BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Rental Arbitrage Analysis 1701 East 8th Street, Tempe, Arizona 85281, United States

2 bed • 2 bath • 6 guests • $0

BNB

Calc

Annual Revenue

$34,976

Profit (Cash Flow)

-$2,511

Cash on Cash Return

-46.5%

Annual Revenue

$34,976

AirDNA projects $152/night at 63% occupancy ($34,975).

BNB Calc projects a 63% occupancy rate, $152 rate per night.

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


Return Metrics

-46.54% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$2,511-$5,022-$7,533-$10,044-$12,555-$25,110-$75,332
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return-$2,511-$5,022-$7,533-$10,044-$12,555-$25,110-$75,332

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-46.54%

Payback Period Days

0

Return on Investment

-46.54%

property-location

1701 E 8th St Tempe, Arizona, 85281

2 bed • 2 bath • 6 guests

Agent

Inquire about this property

Contact Agent

$2,010

Zestimate

Tempe

Guide

Zoning

Guide


Laws

$34,976

Annual Revenue


Projected nightly rate is $152/night at 63% occupancy.

Top 101% of comparables

Top 101% of comparables


-$2,511

Profit

Revenue

$34,976

Operating Expenses

$15,947

Operating Income

$19,029

Net Effective Rent

$21,540

Profit (Cash Flow)

-$2,511

$5,395

Cash Investment

Renos & Furnishing

$3,500

Setup Costs

$1,895

Total

$5,395

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

-46.54%

Payback Period Days

0

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

323,500 sqft

Year built:

1985

Size:

136,195 sqft

Type:

MFR

Parking:

-

Heating:

PACKAGE

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: Apartments (Generic)
  • Stories: 2
  • Lot size: 323,500 sqft
  • Building area: 136,195 sqft
  • Garage: No
  • Heating: Package
  • Pool: No
  • Fireplaces: 0
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: R-4
  • Land Use: Residential
  • Parcel Number: 132-60-027A
  • Flood Zone: Yes, Zone 0.2

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $3,225,280
  • County Est. Land Value: $6,450,500
  • Assessed Land Value: $645,050
  • County Est. Structure Value: $25,802,300
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
05/18/22$60,500,00070%Tempe Llc, Tempe Dk Az Llc
03/11/21$30,190,00072%Kre Omnia Owner Llc
08/01/16$19,560,00078%Capital Real Estate-Omn 8th
10/16/06$15,350,50072%Pm Foxfire Tempe Llc
Invalid Date$9,950,00080%Sabino-Foxfire Lp
Invalid Date$00%James A Abel
Invalid Date$560,0000%Schlossberg,Mark A & Maria R
Invalid Date$7,000,0000%Schlossberg,Mark A & Maria R
Invalid Date$4,300,00070%L L C Foxfire

Ownership

  • Name: Tempe Llc, & Tempe Dk Az Llc,
  • Owner Occupied: No
  • Owner Mailing Address: 20 Sedgwick Dr, Cherry Hills Village, Co 80113
  • Years Owned: 14
  • Home Equity: -
  • Mortgage Balance Remaining: $42,350,000
  • Financed amount: 69.7674%
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: No