BNBCalc Short Term Rental Investment Analysis 125 Lake Dr

3 bed • 2 bath • 9 guests • $550,000

BNB

Calc

Annual Revenue

$37,080

Profit (Cash Flow)

-$17,922

Cap Rate

3.5%

Annual Revenue

$37,080

AirDNA projects $157/night at 73% occupancy ($41,860). Airbtics projects $188/night at 54% occupancy ($37,079). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 54% occupancy rate, $188 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$30,443	$35,982	$42,504	$56,899
Occupancy	46%	54%	64%	70%
Nightly Rate	$131	$185	$206	$259

Seasonality (Profit by Month)

Return Metrics

-13.27% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$17,922	-$35,844	-$53,766	-$71,688	-$89,610	-$179,220	-$537,661
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$440,000	$440,000	$440,000	$440,000	$440,000	$440,000	$440,000
Down Payment	$110,000	$110,000	$110,000	$110,000	$110,000	$110,000	$110,000
Property Appreciation	$16,500	$33,495	$50,999	$69,029	$87,600	$189,154	$784,994
Total Return	$548,577	$547,650	$547,233	$547,341	$547,990	$559,933	$797,333

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.27%

Cap Rate

3.48%

Return on Investment

2.94%

125 Lake Dr Glocester, Rhode Island, 02814-1212

3 bed • 2 bath • 9 guests

Purchase Price

Est. $2,638/mo

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Contact Agent

$557,500

Zestimate

$37,080

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $157/night at 73% occupancy.Projected nightly rate is $188/night at 54% occupancy.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

-$17,922

Profit

Revenue

$37,080

Operating Expenses

$17,900

Operating Income

$19,179

Mortgage & Taxes

$37,101

Profit (Cash Flow)

-$17,922

$135,000

Cash Investment

Down Payment

$110,000

Renos & Furnishing

$8,500

Closing Costs

$16,500

Total

$135,000

DSCR Ratio

Weak

0.52

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-13.27%

Cap Rate

3.48%

Return on Investment

2.94%

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

$26,104

Deductible property tax

$5,445

Your total deduction

$44,420

Your adjusted annual income

$150,000 - $44,420 = $105,580

Taxes on $105,580 (30%)

$31,674

Your old tax bill

$45,000

Your new tax bill

$31,674

Estimated tax savings

$13,326

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:

5,489 sqft

Year built:

1950

Size:

1,719 sqft

Type:

SFR

Parking:

Heating:

HOT WATER

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
348 Lake Dr	2	2	2,372	-	7,797	1986	$0	-
24 Pine Orchard Rd	1	1	2,150	-	30,492	1940	$201,500	21
1646 Putnam Pike	3	1	2,360	-	10,193	1940	$206,000	-
213 Lake Dr	2	2	4,304	-	10,324	1975	$787,450	53
52 Echo Rd	2	1	900	-	10,542	1945	$0	-
1660 Putnam Pike	3	1	1,200	-	6,011	1955	$235,000	138
1693 Putnam Pike	3	1	1,972	-	10,934	1988	$355,000	91
4 Centre Rd	3	1	2,414	-	10,019	1983	$250,000	-
20 Echo Rd	2	1	1,689	-	26,092	1948	$257,500	53
87 Jackson School House Rd	2	1	2,068	-	3,746	1945	$275,000	-

Property Details

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

Property Use: Single Family Residence

Stories: 2

Lot size: 5,489 sqft

Building area: 1,719 sqft

Garage: No

Heating: Hot water

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: 20

Land Use: Residential

Parcel Number: GLOC M:PLB B:011

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $438,300

County Est. Land Value: -

Assessed Land Value: $279,100

County Est. Structure Value: -

Market Estimate: $315,348

Sale history

Date	Sale Price	% Financed	Buyer
Invalid Date	$104,000	99%	John C Garabedian
Invalid Date	$100,000	80%	Patrick M Monahan

Ownership

Name: John C Garabedian

Owner Occupied: No

Owner Mailing Address: 30 Read St, Deep River, Ct 06417

Years Owned: 290

Home Equity: $252,900

Mortgage Balance Remaining: $127,000

Financed amount: 80%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No