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BNBCalc Short Term Rental Investment Analysis 115 Williams Ct

3 bed • 2 bath • 9 guests • $303,500

BNB

Calc

Annual Revenue

$41,893

Profit (Cash Flow)

$2,294

Cap Rate

7.5%

Annual Revenue

$41,893

AirDNA projects $184/night at 63% occupancy ($42,339). Airbtics projects $155/night at 74% occupancy ($41,893). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 74% occupancy rate, $155 rate per night.

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

Percentiles25%50%75%90%
Revenue$31,846$42,017$42,793$77,006
Occupancy70%74%89%100%
Nightly Rate$156$158$164$200

Seasonality (Profit by Month)

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Return Metrics

2.92% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$2,294$4,588$6,882$9,176$11,470$22,941$68,825
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$242,800$242,800$242,800$242,800$242,800$242,800$242,800
Down Payment$60,700$60,700$60,700$60,700$60,700$60,700$60,700
Property Appreciation$9,105$18,483$28,142$38,091$48,339$104,378$433,174
Total Return$314,899$326,571$338,525$350,768$363,310$430,820$805,499

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

2.92%

Cap Rate

7.5%

Return on Investment

18.36%

property-location

115 Williams Ct Mobile, Alabama, 36606-1467

3 bed • 2 bath • 9 guests

Est. $1,456/mo

Agent

Inquire about this property

Contact Agent

$303,500

Zestimate

Mobile

Guide

Zoning

Guide


Laws

$41,893

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $184/night at 63% occupancy.Projected nightly rate is $155/night at 74% occupancy.

Top 51% of comparables

Top 71% of comparables


Seasonality

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$2,294

Profit

Revenue

$41,893

Operating Expenses

$19,126

Operating Income

$22,767

Mortgage & Taxes

$20,473

Profit (Cash Flow)

$2,294

$78,305

Cash Investment

Down Payment

$60,700

Renos & Furnishing

$8,500

Closing Costs

$9,105

Total

$78,305

DSCR Ratio

Acceptable

1.11

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

2.92%

Cap Rate

7.5%

Profit (Cummulative)

$2,294

$242,800

$8,500

$9,105

$0

Total Gain

$14,381

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

$14,404

Deductible property tax

$3,005

Your total deduction

$37,466

Your adjusted annual income

$150,000 - $37,466 = $112,534


Taxes on $112,534 (30%)

$33,760

Your old tax bill

$45,000

Your new tax bill

$33,760


Estimated tax savings

$11,240

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:

43,560 sqft

Year built:

1988

Size:

2,948 sqft

Type:

SFR

Parking:

1

Heating:

FORCED AIR

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
2004 Emogene St321,845-01988$385,00037
6 Elizabeth Pl342,234-01996$400,00054
3 Bienville Ave311,352-7,9711988$255,00056
26 S Monterey St322,114-01991$349,900-
216 Woodlands Ave433,094-13,0682021$640,00046
11 Felder Pl221,566-01988$259,000-
18 Felder Pl321,958-01983$190,000117
133 Frazer Ct443,130-01999$550,00069

Property Details

  • MLS Status: N/A
  • Property Use: Single Family Residence
  • Stories: 2
  • Lot size: 43,560 sqft
  • Building area: 2,948 sqft
  • Garage: No
  • Heating: Forced air
  • Pool: No
  • Fireplaces: 1
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: Residential
  • Parcel Number: 29 07 24 0 005 042.XXX
  • Flood Zone: Yes, Zone

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $24,890
  • County Est. Land Value: $30,000
  • Assessed Land Value: $3,000
  • County Est. Structure Value: $218,900
  • Market Estimate: $440,070


Sale history

DateSale Price% FinancedBuyer
06/11/21$250,00095%Brian S Gavan
05/17/16$205,000100%James D Roy, Catherine K Roy
06/20/14$163,000100%Lucy P Brady
11/02/06$360,00050%Berault,David & Shea
11/04/05$166,40089%Brannan,J B

Ownership

  • Name: Brian S Gavan
  • Owner Occupied: Yes
  • Owner Mailing Address: 115 Williams Ct, Mobile, Al 36606
  • Years Owned: 32
  • Home Equity: $113,900
  • Mortgage Balance Remaining: $237,500
  • Financed amount: 89%
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No

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