BNBCalc Short Term Rental Investment Analysis 941 Main St

4 bed • 2 bath • 12 guests • $205,000

BNB

Calc

Annual Revenue

$74,860

Profit (Cash Flow)

$37,620

Cap Rate

25.1%

Annual Revenue

$74,860

AirDNA projects $366/night at 56% occupancy ($74,860). Airbtics projects $315/night at 54% occupancy ($62,128). Airbtics predicts this property will perform in the 51% revenue percentile

BNB Calc projects a 56.00000000000001% occupancy rate, $366 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$22,629	$47,789	$85,336	$173,441
Occupancy	44%	56%	63%	71%
Nightly Rate	$134	$222	$356	$652

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Luxury Superstar Townhome - Large Private Terrace	$34,712	$158	57%	4	4	2	$250	❌	❌	❌	Y / Y	⭐️ 4.9 (61)
MD ~ Large Condo ~ Walkable to Restaurants / Bars	$47,250	$225	57%	4	4	3	$310	❌	❌	❌	Y / Y	⭐️ 5 (19)
New, Luxury Home\| Private Roof Deck	$55,601	$209	72%	4	4	1	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (82)
Rooftop Fire Pit & Cocktail Bar \| Sleeps 12 \|	$44,957	$213	54%	4	4	2	$260	❌	❌	✅	Y / Y	⭐️ 5 (15)
Early Check-InSleeps 12+Walk to 5 Points	$186,458	$1,180	43%	4	4	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (50)
East Nashville- less than 2 miles from Broadway	$59,161	$247	65%	4	3	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (284)
East Nashville Bungalow, Heart of Five Points	$36,777	$132	71%	4	3	1	$225	❌	❌	❌	Y / Y	⭐️ 4.9 (269)
NEW Designer Home, The Fitzgerald, East Nashville!	$55,950	$500	30%	4	5	2	$350	❌	❌	❌	Y / Y	⭐️ 4.9 (48)
Country Legends House	$25,963	$92	73%	4	4	2	$275	✅	❌	❌	Y / Y	⭐️ 4.8 (114)
Minutes to Broadway and Five Points! 12 beds!	$33,335	$126	68%	4	4	1	$325	❌	❌	✅	Y / Y	⭐️ 4.8 (61)
Bach Party Headquarters - Huge Home!	$36,127	$134	67%	4	4	1	$325	❌	❌	✅	Y / Y	⭐️ 4.8 (46)
Bachelorette Approved!Sleep 12+Early Check-In!*	$92,708	$571	44%	4	4	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (67)
Music City Bachelor/Bachelorette Party Pad	$33,512	$134	63%	4	4	1	$325	❌	❌	✅	Y / Y	⭐️ 4.8 (44)
Beautiful Luxury Renovation\|5 minutes to Downtown	$50,677	$221	62%	4	3	1	$175	❌	❌	❌	Y / Y	⭐️ 4.9 (46)
Beautiful Luxury Renovation \| Near Downtown	$47,402	$223	57%	4	3	1	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (22)
MC- High-End Luxury Condo w/ Private Roof / Garage	$47,856	$253	51%	4	4	3	$310	❌	❌	❌	Y / Y	⭐️ 4.6 (19)
Rooftop 4 bd Rock + Roll Haven! 5 min -> DT!	$20,442	$88	56%	4	4	1	$88	❌	❌	❌	Y / Y	⭐️ 4.8 (41)
Jeff's Place	$48,220	$315	41%	4	3	3	$175	❌	❌	❌	Y / Y	⭐️ 5 (157)
Large Private Rooftop - Spacious Luxury Townhome	$41,276	$190	57%	4	4	2	$250	❌	❌	❌	Y / Y	⭐️ 4.8 (44)
Rooftop Fire Pit & Cocktail Bar ~ Skyline Views!	$33,000	$189	44%	4	4	2	$260	❌	❌	✅	Y / Y	⭐️ 4.7 (15)
Fall Sale! Prime Location	$60,160	$259	60%	4	5	2	$330	❌	❌	❌	Y / Y	⭐️ 5 (22)
East Retreat 1	$88,058	$641	37%	4	4	2	$250	❌	✅	❌	Y / Y	⭐️ 4.9 (132)
Sonder The Lookout \| Spacious 4BR w/ Balcony	$101,291	$675	41%	4	3	1	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (122)
The Nash! 4bd 3.5b CitySkyline Roof Views!Parking!	$98,443	$347	73%	4	4	1	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (236)
Sonder The Lookout \| 4BR Apartment w/ Balcony	$49,318	$275	49%	4	4	1	$0	❌	❌	❌	Y / Y	⭐️ 4.6 (157)
Sonder The Lookout \| Superior 4BR w/ Balcony	$106,045	$878	33%	4	3	1	$0	❌	❌	❌	Y / Y	⭐️ 4.6 (154)
The Nash Local 4bd/3.5 ba in East! Walk to Nissan!	$76,697	$296	68%	4	4	3	$99	❌	❌	❌	Y / Y	⭐️ 5 (4)
The Dolly! East Nash!4bd! 5 min to DT!Rooftop!	$30,088	$79	89%	4	4	1	$88	❌	❌	❌	Y / Y	⭐️ 4.8 (229)
Mayas Luxury Oasis 2 Miles to Broadway	$102,330	$900	30%	4	4	2	$325	❌	❌	❌	Y / Y	⭐️ 4.9 (52)
Rooftop: Fire Pit & Cocktail Bar. 2 mi to Brdwy	$30,709	$200	40%	4	4	2	$260	❌	❌	✅	Y / Y	⭐️ 4.9 (19)
East Nash ~ Rooftop Fire pit ~ Sleeps 12	$36,597	$185	49%	4	4	2	$260	❌	❌	✅	Y / Y	⭐️ 4.9 (14)
All the Nash!4 bd/3.5 ba in East! Walk to Nissan!	$151,312	$650	62%	4	4	3	$99	❌	❌	❌	Y / Y	⭐️ 4.5 (2)
Rock n Roll! 4 bd 3.5ba! Skyline Views!5 min to DT	$79,896	$383	54%	4	4	1	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (150)
5 Points Retreat Walk to Restaurants, Bars & Music	$37,253	$139	65%	4	2	1	$155	❌	❌	❌	Y / Y	⭐️ 4.9 (73)
Chic Nashville 4 Bedrm, 7 Beds Walk to Restaurants	$32,805	$132	61%	4	2	1	$145	❌	❌	✅	Y / Y	⭐️ 4.8 (46)
Modern Comfort 8 Beds, 4 Bedrm Walk to Restaurants	$32,335	$133	56%	4	2	1	$145	❌	❌	✅	Y / Y	⭐️ 5 (76)
Modern Home, 3mi to Downtown Nash, Big Screen TV	$55,949	$327	44%	4	2	1	$299	❌	❌	✅	Y / Y	⭐️ 5 (56)
Stylish Condo w/Free Parking & Close to Downtown	$26,046	$134	50%	4	2	2	$190	❌	❌	✅	Y / Y	⭐️ 5 (47)
Stylish Condo w/Free Parking & Close to Downtown	$24,676	$127	49%	4	2	2	$190	❌	❌	✅	Y / Y	⭐️ 5 (53)

Return Metrics

65.25% 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)	$37,619	$75,239	$112,859	$150,479	$188,099	$376,199	$1,128,597
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$164,000	$164,000	$164,000	$164,000	$164,000	$164,000	$164,000
Down Payment	$41,000	$41,000	$41,000	$41,000	$41,000	$41,000	$41,000
Property Appreciation	$6,150	$12,484	$19,009	$25,729	$32,651	$70,502	$292,588
Total Return	$248,769	$292,724	$336,868	$381,208	$425,750	$651,701	$1,626,185

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

65.25%

Cap Rate

25.09%

Return on Investment

79.41%

941 Main St 106 Nashville, Tennessee, 37206

4 bed • 2 bath • 12 guests

Purchase Price

Est. $983/mo

Inquire about this property

Contact Agent

$205,000

Zestimate

Nashville

Guide

Zoning

Market

Guide

Laws

Market Data

$74,860

Annual Revenue

This property is projected to be in the top 51% revenue percentile compared to similar properties nearby.
Projected nightly rate is $366/night at 56% occupancy.Projected nightly rate is $315/night at 54% occupancy.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 23% of comparables

Seasonality

40 Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$57,442

Avg annual revenue

54%

Avg occupancy rate

$315

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

$20k

$75k

$130k

$185k

$37,620

Profit

Revenue

$74,860

Operating Expenses

$23,412

Operating Income

$51,449

Mortgage & Taxes

$13,829

Profit (Cash Flow)

$37,620

$57,650

Cash Investment

Down Payment

$41,000

Renos & Furnishing

$10,500

Closing Costs

$6,150

Total

$57,650

DSCR Ratio

Strong

3.72

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

65.25%

Cap Rate

25.09%

Return on Investment

79.41%

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

$9,730

Deductible property tax

$2,029

Your total deduction

-$22,575

Your adjusted annual income

$150,000 - -$22,575 = $172,575

Taxes on $172,575 (30%)

$51,773

Your old tax bill

$45,000

Your new tax bill

$51,773

Estimated tax savings

-$6,773

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:

40,946 sqft

Year built:

2018

Size:

31,428 sqft

Type:

MFR

Parking:

Heating:

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
513 S 11th St	4	3	1,706	-	7,841	1930	$675,000	-
205 Neill Ave	4	2	1,680	-	8,712	1979	$0	-
1702 Russell St	6	5	2,609	-	7,841	1984	$1,365,000	-
1806 Holly St	4	2	2,112	-	7,841	1972	$0	-
1201 Gartland Ave	3	2	2,310	-	7,841	1930	$965,000	4
627 Shelby Ave	1	1	472	-	17,424	1960	$219,485	-
711 N 12th St	4	3	1,984	-	8,712	1940	$0	-
1507 Boscobel St	-	-	1,624	-	7,405	1965	$0	-
1509 Boscobel St	-	-	1,680	-	7,405	1965	$0	-
708 Benson St	2	1	700	-	7,841	1969	$325,000	-

Property Details

MLS Status: N/A

Property Use: Apartments (Generic)

Stories: 1

Lot size: 40,946 sqft

Building area: 31,428 sqft

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Apartment

Parcel Number: 082-12-0-271-00

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $3,243,000

County Est. Land Value: $4,094,600

Assessed Land Value: $1,637,840

County Est. Structure Value: $4,012,900

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
04/21/23	$660,000	95%	Elijah J Dangerfield
01/31/23	$620,000	70%	941 Main St Tn Llc
01/12/23	$630,000	80%	East Nash 99 Llc
07/08/22	$650,000	75%	John Michael Ondish, Amanda Swajger
04/29/22	$579,900	80%	Rafey Ray Omar
04/01/22	$579,900	100%	The Spot 12tj Ave Llc
03/25/22	$579,900	80%	James Sarubbi
03/23/22	$0	0%	941 Main Partners Llc
03/10/22	$616,000	89%	Britney Wambold
03/09/22	$579,900	75%	William Josh Anderson, Ryan Kelly Dejong

Ownership

Name: Elijah J Dangerfield

Owner Occupied: No

Owner Mailing Address: 941 Main St Unit 203, Nashville, TN 37027

Years Owned: 19

Home Equity: -

Mortgage Balance Remaining: $627,000

Financed amount: 75%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

High School: Whites Creek Comp High School with 1/10 star rating