BNBCalc Short Term Rental Investment Analysis 7777 Aldrich Hill Rd Cherry Creek NY 14723

4 bed • 3 bath • 10 guests • $492,300

BNB

Calc

Annual Revenue

$65,905

Profit (Cash Flow)

$11,048

Cap Rate

9.0%

Annual Revenue

$65,905

AirDNA projects $347/night at 52% occupancy ($65,904).

BNB Calc projects a 52% occupancy rate, $347 rate per night.

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

Return Metrics

8.91% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$11,048	$22,096	$33,144	$44,192	$55,240	$110,480	$331,440
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$393,840	$393,840	$393,840	$393,840	$393,840	$393,840	$393,840
Down Payment	$98,460	$98,460	$98,460	$98,460	$98,460	$98,460	$98,460
Property Appreciation	$14,769	$29,981	$45,649	$61,787	$78,410	$169,310	$702,641
Total Return	$518,117	$544,377	$571,093	$598,280	$625,950	$772,090	$1,526,381

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

8.91%

Cap Rate

8.98%

Return on Investment

24.72%

7777 Aldrich Hill Rd Cherry Creek, NY, 14723

4 bed • 3 bath • 10 guests

Purchase Price

Est. $2,361/mo

This property is for sale!

Contact Agent

$65,905

Annual Revenue

Projected nightly rate is $347/night at 52% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$11,048

Profit

Revenue

$65,905

Operating Expenses

$21,648

Operating Income

$44,257

Mortgage & Taxes

$33,209

Profit (Cash Flow)

$11,048

$123,979

Cash Investment

Down Payment

$98,460

Renos & Furnishing

$10,750

Closing Costs

$14,769

Total

$123,979

DSCR Ratio

Strong

1.33

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

8.91%

Cap Rate

8.98%

Return on Investment

24.72%

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

$23,365

Deductible property tax

$4,874

Your total deduction

$53,026

Your adjusted annual income

$150,000 - $53,026 = $96,974

Taxes on $96,974 (30%)

$29,092

Your old tax bill

$45,000

Your new tax bill

$29,092

Estimated tax savings

$15,908

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:

1,089,000 sqft

Year built:

2003

Size:

2,555 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Property Details

MLS Status: Active

Property Use: Rural Residence

Stories: 2

Lot size: 1,089,000 sqft

Building area: 2,555 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: 01 - NOT ZONED

Land Use: Residential

Parcel Number: 063000 203.00-1-30

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $301,000

County Est. Land Value: $49,071

Assessed Land Value: $37,000

County Est. Structure Value: $350,129

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
09/13/11	$320,000	0%	Timothy Hannon
09/13/11	$26,000	0%	Stephen Garvey

Ownership

Name: Timothy J Hannon

Owner Occupied: No

Owner Mailing Address: 51 Brynstone Ct, Buffalo, Ny 14228

Years Owned: 144

Home Equity: -

Mortgage Balance Remaining: $256,000

Financed amount: 0%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No