BNBCalc Short Term Rental Investment Analysis 1111 Tulane Ave

4 bed • 3 bath • 10 guests • $1,076,100

BNB

Calc

Annual Revenue

$117,444

Profit (Cash Flow)

$15,906

Cap Rate

8.2%

Annual Revenue

$117,444

AirDNA projects $545/night at 59% occupancy ($117,444). Airbtics projects $283/night at 52% occupancy ($53,749). Airbtics predicts this property will perform in the 57% revenue percentile

BNB Calc projects a 59% occupancy rate, $545 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles	25%	50%	75%	90%
Revenue	$35,472	$45,283	$63,955	$77,269
Occupancy	50%	53%	61%	64%
Nightly Rate	$206	$226	$363	$431

Seasonality (Profit by Month)

Return Metrics

6.15% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$15,906	$31,812	$47,718	$63,624	$79,530	$159,061	$477,184
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$860,880	$860,880	$860,880	$860,880	$860,880	$860,880	$860,880
Down Payment	$215,220	$215,220	$215,220	$215,220	$215,220	$215,220	$215,220
Property Appreciation	$32,283	$65,534	$99,783	$135,060	$171,394	$370,088	$1,535,877
Total Return	$1,124,289	$1,173,446	$1,223,601	$1,274,784	$1,327,025	$1,605,249	$3,089,161

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

6.15%

Cap Rate

8.22%

Return on Investment

22.75%

1111 Tulane Ave New Orleans, Louisiana, 70112-1901

4 bed • 3 bath • 10 guests

Purchase Price

Est. $5,161/mo

This property is for sale!

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New Orleans

Guide

Zoning

Market

Guide

Laws

Market Data

$117,444

Annual Revenue

This property is projected to be in the top 57% revenue percentile compared to similar properties nearby.
Projected nightly rate is $545/night at 59% occupancy.Projected nightly rate is $283/night at 52% occupancy.

Occupancy Rate

Top 31% of comparables

Avg Daily Rate

Top 1% of comparables

Seasonality

$15,906

Profit

Revenue

$117,444

Operating Expenses

$28,948

Operating Income

$88,496

Mortgage & Taxes

$72,590

Profit (Cash Flow)

$15,906

$258,253

Cash Investment

Down Payment

$215,220

Renos & Furnishing

$10,750

Closing Costs

$32,283

Total

$258,253

DSCR Ratio

Acceptable

1.22

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

6.15%

Cap Rate

8.22%

Return on Investment

22.75%

STR 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

$51,073

Deductible property tax

$10,653

Your total deduction

$92,185

Your adjusted annual income

$150,000 - $92,185 = $57,815

Taxes on $57,815 (30%)

$17,345

Your old tax bill

$45,000

Your new tax bill

$17,345

Estimated tax savings

$27,655

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:

24,178 sqft

Year built:

Size:

Type:

OTHER

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: Exempt (Full Or Partial)

Stories: -

Lot size: 24,178 sqft

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Other / Unknown

Parcel Number: 105102206

Flood Zone: Yes, Zone 0.2

Tax Info

Year Assessed:

Assessed Value: $6,687,020

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $44,580,160

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
10/26/23	$669,906	93%	Floor 7 Llc
07/19/23	$667,826	94%	Heights Investments Llc
06/08/23	$706,874	92%	Boyz Are Back Llc
06/02/23	$237,068	89%	Roderick Fontenette
05/31/23	$713,001	7012%	La Purchase 3 0 Llc
05/25/23	$713,001	91%	La Purchase 2 0 Llc
05/08/23	$706,874	88%	Christopher Reid Call, Jordan Keith Wright
04/27/23	$694,948	74%	Veracity Consulting Group Llc
04/14/23	$694,948	79%	Jules Andrew Walters Iii
04/06/23	$694,948	86%	1111 Tulane Llc

Ownership

Name: Floor 7 Llc

Owner Occupied: No

Owner Mailing Address: 2349 S Hunter Dr, Lehi, UT 70001

Years Owned: 12

Home Equity: -

Mortgage Balance Remaining: $629,420

Financed amount: 86%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No