BNBCalc Short Term Rental Investment Analysis 1418 W Laburnum Ave

4 bed • 2 bath • 7 guests • $494,800

BNB

Calc

Report by:

Annual Revenue

$77,446

Profit (Cash Flow)

$20,321

Cap Rate

10.9%

Annual Revenue

$77,446

AirDNA projects $289/night at 61% occupancy ($64,388). Airbtics projects $342/night at 62% occupancy ($77,446). Airbtics predicts this property will perform in the 55% revenue percentile

BNB Calc projects a 62% occupancy rate, $342 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$45,100	$66,270	$98,875	$124,861
Occupancy	55%	60%	69%	88%
Nightly Rate	$255	$316	$362	$537

Seasonality (Profit by Month)

Return Metrics

16.34% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$20,320	$40,641	$60,961	$81,282	$101,603	$203,206	$609,619
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$4,860	$10,021	$15,500	$21,317	$27,493	$64,578	$395,840
Down Payment	$98,960	$98,960	$98,960	$98,960	$98,960	$98,960	$98,960
Property Appreciation	$14,844	$30,133	$45,881	$62,101	$78,808	$170,169	$706,209
Total Return	$138,985	$179,756	$221,304	$263,662	$306,865	$536,914	$1,810,629

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

16.34%

Cap Rate

10.85%

Return on Investment

32.19%

1418 W Laburnum Ave Richmond, Virginia, 23227-4412

4 bed • 2 bath • 7 guests

Purchase Price

Est. $2,373/mo

Inquire about this property

Contact Agent

$494,800

Zestimate

Richmond

Guide

Zoning

Guide

Laws

$77,446

Annual Revenue

BNBCalc predicts this property will get $342 per night with 62% occupancy, putting it in the top 55% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

$20,321

Profit

Revenue

$77,446

Operating Expenses

$23,748

Operating Income

$53,698

Mortgage & Taxes

$33,378

Profit (Cash Flow)

$20,321

$124,304

Cash Investment

Down Payment

$98,960

Renos & Furnishing

$10,500

Closing Costs

$14,844

Total

$124,304

DSCR Ratio

Strong

1.61

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

16.34%

Cap Rate

10.85%

Return on Investment

32.19%

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

$23,484

Deductible property tax

$4,899

Your total deduction

$35,549

Your adjusted annual income

$150,000 - $35,549 = $114,451

Taxes on $114,451 (30%)

$34,335

Your old tax bill

$45,000

Your new tax bill

$34,335

Estimated tax savings

$10,665

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:

6,468 sqft

Year built:

1924

Size:

2,340 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 2

Lot size: 6,468 sqft

Building area: 2,340 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R-5 SINGLE FAMILY

Land Use: Residential

Parcel Number: N-000-1821-025

Flood Zone: No

Tax Info

Year Assessed: 2020

Assessed Value: $371,000

County Est. Land Value: $86,000

Assessed Land Value: $86,000

County Est. Structure Value: $285,000

Market Estimate: $328,064

Sale history

Date	Sale Price	% Financed	Buyer
01/14/22	$0	0%	Donahue Real Estate Llc
12/09/21	$285,000	80%	Patrick J Donahue

Ownership

Name: Donahue Real Est Llc

Owner Occupied: No

Owner Mailing Address: 4620 Augusta Ave, Richmond, Va 23230

Years Owned: 25

Home Equity: $170,700

Mortgage Balance Remaining: $228,000

Financed amount: 80%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Linwood Holton Elementary School with 4/10 star rating
Middle School: Henderson Middle School with 2/10 star rating
High School: John Marshall High School with 2/10 star rating