120 Balmoral Ave Biloxi, Mississippi, 39531
4 bed • 2 bath • 12 guests
Est. $1,055/mo
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Airbnb Investor Score
$11,225
Annual Profit
11.8%
Cap Rate
18.4%
Cash on Cash
$45,685
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $236/night at 44% occupancy.Projected nightly rate is $236/night at 53% occupancy.
Top 41% of comparables
Top 48% of comparables
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40
Airbnb Comparables
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$49,942
Avg annual revenue
53%
Avg occupancy rate
$236
Avg nightly rate
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Revenue per year
$20k
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$115k
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$11,225
Profit
Revenue
$45,685
Operating Expenses
$19,619
Operating Income
$26,066
Mortgage & Taxes
$14,841
Profit (Cash Flow)
$11,225
$61,100
Cash Investment
Down Payment
$44,000
Renos & Furnishing
$10,500
Closing Costs
$6,600
Total
$61,100
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
18.37%
Cap Rate
11.84%
STR Tax Calculator (USA)
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
$10,441
Deductible property tax
$2,178
Your total deduction
$12,019
Your adjusted annual income
$150,000 - $12,019 = $137,981
Taxes on $137,981 (30%)
$41,394
Your old tax bill
$45,000
Your new tax bill
$41,394
Estimated tax savings
$3,606
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
0.3 sqft
Year built:
1946
Size:
2,500 sqft
Type:
SINGLE_FAMILY
Parking:
-
Heating:
Central, Natural Gas
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 1
- Lot size: 0.3 sqft
- Building area: 2,500 sqft
- Garage: No
- Heating: Central, natural gas
- Pool: No
- Fireplaces: -
- Basement: No
- Cooling: Central Air, Electric
- View: -
- Parking: Driveway, On Street, Paved
- Amenities: Dishwasher, Microwave, Oven, Refrigerator
- Price per square foot: $88
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 1110n01002.000
- Flood Zone: Yes, Zone Moderate risk: Areas of 0.2% annual chance flood (500-year flood)
Tax Info
- Year Assessed: 2023
- Assessed Value: $126,490
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools
- High School: Biloxi High School with 9/10 star rating