BNBCalc.com Investment Analysis Report of 3762 W 128th St

4 bed • 2 bath • 12 guests • $203,000

BNB

Calc

Return Metrics

29.64% 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

29.64%

Cap Rate

15.09%

Return on Investment

43.78%

Annual Revenue

$50,952

AirDNA projects $225/night at 62% occupancy ($50,951). Airbtics projects $199/night at 54% occupancy ($39,249). Airbtics predicts this property will perform in the 49% revenue percentile

User selected values for this report: 62% occupancy rate, $225 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$20,828	$38,458	$55,452	$82,344
Occupancy	45%	54%	64%	78%
Nightly Rate	$121	$187	$227	$279

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 Large Modern✨Home near DowntownCleveland/LakeErie!	$39,309	$179	56%	4	3	16	2	$200	❌	❌	✅	N / Y	⭐️ 4.8 (85)	Profile
B Cleveland Coffee House	$46,307	$295	42%	4	1	8	2	$125	❌	❌	❌	N / Y	⭐️ 5 (73)	Profile
C West Cleveland Guest House - Autism Friendly	$52,238	$193	73%	4	3	10	3	$100	❌	❌	✅	N / Y	⭐️ 4.8 (149)	Profile
D Modern Luxury Home Dog Friendly	$37,218	$220	44%	4	3	6	1	$150	❌	❌	✅	N / Y	⭐️ 4.8 (35)	Profile
E Sweet Dreams @ Kamms Corner - 4 bed + Den by Parks	$28,175	$196	37%	4	3	10	2	$170	❌	❌	✅	N / Y	⭐️ 5 (55)	Profile

Operating Expenses

Monthly Expenses

$1,692

Annual Expenses

$20,304

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,125

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$425

Management & Platform Fees

$127

Platform Fee (i.e. Airbnb)

$127

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,141

Annual Mortgage & Tax

$13,692

Downpayment

Purchase Price

$203,000

Percent Down

20%

Total Downpayment

$40,600

Total Loan Amount

$162,400

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$974

Property Tax Yearly

0.99%

Property Tax Monthly

$167

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

12,840 sqft

Year built:

1928

Size:

1,884 sqft

Type:

SFR

Parking:

Heating:

Forced Air Unit

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
3797 W 129th St	3	1	1,628	-	13,800	1931	$155,000	-
3931 Victory Blvd	3	1	1,404	-	6,804	1928	$190,000	-
13121 Tyler Ave	3	1	1,509	-	4,600	1939	$109,000	-
13518 Tyler Ave	2	1	1,432	-	5,000	1943	$162,500	-
3813 W 116th St	3	1	1,508	-	5,002	1952	$189,500	-
3636 W 127th St	2	1	891	-	3,675	1926	$62,000	-
3447 W 118th St	3	1	1,122	-	4,200	1918	$63,500	-
3394 W 129th St	3	1	1,228	-	4,400	1929	$175,000	-
3735 Highland Rd	2	1	754	-	6,680	1947	$165,000	-
3331 W 129th St	3	1	924	-	3,500	1916	$185,000	-

Property Details

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

Property Use: Single Family Residence

Stories: -

Lot size: 12,840 sqft

Building area: 1,884 sqft

Garage: Yes

Heating: Forced air unit

Pool: No

Fireplaces: 1

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: 1F

Land Use: Residential

Parcel Number: 018-27-081

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $31,790

County Est. Land Value: $19,500

Assessed Land Value: $6,830

County Est. Structure Value: $71,300

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
08/18/23	$75,000	100%	Jose Benitez
05/24/23	$72,500	100%	U S Bank National Association, Meb Reo Trust Vii
03/05/98	$77,000	99%	Theophilus Hudson Jr, Deborah A Hudson
12/31/97	$55,000	90%	Michael J Tarney

Ownership

Name: Jose Benitez

Owner Occupied: Yes

Owner Mailing Address: 3320 W 88th St, Cleveland, OH 44102

Years Owned: 12

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 90%

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

$9,635

Deductible property tax

$2,010

Est. Depreciation Value

$78,061

Profit on this property

$30,648

Your total deduction

$59,058

So, your new taxable income is your previous income minus your total deduction ($150,000 - $59,058)

$90,942

Your old tax bill

$45,000

Your new tax bill

$27,283

Estimated tax savings

$17,717

3762 W 128th St Cleveland, Ohio, 44111-4500

4 bed • 2 bath • 12 guests

Purchase Price

Est. $974/mo

This property is for sale!

Contact Agent

$50,952

Annual Revenue

BNBCalc predicts this property will get $199 per night with 54% 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

29.64%

Cap Rate

15.09%

Return on Investment

43.78%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $1,400/mo ($16,800/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,260 to $1,540.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
3563 W 129th St	$1,450	1872	Single Family	4	2	7/9	99.1%	0.37 mi
3870 W 118th St	$1,475	1321	Single Family	4	2	6/11	98.8%	0.45 mi
12305 Emery Ave	$1,500	1235	Single Family	4	2	10/22	98.8%	0.48 mi
4016 Victory Blvd	$1,650	1785	Single Family	4	2	3/4	98.5%	0.59 mi
13302 Highlandview Ave	$1,350	1794	Single Family	4	2	10/20	98.2%	0.74 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

$9,635

Deductible property tax

$2,010

Your total deduction

$3,690

Your adjusted annual income

$150,000 - $3,690 = $146,310

Taxes on $146,310 (30%)

$43,893

Your old tax bill

$45,000

Your new tax bill

$43,893

Estimated tax savings

$1,107

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:

12,840 sqft

Year built:

1928

Size:

1,884 sqft

Type:

SFR

Parking:

Heating:

Forced Air Unit

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
3797 W 129th St	3	1	1,628	-	13,800	1931	$155,000	-
3931 Victory Blvd	3	1	1,404	-	6,804	1928	$190,000	-
13121 Tyler Ave	3	1	1,509	-	4,600	1939	$109,000	-
13518 Tyler Ave	2	1	1,432	-	5,000	1943	$162,500	-
3813 W 116th St	3	1	1,508	-	5,002	1952	$189,500	-
3636 W 127th St	2	1	891	-	3,675	1926	$62,000	-
3447 W 118th St	3	1	1,122	-	4,200	1918	$63,500	-
3394 W 129th St	3	1	1,228	-	4,400	1929	$175,000	-
3735 Highland Rd	2	1	754	-	6,680	1947	$165,000	-
3331 W 129th St	3	1	924	-	3,500	1916	$185,000	-

Property Details

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

Property Use: Single Family Residence

Stories: -

Lot size: 12,840 sqft

Building area: 1,884 sqft

Garage: Yes

Heating: Forced air unit

Pool: No

Fireplaces: 1

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: 1F

Land Use: Residential

Parcel Number: 018-27-081

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $31,790

County Est. Land Value: $19,500

Assessed Land Value: $6,830

County Est. Structure Value: $71,300

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
08/18/23	$75,000	100%	Jose Benitez
05/24/23	$72,500	100%	U S Bank National Association, Meb Reo Trust Vii
03/05/98	$77,000	99%	Theophilus Hudson Jr, Deborah A Hudson
12/31/97	$55,000	90%	Michael J Tarney

Ownership

Name: Jose Benitez

Owner Occupied: Yes

Owner Mailing Address: 3320 W 88th St, Cleveland, OH 44102

Years Owned: 12

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 90%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No