	$126,500	384
2617 Douglass Pl Se Apt 303	3	2	1,277	-	1,534	2002	$0	-
2609 Douglass Rd Se Apt 401	3	2	1,281	-	973	2003	$0	-
1713 Gainesville St Se Apt 201	3	3	1,678	-	2,245	1965	$195,000	32
2507 Bowen Rd Se	3	3	1,430	-	3,343	2015	$479,000	67
2472 Alabama Ave Se Apt C202	2	1	825	-	825	1964	$150,000	194
2472 Alabama Ave Se Apt A302	1	1	647	-	775	1964	$138,500	36

Property Details

MLS Status: N/A

Property Use: Condominium

Stories: 0

Lot size: 1,281 sqft

Building area: 1,047 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: 5889 2010

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $222,370

County Est. Land Value: $66,710

Assessed Land Value: $66,710

County Est. Structure Value: $155,660

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/29/20	$150,000	75%	Henry Hipps
11/12/12	$62,500	0%	Independent Holdings Corp
05/26/06	$0	0%	Tanya L Marble
01/19/05	$0	0%	Tanya L Marble, Shaun Marble

Ownership

Name: Henry Hipps

Owner Occupied: Yes

Owner Mailing Address: 1380 Monroe St Nw # 306, Washington, Dc 20010

Years Owned: 44

Home Equity: $70,400

Mortgage Balance Remaining: $112,500

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Turner Elementary School with 4/10 star rating
Middle School: Johnson Middle School with 2/10 star rating
High School: Ballou High School with 2/10 star rating

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

$8,049

Deductible property tax

$1,679

Est. Depreciation Value

$57,998

Profit on this property

$41,681

Your total deduction

$26,046

So, your new taxable income is your previous income minus your total deduction ($150,000 - $26,046)

$123,954

Your old tax bill

$45,000

Your new tax bill

$37,186

Estimated tax savings

$7,814

3275 15th Pl SE Washington, District of Columbia, 20020-2940

3 bed • 1 bath • 9 guests

Purchase Price

Est. $813/mo

Inquire about this property

Contact Test

Agent at BNB

$169,600

Zestimate

$63,633

Annual Revenue

BNBCalc predicts this property will get $236 per night with 60% occupancy, putting it in the top 45% 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

63.99%

Cap Rate

24.57%

Return on Investment

78.29%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $2,160/mo ($25,920/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,740 to $2,570.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
3009 Southern Ave	$1,550	909	Single Family	3	1	4/17	97.2%	1.14 mi
3009 Southern Ave	$1,550	909	Condo	3	1	2/9	97.2%	1.14 mi
1642 16th St SE	$3,000	870	Apartment	3	1	6/1	96.1%	1.57 mi
1712 R St SE	$2,600	680	Apartment	3	1	6/11	96.1%	1.58 mi
1642 16th St SE	$3,000	870	Apartment	3	1	5/29	96.1%	1.57 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

$8,049

Deductible property tax

$1,679

Your total deduction

-$13,061

Your adjusted annual income

$150,000 - -$13,061 = $163,061

Taxes on $163,061 (30%)

$48,918

Your old tax bill

$45,000

Your new tax bill

$48,918

Estimated tax savings

-$3,918

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:

1,281 sqft

Year built:

1991

Size:

1,047 sqft

Type:

CONDO

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
2832 Hartford St Se Apt 303	2	1	762	-	985	1950	$155,000	66
3287 15th Pl Se Apt 101	3	1	980	-	1,199	1991	$161,000	342
1707 Gainesville St Se Apt 201	2	1	838	-	1,586	1965	$0	-
1310 Congress St Se Apt 404	1	1	521	-	703	1954	$126,500	384
2617 Douglass Pl Se Apt 303	3	2	1,277	-	1,534	2002	$0	-
2609 Douglass Rd Se Apt 401	3	2	1,281	-	973	2003	$0	-
1713 Gainesville St Se Apt 201	3	3	1,678	-	2,245	1965	$195,000	32
2507 Bowen Rd Se	3	3	1,430	-	3,343	2015	$479,000	67
2472 Alabama Ave Se Apt C202	2	1	825	-	825	1964	$150,000	194
2472 Alabama Ave Se Apt A302	1	1	647	-	775	1964	$138,500	36

Property Details

MLS Status: N/A

Property Use: Condominium

Stories: 0

Lot size: 1,281 sqft

Building area: 1,047 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: 5889 2010

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $222,370

County Est. Land Value: $66,710

Assessed Land Value: $66,710

County Est. Structure Value: $155,660

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/29/20	$150,000	75%	Henry Hipps
11/12/12	$62,500	0%	Independent Holdings Corp
05/26/06	$0	0%	Tanya L Marble
01/19/05	$0	0%	Tanya L Marble, Shaun Marble

Ownership

Name: Henry Hipps

Owner Occupied: Yes

Owner Mailing Address: 1380 Monroe St Nw # 306, Washington, Dc 20010

Years Owned: 44

Home Equity: $70,400

Mortgage Balance Remaining: $112,500

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Turner Elementary School with 4/10 star rating
Middle School: Johnson Middle School with 2/10 star rating
High School: Ballou High School with 2/10 star rating