BNBCalc.com Investment Analysis Report of 748 Kimberly Dr

1 bed • 1 bath • 4 guests • $239,000

BNB

Calc

Return Metrics

-1.19% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-1.19%

Cap Rate

6.44%

Return on Investment

14.87%

Annual Revenue

$33,434

AirDNA projects $199/night at 46% occupancy ($33,434). Airbtics projects $119/night at 64% occupancy ($27,816). Airbtics predicts this property will perform in the 48% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$15,967	$26,994	$41,309	$58,376
Occupancy	46%	64%	77%	94%
Nightly Rate	$93	$113	$144	$166

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 Camp Getaway Barndominium	$18,733	$84	58%	1	1	3	3	$69	❌	❌	❌	N / Y	⭐️ 5 (39)	Profile
B 25 min N of Grand Rapids/32 miles from GRR, Sauna	$14,564	$100	38%	1	1	3	1	$50	❌	❌	❌	N / Y	⭐️ 5 (66)	Profile
C Cozy Country Getaway - Nearby Lake, FirePit, Grill	$25,561	$72	97%	1	1	4	2	$30	❌	❌	❌	N / Y	⭐️ 4.8 (99)	Profile
D Private Apartment overlooking the Dam	$21,345	$81	72%	1	1	2	2	$0	❌	❌	❌	N / Y	⭐️ 5 (217)	Profile
E Jack Jr.-a little place in the woods	$17,632	$82	57%	1	1	3	1	$15	❌	❌	❌	N / Y	⭐️ 5 (103)	Profile

Operating Expenses

Monthly Expenses

$1,502

Annual Expenses

$18,026

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$979

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$279

Management & Platform Fees

$84

Platform Fee (i.e. Airbnb)

$84

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,343

Annual Mortgage & Tax

$16,116

Downpayment

Purchase Price

$239,000

Percent Down

20%

Total Downpayment

$47,800

Total Loan Amount

$191,200

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$1,146

Property Tax Yearly

0.99%

Property Tax Monthly

$197

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

Year built:

1945

Size:

440 sqft

Type:

SFR

Parking:

Heating:

Space/Suspended

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale
746 Stonecrest Dr	2	1	820	10,454	1938	$64,172
760 Clarkson Dr	2	1	768	2,788	1955	$159,900
766 Stonecrest Dr	3	2	1,392	0	2004	$319,000
13910 Olin Lakes Dr	-	1	1,848	43,996	1975	$170,000
784 Stonecrest Dr	1	1	1,020	4,356	1955	$0
731 Stonecrest Dr	2	2	963	0	1930	$0
13379 Lime Lake Dr	2	1	1,208	87,120	1958	$298,800
13500 Pine Island Dr	3	2	1,264	150,718	1996	$375,000
800 Kimberly Dr	2	1	960	0	1955	$292,000
13500 Krauskopf Rd	3	2	1,664	121,097	2014	$0

Property Details

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

Property Use: Single Family Residence

Stories:

Lot size:-

Building area: 440 sqft

Garage: -

Heating: Space/suspended

Pool: No

Fireplaces: 1

Basement: No basement

Lot Info

Zoning: R1

Land Use: Residential

Parcel Number: 41-02-31-429-013

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $44,400

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
05/03/18	$64,900	100%	William Hinds, Tiffany Hinds
06/15/17	$0	0%	William Hinds, Tiffany Hinds
12/08/14	$31,000	100%	Chris Hall, Jody Hall
01/31/14	$0	0%	Zachary Horowitz
05/23/05	$0	0%	Nathan Horowitz, Zachary Horowitz
04/20/05	$0	0%	Nathan B Horowitz

Ownership

Name: William Hinds

Owner Occupied: Yes

Owner Mailing Address: 748 Kimberly Dr, Sparta, MI 49345

Years Owned: 79

Home Equity: $192,000

Mortgage Balance Remaining: $50,000

Financed amount: -

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

$11,343

Deductible property tax

$2,366

Est. Depreciation Value

$112,795

Profit on this property

$15,408

Your total deduction

$111,096

So, your new taxable income is your previous income minus your total deduction ($150,000 - $111,096)

$38,904

Your old tax bill

$45,000

Your new tax bill

$11,671

Estimated tax savings

$33,329

748 Kimberly Dr NE Sparta, Michigan, 49345

1 bed • 1 bath • 4 guests

Purchase Price

Est. $1,146/mo

This property is for sale!

Contact Agent

$33,434

Annual Revenue

BNBCalc predicts this property will get $119 per night with 64% 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

-1.19%

Cap Rate

6.44%

Return on Investment

14.87%

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

$11,343

Deductible property tax

$2,366

Your total deduction

$34,242

Your adjusted annual income

$150,000 - $34,242 = $115,758

Taxes on $115,758 (30%)

$34,727

Your old tax bill

$45,000

Your new tax bill

$34,727

Estimated tax savings

$10,273

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