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:

Revenue Appreciation:

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

User selected values for this report: 54% occupancy rate, $220 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$21,204	$34,327	$61,395	$98,160
Occupancy	47%	57%	76%	90%
Nightly Rate	$116	$154	$211	$288

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 Cozy cottage with big backyard near downtown	$34,750	$107	82%	3	2	6	2	$200	❌	❌	✅	N / Y	⭐️ 5 (15)	Profile
B Peaceful Getaway Owned by Artist	$34,250	$125	73%	3	2	6	2	$75	❌	❌	❌	N / Y	⭐️ 5 (21)	Profile
C Blue Bird Bungalow in-the-heart of it ALL	$47,390	$152	81%	3	2	6	2	$129	❌	❌	✅	N / Y	⭐️ 4.8 (28)	Profile
D Cozy 3 Bd Home Durham - Parking \| W/D \| Smart TVs!	$21,578	$108	47%	3	2	6	1	$125	❌	❌	❌	N / Y	⭐️ 4.6 (151)	Profile
E Spacious 3BR Apt. in Grand Old Home, Downtown Durh	$20,227	$108	42%	3	1	6	1	$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

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$362

Management & Platform Fees

$108

Platform Fee (i.e. Airbnb)

$108

Property Manager Fee

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

Monthly Loan Payment

$1,397

Property Tax Yearly

0.99%

Property Tax Monthly

$240

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

12,632 sqft

Year built:

1987

Size:

2,068 sqft

Type:

SFR

Parking:

Heating:

YES

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
4919 Tyne Dr	3	2	1,432	-	13,068	1985	$370,000	32
4101 Tyne Dr	4	3	2,068	-	16,117	1988	$180,000	-
4204 Tyne Dr	3	3	1,908	-	13,939	1987	$384,000	-
4008 Tyne Dr	3	2	1,062	-	14,375	1987	$305,000	-
4703 Tyne Dr	3	3	2,060	-	13,939	1986	$356,000	27
101 Adlett Ln	3	3	1,924	-	12,197	1992	$305,000	21
3903 Tyne Dr	4	3	2,068	-	13,939	1990	$370,000	27
5413 Hadrian Dr	3	2	1,540	-	13,068	1988	$310,000	35
34 S Angela Cir	3	3	1,560	-	12,632	1986	$288,000	42
100 Braine Ct	3	3	1,704	-	13,939	1987	$365,000	27

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: No

Heating: Yes

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

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

Date	Sale Price	% Financed	Buyer
07/13/04	$124,000	100%	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 3/10 star rating
Middle School: Neal Middle with 4/10 star rating
High School: Southern School of Energy and Sustainability with 2/10 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

$13,821

Deductible property tax

$2,883

Est. Depreciation Value

$117,201

Profit on this property

$24,070

Your total deduction

$109,835

So, your new taxable income is your previous income minus your total deduction ($150,000 - $109,835)

$40,165

Your old tax bill

$45,000

Your new tax bill

$12,050

Estimated tax savings

$32,950

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

3 bed • 3 bath • 9 guests

Purchase Price

Est. $1,397/mo

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

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

5.86%

Cap Rate

8.26%

Return on Investment

21.17%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $2,260/mo ($27,120/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,920 to $2,600.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
6 Lost Tree Ct	$1,915	1784	Apartment	3	3	6/6	98.4%	0.64 mi
624 Chalcedony Ct	$2,978		Single Family	3	3	4/3	98.0%	0.80 mi
722 Obsidian Way	$1,950	1907	Apartment	3	3	5/19	97.8%	0.87 mi
1050 Gentle Reed Dr	$2,200	1750	Apartment	3	3	6/8	97.7%	0.94 mi
1102 Gentle Reed Dr	$1,950	1748	Townhouse	3	3	8/30	97.6%	0.97 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

$13,821

Deductible property tax

$2,883

Your total deduction

$30,904

Your adjusted annual income

$150,000 - $30,904 = $119,096

Taxes on $119,096 (30%)

$35,729

Your old tax bill

$45,000

Your new tax bill

$35,729

Estimated tax savings

$9,271

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:

12,632 sqft

Year built:

1987

Size:

2,068 sqft

Type:

SFR

Parking:

Heating:

YES

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
4919 Tyne Dr	3	2	1,432	-	13,068	1985	$370,000	32
4101 Tyne Dr	4	3	2,068	-	16,117	1988	$180,000	-
4204 Tyne Dr	3	3	1,908	-	13,939	1987	$384,000	-
4008 Tyne Dr	3	2	1,062	-	14,375	1987	$305,000	-
4703 Tyne Dr	3	3	2,060	-	13,939	1986	$356,000	27
101 Adlett Ln	3	3	1,924	-	12,197	1992	$305,000	21
3903 Tyne Dr	4	3	2,068	-	13,939	1990	$370,000	27
5413 Hadrian Dr	3	2	1,540	-	13,068	1988	$310,000	35
34 S Angela Cir	3	3	1,560	-	12,632	1986	$288,000	42
100 Braine Ct	3	3	1,704	-	13,939	1987	$365,000	27

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: No

Heating: Yes

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

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

Date	Sale Price	% Financed	Buyer
07/13/04	$124,000	100%	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 3/10 star rating
Middle School: Neal Middle with 4/10 star rating
High School: Southern School of Energy and Sustainability with 2/10 star rating