BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Investment Analysis 501 Rep John Lewis Way S

1 bed • 1 bath • 4 guests • $1,000,400

BNB

Calc

Report by:

Management

sapphyreproperties@gmail.com

Annual Revenue

$62,727

Profit (Cash Flow)

-$36,000

Cap Rate

3.1%

Annual Revenue

$62,727

AirDNA projects $277/night at 62% occupancy ($62,727). Airbtics projects $175/night at 78% occupancy ($49,855). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 62% occupancy rate, $277 rate per night.

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

Percentiles25%50%75%90%
Revenue$31,795$46,355$72,889$111,708
Occupancy70%80%87%94%
Nightly Rate$117$150$219$309

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Heavenly Penthouse*City view*2Blocks2Broadway*POOL

No image available

$125,987
$428
79%
111$149✅❌❌Y / Y⭐️ 5 (225)
Luxury Downtown Condo+ Pool/Gym+ Walk to Broadway!

No image available

$27,089
$111
59%
111$130✅❌❌Y / Y⭐️ 5 (150)
Luxury Downtown Nashville Hotspot

No image available

$25,539
$94
69%
111$120✅❌❌Y / Y⭐️ 4.7 (93)
*Walk 2 Broadway*Top Floor*Pool*Balcony*Parking*

No image available

$52,160
$140
96%
111$165✅❌❌Y / Y⭐️ 5 (153)
0.4 Miles to Broadway, Pool & Gym Access

No image available

$82,205
$250
87%
111$130✅❌❌Y / Y⭐️ 4.9 (98)
Center of It All: Walk to Honky Tonks + Pool & Gym

No image available

$51,982
$152
89%
111$130✅❌❌Y / Y⭐️ 4.8 (104)
Top floor pool view condo steps from Broadway

No image available

$38,285
$123
81%
111$130✅❌❌Y / Y⭐️ 4.8 (101)
Downtown getaway w/ best location in Nashville.

No image available

$41,566
$123
88%
111$130✅❌❌Y / Y⭐️ 4.8 (98)
1 Bed Luxury Downtown Apt : 5min Walk to Broadway

No image available

$29,553
$75
94%
111$250❌❌❌Y / Y⭐️ 4.9 (116)
Comfy condo with Nashville skyline views.

No image available

$37,395
$120
81%
111$130✅❌❌Y / Y⭐️ 4.8 (100)
Broadway blocks away - 2Q downtown condo

No image available

$40,925
$134
80%
111$130✅❌❌Y / Y⭐️ 4.8 (101)
Music city home away from home with pool view.

No image available

$82,626
$237
93%
111$130✅❌❌Y / Y⭐️ 4.8 (96)
Broadway•Ryman•Bridgestone•Pool•Gym - downtown apt

No image available

$73,066
$238
80%
111$130✅❌❌Y / Y⭐️ 4.7 (96)
King Suite - Half Mile from Broadway

No image available

$40,632
$133
80%
111$130✅❌❌Y / Y⭐️ 4.9 (106)
Nashville Downtown Retreat: Walk to Honky Tonks

No image available

$43,585
$125
89%
111$130✅❌❌Y / Y⭐️ 4.8 (106)
Piano Bar Penthouse-Gr8 City Views!-Downtown NASH!

No image available

$88,105
$348
68%
112$149✅❌❌Y / Y⭐️ 5 (82)
*Best by Broadway*Top Floor*Pool*Balcony*Parking*

No image available

$61,763
$167
97%
111$165✅❌❌Y / Y⭐️ 5 (122)
Bourbon Bliss - Downtown Condo Steps From Broadway

No image available

$67,913
$244
70%
111$150✅❌❌Y / Y⭐️ 5 (120)
3 Blks to Honky Tonks, Chic and Homey, Amenities

No image available

$43,136
$149
76%
111$130✅❌❌Y / Y⭐️ 4.9 (64)
Large Condo Walkable to Broadway-Parking Available

No image available

$60,402
$191
83%
111$170✅❌❌Y / Y⭐️ 4.9 (106)
Pearsonal Stays Music City

No image available

$57,897
$309
50%
111$150✅❌❌Y / Y⭐️ 5 (74)
5 min Wlk 2 BWAY & Honky Tonks+ Pool/ Gym/ Balcony

No image available

$64,739
$186
87%
111$149✅❌❌Y / Y⭐️ 5 (82)
Downtown Nashville Condo! 6 min walk to Broadway!

No image available

$30,282
$100
77%
111$150✅❌❌Y / Y⭐️ 4.8 (187)
Boutique Apt in Heart of Downtown-FREE Park-Pool

No image available

$65,290
$215
79%
111$125✅❌❌Y / Y⭐️ 5 (365)
*Close 2 Broadway*Top Floor*Pool*Balcony*Parking*

No image available

$43,839
$119
90%
111$160✅❌❌Y / Y⭐️ 5 (264)
Walk to Downtown-Pool-FREE Park-Wild About Nash II

No image available

$64,719
$231
73%
111$125✅❌❌Y / Y⭐️ 5 (205)
Luxury Condo, blocks from Broadway and Gulch!

No image available

$61,209
$313
52%
111$149✅❌❌Y / Y⭐️ 4.8 (178)
Greenville, 1Bdr Apt downtown

No image available

$48,535
$181
71%
111$150✅❌❌Y / Y⭐️ 4.9 (73)
Apt w/heated pool & gym! Short walk to Broadway!

No image available

$89,786
$377
63%
111$150✅❌❌Y / Y⭐️ 5 (190)
Broadway Honky Tonk| Pool | Courtviews | Firepit

No image available

$26,849
$98
69%
111$105✅❌❌Y / Y⭐️ 5 (86)
Elegant Nashville Apartment -Walk to Broadway!

No image available

$30,990
$110
70%
112$140✅❌❌Y / Y⭐️ 5 (122)
Downtown/Walk to Broadway/King Bd/Gym/Free Parking

No image available

$49,770
$160
75%
111$150✅❌❌Y / Y⭐️ 4.9 (120)
Balcony with City View! Pool Wifi Parking Gym

No image available

$40,210
$125
80%
111$150✅❌❌Y / Y⭐️ 5 (158)
The Bluebird Suite - Walk to Broadway.

No image available

$52,675
$170
82%
112$150✅❌❌Y / Y⭐️ 4.7 (48)
GRAND SUITE in the heart of Downtown Wifi/pool/gym

No image available

$43,633
$176
64%
111$100✅❌❌Y / Y⭐️ 4.9 (92)
Private Downtown Penthouse with Rooftop Pool!

No image available

$80,430
$205
100%
111$150✅❌❌Y / Y⭐️ 5 (170)
WALK TO BROADWAY-DOWNTOWN-KING BED-GYM-PARKING

No image available

$30,902
$83
80%
111$150✅❌❌Y / Y⭐️ 5 (183)
Plush suite walk to Broadway/Heated Pool & parking

No image available

$29,041
$78
95%
111$120✅❌❌Y / Y⭐️ 4.8 (216)
Chic Nashville Condo/walk to Broadway & Gulch/Pool

No image available

$21,852
$77
69%
111$120✅❌❌Y / Y⭐️ 4.7 (80)
Vintage downtown condo steps from Broadway

No image available

$36,929
$107
86%
111$130✅❌❌Y / Y⭐️ 4.9 (86)

Return Metrics

-15.36% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$36,000-$72,000-$108,001-$144,001-$180,001-$360,003-$1,080,011
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$800,320$800,320$800,320$800,320$800,320$800,320$800,320
Down Payment$200,080$200,080$200,080$200,080$200,080$200,080$200,080
Property Appreciation$30,012$60,924$92,764$125,559$159,337$344,053$1,427,833
Total Return$994,411$989,323$985,162$981,957$979,735$984,450$1,348,221

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-15.36%

Cap Rate

3.14%

Return on Investment

1.63%

property-location

501 Rep. John Lewis Way S Nashville, Tennessee, 37203

1 bed • 1 bath • 4 guests

Est. $4,798/mo

Agent

Inquire about this property

Contact Management

$1,000,400

Zestimate

Nashville

Guide

Zoning

Market

Guide


Laws


Market Data

$62,727

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $277/night at 62% occupancy.Projected nightly rate is $175/night at 78% occupancy.

Top 91% of comparables

Top 13% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$52,087

Avg annual revenue

78%

Avg occupancy rate

$175

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

$20k

$55k

$90k

$125k

Sign up to see the data on 40 all comparables

-$36,000

Profit

Revenue

$62,727

Operating Expenses

$31,244

Operating Income

$31,483

Mortgage & Taxes

$67,484

Profit (Cash Flow)

-$36,000

$234,342

Cash Investment

Down Payment

$200,080

Renos & Furnishing

$4,250

Closing Costs

$30,012

Total

$234,342

DSCR Ratio

Weak

0.47

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-15.36%

Cap Rate

3.14%

Profit (Cummulative)

-$36,000

$800,320

$4,250

$30,012

$0

Total Gain

$3,840

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

$47,480

Deductible property tax

$9,904

Your total deduction

$163,777

Your adjusted annual income

$150,000 - $163,777 = -$13,777


Taxes on -$13,777 (30%)

-$4,133

Your old tax bill

$45,000

Your new tax bill

-$4,133


Estimated tax savings

$49,133

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:

82,328 sqft

Year built:

2017

Size:

277,000 sqft

Type:

MFR

Parking:

-

Heating:

-

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
1212 Demonbreun St11800-02024$457,200-
1079 2nd Ave S421,856-6,9701976$0-
205 Demonbreun St--326,763-31,7992016$0-
1316 South St643,872-19,6022006$0-
1045 2nd Ave S422,032-7,4051920$635,000-
800 4th Ave S--220,928-58,3702022$78,500,000-
930 Commerce St--501,955-02024$0-
960 Commerce St--503,896-02024$0-
301 Rosa L Parks Ave--73,925-73,6161958$0-

Property Details

  • MLS Status: N/A
  • Property Use: High-Rise Apartments
  • Stories: 5
  • Lot size: 82,328 sqft
  • Building area: 277,000 sqft
  • Garage: No
  • Heating:
  • Pool: Yes
  • Fireplaces: -
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: Commercial
  • Parcel Number: 093-10-0-235-00
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $37,009,240
  • County Est. Land Value: $11,550,000
  • Assessed Land Value: $4,620,000
  • County Est. Structure Value: $80,973,100
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
08/03/18$90,000,0000%Bop Nest Nashville Llc
09/10/15$00%Olmsted Sobro Venture Partners Llc
11/10/15$00%Olmsted Sobro Venture Partners Llc
11/10/15$2,232,610100%Olmsted Sobro Venture Partners Llc
11/09/15$00%Olmsted Sobro Venture Partners Llc
11/06/15$2,953,522100%Olmsted Sobro Venture Partners Llc

Ownership

  • Name: Bop Nest Nashville Llc
  • Owner Occupied: No
  • Owner Mailing Address: 127 Public Sq # 3150, Cleveland, OH 44114
  • Years Owned: 76
  • Home Equity: -
  • Mortgage Balance Remaining: $372,760,000
  • Financed amount: 100%
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: No