BNBCalc Short Term Rental Investment Analysis 51 E Hocking St

2 bed • 1 bath • 6 guests • $211,100

BNB

Calc

Annual Revenue

$23,650

Profit (Cash Flow)

-$7,345

Cap Rate

3.3%

Annual Revenue

$23,650

AirDNA projects $212/night at 37% occupancy ($28,649). Airbtics projects $101/night at 70% occupancy ($25,822). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 35% occupancy rate, $185 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$18,323	$26,536	$34,437	$42,278
Occupancy	52%	78%	91%	95%
Nightly Rate	$89	$94	$114	$121

Seasonality (Profit by Month)

Return Metrics

-13.4% 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)	-$7,345	-$14,690	-$22,035	-$29,380	-$36,725	-$73,450	-$220,351
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$168,880	$168,880	$168,880	$168,880	$168,880	$168,880	$168,880
Down Payment	$42,220	$42,220	$42,220	$42,220	$42,220	$42,220	$42,220
Property Appreciation	$6,333	$12,855	$19,574	$26,494	$33,622	$72,600	$301,295
Total Return	$210,087	$209,265	$208,639	$208,214	$207,997	$210,250	$292,044

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.4%

Cap Rate

3.26%

Return on Investment

1.93%

51 E Hocking St Canal Winchester, Ohio, 43110-1116

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,013/mo

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Contact Agent

$211,100

Zestimate

$23,650

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $212/night at 37% occupancy.Projected nightly rate is $101/night at 70% occupancy.

Occupancy Rate

Top 81% of comparables

Avg Daily Rate

Top 1% of comparables

Seasonality

-$7,345

Profit

Revenue

$23,650

Operating Expenses

$16,754

Operating Income

$6,895

Mortgage & Taxes

$14,240

Profit (Cash Flow)

-$7,345

$54,803

Cash Investment

Down Payment

$42,220

Renos & Furnishing

$6,250

Closing Costs

$6,333

Total

$54,803

DSCR Ratio

Weak

0.48

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-13.4%

Cap Rate

3.26%

Return on Investment

1.93%

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

$10,019

Deductible property tax

$2,090

Your total deduction

$31,096

Your adjusted annual income

$150,000 - $31,096 = $118,904

Taxes on $118,904 (30%)

$35,671

Your old tax bill

$45,000

Your new tax bill

$35,671

Estimated tax savings

$9,329

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:

6,098 sqft

Year built:

1959

Size:

1,104 sqft

Type:

SFR

Parking:

Heating:

GAS

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
44 Jennings Dr	2	1	1,169	-	7,405	1959	$260,000	-
74 E Fairfield St	2	1	907	-	10,019	1952	$0	-
30 Kramer St	3	2	1,155	-	8,712	1959	$265,000	-
299 N Trine St	3	3	2,848	-	59,285	1958	$630,000	50
26 W Columbus St	3	2	1,217	-	7,841	1860	$347,000	33
203 Fallen Timbers Ct	3	3	1,204	-	0	1998	$321,000	38
150 Kramer St	4	4	2,432	-	18,774	1959	$417,000	84
18 E Mound St	3	1	2,078	-	3,049	1923	$0	258
30 W Mound St	3	1	1,544	-	8,276	1880	$273,500	60
6864 Hill Rd	2	1	936	-	10,955	1915	$0	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 6,098 sqft

Building area: 1,104 sqft

Garage: No

Heating: Gas

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 184-000409

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $44,380

County Est. Land Value: $30,600

Assessed Land Value: $10,710

County Est. Structure Value: $96,200

Market Estimate: $312,206

Sale history

Date	Sale Price	% Financed	Buyer
01/24/19	$125,000	98%	Lacey Rawson

Ownership

Name: Lacey Rawson

Owner Occupied: No

Owner Mailing Address: 51 E Hocking St, Canal Winchester, Oh 43110

Years Owned: 61

Home Equity: $117,165

Mortgage Balance Remaining: $122,735

Financed amount: 98%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No