BNBCalc Short Term Rental Investment Analysis 803 Meridian St

6 bed • 4 bath • 12 guests • $400,000

BNB

Calc

Annual Revenue

$85,314

Profit (Cash Flow)

$33,560

Cap Rate

15.1%

Annual Revenue

$85,314

AirDNA projects $458/night at 51% occupancy ($85,313).

BNB Calc projects a 51% occupancy rate, $458 rate per night.

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

Return Metrics

31.36% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$33,560	$67,120	$100,680	$134,240	$167,800	$335,601	$1,006,805
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,929	$8,101	$12,530	$17,233	$22,226	$52,205	$320,000
Down Payment	$80,000	$80,000	$80,000	$80,000	$80,000	$80,000	$80,000
Property Appreciation	$12,000	$24,360	$37,090	$50,203	$63,709	$137,566	$570,904
Total Return	$129,489	$179,581	$230,302	$281,677	$333,736	$605,373	$1,977,710

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

31.36%

Cap Rate

15.13%

Return on Investment

46.25%

803 Meridian St Florence, Alabama, 35630-3524

6 bed • 4 bath • 12 guests

Purchase Price

Est. $1,919/mo

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Contact Agent

$476,800

Zestimate

$85,314

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

Airbnb Comparables

Comparable data could not be found for this address

Avg annual revenue

Avg occupancy rate

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

$0k

$100k

$195k

$300k

$33,560

Profit

Revenue

$85,314

Operating Expenses

$24,771

Operating Income

$60,543

Mortgage & Taxes

$26,983

Profit (Cash Flow)

$33,560

$107,000

Cash Investment

Down Payment

$80,000

Renos & Furnishing

$15,000

Closing Costs

$12,000

Total

$107,000

DSCR Ratio

Strong

2.24

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

31.36%

Cap Rate

15.13%

Return on Investment

46.25%

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

$18,984

Deductible property tax

$3,960

Your total deduction

$24,356

Your adjusted annual income

$150,000 - $24,356 = $125,644

Taxes on $125,644 (30%)

$37,693

Your old tax bill

$45,000

Your new tax bill

$37,693

Estimated tax savings

$7,307

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:

18,750 sqft

Year built:

1960

Size:

4,379 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
664 Simpson St	2	1	1,287	-	10,454	1943	$141,200	77
529 Howell St	3	2	1,012	-	5,400	1945	$229,000	111
512 Simpson St	3	1	1,170	-	7,500	1943	$109,900	38
688 Sannoner Ave	-	-	672	-	16,275	1980	$75,000	-
1108 Bellemeade Ave	-	-	906	-	7,000	1935	$600,000	-
507 Windsor St	4	1	1,751	-	11,761	1960	$198,000	33
1020 Wildwood Park Rd	-	1	2,618	-	41,406	1960	$150,000	-
513 Haley Ave	4	1	1,565	-	18,560	1951	$310,000	61
1052 Wildwood Park Rd	3	1	2,286	-	26,572	1957	$280,000	47
517 Florida Ave	-	-	1,084	-	18,500	1950	$0	-

Property Details

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

Property Use: Single Family Residence

Stories: 2

Lot size: 18,750 sqft

Building area: 4,379 sqft

Garage: No

Heating: Central

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: 02

Land Use: Residential

Parcel Number: 24-02-10-1-002-065-000

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $86,820

County Est. Land Value: $15,600

Assessed Land Value: -

County Est. Structure Value: $418,480

Market Estimate: $388,943

Sale history

Date	Sale Price	% Financed	Buyer
11/15/23	$460,000	80%	Tim Spidel, Shelly Spidel
08/04/22	$345,000	79%	Palmetto Enterprise Properties Llc
08/29/13	$215,000	0%	Robert W Love

Ownership

Name: Tim Spidel

Owner Occupied: No

Owner Mailing Address: 337 W Duncan Ave, Florence, Al 35630

Years Owned: 6

Home Equity: -

Mortgage Balance Remaining: $276,000

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No