BNBCalc.com Investment Analysis Report of 55 S Engels Cir

3 bed • 3 bath • 9 guests • $291,200

BNB

Calc

Return Metrics

5.86% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

5.86%

Cap Rate

8.26%

Return on Investment

21.17%

Annual Revenue

$43,391

AirDNA projects $220/night at 54% occupancy ($43,390). Airbtics projects $178/night at 61% occupancy ($39,658). Airbtics predicts this property will perform in the 48% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$21,204$34,327$61,395$98,160
Occupancy47%57%76%90%
Nightly Rate$116$154$211$288

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Cozy cottage with big backyard near downtown
$34,750
$107
82%
3262$200❌❌✅N / Y⭐️ 5 (15)Profile

B

Peaceful Getaway Owned by Artist
$34,250
$125
73%
3262$75❌❌❌N / Y⭐️ 5 (21)Profile

C

Blue Bird Bungalow in-the-heart of it ALL
$47,390
$152
81%
3262$129❌❌✅N / Y⭐️ 4.8 (28)Profile

D

Cozy 3 Bd Home Durham - Parking | W/D | Smart TVs!
$21,578
$108
47%
3261$125❌❌❌N / Y⭐️ 4.6 (151)Profile

E

Spacious 3BR Apt. in Grand Old Home, Downtown Durh
$20,227
$108
42%
3161$125✅❌✅N / Y⭐️ 4.7 (175)Profile

Operating Expenses

Monthly Expenses

$1,610

Annual Expenses

$19,321

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,062

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$362

Management & Platform Fees

$108

Platform Fee (i.e. Airbnb)

$108

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$1,636

Annual Mortgage & Tax

$19,632

Downpayment

Purchase Price

$291,200

Percent Down

20%

Total Downpayment

$58,240

Total Loan Amount

$232,960

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$1,397

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$240

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

12,632 sqft

Year built:

1987

Size:

2,068 sqft

Type:

SFR

Parking:

-

Heating:

YES

Sold Comparables

AddressBedsBathsSquare FeetLot SizeYear BuiltLast SaleDays on Market
4919 Tyne Dr321,43213,0681985$370,00032
4101 Tyne Dr432,06816,1171988$180,0000
4204 Tyne Dr331,90813,9391987$384,0000
4008 Tyne Dr321,06214,3751987$305,0000
4703 Tyne Dr332,06013,9391986$356,00027
101 Adlett Ln331,92412,1971992$305,00021
3903 Tyne Dr432,06813,9391990$370,00027
5413 Hadrian Dr321,54013,0681988$310,00035
34 S Angela Cir331,56012,6321986$288,00042
100 Braine Ct331,70413,9391987$365,00027

Property Details

  • MLS Status: property-details-mls-status-active
  • Property Use: Single Family Residence
  • Stories: 1
  • Lot size:12,632 sqft
  • Building area: 2,068 sqft
  • Garage: -
  • Heating: Yes
  • Pool: No
  • Fireplaces: 0
  • Basement: No basement

Lot Info

  • Zoning: RES_LOW_DENSITY
  • Land Use: Residential
  • Parcel Number: 166696
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $171,689
  • County Est. Land Value: $25,700
  • Assessed Land Value: $25,700
  • County Est. Structure Value: $145,989

  • Market Estimate: -

Sale history

DateSale Price% FinancedBuyer
07/13/04$124,000100%Gunn,Nelson D

Ownership

  • Name:
  • Owner Occupied: Yes
  • Owner Mailing Address: 55 S Engels Cir, Durham, Nc 27703
  • Years Owned: 241
  • Home Equity: $147,500
  • Mortgage Balance Remaining: $201,000
  • Financed amount: 100%
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No

Schools

  • Elementary School: Oak Grove Elementary with 3 star rating
  • Middle School: Neal Middle with 4 star rating
  • High School: Southern School of Energy and Sustainability with 2 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

$13,821

Deductible property tax

$2,883

Est. Depreciation Value

$168,455

Profit on this property

$24,070

Your total deduction

$161,089

So, your new taxable income is your previous income minus your total deduction ($150,000 - $161,089)

-$11,089

Your old tax bill

$45,000

Your new tax bill

-$3,327

Estimated tax savings

$48,327

property-location

55 S Engels Cir Durham, North Carolina, 27703-7115

3 bed • 3 bath • 9 guests

Purchase Price

Est. $1,397/mo

Agent

This property is for sale!

Contact Test

Agent at BNB

$43,391

Annual Revenue

BNBCalc predicts this property will get $178 per night with 61% 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

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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

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

5.86%

Cap Rate

8.26%

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

$13,821

Deductible property tax

$2,883

Your total deduction

$46,280

Your adjusted annual income

$150,000 - $46,280 = $103,720

Taxes on $103,720 (30%)

$31,116

Your old tax bill

$45,000

Your new tax bill

$31,116

Estimated tax savings

$13,884

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