BNBCalc Short Term Rental Investment Analysis 555 Tullamore Way

6 bed • 6 bath • 12 guests • $2,642,500

BNB

Calc

Report by:

nick cockett

nick.cockett@gmail.com

Annual Revenue

$78,250

Profit (Cash Flow)

-$123,857

Cap Rate

2.1%

Annual Revenue

$78,250

AirDNA projects $412/night at 52% occupancy ($78,249). Airbtics projects $662/night at 64% occupancy ($154,746). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 52% occupancy rate, $412 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$75,282	$126,884	$259,554	$386,287
Occupancy	53%	59%	77%	95%
Nightly Rate	$370	$563	$898	$1,080

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
ATL 2 family home☆Game room☆Fire-pit☆BBQ☆Gas South	$96,232	$417	56%	6	4	1	$299	❌	❌	❌	Y / Y	⭐️ 5 (111)
Spacious Norcross Home ~ 21 Mi to Downtown Atlanta	$65,646	$312	53%	7	3	2	$310	❌	❌	❌	Y / Y	⭐️ 4.3 (17)
Private Cabin Retreat \| Sauna & Pool - 6 Bedrooms	$161,260	$672	63%	6	4	1	$295	✅	❌	❌	Y / Y	⭐️ 5 (71)
Luxury Modern Mansion W Pool	$168,323	$1,320	32%	7	8	2	$600	✅	❌	❌	Y / Y	⭐️ 4.9 (10)
Crossing Collective New 3-in-1 in Dtwn Norcross	$390,562	$1,054	99%	6	4	2	$360	❌	❌	❌	Y / Y	⭐️ 5 (1)
Luxury~Spacious Home in Downtown Historic Norcoss	$88,877	$355	65%	6	4	3	$250	❌	❌	❌	Y / Y	⭐️ 4.8 (29)
Great spacious home with great entertainment!!	$182,620	$891	56%	8	6	2	$0	✅	❌	❌	Y / Y	⭐️ 5 (66)
ATH -Marietta -5BR -Pet Friendly - Fenced (bberry)	$87,601	$246	95%	6	2	3	$150	❌	❌	✅	Y / Y	⭐️ 4.5 (46)
Dunwoody Lodge - 2 Atlanta Luxury Homes 7 BR/5BA	$272,976	$901	81%	7	5	3	$390	❌	❌	❌	Y / Y	⭐️ 0 (0)
Dream mansion located 20 minutes away from DTWN	$87,918	$455	49%	7	6	3	$389	✅	✅	❌	Y / Y	⭐️ 4.6 (89)

Return Metrics

-19.87% 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)	-$123,857	-$247,714	-$371,572	-$495,429	-$619,286	-$1,238,573	-$3,715,720
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$25,960	$53,521	$82,782	$113,848	$146,830	$344,883	$2,114,000
Down Payment	$528,500	$528,500	$528,500	$528,500	$528,500	$528,500	$528,500
Property Appreciation	$79,275	$160,928	$245,031	$331,657	$420,881	$908,799	$3,771,541
Total Return	$509,877	$495,235	$484,741	$478,576	$476,925	$543,609	$2,698,320

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-19.87%

Cap Rate

2.05%

Return on Investment

-2.98%

555 Tullamore Way Alpharetta, Georgia, 30004-2646

6 bed • 6 bath • 12 guests

Purchase Price

Est. $12,674/mo

Inquire about this property

Contact Agent

$2,642,500

Zestimate

$78,250

Annual Revenue

BNBCalc predicts this property will get $662 per night with 64% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 71% 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.

$160,201

Avg annual revenue

64%

Avg occupancy rate

$662

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

$65k

$170k

$275k

$390k

-$123,857

Profit

Revenue

$78,250

Operating Expenses

$23,852

Operating Income

$54,397

Mortgage & Taxes

$178,255

Profit (Cash Flow)

-$123,857

$623,275

Cash Investment

Down Payment

$528,500

Renos & Furnishing

$15,500

Closing Costs

$79,275

Total

$623,275

DSCR Ratio

Weak

0.31

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-19.87%

Cap Rate

2.05%

Return on Investment

-2.98%

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

$125,416

Deductible property tax

$26,161

Your total deduction

$396,026

Your adjusted annual income

$150,000 - $396,026 = -$246,026

Taxes on -$246,026 (30%)

-$73,808

Your old tax bill

$45,000

Your new tax bill

-$73,808

Estimated tax savings

$118,808

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:

291,852 sqft

Year built:

1993

Size:

5,102 sqft

Type:

SFR

Parking:

Heating:

ELECTRIC

Sold Comparables

Property Details

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

Property Use: Single Family Residence

Stories: 2

Lot size: 291,852 sqft

Building area: 5,102 sqft

Garage: Yes

Heating: Electric

Pool: No

Fireplaces: 3

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: AG1

Land Use: Residential

Parcel Number: 22 391104880320

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $750,800

County Est. Land Value: $519,300

Assessed Land Value: $207,720

County Est. Structure Value: $1,357,700

Market Estimate: $1,807,099

Sale history

Date	Sale Price	% Financed	Buyer
01/16/24	$2,600,000	61%	Angela Cockett, Nicholas Cockett
09/14/21	$1,750,000	74%	Patrick Swanson, Robert J Moon

Ownership

Name: Angela Cockett

Owner Occupied: Yes

Owner Mailing Address: 555 Tullamore Way, Milton, Ga 30004

Years Owned: 4

Home Equity: $135,000

Mortgage Balance Remaining: $1,600,000

Financed amount: 74%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Birmingham Falls Elementary School with 8/10 star rating
Middle School: Northwestern Middle School with 7/10 star rating
High School: Milton High School with 8/10 star rating