BNBCalc Short Term Rental Investment Analysis 1405 Martin Luther King Jr Way Seattle WA 98122

3 bed • 2 bath • 8 guests • $638,800

BNB

Calc

Annual Revenue

$65,963

Profit (Cash Flow)

$1,216

Cap Rate

6.9%

Annual Revenue

$65,963

AirDNA projects $301/night at 60% occupancy ($65,963).

BNB Calc projects a 60% occupancy rate, $301 rate per night.

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

Return Metrics

0.78% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$1,216	$2,432	$3,649	$4,865	$6,082	$12,164	$36,492
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$6,275	$12,938	$20,011	$27,521	$35,495	$83,372	$511,040
Down Payment	$127,760	$127,760	$127,760	$127,760	$127,760	$127,760	$127,760
Property Appreciation	$19,164	$38,902	$59,234	$80,175	$101,744	$219,693	$911,735
Total Return	$154,416	$182,034	$210,655	$240,322	$271,081	$442,990	$1,587,028

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

0.78%

Cap Rate

6.93%

Return on Investment

17.15%

1405 Martin Luther King Jr Way Seattle, WA, 98122

3 bed • 2 bath • 8 guests

Purchase Price

Est. $3,064/mo

This property is for sale!

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Seattle

Guide

Zoning

Market

Guide

Laws

Market Data

$65,963

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$1,216

Profit

Revenue

$65,963

Operating Expenses

$21,655

Operating Income

$44,308

Mortgage & Taxes

$43,091

Profit (Cash Flow)

$1,216

$155,424

Cash Investment

Down Payment

$127,760

Renos & Furnishing

$8,500

Closing Costs

$19,164

Total

$155,424

DSCR Ratio

Acceptable

1.03

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

0.78%

Cap Rate

6.93%

Return on Investment

17.15%

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

$30,318

Deductible property tax

$6,324

Your total deduction

$50,291

Your adjusted annual income

$150,000 - $50,291 = $99,709

Taxes on $99,709 (30%)

$29,913

Your old tax bill

$45,000

Your new tax bill

$29,913

Estimated tax savings

$15,087

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:

640 sqft

Year built:

2019

Size:

1,080 sqft

Type:

SFR

Parking:

Heating:

HEAT PUMP

Sold Comparables

Property Details

MLS Status: Active

Property Use: Townhouse

Stories: 2

Lot size: 640 sqft

Building area: 1,080 sqft

Garage: No

Heating: Heat pump

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: LR1 (M)

Land Use: Residential

Parcel Number: 118900-0231

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $597,000

County Est. Land Value: $258,000

Assessed Land Value: $258,000

County Est. Structure Value: $339,000

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
10/03/19	$650,000	75%	Annelynn M Cajayon, Michael D Magdato

Ownership

Name: Annelynn M Cajayon

Owner Occupied: No

Owner Mailing Address: 7 Stafford Pl, Tustin, Ca 92782

Years Owned: 46

Home Equity: $102,700

Mortgage Balance Remaining: $495,700

Financed amount: 75%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Gatzert Elementary School with 1/10 star rating
Middle School: Washington Middle School with 5/10 star rating
High School: Garfield High School with 6/10 star rating