BNBCalc.com Investment Analysis Report of 533 Pine Ridge Pl

3 bed • 2 bath • 9 guests • $200,900

BNB

Calc

Return Metrics

8.45% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

8.45%

Cap Rate

9.04%

Return on Investment

23.07%

Annual Revenue

$36,612

AirDNA projects $179/night at 56% occupancy ($36,612). Airbtics projects $186/night at 65% occupancy ($44,157). Airbtics predicts this property will perform in the 49% revenue percentile

User selected values for this report: 56.00000000000001% occupancy rate, $179 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$27,189	$40,685	$64,539	$79,371
Occupancy	55%	65%	74%	84%
Nightly Rate	$128	$162	$225	$245

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 Charming & Cozy Midtown Ranch Home	$37,791	$134	74%	3	1	6	1	$65	❌	❌	❌	N / Y	⭐️ 5 (151)	Profile
B Hot Tub \| Game Space \| Fenced In Yard	$45,118	$206	55%	3	3	6	2	$130	❌	❌	❌	N / Y	⭐️ 4.9 (43)	Profile
C Hot Tub, Game Room, Theater Room & Fenced In Yard!	$47,984	$217	55%	3	3	11	2	$195	❌	❌	❌	N / Y	⭐️ 4.8 (57)	Profile
D Recently Renovated Raleigh Retreat w/ Patio!	$96,992	$453	57%	3	3	8	2	$202	❌	❌	✅	N / Y	⭐️ 5 (23)	Profile
E The Charming 3BR Home in Raleigh NC	$25,950	$107	54%	3	1	6	1	$125	❌	❌	❌	N / Y	⭐️ 4.7 (42)	Profile

Operating Expenses

Monthly Expenses

$1,537

Annual Expenses

$18,440

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

$1,129

Annual Mortgage & Tax

$13,548

Downpayment

Purchase Price

$200,900

Percent Down

20%

Total Downpayment

$40,180

Total Loan Amount

$160,720

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$964

Property Tax Yearly

0.99%

Property Tax Monthly

$166

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

435 sqft

Year built:

1972

Size:

1,232 sqft

Type:

CONDO

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
651 Pine Ridge Pl	-	2	1,232	-	0	1972	$225,000	-
616 Pine Ridge Pl	2	1	1,050	-	436	1972	$170,000	25
550 Pine Ridge Pl	-	1	1,050	-	0	1972	$95,000	-
5008 Flint Ridge Pl	3	2	1,232	-	436	1972	$220,000	25
1216 Manassas Ct Apt E	2	2	1,010	-	436	1972	$194,500	18
537 Pine Ridge Pl	3	2	1,232	-	0	1972	$238,500	38
721 E Millbrook Rd	3	2	1,546	-	0	1972	$205,000	33
5053 Tall Pines Ct	3	2	1,546	-	0	1972	$228,000	39
553 Pine Ridge Pl	2	1	864	-	0	1972	$166,000	15
665 Pine Ridge Pl	2	1	904	-	436	1972	$135,000	28

Property Details

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

Property Use: Condominium

Stories: 1

Lot size: 435 sqft

Building area: 1,232 sqft

Garage: No

Heating: Central

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: R-6

Land Use: Residential

Parcel Number: 1716.09-05-5861 0129704

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $204,065

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $204,065

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
04/01/22	$215,000	0%	Ruochen Wu, Thi Le Vu
10/24/20	$130,000	80%	Ashley Romeo, Christopher J Romeo
12/12/18	$95,000	0%	Marcy H Moore, Lee F Moore
07/31/08	$71,000	98%	John J Santoro
03/27/06	$43,373	103%	Becton Properties Llc

Ownership

Name: Ruochen Wu

Owner Occupied: No

Owner Mailing Address: 104 Woodsbrook Pl Sw, Madison, Al 35756

Years Owned: 28

Home Equity: $65,700

Mortgage Balance Remaining: $104,000

Financed amount: 103%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Douglas Elementary with 2/10 star rating
Middle School: Carroll Middle with 2/10 star rating
High School: Sanderson High with 4/10 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

$9,535

Deductible property tax

$1,989

Est. Depreciation Value

$68,141

Profit on this property

$18,172

Your total deduction

$61,493

So, your new taxable income is your previous income minus your total deduction ($150,000 - $61,493)

$88,507

Your old tax bill

$45,000

Your new tax bill

$26,552

Estimated tax savings

$18,448

533 Pine Ridge Pl Raleigh, North Carolina, 27609-4644

3 bed • 2 bath • 9 guests

Purchase Price

Est. $964/mo

This property is for sale!

Contact Test

Agent at BNB

$36,612

Annual Revenue

BNBCalc predicts this property will get $186 per night with 65% 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

8.45%

Cap Rate

9.04%

Return on Investment

23.07%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $1,820/mo ($21,840/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,540 to $2,090.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
Pine Rdg	$1,475	1232	Single Family	3	2	8/9	99.8%	0.08 mi
533 Pine Ridge 12774005 Pl	$1,700	1135	Condo	3	2	3/11	99.7%	0.11 mi
654 Pine Ridge Pl	$1,475	1232	Apartment	3	2	7/22	99.3%	0.27 mi
Pine Ridge Pl	$1,475	1232	Apartment	3	2	7/18	99.3%	0.27 mi
533 Pine Ridge Pl	$1,700	1232	Condo	3	2	3/8	99.3%	0.27 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

$9,535

Deductible property tax

$1,989

Your total deduction

$15,561

Your adjusted annual income

$150,000 - $15,561 = $134,439

Taxes on $134,439 (30%)

$40,332

Your old tax bill

$45,000

Your new tax bill

$40,332

Estimated tax savings

$4,668

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:

435 sqft

Year built:

1972

Size:

1,232 sqft

Type:

CONDO

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
651 Pine Ridge Pl	-	2	1,232	-	0	1972	$225,000	-
616 Pine Ridge Pl	2	1	1,050	-	436	1972	$170,000	25
550 Pine Ridge Pl	-	1	1,050	-	0	1972	$95,000	-
5008 Flint Ridge Pl	3	2	1,232	-	436	1972	$220,000	25
1216 Manassas Ct Apt E	2	2	1,010	-	436	1972	$194,500	18
537 Pine Ridge Pl	3	2	1,232	-	0	1972	$238,500	38
721 E Millbrook Rd	3	2	1,546	-	0	1972	$205,000	33
5053 Tall Pines Ct	3	2	1,546	-	0	1972	$228,000	39
553 Pine Ridge Pl	2	1	864	-	0	1972	$166,000	15
665 Pine Ridge Pl	2	1	904	-	436	1972	$135,000	28

Property Details

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

Property Use: Condominium

Stories: 1

Lot size: 435 sqft

Building area: 1,232 sqft

Garage: No

Heating: Central

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: R-6

Land Use: Residential

Parcel Number: 1716.09-05-5861 0129704

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $204,065

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $204,065

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
04/01/22	$215,000	0%	Ruochen Wu, Thi Le Vu
10/24/20	$130,000	80%	Ashley Romeo, Christopher J Romeo
12/12/18	$95,000	0%	Marcy H Moore, Lee F Moore
07/31/08	$71,000	98%	John J Santoro
03/27/06	$43,373	103%	Becton Properties Llc

Ownership

Name: Ruochen Wu

Owner Occupied: No

Owner Mailing Address: 104 Woodsbrook Pl Sw, Madison, Al 35756

Years Owned: 28

Home Equity: $65,700

Mortgage Balance Remaining: $104,000

Financed amount: 103%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Douglas Elementary with 2/10 star rating
Middle School: Carroll Middle with 2/10 star rating
High School: Sanderson High with 4/10 star rating