BNBCalc Short Term Rental Investment Analysis 429 SE 1st St Gainesville FL 32601

3 bed • 1 bath • 6 guests • $295,000

BNB

Calc

Annual Revenue

$50,491

Profit (Cash Flow)

$10,348

Cap Rate

10.3%

Annual Revenue

$50,491

AirDNA projects $288/night at 48% occupancy ($50,491). Airbtics projects $187/night at 48% occupancy ($32,784). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 48% occupancy rate, $288 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$21,632	$29,574	$46,483	$78,811
Occupancy	36%	43%	57%	79%
Nightly Rate	$150	$174	$210	$261

Seasonality (Profit by Month)

Return Metrics

13.59% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$10,347	$20,695	$31,043	$41,390	$51,738	$103,476	$310,430
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$236,000	$236,000	$236,000	$236,000	$236,000	$236,000	$236,000
Down Payment	$59,000	$59,000	$59,000	$59,000	$59,000	$59,000	$59,000
Property Appreciation	$8,850	$17,965	$27,354	$37,025	$46,985	$101,455	$421,042
Total Return	$314,197	$333,660	$353,397	$373,415	$393,724	$499,932	$1,026,473

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

13.59%

Cap Rate

10.25%

Return on Investment

29.03%

429 SE 1st St Gainesville FL 32601 Gainesville, FL, 32601

3 bed • 1 bath • 6 guests

Purchase Price

Est. $1,415/mo

This property is for sale!

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Gainesville

Zoning

Laws

$50,491

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
AirDNA projects $288/night at 48% occupancy ($50,491.33). Airbtics projects $187/night at 48% occupancy ($32,784).

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 1% of comparables

Seasonality

$10,348

Profit

Revenue

$50,491

Operating Expenses

$20,244

Operating Income

$30,247

Mortgage & Taxes

$19,900

Profit (Cash Flow)

$10,348

$76,100

Cash Investment

Down Payment

$59,000

Renos & Furnishing

$8,250

Closing Costs

$8,850

Total

$76,100

DSCR Ratio

Strong

1.52

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

13.59%

Cap Rate

10.25%

Return on Investment

29.03%

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

$14,001

Deductible property tax

$2,920

Your total deduction

$49,178

Your adjusted annual income

$150,000 - $49,178 = $100,822

Taxes on $100,822 (30%)

$30,247

Your old tax bill

$45,000

Your new tax bill

$30,247

Estimated tax savings

$14,753

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:

3,920 sqft

Year built:

1900

Size:

1,287 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
301 Nw 2nd St	4	2	1,784	-	3,049	1920	$460,000	102
224 Sw 3rd Ave	4	3	2,917	-	6,098	1940	$300,000	-
307 Nw 2nd St	3	1	1,036	-	3,485	1930	$0	-
318 Sw 3rd Ave	2	1	846	-	4,792	1930	$200,000	-
1035 Ne 5th Pl	3	1	1,289	-	10,454	1956	$0	-
1124 Nw 3rd Ave	2	1	1,282	-	4,792	1940	$399,000	18
618 Ne 10th Ave	2	1	837	-	4,792	1948	$200,400	-
703 Ne 6th Pl	3	2	1,428	-	8,276	1967	$250,000	34
625 Ne 6th St	3	3	3,682	-	10,019	1926	$745,000	136
807 Se 6th Ave	2	1	944	-	5,663	1929	$165,000	196

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 1

Lot size: 3,920 sqft

Building area: 1,287 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: DT

Land Use: Residential

Parcel Number: 12873-000-000

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $120,149

County Est. Land Value: $43,124

Assessed Land Value: $43,124

County Est. Structure Value: $77,025

Market Estimate: $307,716