BNBCalc.com Investment Analysis Report of 338 Elm Ave, Long Beach, CA, 90802

1 bed • 1 bath • 3 guests • $280,000

BNB

Calc

Return Metrics

3.23% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

3.23%

Cap Rate

7.53%

Return on Investment

19.47%

Annual Revenue

$39,972

AirDNA projects $192/night at 57% occupancy ($39,972). Airbtics projects $204/night at 59% occupancy ($43,960). Airbtics predicts this property will perform in the 48% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$22,715$36,680$72,869$103,227
Occupancy43%52%73%91%
Nightly Rate$141$188$266$303

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Stylish Apt. Beach/Downtown/ & Convention Center
$48,707
$144
89%
1141$75❌❌✅N / Y⭐️ 4.8 (140)Profile

B

LUX APT next to CONVENTION CENTER/BEACH w/PARKING!
$21,027
$167
31%
1142$99❌❌✅N / Y⭐️ 4.8 (158)Profile

C

Oceanfront Condo with Breathtaking Views!
$58,039
$211
73%
1125$110✅✅✅N / Y⭐️ 4.8 (69)Profile

D

The Daisy Suite - 1920s Studio w/ Ocean View
$55,864
$146
98%
1122$110❌❌✅N / Y⭐️ 5 (88)Profile

E

Cozy Loft in Downtown Long Beach Arts District
$42,223
$136
80%
1133$110❌❌❌N / Y⭐️ 4.8 (79)Profile

Operating Expenses

Monthly Expenses

$1,573

Annual Expenses

$18,876

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,033

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$333

Management & Platform Fees

$100

Platform Fee (i.e. Airbnb)

$100

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$1,573

Annual Mortgage & Tax

$18,876

Downpayment

Purchase Price

$280,000

Percent Down

20%

Total Downpayment

$56,000

Total Loan Amount

$224,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$1,343

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$231

Mortgage Insurance (PMI)

0%

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

$13,289

Deductible property tax

$2,772

Est. Depreciation Value

$131,678

Profit on this property

$21,096

Your total deduction

$126,643

So, your new taxable income is your previous income minus your total deduction ($150,000 - $126,643)

$23,357

Your old tax bill

$45,000

Your new tax bill

$7,007

Estimated tax savings

$37,993

property-location

338 Elm Ave Long Beach, California, 90802-2425

1 bed • 1 bath • 3 guests

Purchase Price

Est. $1,343/mo

Agent

Inquire about this property

Contact Test

Agent at BNB

$39,972

Annual Revenue

BNBCalc predicts this property will get $204 per night with 59% 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

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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

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

3.23%

Cap Rate

7.53%

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

$13,289

Deductible property tax

$2,772

Your total deduction

$36,931

Your adjusted annual income

$150,000 - $36,931 = $113,069

Taxes on $113,069 (30%)

$33,921

Your old tax bill

$45,000

Your new tax bill

$33,921

Estimated tax savings

$11,079

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com