BNBCalc Short Term Rental Investment Analysis 420 Doe Pl Millville NJ 08332

3 bed • 1 bath • 6 guests • $186,600

BNB

Calc

Annual Revenue

$105,848

Profit (Cash Flow)

$66,420

Cap Rate

42.3%

Annual Revenue

$105,848

AirDNA projects $414/night at 70% occupancy ($105,847).

BNB Calc projects a 70% occupancy rate, $414 rate per night.

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

Return Metrics

129.8% 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)	$66,420	$132,840	$199,260	$265,680	$332,100	$664,200	$1,992,601
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$149,280	$149,280	$149,280	$149,280	$149,280	$149,280	$149,280
Down Payment	$37,320	$37,320	$37,320	$37,320	$37,320	$37,320	$37,320
Property Appreciation	$5,598	$11,363	$17,302	$23,419	$29,720	$64,174	$266,327
Total Return	$258,618	$330,804	$403,163	$475,700	$548,420	$914,975	$2,445,528

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

129.8%

Cap Rate

42.34%

Return on Investment

144.33%

420 Doe Pl Millville, NJ, 08332

3 bed • 1 bath • 6 guests

Purchase Price

Est. $895/mo

This property is for sale!

Contact Agent

$105,848

Annual Revenue

Projected nightly rate is $414/night at 70% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$66,420

Profit

Revenue

$105,848

Operating Expenses

$26,840

Operating Income

$79,008

Mortgage & Taxes

$12,587

Profit (Cash Flow)

$66,420

$51,168

Cash Investment

Down Payment

$37,320

Renos & Furnishing

$8,250

Closing Costs

$5,598

Total

$51,168

DSCR Ratio

Strong

6.28

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

129.8%

Cap Rate

42.34%

Return on Investment

144.33%

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

$8,856

Deductible property tax

$1,847

Your total deduction

-$46,504

Your adjusted annual income

$150,000 - -$46,504 = $196,504

Taxes on $196,504 (30%)

$58,951

Your old tax bill

$45,000

Your new tax bill

$58,951

Estimated tax savings

-$13,951

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:

10,001 sqft

Year built:

1992

Size:

1,056 sqft

Type:

SFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
404 Cherry Rd	-	-	960	-	8,002	1985	$175,000	278
255 Palm Rd	-	-	1,008	-	8,999	1960	$227,550	62
237 Cherry Rd	-	-	1,222	-	8,002	1970	$107,075	-
132 Sandlewood Rd	-	-	647	-	8,002	1968	$0	-
428 Beech Rd	-	-	732	-	12,998	1969	$0	-
232 Jute Rd	3	2	952	-	12,001	1996	$60,000	100
453 Doe Pl	-	-	924	-	13,860	1984	$55,000	82
7612 Doris Dr	-	-	924	-	8,002	1989	$15,000	-
343 Fern Rd	-	-	1,248	-	5,998	2009	$244,900	124
324 Fern Rd	-	-	628	-	3,999	1957	$40,000	53

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 1

Lot size: 10,001 sqft

Building area: 1,056 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: VR2

Land Use: Residential

Parcel Number: 02 00090-0000-10203

Flood Zone: No

Tax Info

Year Assessed: 2021

Assessed Value: $117,100

County Est. Land Value: $34,000

Assessed Land Value: $34,000

County Est. Structure Value: $83,100

Market Estimate: $114,950

Sale history

Date	Sale Price	% Financed	Buyer
08/13/21	$151,000	98%	Ashley M Catlett
10/30/17	$100,000	81%	Amber Hines
05/31/16	$21,000	0%	Kimberly A Nocon
05/04/15	$0	0%	Hud-Housing Of Urban Dev
10/28/14	$100	0%	Ocwen Ln Servicing Llc
09/05/07	$139,000	99%	Rodriguez,Christopher

Ownership

Name: Ashley M Catlett

Owner Occupied: Yes

Owner Mailing Address: 420 Doe Pl, Millville, Nj 08332

Years Owned: 25

Home Equity: -

Mortgage Balance Remaining: $148,265

Financed amount: 99.1993%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: Yes

Schools

Elementary School: Haleyville-Mauricetown Elementary School with 3/10 star rating
Middle School: Port Norris Elementary School with 3/10 star rating