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:

3%

Revenue Appreciation:

0%

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

Revenue Percentile

Percentiles25%50%75%90%
Revenue$45,314$69,286$117,512$149,592
Occupancy55%72%86%94%
Nightly Rate$219$254$364$424

Seasonality (Profits By Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Brickell 2 Bedroom Ocean View Apartment
$61,694
$215
73%
2181$170✅❌❌N / Y⭐️ 4.7 (45)Profile

B

Fantastic APT @ Brickell, Free Parking.
$174,411
$592
79%
2161$120✅✅✅N / Y⭐️ 4.9 (64)Profile

C

Modern 2BR Condo Full Amenities Brickell
$80,802
$221
95%
2152$120✅✅❌N / Y⭐️ 4.5 (47)Profile

D

New and Bright apartment at Brickell, Free Parking
$64,513
$229
74%
2161$120✅✅✅N / Y⭐️ 4.5 (19)Profile

E

Amazing 2BR APT @Brickell, Free Parking
$80,307
$254
82%
2162$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

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$795

Management & Platform Fees

$239

Platform Fee (i.e. Airbnb)

$239

Property Manager Fee

$0

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

6%

Monthly Loan Payment

$2,925

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$503

Mortgage Insurance (PMI)

0%

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: -
  • Heating: None
  • Pool: No
  • Fireplaces: 0
  • Basement: No basement

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

DateSale Price% FinancedBuyer
12/09/14$00%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 star rating
  • Middle School: Shenandoah Middle School with 3 star rating
  • High School: Law Enforcement Officers Memorial High School with 7 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

$285,058

Profit on this property

$69,351

Your total deduction

$250,691

So, your new taxable income is your previous income minus your total deduction ($150,000 - $250,691)

-$100,691

Your old tax bill

$45,000

Your new tax bill

-$30,207

Estimated tax savings

$75,207

property-location

825 Brickell Bay Dr Miami, Florida, 33131-2968

2 bed • 2 bath • 4 guests

Purchase Price

Est. $2,925/mo

Agent

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

Loading...

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

Sign up to see the data on 40 all comparables

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

19.22%

Cap Rate

11.37%

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

$56,515

Your adjusted annual income

$150,000 - $56,515 = $93,485

Taxes on $93,485 (30%)

$28,046

Your old tax bill

$45,000

Your new tax bill

$28,046

Estimated tax savings

$16,954

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