BNBCalc.com Investment Analysis Report of 924 Elmwood Ave

3 bed • 3 bath • 9 guests • $215,600

BNB

Calc

Return Metrics

-4.23% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-4.23%

Cap Rate

5.59%

Return on Investment

10.47%

Annual Revenue

$29,585

AirDNA projects $135/night at 60% occupancy ($29,584). Airbtics projects $152/night at 57% occupancy ($31,644). Airbtics predicts this property will perform in the 49% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$18,411$26,880$45,188$70,449
Occupancy41%53%74%83%
Nightly Rate$120$132$159$220

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Fun, cozy, unique 3BR home with central location
$17,985
$117
42%
3181$0❌❌❌N / Y⭐️ 4.9 (122)Profile

B

“Sumner" Forever / Chic Getaway w/ Jacuzzi Tub!
$21,525
$132
40%
3261$100❌❌✅N / Y⭐️ 4.8 (270)Profile

C

Blue Door House-quiet family friendly
$33,915
$138
57%
3261$125❌❌✅N / Y⭐️ 5 (86)Profile

D

Peaceful Midtown three bedroom home!
$41,036
$121
84%
3271$75❌❌✅N / Y⭐️ 5 (173)Profile

E

Otoe St Retreat
$30,804
$148
50%
3262$120❌❌✅N / Y⭐️ 4.8 (52)Profile

Operating Expenses

Monthly Expenses

$1,461

Annual Expenses

$17,526

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$947

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$247

Management & Platform Fees

$74

Platform Fee (i.e. Airbnb)

$74

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$1,211

Annual Mortgage & Tax

$14,532

Downpayment

Purchase Price

$215,600

Percent Down

20%

Total Downpayment

$43,120

Total Loan Amount

$172,480

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$1,034

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$178

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

6,970 sqft

Year built:

1930

Size:

2,088 sqft

Type:

SFR

Parking:

1

Heating:

FORCED AIR

Sold Comparables

AddressBedsBathsSquare FeetLot SizeYear BuiltLast SaleDays on Market
3766 C St231,4386,9701946$00
869 S 37th St323,1796,5341930$347,00038
1048 S 30th St221,1645,2271920$215,00045
1376 S 32nd St221,0634,7921925$137,00031
835 S 34th St321,5326,0981920$236,0000
3268 Randolph St332,5513,0492018$280,000102
2632 Garfield St221,6265,6631911$200,00061
3810 L St231,8178,7121950$265,00060
857 S 34th St141,7166,5341919$275,00021
4135 A St212,1236,9701947$230,00056

Property Details

  • MLS Status: N/A
  • Property Use: Single Family Residence
  • Stories: 1
  • Lot size:6,970 sqft
  • Building area: 2,088 sqft
  • Garage: 352 sqft
  • Heating: Forced air
  • Pool: No
  • Fireplaces: 1
  • Basement: Partially finished

Lot Info

  • Zoning: R2
  • Land Use: Residential
  • Parcel Number: 17-30-319-004-000
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $165,200
  • County Est. Land Value: $40,000
  • Assessed Land Value: $40,000
  • County Est. Structure Value: $125,200

  • Market Estimate: -

Sale history

DateSale Price% FinancedBuyer
06/14/22$160,00075%Amy Knox Brown, Bradley Allen Koontz
04/25/06$103,00086%Sandra D East

Ownership

  • Name: Amy Knox Brown
  • Owner Occupied: No
  • Owner Mailing Address: 2621 S 41st St, Lincoln, Ne 68506
  • Years Owned: 26
  • Home Equity: -
  • Mortgage Balance Remaining: $108,600
  • Financed amount: 86%
  • 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

$10,233

Deductible property tax

$2,134

Est. Depreciation Value

$113,409

Profit on this property

$12,059

Your total deduction

$113,717

So, your new taxable income is your previous income minus your total deduction ($150,000 - $113,717)

$36,283

Your old tax bill

$45,000

Your new tax bill

$10,885

Estimated tax savings

$34,115

property-location

924 Elmwood Ave Lincoln, Nebraska, 68510-3320

3 bed • 3 bath • 9 guests

Purchase Price

Est. $1,034/mo

Agent

Inquire about this property

Contact Test

Agent at BNB

$215,600

Zestimate

$29,585

Annual Revenue

BNBCalc predicts this property will get $152 per night with 57% occupancy, putting it in the top 49% 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

-4.23%

Cap Rate

5.59%

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

$10,233

Deductible property tax

$2,134

Your total deduction

$36,390

Your adjusted annual income

$150,000 - $36,390 = $113,610

Taxes on $113,610 (30%)

$34,083

Your old tax bill

$45,000

Your new tax bill

$34,083

Estimated tax savings

$10,917

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