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:

3%

Revenue Appreciation:

0%

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

Revenue Percentile

Percentiles25%50%75%90%
Revenue$31,187$48,740$109,311$163,095
Occupancy48%55%66%71%
Nightly Rate$165$227$437$605

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Luxury Living Duplex A - 4BR/3BA - South Lubbock
$28,288
$121
57%
43101$105❌❌❌N / Y⭐️ 4.8 (70)Profile

B

Luxury Living Duplex B - 4BR/3BA - South Lubbock
$31,905
$121
66%
43101$105❌❌❌N / Y⭐️ 4.7 (81)Profile

C

KirBnB-Spacious Beauty in SW LBK
$38,994
$205
48%
4382$170❌❌❌N / Y⭐️ 5 (39)Profile

D

Golden Getaway
$63,256
$482
34%
4382$225✅✅✅N / Y⭐️ 5 (27)Profile

E

Prickly Pear - West TX Themed Relaxation
$100,738
$341
78%
43101$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

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$695

Management & Platform Fees

$208

Platform Fee (i.e. Airbnb)

$208

Property Manager Fee

$0

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

6%

Monthly Loan Payment

$1,203

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$207

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

6,670 sqft

Year built:

2020

Size:

1,583 sqft

Type:

SFR

Parking:

-

Heating:

CENTRAL

Sold Comparables

AddressBedsBathsSquare FeetLot SizeYear BuiltLast SaleDays on Market
5708 116th St422,0896,6242018$054
10719 Huron Ave433,82721,9192020$026
11604 Evanston Ave221,2232,8752019$00
5801 116th St322,35743,5601972$039
5705 115th St422,3196,7382018$00
5405 111th St422,2789,0002021$019
10603 Clinton Ave422,2316,9002005$049
5506 102nd St421,9656,8322004$032
11102 Elmwood Ave432,1597,9722016$068
5521 120th St4308,484$0102

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: 525 sqft
  • Heating: Central
  • Pool: No
  • Fireplaces: 1
  • Basement: No basement

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

DateSale Price% FinancedBuyer
03/12/21$00%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

$145,331

Profit on this property

$58,859

Your total deduction

$100,859

So, your new taxable income is your previous income minus your total deduction ($150,000 - $100,859)

$49,141

Your old tax bill

$45,000

Your new tax bill

$14,742

Estimated tax savings

$30,258

property-location

5612 117th St Lubbock, Texas, 79424-7795

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,203/mo

Agent

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

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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

$195k

$300k

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

61.52%

Cap Rate

23.46%

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

$1,774

Your adjusted annual income

$150,000 - $1,774 = $148,226

Taxes on $148,226 (30%)

$44,468

Your old tax bill

$45,000

Your new tax bill

$44,468

Estimated tax savings

$532

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