BNBCalc Short Term Rental Investment Analysis 555 N Starcrest Dr Apt B6 Slc UT 84116

1 bed • 1 bath • 3 guests • $209,800

BNB

Calc

Annual Revenue

$18,233

Profit (Cash Flow)

-$11,370

Cap Rate

1.3%

Annual Revenue

$18,233

AirDNA projects $94/night at 59% occupancy ($20,256). Airbtics projects $78/night at 64% occupancy ($18,232). Airbtics predicts this property will perform in the 26% revenue percentile

BNB Calc projects a 64% occupancy rate, $78 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$18,937	$19,504	$21,254	$24,902
Occupancy	62%	66%	68%	69%
Nightly Rate	$68	$84	$87	$91

Seasonality (Profit by Month)

Return Metrics

-21.65% 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)	-$11,369	-$22,739	-$34,109	-$45,479	-$56,848	-$113,697	-$341,092
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$167,840	$167,840	$167,840	$167,840	$167,840	$167,840	$167,840
Down Payment	$41,960	$41,960	$41,960	$41,960	$41,960	$41,960	$41,960
Property Appreciation	$6,294	$12,776	$19,454	$26,331	$33,415	$72,153	$299,439
Total Return	$204,724	$199,837	$195,144	$190,652	$186,366	$168,256	$168,147

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-21.65%

Cap Rate

1.32%

Return on Investment

-5.74%

555 N Starcrest Dr Apt B6 Slc UT 84116 Salt Lake City, UT, 84116

1 bed • 1 bath • 3 guests

Purchase Price

Est. $1,006/mo

This property is for sale!

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Salt Lake City

Guide

Zoning

Market

Guide

Laws

Market Data

$18,233

Annual Revenue

This property is projected to be in the top 26% revenue percentile compared to similar properties nearby.
Projected nightly rate is $94/night at 59% occupancy.Projected nightly rate is $78/night at 64% occupancy.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 51% of comparables

Seasonality

-$11,370

Profit

Revenue

$18,233

Operating Expenses

$15,450

Operating Income

$2,783

Mortgage & Taxes

$14,152

Profit (Cash Flow)

-$11,370

$52,504

Cash Investment

Down Payment

$41,960

Renos & Furnishing

$4,250

Closing Costs

$6,294

Total

$52,504

DSCR Ratio

Weak

0.20

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-21.65%

Cap Rate

1.32%

Return on Investment

-5.74%

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

$9,957

Deductible property tax

$2,077

Your total deduction

$32,741

Your adjusted annual income

$150,000 - $32,741 = $117,259

Taxes on $117,259 (30%)

$35,178

Your old tax bill

$45,000

Your new tax bill

$35,178

Estimated tax savings

$9,822

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:

436 sqft

Year built:

1973

Size:

606 sqft

Type:

CONDO

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1860 W 500 N Apt 3	2	1	814	-	436	1973	$0	-
555 N Starcrest Dr Apt B11	1	1	606	-	436	1973	$0	82
1861 W 600 N Apt 11	1	1	581	-	436	1973	$0	-
555 N Starcrest Dr Apt B31	1	1	606	-	436	1973	$0	69
555 N Starcrest Dr Apt B3	1	1	606	-	436	1973	$0	-
555 N Starcrest Dr Apt B21	1	1	606	-	436	1973	$0	-
555 N Starcrest Dr Apt B33	1	1	595	-	436	1973	$0	70
1860 W 500 N Apt 41	1	1	610	-	436	1973	$0	28
1860 W 500 N Apt 8	1	1	627	-	436	1973	$0	110
555 N Starcrest Dr Apt B42	1	1	638	-	436	1973	$0	14

Property Details

MLS Status: Active

Property Use: Condominium

Stories: 1

Lot size: 436 sqft

Building area: 606 sqft

Garage: No

Heating: Central

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: 1205

Land Use: Residential

Parcel Number: 08-34-108-096

Flood Zone: Yes, Zone AREA WITH REDUCED FLOOD RISK DUE TO LEVEE

Tax Info

Year Assessed: 2023

Assessed Value: $91,685

County Est. Land Value: $50,000

Assessed Land Value: $27,500

County Est. Structure Value: $116,700

Market Estimate: $196,568

Sale history

Date	Sale Price	% Financed	Buyer
07/28/19	$0	0%	Juana T Martinez
08/04/06	$0	0%	Sheryl Manning
03/07/05	$0	0%	Antonio Gomez
Invalid Date	$0	0%	Bradley C Woodbury

Ownership

Name: Juana T Martinez

Owner Occupied: Yes

Owner Mailing Address: Po Box 16374, Salt Lake City, Ut 84116

Years Owned: 54

Home Equity: $99,626

Mortgage Balance Remaining: $131,474

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No