BNBCalc Short Term Rental Investment Analysis 3740 Grove Ave

4 bed • 3 bath • 12 guests • $4,500,000

BNB

Calc

Annual Revenue

$105,318

Profit (Cash Flow)

-$225,609

Cap Rate

1.7%

Annual Revenue

$105,318

AirDNA projects $395/night at 73% occupancy ($105,318). Airbtics projects $455/night at 68% occupancy ($113,006). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 73% occupancy rate, $395 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$89,391	$111,881	$133,938	$216,792
Occupancy	62%	71%	75%	86%
Nightly Rate	$386	$419	$474	$674

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Quaint & Charming 4BR Tranquil Palo Alto Retreat	$111,944	$406	71%	4	2	2	$350	❌	❌	❌	Y / Y	⭐️ 5 (30)
CRA: Lovely Charm in Palo Alto Close to Hi Tech Co	$81,965	$401	53%	4	2	3	$225	❌	❌	❌	Y / Y	⭐️ 4.8 (20)
Charming, spacious, cozy 4BR near Stanford	$107,120	$434	65%	4	2	7	$300	❌	❌	❌	Y / Y	⭐️ 4.9 (33)
LA: Spacious + Comfortable in Palo Alto	$101,213	$419	63%	4	3	3	$225	❌	❌	❌	Y / Y	⭐️ 4.8 (105)
Lovely 4BR house with patio, hot tub (Stanford)	$125,975	$419	79%	4	3	2	$195	❌	✅	❌	Y / Y	⭐️ 4.9 (167)
Corporate housing in great area	$212,337	$794	72%	4	3	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (73)
Spacious 4Bd2Bath Home In Palo Alto	$67,700	$281	61%	4	2	2	$200	❌	❌	❌	Y / Y	⭐️ 4.7 (3)
BEN-A Modern Comfort Walking Distance to G00gleX	$107,374	$372	76%	4	2	31	$225	❌	❌	❌	Y / Y	⭐️ 4.8 (25)
FOA12: 4/3.5 Brand New w/Private Detached Studio	$166,073	$476	92%	4	4	3	$295	❌	❌	❌	Y / Y	⭐️ 4.8 (5)
Remodeled 4B single home near Stanford	$149,284	$618	66%	4	2	5	$0	❌	❌	❌	Y / Y	⭐️ 5 (17)
Designer Home 4 Beds 3 Baths in Mid Town Palo Alto	$112,491	$414	72%	4	3	2	$220	❌	❌	❌	Y / Y	⭐️ 4.2 (8)
Sleek & Modern 4Bed 3 Bath near Stanford & Big Tec	$88,220	$314	75%	4	3	2	$165	❌	❌	✅	Y / Y	⭐️ 4.8 (25)
2 mile to Stanford, Executive Eichler Home 3-4b/2b	$164,115	$472	95%	4	2	3	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (14)
Spacious 4B2B House+Garden/ATT FIBER/Stanford	$59,412	$300	52%	4	2	2	$250	❌	❌	✅	Y / Y	⭐️ 4.9 (9)
距斯坦福1.8mile4B/3B超大停车场豪华优雅house适合大型团体及家庭出行度假	$81,973	$712	31%	4	3	1	$325	❌	✅	❌	Y / Y	⭐️ 5 (3)

Return Metrics

-21.57% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$225,609	-$451,218	-$676,827	-$902,436	-$1,128,045	-$2,256,090	-$6,768,272
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,600,000	$3,600,000	$3,600,000	$3,600,000	$3,600,000	$3,600,000	$3,600,000
Down Payment	$900,000	$900,000	$900,000	$900,000	$900,000	$900,000	$900,000
Property Appreciation	$135,000	$274,050	$417,271	$564,789	$716,733	$1,547,623	$6,422,681
Total Return	$4,409,390	$4,322,831	$4,240,444	$4,162,353	$4,088,687	$3,791,532	$4,154,408

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-21.57%

Cap Rate

1.73%

Return on Investment

-4.43%

3740 Grove Ave Palo Alto, California, 94303-4536

4 bed • 3 bath • 12 guests

Purchase Price

Est. $21,584/mo

Inquire about this property

Contact Agent

$1,623,500

Zestimate

$105,318

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $395/night at 73% occupancy.Projected nightly rate is $455/night at 68% occupancy.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 68% of comparables

Seasonality

15 Airbnb Comparables

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

$115,813

Avg annual revenue

68%

Avg occupancy rate

$455

Avg nightly rate

🏊‍♂️ Pool

🛁 Hot tub

🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$60k

$110k

$160k

$215k

-$225,609

Profit

Revenue

$105,318

Operating Expenses

$27,371

Operating Income

$77,947

Mortgage & Taxes

$303,556

Profit (Cash Flow)

-$225,609

$1,045,750

Cash Investment

Down Payment

$900,000

Renos & Furnishing

$10,750

Closing Costs

$135,000

Total

$1,045,750

DSCR Ratio

Weak

0.26

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-21.57%

Cap Rate

1.73%

Return on Investment

-4.43%

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

$213,575

Deductible property tax

$44,550

Your total deduction

$272,891

Your adjusted annual income

$150,000 - $272,891 = -$122,891

Taxes on -$122,891 (30%)

-$36,867

Your old tax bill

$45,000

Your new tax bill

-$36,867

Estimated tax savings

$81,867

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:

8,820 sqft

Year built:

1957

Size:

2,104 sqft

Type:

SFR

Parking:

Heating:

YES

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
852 Driftwood Dr	4	3	1,641	-	8,625	1956	$3,600,000	21
3857 Ross Rd	3	2	1,653	-	6,500	1955	$3,100,000	60
796 Gailen Ave	4	2	1,717	-	7,630	1957	$3,762,500	28
464 Ferne Ave	4	2	1,765	-	8,000	1956	$0	-
774 Mayview Ave	4	4	2,509	-	8,448	1958	$4,000,000	25
796 Mayview Ave	4	4	2,761	-	9,032	1998	$5,400,000	8
770 Mayview Ave	4	4	3,553	-	13,056	2015	$6,000,000	20
865 E Meadow Dr	4	4	2,627	-	9,520	2014	$4,600,000	77
750 Stone Ln	5	3	1,366	-	7,584	1956	$4,300,000	-
3787 Louis Rd	5	5	2,743	-	6,540	2018	$4,904,000	34

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 8,820 sqft

Building area: 2,104 sqft

Garage: Yes

Heating: Yes

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R1B8

Land Use: Residential

Parcel Number: 127-44-039

Flood Zone: Yes, Zone 0.2

Tax Info

Year Assessed: 2023

Assessed Value: $3,942,040

County Est. Land Value: -

Assessed Land Value: $3,417,000

County Est. Structure Value: -

Market Estimate: $3,519,659

Sale history

Date	Sale Price	% Financed	Buyer
02/09/23	$0	0%	John Spencer Morrison, Chunxiang Xie
02/09/22	$0	0%	John Spencer Morrison, Chunxiang Xie
08/25/21	$0	0%	John Spencer Morris, Chunxiang Xie
07/23/21	$3,802,000	78%	John Spencer Morrison, Chungxiang Xie
Invalid Date	$0	0%	Whitman,Tr
Invalid Date	$0	0%	Janet A Whitman

Ownership

Name: John Spencer Morrison

Owner Occupied: Yes

Owner Mailing Address: 3740 Grove Ave, Palo Alto, Ca 94303

Years Owned: 36

Home Equity: $1,043,001

Mortgage Balance Remaining: $2,980,000

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: Yes

Foreclosure: No