BNBCalc.com Investment Analysis Report of 7016 Michigan Ave

4 bed • 3 bath • 12 guests • $301,500

BNB

Calc

Return Metrics

35.83% 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

35.83%

Cap Rate

16.26%

Return on Investment

50.82%

Annual Revenue

$72,077

AirDNA projects $299/night at 66% occupancy ($72,077). Airbtics projects $233/night at 58% occupancy ($49,359). Airbtics predicts this property will perform in the 46% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$33,937$45,189$70,827$107,937
Occupancy48%56%67%79%
Nightly Rate$183$205$273$356

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Gorgeous home, 4 bedrooms sleeps 8 w/ game room
$35,660
$112
79%
4281$68✅❌❌N / Y⭐️ 4.7 (592)Profile

B

Beautiful Home*Good Area*4BDR/2B
$48,023
$160
79%
42103$150❌❌❌N / Y⭐️ 4.9 (58)Profile

C

Spacious Reimagined Home in Bevo Mill
$41,035
$191
53%
42101$204❌❌✅N / Y⭐️ 4.9 (24)Profile

D

XMAS House - GAME ROOM, King Bed
$45,018
$184
62%
4282$135❌❌✅N / Y⭐️ 5 (92)Profile

E

Family-Friendly St Louis Home < 6 Mi to Dtwn!
$49,274
$198
60%
4183$186❌❌❌N / Y⭐️ 5 (13)Profile

Operating Expenses

Monthly Expenses

$1,921

Annual Expenses

$23,050

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,301

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$601

Management & Platform Fees

$180

Platform Fee (i.e. Airbnb)

$180

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$1,694

Annual Mortgage & Tax

$20,328

Downpayment

Purchase Price

$301,500

Percent Down

20%

Total Downpayment

$60,300

Total Loan Amount

$241,200

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$1,446

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$249

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

7,000 sqft

Year built:

1892

Size:

3,944 sqft

Type:

SFR

Parking:

-

Heating:

CENTRAL

Sold Comparables

AddressBedsBathsSquare FeetLot SizeYear BuiltLast SaleDays on Market
6212 Michigan Ave211,5159,8011910$71,0000
6928 Minnesota Ave422,8002,2501879$285,00095
7217-7219 Minnesota Ave-22,8067,3121890$66,8000
7006 Michigan Ave119285,1291892$75,000123
308 Quincy St-16022,2381892$23,0000
6706 Virginia Ave # 6714422,7148,3921886$300,0000
7301-7303 Pennsylvania Ave-12,8087,2081928$210,0000
115 Nagel Ave119452,3001892$95,30026
7408 Minnesota Ave119133,3471892$45,00066
7116 Michigan Ave514,0387,3141885$165,000171

Property Details

  • MLS Status: N/A
  • Property Use: Single Family Residence
  • Stories: 2
  • Lot size:7,000 sqft
  • Building area: 3,944 sqft
  • Garage: -
  • Heating: Central
  • Pool: No
  • Fireplaces:
  • Basement:

Lot Info

  • Zoning: B
  • Land Use: Residential
  • Parcel Number: 301600-01250
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $31,860
  • County Est. Land Value: $7,500
  • Assessed Land Value: $1,430
  • County Est. Structure Value: $160,175

  • Market Estimate: -

Sale history

DateSale Price% FinancedBuyer
06/24/20$235,00090%Tyrone Swinton, Teressa Swinton

Ownership

  • Name: Tyrone Swinton
  • Owner Occupied: Yes
  • Owner Mailing Address: 7016 Michigan Ave, Saint Louis, Mo 63111
  • Years Owned: 49
  • Home Equity: $140,400
  • Mortgage Balance Remaining: $211,500
  • Financed amount: 90%
  • Owner Type: Individual
  • Lien: No
  • 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

$14,310

Deductible property tax

$2,985

Est. Depreciation Value

$197,317

Profit on this property

$49,027

Your total deduction

$165,584

So, your new taxable income is your previous income minus your total deduction ($150,000 - $165,584)

-$15,584

Your old tax bill

$45,000

Your new tax bill

-$4,675

Estimated tax savings

$49,675

property-location

7016 Michigan Ave St. Louis, Missouri, 63111-2838

4 bed • 3 bath • 12 guests

Purchase Price

Est. $1,446/mo

Agent

Inquire about this property

Contact Test

Agent at BNB

$301,500

Zestimate

$72,077

Annual Revenue

BNBCalc predicts this property will get $233 per night with 58% occupancy, putting it in the top 46% 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

35.83%

Cap Rate

16.26%

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

$14,310

Deductible property tax

$2,985

Your total deduction

$31,099

Your adjusted annual income

$150,000 - $31,099 = $118,901

Taxes on $118,901 (30%)

$35,670

Your old tax bill

$45,000

Your new tax bill

$35,670

Estimated tax savings

$9,330

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