BNBCalc.com Investment Analysis Report of 3413 Morningside Dr Ne

3 bed • 1 bath • 6 guests • $144,000

BNB

Calc

Return Metrics

20.52% 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

20.52%

Cap Rate

12.63%

Return on Investment

34.38%

Annual Revenue

$36,641

AirDNA projects $176/night at 57% occupancy ($36,641). Airbtics projects $175/night at 65% occupancy ($41,546). Airbtics predicts this property will perform in the 50% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$20,876	$35,661	$54,716	$96,277
Occupancy	48%	71%	76%	93%
Nightly Rate	$116	$132	$190	$273

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 Vibrant ABQ Adobe Den: Mtn Views, Walk to Park!	$83,712	$440	51%	3	2	7	2	$78	✅	❌	❌	N / Y	⭐️ 4.5 (50)	Profile
B Charming Apt in NE Heights	$24,545	$142	44%	3	2	8	2	$150	❌	❌	❌	N / Y	⭐️ 5 (21)	Profile
C Lafayette Hot Tub House Modern and Sleek	$30,906	$160	44%	3	2	6	1	$255	❌	✅	✅	N / Y	⭐️ 4.6 (18)	Profile
D Beautiful Adobe Hacienda with Urban Convenience	$32,890	$184	47%	3	2	6	2	$95	❌	❌	❌	N / Y	⭐️ 5 (35)	Profile
E Cozy three bedroom in the heart of Albuquerque, NM	$43,785	$166	69%	3	2	6	2	$140	❌	❌	✅	N / Y	⭐️ 4.7 (21)	Profile

Operating Expenses

Monthly Expenses

$1,537

Annual Expenses

$18,443

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,005

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$305

Management & Platform Fees

$92

Platform Fee (i.e. Airbnb)

$92

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$809

Annual Mortgage & Tax

$9,708

Downpayment

Purchase Price

$144,000

Percent Down

20%

Total Downpayment

$28,800

Total Loan Amount

$115,200

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$691

Property Tax Yearly

0.99%

Property Tax Monthly

$119

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

7,318 sqft

Year built:

1955

Size:

960 sqft

Type:

SFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale	Days on Market
3722 Aztec Rd Ne	2	1	1,221	7,187	1955	$0	34
3026 Truman St Ne	3	1	2,133	6,621	1952	$0	0
3626 Headingly Ave Ne	2	1	948	7,187	1955	$0	56
3306 Shepard Pl Ne	3	2	1,867	7,928	1955	$0	40
3404 Delamar Ave Ne	3	2	1,714	10,498	1974	$0	0
2724 Jefferson St Ne	3	2	1,430	7,187	1965	$0	588
3412 Tiley Dr Ne	3	2	1,288	8,059	1954	$0	53
2818 Sierra Dr Ne	2	1	871	7,187	1950	$0	49
3808 Candelaria Rd Ne	2	2	1,226	7,492	1957	$0	101
4004 Alta Monte Ave Ne	3	2	1,877	9,017	1955	$0	0

Property Details

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

Property Use: Single Family Residence

Stories: 1

Lot size:7,318 sqft

Building area: 960 sqft

Garage: -

Heating: None

Pool: No

Fireplaces: 0

Basement: No basement

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 1-017-060-104-192-3-16-16

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $35,255

County Est. Land Value: $30,377

Assessed Land Value: $10,125

County Est. Structure Value: $75,398

Market Estimate: -

Ownership

Name: Michael A Martinez

Owner Occupied: Yes

Owner Mailing Address: 3413 Morningside Dr Ne, Albuquerque, Nm 87110

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: N/A

Inherited: N/A

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

$6,834

Deductible property tax

$1,426

Est. Depreciation Value

$72,549

Profit on this property

$18,198

Your total deduction

$62,611

So, your new taxable income is your previous income minus your total deduction ($150,000 - $62,611)

$87,389

Your old tax bill

$45,000

Your new tax bill

$26,217

Estimated tax savings

$18,783

3413 Morningside Dr NE Albuquerque, New Mexico, 87110-1727

3 bed • 1 bath • 6 guests

Purchase Price

Est. $691/mo

This property is for sale!

Contact Test

Agent at BNB

$36,641

Annual Revenue

BNBCalc predicts this property will get $175 per night with 65% occupancy, putting it in the top 50% 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

20.52%

Cap Rate

12.63%

Return on Investment

34.38%

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

$6,834

Deductible property tax

$1,426

Your total deduction

$13,111

Your adjusted annual income

$150,000 - $13,111 = $136,889

Taxes on $136,889 (30%)

$41,067

Your old tax bill

$45,000

Your new tax bill

$41,067

Estimated tax savings

$3,933

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