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:

Revenue Appreciation:

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

User selected values for this report: 60% occupancy rate, $135 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$18,411	$26,880	$45,188	$70,449
Occupancy	41%	53%	74%	83%
Nightly Rate	$120	$132	$159	$220

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 Fun, cozy, unique 3BR home with central location	$17,985	$117	42%	3	1	8	1	$0	❌	❌	❌	N / Y	⭐️ 4.9 (122)	Profile
B “Sumner" Forever / Chic Getaway w/ Jacuzzi Tub!	$21,525	$132	40%	3	2	6	1	$100	❌	❌	✅	N / Y	⭐️ 4.8 (270)	Profile
C Blue Door House-quiet family friendly	$33,915	$138	57%	3	2	6	1	$125	❌	❌	✅	N / Y	⭐️ 5 (86)	Profile
D Peaceful Midtown three bedroom home!	$41,036	$121	84%	3	2	7	1	$75	❌	❌	✅	N / Y	⭐️ 5 (173)	Profile
E Otoe St Retreat	$30,804	$148	50%	3	2	6	2	$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

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$247

Management & Platform Fees

$74

Platform Fee (i.e. Airbnb)

$74

Property Manager Fee

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

Monthly Loan Payment

$1,034

Property Tax Yearly

0.99%

Property Tax Monthly

$178

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

6,970 sqft

Year built:

1930

Size:

2,088 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
3766 C St	2	3	1,438	-	6,970	1946	$0	-
869 S 37th St	3	2	3,179	-	6,534	1930	$347,000	38
1048 S 30th St	2	2	1,164	-	5,227	1920	$215,000	45
1376 S 32nd St	2	2	1,063	-	4,792	1925	$137,000	31
835 S 34th St	3	2	1,532	-	6,098	1920	$236,000	-
3268 Randolph St	3	3	2,551	-	3,049	2018	$280,000	102
2632 Garfield St	2	2	1,626	-	5,663	1911	$200,000	61
3810 L St	2	3	1,817	-	8,712	1950	$265,000	60
857 S 34th St	1	4	1,716	-	6,534	1919	$275,000	21
4135 A St	2	1	2,123	-	6,970	1947	$230,000	56

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 6,970 sqft

Building area: 2,088 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

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

Date	Sale Price	% Financed	Buyer
06/14/22	$160,000	75%	Amy Knox Brown, Bradley Allen Koontz
04/25/06	$103,000	86%	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

$78,888

Profit on this property

$12,059

Your total deduction

$79,196

So, your new taxable income is your previous income minus your total deduction ($150,000 - $79,196)

$70,804

Your old tax bill

$45,000

Your new tax bill

$21,241

Estimated tax savings

$23,759

924 Elmwood Ave Lincoln, Nebraska, 68510-3320

3 bed • 3 bath • 9 guests

Purchase Price

Est. $1,034/mo

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

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

-4.23%

Cap Rate

5.59%

Return on Investment

10.47%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $1,330/mo ($15,960/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $940 to $1,720.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
3445 S St	$1,500	1674	Townhouse	3	3	6/17	97.5%	0.99 mi
2039 Q St	$1,695	1450	Apartment	3	3	4/15	97.0%	1.22 mi
810 S 33rd St	$777		Single Family	3	2	3/25	91.8%	0.16 mi
615 S 40th St	$2,300	1655	Single Family	3	2	3/30	90.8%	0.59 mi
511 S 40th St	$1,399	1464	Townhouse	3	2	8/27	90.8%	0.63 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

$10,233

Deductible property tax

$2,134

Your total deduction

$26,033

Your adjusted annual income

$150,000 - $26,033 = $123,967

Taxes on $123,967 (30%)

$37,190

Your old tax bill

$45,000

Your new tax bill

$37,190

Estimated tax savings

$7,810

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:

6,970 sqft

Year built:

1930

Size:

2,088 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
3766 C St	2	3	1,438	-	6,970	1946	$0	-
869 S 37th St	3	2	3,179	-	6,534	1930	$347,000	38
1048 S 30th St	2	2	1,164	-	5,227	1920	$215,000	45
1376 S 32nd St	2	2	1,063	-	4,792	1925	$137,000	31
835 S 34th St	3	2	1,532	-	6,098	1920	$236,000	-
3268 Randolph St	3	3	2,551	-	3,049	2018	$280,000	102
2632 Garfield St	2	2	1,626	-	5,663	1911	$200,000	61
3810 L St	2	3	1,817	-	8,712	1950	$265,000	60
857 S 34th St	1	4	1,716	-	6,534	1919	$275,000	21
4135 A St	2	1	2,123	-	6,970	1947	$230,000	56

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 6,970 sqft

Building area: 2,088 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

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

Date	Sale Price	% Financed	Buyer
06/14/22	$160,000	75%	Amy Knox Brown, Bradley Allen Koontz
04/25/06	$103,000	86%	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