BNBCalc.com Investment Analysis Report of 3401 W 92nd Pl

4 bed • 3 bath • 12 guests • $634,100

BNB

Calc

Return Metrics

23.86% 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

23.86%

Cap Rate

12.63%

Return on Investment

39.98%

Annual Revenue

$107,835

AirDNA projects $484/night at 61% occupancy ($107,834). Airbtics projects $400/night at 51% occupancy ($74,509). Airbtics predicts this property will perform in the 49% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$43,693	$73,748	$101,707	$142,335
Occupancy	40%	54%	61%	72%
Nightly Rate	$288	$361	$441	$523

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 Is a very confortable house	$113,356	$510	57%	4	2	8	1	$240	❌	❌	❌	N / N	⭐️ 4.8 (45)	Profile
B Beautiful Big House in Miami, Heated Salt Pool.	$81,629	$426	50%	4	4	10	3	$250	✅	❌	❌	N / Y	⭐️ 4.7 (97)	Profile
C MIAMI Hemingway’s pool house near Miami airport	$103,866	$390	71%	4	2	8	3	$250	✅	❌	✅	N / Y	⭐️ 4.8 (71)	Profile
D 4/2 Luxury Miami House* Yachts*Jetskis specials	$54,168	$370	40%	4	2	8	3	$0	❌	✅	❌	N / Y	⭐️ 5 (40)	Profile
E Miami home 4 bdrm 2 bath w/Pool & Fish Pond	$96,663	$279	93%	4	2	8	3	$170	✅	❌	❌	N / Y	⭐️ 4.9 (63)	Profile

Operating Expenses

Monthly Expenses

$2,308

Annual Expenses

$27,699

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,599

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$899

Management & Platform Fees

$270

Platform Fee (i.e. Airbnb)

$270

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$3,564

Annual Mortgage & Tax

$42,768

Downpayment

Purchase Price

$634,100

Percent Down

20%

Total Downpayment

$126,820

Total Loan Amount

$507,280

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$3,041

Property Tax Yearly

0.99%

Property Tax Monthly

$523

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

2,742 sqft

Year built:

2016

Size:

1,869 sqft

Type:

SFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale	Days on Market
8893 W 34th Ave	5	5	2,759	5,028	2017	$829,000	73
3355 W 90th Ter	4	3	1,862	2,358	2014	$585,000	61
3366 W 90th Ter	4	3	1,862	2,358	2014	$300,000	0
9244 W 33rd Way	3	3	1,545	1,760	2016	$478,000	149
3334 W 96th Pl	4	4	2,433	3,420	2016	$0	0
3323 W 96th Pl	3	3	2,025	3,420	2016	$668,000	59
3580 W 96th Pl	3	3	2,486	4,768	2016	$817,500	73
9727 W 34th Ln	5	3	2,436	3,420	2016	$778,000	97
9255 W 33rd Ln	2	3	1,441	1,723	2017	$430,000	0
3509 W 89th Pl	3	3	1,574	2,011	2014	$470,000	0

Property Details

MLS Status: N/A

Property Use: Townhouse

Stories: 2

Lot size:2,742 sqft

Building area: 1,869 sqft

Garage: -

Heating: None

Pool: No

Fireplaces: 0

Basement: No basement

Lot Info

Zoning: 8000:COMMUNITY FACILITY

Land Use: Residential

Parcel Number: 04-2021-031-7400

Flood Zone: Yes, Zone

Tax Info

Year Assessed: 2023

Assessed Value: $283,260

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
11/28/16	$369,000	95%	Pedro H Martin Jr., Ylina Abella

Ownership

Name: Pedro H Martin Jr

Owner Occupied: Yes

Owner Mailing Address: 3401 W 92nd Pl, Hialeah, Fl 33018

Years Owned: 92

Home Equity: $131,963

Mortgage Balance Remaining: $351,037

Financed amount: 95%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Middle School: Miami Lakes Middle School with 7 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

$30,095

Deductible property tax

$6,278

Est. Depreciation Value

$298,924

Profit on this property

$80,136

Your total deduction

$255,160

So, your new taxable income is your previous income minus your total deduction ($150,000 - $255,160)

-$105,160

Your old tax bill

$45,000

Your new tax bill

-$31,548

Estimated tax savings

$76,548

3401 W 92nd Pl Hialeah, Florida, 33018-2071

4 bed • 3 bath • 12 guests

Purchase Price

Est. $3,041/mo

Inquire about this property

Contact Test

Agent at BNB

$634,100

Zestimate

$107,835

Annual Revenue

BNBCalc predicts this property will get $400 per night with 51% occupancy, putting it in the top 49% 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

23.86%

Cap Rate

12.63%

Return on Investment

39.98%

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

$30,095

Deductible property tax

$6,278

Your total deduction

$51,490

Your adjusted annual income

$150,000 - $51,490 = $98,510

Taxes on $98,510 (30%)

$29,553

Your old tax bill

$45,000

Your new tax bill

$29,553

Estimated tax savings

$15,447

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