BNBCalc Short Term Rental Investment Analysis 703 S 10th St

3 bed • 2 bath • 8 guests • $475,000

BNB

Calc

Annual Revenue

$67,095

Profit (Cash Flow)

$12,651

Cap Rate

9.4%

Annual Revenue

$67,095

AirDNA projects $334/night at 51% occupancy ($62,215). Airbtics projects $341/night at 52% occupancy ($64,765). Airbtics predicts this property will perform in the 42% revenue percentile

BNB Calc projects a 55% occupancy rate, $334 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$43,750	$76,883	$98,741	$140,202
Occupancy	44%	50%	54%	77%
Nightly Rate	$226	$376	$458	$468

Seasonality (Profit by Month)

Return Metrics

10.74% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$12,650	$25,301	$37,952	$50,603	$63,254	$126,509	$379,527
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$380,000	$380,000	$380,000	$380,000	$380,000	$380,000	$380,000
Down Payment	$95,000	$95,000	$95,000	$95,000	$95,000	$95,000	$95,000
Property Appreciation	$14,250	$28,927	$44,045	$59,616	$75,655	$163,360	$677,949
Total Return	$501,900	$529,229	$556,998	$585,220	$613,909	$764,869	$1,532,477

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

10.74%

Cap Rate

9.4%

Return on Investment

26.8%

703 S 10th St Waco, Texas, 76706-1327

3 bed • 2 bath • 8 guests

Purchase Price

Est. $2,278/mo

This property is for sale!

Contact Agent

Waco

Zoning

Laws

$67,095

Annual Revenue

This property is projected to be in the top 42% revenue percentile compared to similar properties nearby.
AirDNA projects $334/night at 51% occupancy ($62,215.66). Airbtics projects $341/night at 52% occupancy ($64,765).

Occupancy Rate

Top 21% of comparables

Avg Daily Rate

Top 51% of comparables

Seasonality

$12,651

Profit

Revenue

$67,095

Operating Expenses

$22,402

Operating Income

$44,693

Mortgage & Taxes

$32,042

Profit (Cash Flow)

$12,651

$117,750

Cash Investment

Down Payment

$95,000

Renos & Furnishing

$8,500

Closing Costs

$14,250

Total

$117,750

DSCR Ratio

Strong

1.39

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

10.74%

Cap Rate

9.4%

Return on Investment

26.8%

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

$22,544

Deductible property tax

$4,703

Your total deduction

$90,822

Your adjusted annual income

$150,000 - $90,822 = $59,178

Taxes on $59,178 (30%)

$17,754

Your old tax bill

$45,000

Your new tax bill

$17,754

Estimated tax savings

$27,246

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:

5,009 sqft

Year built:

1920

Size:

1,200 sqft

Type:

SFR

Parking:

Heating:

SPACE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
705 S 9th St	3	1	1,408	-	8,233	1925	$0	34
524 N 10th St	3	3	1,568	-	8,233	1926	$0	-
618 S 7th St	3	1	1,120	-	7,275	1935	$0	-
701 S 10th St	3	2	1,072	-	5,881	2021	$0	417
615 S 7th St	3	1	1,162	-	7,449	1925	$0	-
915 Clay Ave	2	1	600	-	2,744	1920	$0	28
603 N 10th St	1	1	1,072	-	7,536	1935	$0	44
2009 Ross Ave	2	1	846	-	8,233	1940	$0	55
1905 Gurley Ave	2	1	870	-	7,013	1941	$0	63

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 1

Lot size: 5,009 sqft

Building area: 1,200 sqft

Garage: Yes

Heating: Space

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: 2007 TIF

Land Use: Residential

Parcel Number: 480363000021006

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $135,000

County Est. Land Value: $40,000

Assessed Land Value: $40,000

County Est. Structure Value: $95,000

Market Estimate: $221,503