BNBCalc Short Term Rental Investment Analysis 4635 Merwin St

3 bed • 2 bath • 9 guests • $1,000,000

BNB

Calc

Report by:

Onboarding Flow User

user-for-onboarding-flow@bnbcalc.com

Annual Revenue

$64,539

Profit (Cash Flow)

-$24,988

Cap Rate

4.2%

Annual Revenue

$64,539

AirDNA projects $285/night at 62% occupancy ($64,538). Airbtics projects $379/night at 58% occupancy ($80,287). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 62% occupancy rate, $285 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$46,255	$88,396	$121,001	$142,263
Occupancy	47%	62%	69%	75%
Nightly Rate	$261	$380	$466	$503

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
2600 sq ft. Uptown townhouse close to everything!	$61,601	$250	64%	3	4	2	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (145)
Modern Executive Suite \| Rooftop Views \| Galleria	$76,736	$293	68%	3	4	4	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (81)
River Oaks District• Galleria Mall• Midtown•Modern	$87,959	$493	46%	3	3	2	$170	❌	✅	❌	Y / Y	⭐️ 5 (71)
The Oakshire Castle - Fantastic Location	$37,043	$349	29%	3	4	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (16)
NEW Upscale Retreat in the Heart of Houston	$58,083	$251	61%	3	2	2	$149	❌	❌	✅	Y / Y	⭐️ 4.8 (26)
3 Big Suites W/ Kitchens, Parking, Pets Allowed!	$114,741	$418	75%	3	3	1	$0	❌	❌	✅	Y / N	⭐️ 1 (1)
Jade At Millennium I 3 Bed Apt in Houston	$64,011	$243	70%	3	2	10	$235	✅	❌	✅	Y / Y	⭐️ 4.9 (11)
Executive Luxury Suite with Skyline views	$79,384	$482	45%	3	4	2	$0	✅	❌	❌	Y / Y	⭐️ 5 (3)
Home in Heart of Afton Oaks	$175,436	$599	80%	3	3	3	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
Luxury 3-Story Houston Home	$81,299	$412	50%	3	4	2	$250	❌	❌	❌	Y / Y	⭐️ 5 (3)

Return Metrics

-10.47% 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)	-$24,988	-$49,976	-$74,964	-$99,953	-$124,941	-$249,882	-$749,647
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$9,824	$20,254	$31,327	$43,083	$55,565	$130,514	$800,000
Down Payment	$200,000	$200,000	$200,000	$200,000	$200,000	$200,000	$200,000
Property Appreciation	$30,000	$60,900	$92,727	$125,508	$159,274	$343,916	$1,427,262
Total Return	$214,835	$231,177	$249,089	$268,639	$289,897	$424,548	$1,677,614

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-10.47%

Cap Rate

4.24%

Return on Investment

6.22%

4635 Merwin St Houston, Texas, 77027-6717

3 bed • 2 bath • 9 guests

Purchase Price

Est. $4,796/mo

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Contact Agent

$456,700

Zestimate

Houston

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Zoning

Market

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Laws

Market Data

$64,539

Annual Revenue

BNBCalc predicts this property will get $379 per night with 58% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 61% of comparables

Seasonality

10 Airbnb Comparables

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

$83,629

Avg annual revenue

58%

Avg occupancy rate

$379

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

$35k

$80k

$125k

$175k

-$24,988

Profit

Revenue

$64,539

Operating Expenses

$22,070

Operating Income

$42,469

Mortgage & Taxes

$67,457

Profit (Cash Flow)

-$24,988

$238,500

Cash Investment

Down Payment

$200,000

Renos & Furnishing

$8,500

Closing Costs

$30,000

Total

$238,500

DSCR Ratio

Weak

0.63

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-10.47%

Cap Rate

4.24%

Return on Investment

6.22%

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

$47,461

Deductible property tax

$9,900

Your total deduction

$58,172

Your adjusted annual income

$150,000 - $58,172 = $91,828

Taxes on $91,828 (30%)

$27,549

Your old tax bill

$45,000

Your new tax bill

$27,549

Estimated tax savings

$17,451

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:

7,736 sqft

Year built:

1958

Size:

2,358 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Property Details

MLS Status: property-details-mls-status-sold

Property Use: Single Family Residence

Stories: 1

Lot size: 7,736 sqft

Building area: 2,358 sqft

Garage: Yes

Heating: Central

Pool: Yes

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 0772450150001

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $420,980

County Est. Land Value: $307,698

Assessed Land Value: $307,698

County Est. Structure Value: $113,282

Market Estimate: $1,339,881

Sale history

Date	Sale Price	% Financed	Buyer
08/15/23	$0	0%	Elijah Levy
10/12/22	$0	0%	Jasmine Joann Rau, Stanley Michael Dixon

Ownership

Name: Elijah Levy

Owner Occupied: No

Owner Mailing Address: 1264 Aleen St, Houston, Tx 77029

Years Owned: 8

Home Equity: $56,651

Mortgage Balance Remaining: $598,749

Financed amount: -

Owner Type: Individual

Lien: Yes

Inherited: No

Foreclosure: No

Schools

Elementary School: School at St. George Place with 7/10 star rating
Middle School: Grady Middle School with 7/10 star rating
High School: Lee High School with 2/10 star rating