BNBCalc Short Term Rental Investment Analysis 2631 Red Rock Street, Las Vegas, Nevada 89146, United States

2 bed • 2 bath • 6 guests • $248,200

BNB

Calc

Annual Revenue

$50,623

Profit (Cash Flow)

$14,219

Cap Rate

12.5%

Annual Revenue

$50,623

AirDNA projects $231/night at 60% occupancy ($50,622).

BNB Calc projects a 60% occupancy rate, $231 rate per night.

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

Return Metrics

22.36% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$14,219	$28,438	$42,657	$56,876	$71,095	$142,190	$426,571
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$198,560	$198,560	$198,560	$198,560	$198,560	$198,560	$198,560
Down Payment	$49,640	$49,640	$49,640	$49,640	$49,640	$49,640	$49,640
Property Appreciation	$7,446	$15,115	$23,014	$31,151	$39,531	$85,360	$354,246
Total Return	$269,865	$291,753	$313,872	$336,227	$358,827	$475,750	$1,029,018

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

22.36%

Cap Rate

12.47%

Return on Investment

37.9%

2631 Red Rock St Spring Valley, Nevada, 89146-5602

2 bed • 2 bath • 6 guests

Purchase Price

Est. $1,190/mo

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$248,200

Zestimate

$50,623

Annual Revenue

AirDNA projects $231/night at 60% occupancy ($50,622.81).

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$14,219

Profit

Revenue

$50,623

Operating Expenses

$19,661

Operating Income

$30,962

Mortgage & Taxes

$16,743

Profit (Cash Flow)

$14,219

$63,586

Cash Investment

Down Payment

$49,640

Renos & Furnishing

$6,500

Closing Costs

$7,446

Total

$63,586

DSCR Ratio

Strong

1.85

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

22.36%

Cap Rate

12.47%

Return on Investment

37.9%

STR Tax Calculator (USA)

On purchasing an Airbnb property, you can subtract the bonus depreciation value and interest payments 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

$11,780

Deductible property tax

$2,457

Your total deduction

$27,050

Your adjusted annual income

$150,000 - $27,050 = $122,950

Taxes on $122,950 (30%)

$36,885

Your old tax bill

$45,000

Your new tax bill

$36,885

Estimated tax savings

$8,115

Property Overview

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

Lot size:

1,760 sqft

Year built:

1985

Size:

1,266 sqft

Type:

CONDO

Parking:

Heating:

FORCED AIR

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Condominium

Stories: 1

Lot size: 1,760 sqft

Building area: 1,266 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 163-12-110-047

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $46,250

County Est. Land Value: $62,000

Assessed Land Value: $21,700

County Est. Structure Value: $70,143

Market Estimate: -

Schools

Elementary School: Harvey N Dondero Elementary School with 6/10 star rating
Middle School: Frank F Garside Junior High School with 3/10 star rating
High School: Durango High School with 4/10 star rating