215 Sims Ln Luray, Virginia, 22835
2 bed • 1 bath • 5 guests
Est. $1,679/mo

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$356,900
Zestimate
Airbnb Investor Score
-$4,716
Annual Profit
5.4%
Cap Rate
-5.4%
Cash on Cash
$37,441
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $242/night at 48% occupancy.Projected nightly rate is $201/night at 51% occupancy.
Top 46% of comparables
Top 56% of comparables
Seasonality
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40
Airbnb Comparables
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$38,593
Avg annual revenue
51%
Avg occupancy rate
$201
Avg nightly rate
Any type
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Revenue per year
$15k
$40k
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-$4,716
Profit
Revenue
$37,441
Operating Expenses
$18,547
Operating Income
$18,894
Mortgage & Taxes
$23,610
Profit (Cash Flow)
-$4,716
$86,750
Cash Investment
Down Payment
$70,000
Renos & Furnishing
$6,250
Closing Costs
$10,500
Total
$86,750
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-5.43%
Cap Rate
5.39%
STR Tax Calculator (USA)
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
$16,611
Deductible property tax
$3,465
Your total deduction
$40,252
Your adjusted annual income
$150,000 - $40,252 = $109,748
Taxes on $109,748 (30%)
$32,924
Your old tax bill
$45,000
Your new tax bill
$32,924
Estimated tax savings
$12,076
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
1 sqft
Year built:
2015
Size:
1,386 sqft
Type:
SINGLE_FAMILY
Parking:
-
Heating:
Heat Pump
Sold Comparables
Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
---|---|---|---|---|---|---|---|---|
580 River Hills Rd | 2 | 2 | 1,344 | $260 | 1.6 | - | - | - |
4733 Us Highway 340 | 2 | 2 | 1,390 | $223 | 1.75 | - | - | - |
34 Eden Rd | 2 | 2 | 1,320 | $196 | 0.3 | - | - | - |
357 Park Rd | - | - | 0 | - | 0 | - | - | - |
320 Cavalier Rd | 3 | 2 | 1,120 | $258 | 1.85 | - | - | - |
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 2
- Lot size: 1 sqft
- Building area: 1,386 sqft
- Garage: No
- Heating: Heat pump
- Pool: No
- Fireplaces: 1
- Basement: Yes
- Cooling: Central Air
- View: Mountain(s)
- Parking: -
- Amenities: Dishwasher, Electric Range, Microwave, Refrigerator, Dryer, Washer
- Price per square foot: $254
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 74 A 78
- Flood Zone: No
Tax Info
- Year Assessed: 2023
- Assessed Value: $209,200
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $353,400
Schools
- Elementary School: Stanley Elementary School with 6/10 star rating
- Middle School: Page County Middle School with 5/10 star rating
- High School: Page County High School with 5/10 star rating