BNBCalc.com Investment Analysis Report of 825 Brickell Bay Dr # 3c231a

2 bed • 2 bath • 4 guests • $609,900

BNB

Calc

Return Metrics

19.22% cash on cash return is a great return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

19.22%

Cap Rate

11.37%

Return on Investment

35.77%

Annual Revenue

$95,438

AirDNA projects $390/night at 67% occupancy ($95,438). Airbtics projects $314/night at 69% occupancy ($79,133). Airbtics predicts this property will perform in the 50% revenue percentile

User selected values for this report: 67% occupancy rate, $390 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$45,314	$69,286	$117,512	$149,592
Occupancy	55%	72%	86%	94%
Nightly Rate	$219	$254	$364	$424

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 Brickell 2 Bedroom Ocean View Apartment	$61,694	$215	73%	2	1	8	1	$170	✅	❌	❌	N / Y	⭐️ 4.7 (45)	Profile
B Fantastic APT @ Brickell, Free Parking.	$174,411	$592	79%	2	1	6	1	$120	✅	✅	✅	N / Y	⭐️ 4.9 (64)	Profile
C Modern 2BR Condo Full Amenities Brickell	$80,802	$221	95%	2	1	5	2	$120	✅	✅	❌	N / Y	⭐️ 4.5 (47)	Profile
D New and Bright apartment at Brickell, Free Parking	$64,513	$229	74%	2	1	6	1	$120	✅	✅	✅	N / Y	⭐️ 4.5 (19)	Profile
E Amazing 2BR APT @Brickell, Free Parking	$80,307	$254	82%	2	1	6	2	$120	✅	✅	✅	N / Y	⭐️ 4.7 (123)	Profile

Operating Expenses

Monthly Expenses

$2,174

Annual Expenses

$26,087

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,495

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$795

Management & Platform Fees

$239

Platform Fee (i.e. Airbnb)

$239

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$3,428

Annual Mortgage & Tax

$41,136

Downpayment

Purchase Price

$609,900

Percent Down

20%

Total Downpayment

$121,980

Total Loan Amount

$487,920

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$2,925

Property Tax Yearly

0.99%

Property Tax Monthly

$503

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

Year built:

1968

Size:

2,090 sqft

Type:

OTHER

Parking:

Heating:

NONE

Property Details

MLS Status: N/A

Property Use: Retail Stores (Personal Services, Photography, Travel)

Stories: 0

Lot size: -

Building area: 2,090 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: 6407:HIGH DENS MIX USE

Land Use: Commercial

Parcel Number: 01-4207-001-3671

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $668,800

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/09/14	$0	0%	Ocean City Group Llc

Ownership

Name: Ocean City Group Llc

Owner Occupied: Yes

Owner Mailing Address: 825 Brickell Bay Dr Ste 251, Miami, Fl 33131

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Southside Elementary School with 7/10 star rating
Middle School: Shenandoah Middle School with 3/10 star rating
High School: Law Enforcement Officers Memorial High School with 7/10 star rating

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

$28,946

Deductible property tax

$6,038

Est. Depreciation Value

$198,372

Profit on this property

$69,351

Your total deduction

$164,005

So, your new taxable income is your previous income minus your total deduction ($150,000 - $164,005)

-$14,005

Your old tax bill

$45,000

Your new tax bill

-$4,202

Estimated tax savings

$49,202

825 Brickell Bay Dr Miami, Florida, 33131-2968

2 bed • 2 bath • 4 guests

Purchase Price

Est. $2,925/mo

Inquire about this property

Contact Test

Agent at BNB

$609,900

Zestimate

$95,438

Annual Revenue

BNBCalc predicts this property will get $314 per night with 69% occupancy, putting it in the top 50% 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

19.22%

Cap Rate

11.37%

Return on Investment

35.77%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $2,870/mo ($34,440/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $2,360 to $3,390.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
905 Brickell Bay Dr	$3,400	990	Condo	2	2	5/31	99.9%	0.02 mi
801 Brickell Bay Dr	$2,350	580	Condo		1	6/6	99.9%	0.02 mi
999 Brickell Bay Dr	$3,400	990	Condo	2	3	6/21	99.9%	0.02 mi
825 Brickell Bay Dr	$3,145	1101	Condo	2	2	6/21	99.9%	0.02 mi
825 Brickell Bay Dr	$2,100	580	Condo		1	7/8	99.9%	0.02 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

$28,946

Deductible property tax

$6,038

Your total deduction

$30,509

Your adjusted annual income

$150,000 - $30,509 = $119,491

Taxes on $119,491 (30%)

$35,847

Your old tax bill

$45,000

Your new tax bill

$35,847

Estimated tax savings

$9,153

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:

Year built:

1968

Size:

2,090 sqft

Type:

OTHER

Parking:

Heating:

NONE

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Retail Stores (Personal Services, Photography, Travel)

Stories: 0

Lot size: -

Building area: 2,090 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: 6407:HIGH DENS MIX USE

Land Use: Commercial

Parcel Number: 01-4207-001-3671

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $668,800

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
12/09/14	$0	0%	Ocean City Group Llc

Ownership

Name: Ocean City Group Llc

Owner Occupied: Yes

Owner Mailing Address: 825 Brickell Bay Dr Ste 251, Miami, Fl 33131

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Southside Elementary School with 7/10 star rating
Middle School: Shenandoah Middle School with 3/10 star rating
High School: Law Enforcement Officers Memorial High School with 7/10 star rating