BNBCalc.com Investment Analysis Report of 9332 Elsa St

3 bed • 1 bath • 9 guests • $36,600

BNB

Calc

Return Metrics

59.3% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

59.3%

Cap Rate

33.72%

Return on Investment

68.04%

Annual Revenue

$29,913

AirDNA projects $273/night at 30% occupancy ($29,913). Airbtics projects $208/night at 50% occupancy ($37,985). Airbtics predicts this property will perform in the 68% revenue percentile

User selected values for this report: 30% occupancy rate, $273 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$13,995	$23,436	$37,253	$57,876
Occupancy	39%	55%	62%	72%
Nightly Rate	$86	$105	$145	$198

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 Beautiful, spacious and full of fun.	$21,934	$142	38%	1	2	5	1	$95	✅	❌	✅	N / Y	⭐️ 4.9 (10)	Profile
B 1702: 1 to 4 Guests/Free Parking/Heart of Downtown	$57,427	$223	67%	1	2	4	1	$85	❌	❌	❌	N / Y	⭐️ 4.8 (207)	Profile
C 1707: 1 to 4 Guests/Free Parking/Heart of Downtown	$49,754	$234	55%	1	2	4	1	$85	❌	❌	❌	N / Y	⭐️ 4.8 (149)	Profile
D 1408: 1BD Heart of Downtown! Free Parking	$40,629	$184	55%	1	2	4	1	$85	❌	❌	❌	N / Y	⭐️ 4.8 (207)	Profile
E Waterfront Home in Central City -KING BED 4 guests	$25,507	$103	62%	1	2	4	1	$59	❌	✅	✅	N / Y	⭐️ 5 (112)	Profile

Operating Expenses

Monthly Expenses

$1,464

Annual Expenses

$17,569

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$949

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$249

Management & Platform Fees

$75

Platform Fee (i.e. Airbnb)

$75

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$205

Annual Mortgage & Tax

$2,460

Downpayment

Purchase Price

$36,600

Percent Down

20%

Total Downpayment

$7,320

Total Loan Amount

$29,280

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$176

Property Tax Yearly

0.99%

Property Tax Monthly

$30

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

3,049 sqft

Year built:

1916

Size:

1,590 sqft

Type:

SFR

Parking:

Heating:

HOT WATER

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
4667 Beniteau St	5	1	1,396	-	5,227	1923	$45,000	144
4495 Bewick St	3	2	1,167	-	3,485	1917	$29,000	11
4491 Cadillac Blvd	-	2	1,662	-	3,920	1919	$67,500	82
4508 Garland St	4	2	1,538	-	3,920	1917	$67,000	76
2539 Harding St	3	1	1,378	-	4,792	1910	$38,000	132
9371 Laura St	3	1	1,298	-	3,049	1909	$18,000	53
9338 Elsa St	-	2	1,517	-	3,049	1914	-	-
5008 Iroquois St	-	1	1,284	-	3,049	1911	$35,000	-
2996 Seyburn St	4	2	1,561	-	2,614	1911	$299,900	28

Property Details

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

Property Use: Single Family Residence

Stories: 2

Lot size: 3,049 sqft

Building area: 1,590 sqft

Garage: Yes

Heating: Hot water

Pool: No

Fireplaces: 0

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: R2

Land Use: Residential

Parcel Number: 19001025.

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2020

Assessed Value: $9,310

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Ownership

Name: Escoe Phyllis Thomas

Owner Occupied: Yes

Owner Mailing Address: 9332 Elsa St, Detroit, Mi 48214

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: N/A

Inherited: N/A

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

$1,737

Deductible property tax

$362

Est. Depreciation Value

$15,363

Profit on this property

$12,345

Your total deduction

$5,117

So, your new taxable income is your previous income minus your total deduction ($150,000 - $5,117)

$144,883

Your old tax bill

$45,000

Your new tax bill

$43,465

Estimated tax savings

$1,535

9332 Elsa St Detroit, Michigan, 48214-1465

3 bed • 1 bath • 9 guests

Purchase Price

Est. $176/mo

This property is for sale!

Contact Test

Agent at BNB

$29,913

Annual Revenue

BNBCalc predicts this property will get $208 per night with 50% occupancy, putting it in the top 68% 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

59.3%

Cap Rate

33.72%

Return on Investment

68.04%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $1,010/mo ($12,120/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $800 to $1,220.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
2229 Fischer St	$695		Apartment	1	1	12/20	97.8%	0.86 mi
1396 Cadillac Blvd	$800	450	Condo	1	1	8/14	97.3%	1.09 mi
1396 Cadillac Blvd	$800	400	Condo	1	1	8/14	97.3%	1.09 mi
1396 Cadillac Blvd	$1,000	550	Condo	1	1	6/19	97.3%	1.09 mi
1396 Cadillac Blvd	$950	500	Condo	1	1	6/19	97.3%	1.09 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

$1,737

Deductible property tax

$362

Your total deduction

-$5,315

Your adjusted annual income

$150,000 - -$5,315 = $155,315

Taxes on $155,315 (30%)

$46,594

Your old tax bill

$45,000

Your new tax bill

$46,594

Estimated tax savings

-$1,594

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:

3,049 sqft

Year built:

1916

Size:

1,590 sqft

Type:

SFR

Parking:

Heating:

HOT WATER

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
4667 Beniteau St	5	1	1,396	-	5,227	1923	$45,000	144
4495 Bewick St	3	2	1,167	-	3,485	1917	$29,000	11
4491 Cadillac Blvd	-	2	1,662	-	3,920	1919	$67,500	82
4508 Garland St	4	2	1,538	-	3,920	1917	$67,000	76
2539 Harding St	3	1	1,378	-	4,792	1910	$38,000	132
9371 Laura St	3	1	1,298	-	3,049	1909	$18,000	53
9338 Elsa St	-	2	1,517	-	3,049	1914	-	-
5008 Iroquois St	-	1	1,284	-	3,049	1911	$35,000	-
2996 Seyburn St	4	2	1,561	-	2,614	1911	$299,900	28

Property Details

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

Property Use: Single Family Residence

Stories: 2

Lot size: 3,049 sqft

Building area: 1,590 sqft

Garage: Yes

Heating: Hot water

Pool: No

Fireplaces: 0

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: R2

Land Use: Residential

Parcel Number: 19001025.

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2020

Assessed Value: $9,310

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Ownership

Name: Escoe Phyllis Thomas

Owner Occupied: Yes

Owner Mailing Address: 9332 Elsa St, Detroit, Mi 48214

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: N/A

Inherited: N/A

Foreclosure: No