BNBCalc Short Term Rental Investment Analysis 1424 Chinquapin Dr

2 bed • 1 bath • 6 guests • $594,000

BNB

Calc

Annual Revenue

$64,115

Profit (Cash Flow)

$2,031

Cap Rate

7.1%

Annual Revenue

$64,115

AirDNA projects $324/night at 53% occupancy ($62,719). Airbtics projects $262/night at 67% occupancy ($64,114). Airbtics predicts this property will perform in the 53% revenue percentile

BNB Calc projects a 67% occupancy rate, $262 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$43,082	$59,908	$62,487	$116,388
Occupancy	45%	63%	88%	100%
Nightly Rate	$243	$260	$306	$320

Seasonality (Profit by Month)

Return Metrics

1.42% 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)	$2,030	$4,061	$6,091	$8,122	$10,153	$20,306	$60,918
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$475,200	$475,200	$475,200	$475,200	$475,200	$475,200	$475,200
Down Payment	$118,800	$118,800	$118,800	$118,800	$118,800	$118,800	$118,800
Property Appreciation	$17,820	$36,174	$55,079	$74,552	$94,608	$204,286	$847,793
Total Return	$613,850	$634,235	$655,171	$676,674	$698,761	$818,592	$1,502,712

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

1.42%

Cap Rate

7.08%

Return on Investment

17.97%

1424 Chinquapin Dr South Lake Tahoe, California, 96150-7441

2 bed • 1 bath • 6 guests

Purchase Price

Est. $2,849/mo

This property is for sale!

Contact Agent

$64,115

Annual Revenue

This property is projected to be in the top 53% revenue percentile compared to similar properties nearby.
AirDNA projects $324/night at 53% occupancy ($62,719.69). Airbtics projects $262/night at 67% occupancy ($64,114).

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

$2,031

Profit

Revenue

$64,115

Operating Expenses

$22,015

Operating Income

$42,100

Mortgage & Taxes

$40,069

Profit (Cash Flow)

$2,031

$142,870

Cash Investment

Down Payment

$118,800

Renos & Furnishing

$6,250

Closing Costs

$17,820

Total

$142,870

DSCR Ratio

Acceptable

1.05

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

1.42%

Cap Rate

7.08%

Return on Investment

17.97%

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

$28,192

Deductible property tax

$5,881

Your total deduction

$50,506

Your adjusted annual income

$150,000 - $50,506 = $99,494

Taxes on $99,494 (30%)

$29,848

Your old tax bill

$45,000

Your new tax bill

$29,848

Estimated tax savings

$15,152

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:

7,405 sqft

Year built:

1960

Size:

960 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
2703 Genoa Ave	3	2	1,760	-	7,840	1977	$590,000	52
1391 Black Bart Ave	3	1	660	-	8,712	1959	$585,000	105
2695 Genoa Ave	2	1	1,104	-	7,840	1980	$505,000	194
2677 Genoa Ave	2	1	749	-	7,840	1959	$0	-
1658 Glenwood Way	3	2	1,306	-	6,098	1960	$558,000	3
1105 Charles Ave	3	2	1,215	-	8,276	1964	$650,000	2
2584 Del Norte St	3	2	1,244	-	9,583	1966	$590,000	76
1660 Plateau Cir	3	2	1,380	-	6,969	1982	$675,000	67
2529 Kubel Ave	2	1	988	-	5,227	1973	$500,000	105
2565 Alma Ave	3	2	1,040	-	5,227	1978	$420,000	49

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 1

Lot size: 7,405 sqft

Building area: 960 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: T1

Land Use: Residential

Parcel Number: 025-352-010-000

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $565,000

County Est. Land Value: -

Assessed Land Value: $395,500

County Est. Structure Value: -

Market Estimate: $525,014