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BNBCalc Short Term Rental Investment Analysis 23 Parsonage Lot Rd

4 bed β€’ 4 bath β€’ 1 guests β€’ $1,068,700

BNB

Calc

Report by:

Property Data

njtaxmap@gmail.com

Annual Revenue

$91,494

Profit (Cash Flow)

-$6,172

Cap Rate

6.2%

Annual Revenue

$91,494

AirDNA projects $501/night at 50% occupancy ($91,493). Airbtics projects $379/night at 61% occupancy ($84,440). Airbtics predicts this property will perform in the 133% revenue percentile

BNB Calc projects a 50% occupancy rate, $501 rate per night.

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

Percentiles25%50%75%90%
Revenue$13,048$20,089$38,228$60,334
Occupancy27%36%58%81%
Nightly Rate$130$150$177$200

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Cottage by River/Fishing/Bike- No Cleaning Fee!
$51,467
$178
79%
112$0❌❌❌N / Y⭐️ 5 (87)
Nature Lovers Cottage
$18,824
$89
53%
111$50❌❌❌Y / Y⭐️ 4.7 (37)
Carriage House
$18,975
$165
31%
113$35βŒβŒβœ…Y / Y⭐️ 5 (73)
Private Rustic Guest House
$16,667
$198
23%
111$0βœ…βŒβœ…N / N⭐️ 5 (6)
One Bedroom Private Apartment
$21,912
$136
42%
111$40❌❌❌Y / Y⭐️ 4.8 (4)
Furnished Private Apartment* Best Extend Stay
$12,162
$123
26%
111$36❌❌❌Y / Y⭐️ 5 (14)
Bella Rosa Farm: Guest Suite with Private Entrance
$19,103
$174
30%
111$0❌❌❌N / Y⭐️ 5 (3)
Private 1 Bedroom Apartment for Business Traveler
$12,847
$130
27%
111$30❌❌❌Y / Y⭐️ 4.8 (8)
Luxurious Poolside Escape
$48,312
$132
100%
111$0βœ…βŒβŒY / Y⭐️ 3.8 (4)
Beautiful studio, 4 minutes from Trump Bedminster.
$48,312
$220
60%
111$0βŒβŒβœ…Y / N⭐️ 0 (0)

Return Metrics

-2.4% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$6,171-$12,343-$18,515-$24,686-$30,858-$61,716-$185,150
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$10,499$21,645$33,479$46,043$59,382$139,480$854,960
Down Payment$213,740$213,740$213,740$213,740$213,740$213,740$213,740
Property Appreciation$32,061$65,083$99,097$134,131$170,216$367,543$1,525,315
Total Return$250,128$288,126$327,801$369,228$412,480$659,047$2,408,864

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-2.4%

Cap Rate

6.16%

Return on Investment

14.16%

property-location

23 Parsonage Lot Rd Lebanon, New Jersey, 08833-4612

4 bed β€’ 4 bath β€’ 1 guests

Est. $5,126/mo

Agent

Inquire about this property

Contact Agent

$1,068,700

Zestimate

$91,494

Annual Revenue

BNBCalc predicts this property will get $379 per night with 61% occupancy, putting it in the top 133% revenue percentile compared to similar properties nearby.

Top 31% of comparables

Top 1% of comparables


Seasonality

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10

Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$26,858

Avg annual revenue

47%

Avg occupancy rate

$154

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$10k

$25k

$40k

$50k

Sign up to see the data on 10 all comparables

-$6,172

Profit

Revenue

$91,494

Operating Expenses

$25,574

Operating Income

$65,919

Mortgage & Taxes

$72,091

Profit (Cash Flow)

-$6,172

$256,801

Cash Investment

Down Payment

$213,740

Renos & Furnishing

$11,000

Closing Costs

$32,061

Total

$256,801

DSCR Ratio

Weak

0.91

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-2.4%

Cap Rate

6.16%

Profit (Cummulative)

-$6,172

$10,499

$11,000

$32,061

$0

Total Gain

$36,388

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

$50,722

Deductible property tax

$10,580

Your total deduction

$120,230

Your adjusted annual income

$150,000 - $120,230 = $29,770


Taxes on $29,770 (30%)

$8,931

Your old tax bill

$45,000

Your new tax bill

$8,931


Estimated tax savings

$36,069

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:

130,724 sqft

Year built:

1979

Size:

4,327 sqft

Type:

SFR

Parking:

1

Heating:

NONE

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: Single Family Residence
  • Stories: 2
  • Lot size: 130,724 sqft
  • Building area: 4,327 sqft
  • Garage: No
  • Heating: None
  • Pool: No
  • Fireplaces: 0
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: HL
  • Land Use: Residential
  • Parcel Number: 24 00027-0000-00021
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $701,400
  • County Est. Land Value: $185,000
  • Assessed Land Value: $185,000
  • County Est. Structure Value: $516,400
  • Market Estimate: $920,899


Ownership

  • Name: Higgins Lawrence
  • Owner Occupied: Yes
  • Owner Mailing Address: 23 Parsonage Lot Rd, Lebanon, Nj 08833
  • Years Owned: 307
  • Home Equity: $576,800
  • Mortgage Balance Remaining: $293,500
  • Financed amount: -
  • Owner Type: Individual
  • Lien: N/A
  • Inherited: N/A
  • Foreclosure: No