BNBCalc.com Investment Analysis Report of 5612 117th St

4 bed • 2 bath • 12 guests • $250,800

BNB

Calc

Return Metrics

61.52% 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

61.52%

Cap Rate

23.46%

Return on Investment

76.17%

Annual Revenue

$83,378

AirDNA projects $439/night at 52% occupancy ($83,377). Airbtics projects $310/night at 56% occupancy ($63,406). Airbtics predicts this property will perform in the 48% revenue percentile

User selected values for this report: 52% occupancy rate, $439 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$31,187	$48,740	$109,311	$163,095
Occupancy	48%	55%	66%	71%
Nightly Rate	$165	$227	$437	$605

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 Luxury Living Duplex A - 4BR/3BA - South Lubbock	$28,288	$121	57%	4	3	10	1	$105	❌	❌	❌	N / Y	⭐️ 4.8 (70)	Profile
B Luxury Living Duplex B - 4BR/3BA - South Lubbock	$31,905	$121	66%	4	3	10	1	$105	❌	❌	❌	N / Y	⭐️ 4.7 (81)	Profile
C KirBnB-Spacious Beauty in SW LBK	$38,994	$205	48%	4	3	8	2	$170	❌	❌	❌	N / Y	⭐️ 5 (39)	Profile
D Golden Getaway	$63,256	$482	34%	4	3	8	2	$225	✅	✅	✅	N / Y	⭐️ 5 (27)	Profile
E Prickly Pear - West TX Themed Relaxation	$100,738	$341	78%	4	3	10	1	$130	✅	✅	❌	N / Y	⭐️ 5 (104)	Profile

Operating Expenses

Monthly Expenses

$2,043

Annual Expenses

$24,519

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,395

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$695

Management & Platform Fees

$208

Platform Fee (i.e. Airbnb)

$208

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,409

Annual Mortgage & Tax

$16,908

Downpayment

Purchase Price

$250,800

Percent Down

20%

Total Downpayment

$50,160

Total Loan Amount

$200,640

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$1,203

Property Tax Yearly

0.99%

Property Tax Monthly

$207

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

6,670 sqft

Year built:

2020

Size:

1,583 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
5708 116th St	4	2	2,089	-	6,624	2018	$0	54
10719 Huron Ave	4	3	3,827	-	21,919	2020	$0	26
11604 Evanston Ave	2	2	1,223	-	2,875	2019	$0	-
5801 116th St	3	2	2,357	-	43,560	1972	$0	39
5705 115th St	4	2	2,319	-	6,738	2018	$0	-
5405 111th St	4	2	2,278	-	9,000	2021	$0	19
10603 Clinton Ave	4	2	2,231	-	6,900	2005	$0	49
5506 102nd St	4	2	1,965	-	6,832	2004	$0	32
11102 Elmwood Ave	4	3	2,159	-	7,972	2016	$0	68
5521 120th St	4	3	0	-	8,484	-	$0	102

Property Details

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

Property Use: Single Family Residence

Stories: -

Lot size: 6,670 sqft

Building area: 1,583 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: R336588

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $267,793

County Est. Land Value: $41,688

Assessed Land Value: $41,688

County Est. Structure Value: $226,105

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
03/12/21	$0	0%	Lee Bratcher Bodie

Ownership

Name: Lee Bratcher Bodie

Owner Occupied: Yes

Owner Mailing Address: 5612 117th St, Lubbock, Tx 79424

Years Owned: 41

Home Equity: $41,219

Mortgage Balance Remaining: $235,581

Financed amount: -

Owner Type: Individual

Lien: Yes

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

$11,903

Deductible property tax

$2,483

Est. Depreciation Value

$101,097

Profit on this property

$58,859

Your total deduction

$56,624

So, your new taxable income is your previous income minus your total deduction ($150,000 - $56,624)

$93,376

Your old tax bill

$45,000

Your new tax bill

$28,013

Estimated tax savings

$16,987

5612 117th St Lubbock, Texas, 79424-7795

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,203/mo

This property is for sale!

Contact Test

Agent at BNB

$83,378

Annual Revenue

BNBCalc predicts this property will get $310 per night with 56% 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

61.52%

Cap Rate

23.46%

Return on Investment

76.17%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $2,130/mo ($25,560/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,850 to $2,400.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
11213 Colton Ave	$2,000	2249	Single Family	4	2	6/29	99.3%	0.28 mi
5519 111th St	$2,200	1917	Single Family	4	2	4/3	99.0%	0.38 mi
5708 109th St	$1,975	1922	Single Family	4	2	8/6	98.7%	0.51 mi
5717 109th St	$1,950	1913	Single Family	4	2	4/20	98.7%	0.49 mi
10519 Atlanta Ave	$2,245	2054	Single Family	4	2	6/17	98.4%	0.64 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

$11,903

Deductible property tax

$2,483

Your total deduction

-$11,497

Your adjusted annual income

$150,000 - -$11,497 = $161,497

Taxes on $161,497 (30%)

$48,449

Your old tax bill

$45,000

Your new tax bill

$48,449

Estimated tax savings

-$3,449

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:

6,670 sqft

Year built:

2020

Size:

1,583 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
5708 116th St	4	2	2,089	-	6,624	2018	$0	54
10719 Huron Ave	4	3	3,827	-	21,919	2020	$0	26
11604 Evanston Ave	2	2	1,223	-	2,875	2019	$0	-
5801 116th St	3	2	2,357	-	43,560	1972	$0	39
5705 115th St	4	2	2,319	-	6,738	2018	$0	-
5405 111th St	4	2	2,278	-	9,000	2021	$0	19
10603 Clinton Ave	4	2	2,231	-	6,900	2005	$0	49
5506 102nd St	4	2	1,965	-	6,832	2004	$0	32
11102 Elmwood Ave	4	3	2,159	-	7,972	2016	$0	68
5521 120th St	4	3	0	-	8,484	-	$0	102

Property Details

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

Property Use: Single Family Residence

Stories: -

Lot size: 6,670 sqft

Building area: 1,583 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: R336588

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $267,793

County Est. Land Value: $41,688

Assessed Land Value: $41,688

County Est. Structure Value: $226,105

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
03/12/21	$0	0%	Lee Bratcher Bodie

Ownership

Name: Lee Bratcher Bodie

Owner Occupied: Yes

Owner Mailing Address: 5612 117th St, Lubbock, Tx 79424

Years Owned: 41

Home Equity: $41,219

Mortgage Balance Remaining: $235,581

Financed amount: -

Owner Type: Individual

Lien: Yes

Inherited: No

Foreclosure: No