BNBCalc Short Term Rental Investment Analysis 2 Erica Ln

2 bed • 2 bath • 12 guests • $497,548

BNB

Calc

Annual Revenue

$64,210

Profit (Cash Flow)

$8,620

Cap Rate

8.5%

Annual Revenue

$64,210

AirDNA projects $293/night at 60% occupancy ($64,209).

BNB Calc projects a 60% occupancy rate, $293 rate per night.

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

Return Metrics

7.12% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$8,619	$17,239	$25,858	$34,478	$43,097	$86,195	$258,587
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$398,038	$398,038	$398,038	$398,038	$398,038	$398,038	$398,038
Down Payment	$99,509	$99,509	$99,509	$99,509	$99,509	$99,509	$99,509
Property Appreciation	$14,926	$30,300	$46,136	$62,446	$79,246	$171,114	$710,131
Total Return	$521,094	$545,087	$569,542	$594,473	$619,892	$754,858	$1,466,267

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

7.12%

Cap Rate

8.47%

Return on Investment

23.51%

2 Erica Ln Greenwood Lake, New York, 10925-4131

2 bed • 2 bath • 12 guests

Purchase Price

Est. $2,386/mo

This property is for sale!

Contact Agent

$64,210

Annual Revenue

Projected nightly rate is $293/night at 60% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$8,620

Profit

Revenue

$64,210

Operating Expenses

$22,027

Operating Income

$42,183

Mortgage & Taxes

$33,563

Profit (Cash Flow)

$8,620

$120,936

Cash Investment

Down Payment

$99,510

Renos & Furnishing

$6,500

Closing Costs

$14,926

Total

$120,936

DSCR Ratio

Strong

1.26

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

7.12%

Cap Rate

8.47%

Return on Investment

23.51%

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

$23,614

Deductible property tax

$4,926

Your total deduction

$49,328

Your adjusted annual income

$150,000 - $49,328 = $100,672

Taxes on $100,672 (30%)

$30,202

Your old tax bill

$45,000

Your new tax bill

$30,202

Estimated tax savings

$14,798

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:

11,550 sqft

Year built:

1940

Size:

2,325 sqft

Type:

SFR

Parking:

Heating:

HOT WATER

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
420 Jersey Ave	3	2	1,456	-	10,530	1925	$0	-
506 Jersey Ave	2	3	2,100	-	5,244	1940	$1,025,000	144
12 Schradin Hl	1	1	440	-	5,000	1935	$180,000	146
39 Blueberry Hl	3	1	1,016	-	31,562	1955	$260,000	-
66 Indian Trl N	1	1	1,202	-	23,520	1938	$174,063	-
10 Mary Cane Rd	3	2	1,882	-	5,005	1947	$195,000	392
8 Mary Cane Rd	3	1	1,098	-	4,130	1940	$280,000	-
176 Lake Shore Rd	4	2	2,593	-	18,328	1950	$1,130,000	174
500 Jersey Ave	3	2	1,704	-	4,794	1940	$0	-
58 Lake Trl	3	1	1,663	-	2,175	1947	$203,000	-

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 2

Lot size: 11,550 sqft

Building area: 2,325 sqft

Garage: Yes

Heating: Hot water

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: 205

Land Use: Residential

Parcel Number: 335489 73-4-16

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2021

Assessed Value: $33,700

County Est. Land Value: $62,673

Assessed Land Value: $6,800

County Est. Structure Value: $247,927

Market Estimate: $497,548

Sale history

Date	Sale Price	% Financed	Buyer
04/28/22	$168,000	117%	Silver Grade Prop Llc
02/09/22	$88,000	0%	Harry F Rotolo
08/25/21	$50,000	0%	Kevin M Mcentyre

Ownership

Name: Silver Grade Prop Llc,

Owner Occupied: No

Owner Mailing Address: 200 School House Rd # B, Middletown, Ny 10940

Years Owned: 20

Home Equity: $201,075

Mortgage Balance Remaining: $136,500

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No