BNBCalc.com Investment Analysis Report of 419 58th St

2 bed • 1 bath • 4 guests • $290,000

BNB

Calc

Return Metrics

-10.02% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-10.02%

Cap Rate

4.22%

Return on Investment

5.8%

Annual Revenue

$29,804

AirDNA projects $160/night at 51% occupancy ($29,803). Airbtics projects $205/night at 65% occupancy ($48,668). Airbtics predicts this property will perform in the 48% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$33,706	$45,601	$67,021	$85,878
Occupancy	57%	63%	76%	87%
Nightly Rate	$156	$190	$231	$259

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 Waterfront Condo overlooking Palm Beach	$35,341	$186	48%	2	2	6	1	$205	❌	❌	✅	N / Y	⭐️ 5 (73)	Profile
B The Old School at WPB – La Vieja Escuela	$53,200	$244	58%	2	2	6	2	$175	✅	❌	✅	N / Y	⭐️ 4.9 (60)	Profile
C 1 Block to the BEACH! King Beds! Screened Patio!	$64,481	$200	84%	2	2	6	7	$199	❌	❌	✅	N / Y	⭐️ 5 (32)	Profile
D 1 Block to the BEACH! King Beds! Spacious, Modern	$63,275	$216	76%	2	2	4	7	$199	❌	❌	✅	N / Y	⭐️ 5 (38)	Profile
E Classic 50’ Motor Yacht at Anchor at Peanut Island	$39,938	$416	26%	2	2	6	2	$50	❌	❌	❌	N / N	⭐️ 4.8 (23)	Profile

Operating Expenses

Monthly Expenses

$1,463

Annual Expenses

$17,555

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$948

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$248

Management & Platform Fees

$75

Platform Fee (i.e. Airbnb)

$75

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,630

Annual Mortgage & Tax

$19,560

Downpayment

Purchase Price

$290,000

Percent Down

20%

Total Downpayment

$58,000

Total Loan Amount

$232,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$1,391

Property Tax Yearly

0.99%

Property Tax Monthly

$239

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

4,961 sqft

Year built:

1926

Size:

1,056 sqft

Type:

SFR

Parking:

Heating:

Forced Air Unit

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale	Days on Market
5911 N Flagler Dr	3	2	1,722	6,643	1926	$0	-
504 52nd St	3	2	970	5,101	1954	$0	-
411 57th St	2	1	832	7,640	1950	$425,000	-
510 58th St	3	1	1,438	5,101	1953	$0	-
508 52nd St	2	1	864	5,101	1950	$311,000	-
426 47th St	2	1	864	5,249	1953	$0	-
520 59th St	3	2	1,711	5,502	2022	$450,000	20
501 53rd St	3	2	1,312	12,741	1951	$355,000	-
5715 N Flagler Dr	2	1	1,043	12,698	1951	$1,200,000	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 4,961 sqft

Building area: 1,056 sqft

Garage: Yes

Heating: Forced air unit

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Lot Info

Zoning: SF7-C4

Land Use: Residential

Parcel Number: 74-43-43-04-06-048-0090

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $315,358

County Est. Land Value: $138,908

Assessed Land Value: $138,908

County Est. Structure Value: $176,450

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/06/21	$80,000	100%	Megan Blanchette
03/14/19	$200,000	83%	Edward Blanchette
07/05/17	$154,000	97%	Toni L Sebring
03/01/04	$160,000	80%	Karen Warner
03/01/04	$0	0%	Karen Warner
10/21/02	$0	0%	Northwood Properties Acquisitions Inc
10/21/02	$125,000	80%	Thomas E Rispoli, Don M Rosenthal

Ownership

Name: Megan Blanchette

Owner Occupied: Yes

Owner Mailing Address: 419 58th St, West Palm Beach, FL 33407

Years Owned: 36

Home Equity: $287,000

Mortgage Balance Remaining: $166,000

Financed amount: 80%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: West Riviera Elementary School with 3 star rating
Middle School: John F. Kennedy Middle School with 1 star rating
High School: Palm Beach Lakes High School with 1 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

$13,764

Deductible property tax

$2,871

Est. Depreciation Value

$77,121

Profit on this property

$12,249

Your total deduction

$81,506

So, your new taxable income is your previous income minus your total deduction ($150,000 - $81,506)

$68,494

Your old tax bill

$45,000

Your new tax bill

$20,548

Estimated tax savings

$24,452

419 58th St West Palm Beach, Florida, 33407

2 bed • 1 bath • 4 guests

Purchase Price

Est. $1,391/mo

Inquire about this property

Contact Agent

$418,000

Zestimate

-31

Airbnb Investor Score

-$7,310

Annual Profit

4.2%

Cap Rate

-10.0%

Cash on Cash

$29,804

Annual Revenue

BNBCalc predicts this property will get $205 per night with 65% 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

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

-10.02%

Cap Rate

4.22%

Return on Investment

5.8%

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

$13,764

Deductible property tax

$2,871

Your total deduction

$29,562

Your adjusted annual income

$150,000 - $29,562 = $120,438

Taxes on $120,438 (30%)

$36,131

Your old tax bill

$45,000

Your new tax bill

$36,131

Estimated tax savings

$8,869

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