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BNBCalc Short Term Rental Investment Analysis 5500 Locust Ln

3 bed • 2.5 bath • 6 guests • $315,500

BNB

Calc

Annual Revenue

$44,797

Profit (Cash Flow)

$4,011

Cap Rate

8.0%

Annual Revenue

$44,797

AirDNA projects $267/night at 52% occupancy ($50,710). Airbtics projects $223/night at 55% occupancy ($44,797). Airbtics predicts this property will perform in the 57% revenue percentile

BNB Calc projects a 55% occupancy rate, $223 rate per night.

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

Percentiles25%50%75%90%
Revenue$28,089$40,662$51,618$64,250
Occupancy36%50%68%92%
Nightly Rate$147$203$302$318

Seasonality (Profit by Month)

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Return Metrics

4.94% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$4,010$8,021$12,032$16,043$20,054$40,109$120,327
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$252,400$252,400$252,400$252,400$252,400$252,400$252,400
Down Payment$63,100$63,100$63,100$63,100$63,100$63,100$63,100
Property Appreciation$9,465$19,213$29,255$39,598$50,250$108,505$450,301
Total Return$328,975$342,735$356,788$371,141$385,805$464,114$886,128

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

4.94%

Cap Rate

8.01%

Return on Investment

20.41%

property-location

5500 Locust Ln Harrisburg, Pennsylvania, 17109-5622

3 bed • 2.5 bath • 6 guests

Est. $1,513/mo

Agent

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$315,500

Zestimate

$44,797

Annual Revenue

This property is projected to be in the top 57% revenue percentile compared to similar properties nearby.
Projected nightly rate is $267/night at 52% occupancy.Projected nightly rate is $223/night at 55% occupancy.

Top 41% of comparables

Top 41% of comparables


Seasonality

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$4,011

Profit

Revenue

$44,797

Operating Expenses

$19,504

Operating Income

$25,294

Mortgage & Taxes

$21,283

Profit (Cash Flow)

$4,011

$81,190

Cash Investment

Down Payment

$63,100

Renos & Furnishing

$8,625

Closing Costs

$9,465

Total

$81,190

DSCR Ratio

Acceptable

1.19

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

4.94%

Cap Rate

8.01%

Profit (Cummulative)

$4,011

$252,400

$8,625

$9,465

$0

Total Gain

$16,575

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

$14,974

Deductible property tax

$3,123

Your total deduction

$31,880

Your adjusted annual income

$150,000 - $31,880 = $118,120


Taxes on $118,120 (30%)

$35,436

Your old tax bill

$45,000

Your new tax bill

$35,436


Estimated tax savings

$9,564

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:

52,272 sqft

Year built:

1952

Size:

4,024 sqft

Type:

SFR

Parking:

6

Heating:

HOT WATER

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
5202 Locust Ln312,574-7,4051958$215,60026
4799 Crown Ave222,952-4,7921915$235,001-
5588 Mercury Ct322,282-16,1171973$0-
404 Nottingham Pl332,266-15,2461979$304,00033
5601 Union Deposit Rd311,518-23,9581947$215,00013
5206 Locust Ln411,411-10,8901950$285,000-
5600 Morning Mist Dr333,716-5,6632006$359,00045
4710 Royal Ave321,120-2,1781987$200,00013
1411 Ford Ave212,358-10,8901959$201,000-
5525 Edsel St322,302-10,8901977$260,000-

Property Details

  • MLS Status: N/A
  • Property Use: Single Family Residence
  • Stories: 1
  • Lot size: 52,272 sqft
  • Building area: 4,024 sqft
  • Garage: Yes
  • Heating: Hot water
  • Pool: No
  • Fireplaces: 1
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: Residential
  • Parcel Number: 35-061-026
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $130,500
  • County Est. Land Value: $29,400
  • Assessed Land Value: $29,400
  • County Est. Structure Value: $101,100
  • Market Estimate: $236,784


Sale history

DateSale Price% FinancedBuyer
12/06/10$169,27897%Sharon E Clouser

Ownership

  • Name: Sharon E Clouser
  • Owner Occupied: Yes
  • Owner Mailing Address: 5500 Locust Ln, Harrisburg, Pa 17109
  • Years Owned: 157
  • Home Equity: $111,114
  • Mortgage Balance Remaining: $164,986
  • Financed amount: 97%
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No

Schools

  • Middle School: Central Dauphin Middle School with 5/10 star rating
  • High School: Central Dauphin Senior High School with 5/10 star rating

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