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:

Revenue Appreciation:

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

User selected values for this report: 66% occupancy rate, $299 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$33,937	$45,189	$70,827	$107,937
Occupancy	48%	56%	67%	79%
Nightly Rate	$183	$205	$273	$356

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 Gorgeous home, 4 bedrooms sleeps 8 w/ game room	$35,660	$112	79%	4	2	8	1	$68	✅	❌	❌	N / Y	⭐️ 4.7 (592)	Profile
B Beautiful HomeGood Area4BDR/2B	$48,023	$160	79%	4	2	10	3	$150	❌	❌	❌	N / Y	⭐️ 4.9 (58)	Profile
C Spacious Reimagined Home in Bevo Mill	$41,035	$191	53%	4	2	10	1	$204	❌	❌	✅	N / Y	⭐️ 4.9 (24)	Profile
D XMAS House - GAME ROOM, King Bed	$45,018	$184	62%	4	2	8	2	$135	❌	❌	✅	N / Y	⭐️ 5 (92)	Profile
E Family-Friendly St Louis Home < 6 Mi to Dtwn!	$49,274	$198	60%	4	1	8	3	$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

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$601

Management & Platform Fees

$180

Platform Fee (i.e. Airbnb)

$180

Property Manager Fee

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

Monthly Loan Payment

$1,446

Property Tax Yearly

0.99%

Property Tax Monthly

$249

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

7,000 sqft

Year built:

1892

Size:

3,944 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
6212 Michigan Ave	2	1	1,515	-	9,801	1910	$71,000	-
6928 Minnesota Ave	4	2	2,800	-	2,250	1879	$285,000	95
7217-7219 Minnesota Ave	-	2	2,806	-	7,312	1890	$66,800	-
7006 Michigan Ave	1	1	928	-	5,129	1892	$75,000	123
308 Quincy St	-	1	602	-	2,238	1892	$23,000	-
6706 Virginia Ave # 6714	4	2	2,714	-	8,392	1886	$300,000	-
7301-7303 Pennsylvania Ave	-	1	2,808	-	7,208	1928	$210,000	-
115 Nagel Ave	1	1	945	-	2,300	1892	$95,300	26
7408 Minnesota Ave	1	1	913	-	3,347	1892	$45,000	66
7116 Michigan Ave	5	1	4,038	-	7,314	1885	$165,000	171

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 2

Lot size: 7,000 sqft

Building area: 3,944 sqft

Garage: No

Heating: Central

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

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

Date	Sale Price	% Financed	Buyer
06/24/20	$235,000	90%	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

$137,279

Profit on this property

$49,027

Your total deduction

$105,546

So, your new taxable income is your previous income minus your total deduction ($150,000 - $105,546)

$44,454

Your old tax bill

$45,000

Your new tax bill

$13,336

Estimated tax savings

$31,664

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

4 bed • 3 bath • 12 guests

Purchase Price

Est. $1,446/mo

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

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

35.83%

Cap Rate

16.26%

Return on Investment

50.82%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $1,420/mo ($17,040/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,070 to $1,770.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
325 Iron St	$1,695	1200	Condo	4	2	2/27	90.9%	0.52 mi
7845 Decatur Dr	$2,000	1440	Single Family	4	2	3/29	88.9%	1.36 mi
4650 Michigan Ave	$1,595	1575	Single Family	4	2	4/5	88.5%	1.54 mi
312 Weiss Ave	$1,600	2754	Single Family	3	3	4/2	80.6%	1.61 mi
7026 Pennsylvania Ave # H	$1,295	2907	Condo	3	2	8/21	76.6%	0.14 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

$14,310

Deductible property tax

$2,985

Your total deduction

$13,087

Your adjusted annual income

$150,000 - $13,087 = $136,913

Taxes on $136,913 (30%)

$41,074

Your old tax bill

$45,000

Your new tax bill

$41,074

Estimated tax savings

$3,926

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:

7,000 sqft

Year built:

1892

Size:

3,944 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
6212 Michigan Ave	2	1	1,515	-	9,801	1910	$71,000	-
6928 Minnesota Ave	4	2	2,800	-	2,250	1879	$285,000	95
7217-7219 Minnesota Ave	-	2	2,806	-	7,312	1890	$66,800	-
7006 Michigan Ave	1	1	928	-	5,129	1892	$75,000	123
308 Quincy St	-	1	602	-	2,238	1892	$23,000	-
6706 Virginia Ave # 6714	4	2	2,714	-	8,392	1886	$300,000	-
7301-7303 Pennsylvania Ave	-	1	2,808	-	7,208	1928	$210,000	-
115 Nagel Ave	1	1	945	-	2,300	1892	$95,300	26
7408 Minnesota Ave	1	1	913	-	3,347	1892	$45,000	66
7116 Michigan Ave	5	1	4,038	-	7,314	1885	$165,000	171

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 2

Lot size: 7,000 sqft

Building area: 3,944 sqft

Garage: No

Heating: Central

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

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

Date	Sale Price	% Financed	Buyer
06/24/20	$235,000	90%	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