BNBCalc Short Term Rental Investment Analysis 9811 N Kessler

2 bed • 1 bath • 6 guests • $250,000

BNB

Calc

Annual Revenue

$50,521

Profit (Cash Flow)

$11,289

Cap Rate

12.1%

Annual Revenue

$50,521

AirDNA projects $233/night at 48% occupancy ($40,848). Airbtics projects $180/night at 54% occupancy ($35,501). Airbtics predicts this property will perform in the 52% revenue percentile

BNB Calc projects a 54% occupancy rate, $256 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$23,743	$33,337	$43,354	$56,723
Occupancy	43%	51%	61%	78%
Nightly Rate	$133	$163	$203	$283

Seasonality (Profit by Month)

Return Metrics

10.14% 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)	$11,288	$22,577	$33,865	$45,154	$56,442	$112,885	$338,657
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,566	$3,262	$5,099	$7,089	$9,244	$23,016	$187,500
Down Payment	$62,500	$62,500	$62,500	$62,500	$62,500	$62,500	$62,500
Property Appreciation	$7,500	$15,225	$23,181	$31,377	$39,818	$85,979	$356,815
Total Return	$82,854	$103,564	$124,647	$146,120	$168,005	$284,380	$945,472

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

10.14%

Cap Rate

12.1%

Return on Investment

18.29%

9811 N Kessler Irons, Michigan, 49644-8713

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,199/mo

Inquire about this property

Contact Agent

$196,100

Zestimate

$50,521

Annual Revenue

BNBCalc predicts this property will get $180 per night with 54% occupancy, putting it in the top 52% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 11% of comparables

Seasonality

$11,289

Profit

Revenue

$50,521

Operating Expenses

$20,248

Operating Income

$30,273

Mortgage & Taxes

$18,985

Profit (Cash Flow)

$11,289

$111,250

Cash Investment

Down Payment

$62,500

Renos & Furnishing

$41,250

Closing Costs

$7,500

Total

$111,250

DSCR Ratio

Strong

1.59

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

10.14%

Cap Rate

12.1%

Return on Investment

18.29%

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

$14,886

Deductible property tax

$2,475

Your total deduction

$20,071

Your adjusted annual income

$150,000 - $20,071 = $129,929

Taxes on $129,929 (30%)

$38,979

Your old tax bill

$45,000

Your new tax bill

$38,979

Estimated tax savings

$6,021

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:

Year built:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Address	Beds	Baths	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
9804 N Kessler	3	1	-	0	-	$0	70
9768 N Kessler	-	-	-	0	-	$0	-
9953 N Aqua Dr	-	-	-	0	-	$0	-
9541 N Granger Rd	-	-	-	29,185	-	$0	-
9505 N Granger Rd	-	-	-	0	-	$0	-
9712 W Harper Dr	-	-	-	0	-	$0	-
9728 W Harper Dr	-	-	-	0	-	$0	-
9474 N Harper Dr	4	3	-	0	-	$685,000	-
8312 W Nixon Rd	-	-	-	294,901	-	$0	-
9438 N Harper Dr	-	-	-	0	-	$0	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 04-202-004-00

Flood Zone: No

Tax Info

Year Assessed:

Assessed Value: $49,500

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $149,421

Sale history

Date	Sale Price	% Financed	Buyer
09/06/18	$124,900	0%	Ivy Razmus

Ownership

Name: Ivy Razmus

Owner Occupied: No

Owner Mailing Address: 1005 Brownwood Ave Nw, Grand Rapids, Mi 49504

Years Owned: 66

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No