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BNBCalc Short Term Rental Rental Arbitrage Analysis 115 29th Avenue East, Seattle, Washington 98112, United States

4 bed • 2 bath • 8 guests • $0

BNB

Calc

Annual Revenue

$112,532

Profit (Cash Flow)

$39,703

Cash on Cash Return

273.8%

Annual Revenue

$112,532

AirDNA projects $474/night at 65% occupancy ($112,531).

BNB Calc projects a 65% occupancy rate, $474 rate per night.

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


Return Metrics

273.81% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$39,702$79,405$119,107$158,810$198,512$397,025$1,191,076
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return$39,702$79,405$119,107$158,810$198,512$397,025$1,191,076

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

273.81%

Payback Period Days

133

Return on Investment

273.81%

property-location

115 29th Ave E Seattle, Washington, 98112-4801

4 bed • 2 bath • 8 guests

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Market Data

$112,532

Annual Revenue


Projected nightly rate is $474/night at 65% occupancy.

Top 101% of comparables

Top 101% of comparables


$39,703

Profit

Revenue

$112,532

Operating Expenses

$26,029

Operating Income

$86,503

Net Effective Rent

$46,800

Profit (Cash Flow)

$39,703

$14,500

Cash Investment

Renos & Furnishing

$10,500

Setup Costs

$4,000

Total

$14,500

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

273.81%

Payback Period Days

133

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

1,960 sqft

Year built:

1944

Size:

1,280 sqft

Type:

SFR

Parking:

-

Heating:

FORCED AIR

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: Single Family Residence
  • Stories: 1
  • Lot size: 1,960 sqft
  • Building area: 1,280 sqft
  • Garage: No
  • Heating: Forced air
  • Pool: No
  • Fireplaces: 1
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: NR3
  • Land Use: Residential
  • Parcel Number: 982870-1212
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $706,000
  • County Est. Land Value: $316,000
  • Assessed Land Value: $316,000
  • County Est. Structure Value: $390,000
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
01/20/09$328,00098%Alireza Namvar-Sephidan
11/12/04$275,00080%Andrew Daday

Ownership

  • Name: Alireza Namvar Sephidan
  • Owner Occupied: Yes
  • Owner Mailing Address: 115 29th Ave E, Seattle, Wa 98112
  • Years Owned: 170
  • Home Equity: $508,241
  • Mortgage Balance Remaining: $322,059
  • Financed amount: 80%
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No