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BNBCalc Short Term Rental Rental Arbitrage Analysis 1080 Peabody Avenue, Memphis, Tennessee 38104, United States

2 bed • 1 bath • 4 guests • $0

BNB

Calc

Annual Revenue

$33,489

Profit (Cash Flow)

$336

Cash on Cash Return

4.3%

Annual Revenue

$33,489

AirDNA projects $173/night at 53% occupancy ($33,489).

BNB Calc projects a 53% occupancy rate, $173 rate per night.

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


Return Metrics

4.3% cash on cash return is a fair return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$335$671$1,006$1,342$1,678$3,356$10,068
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return$335$671$1,006$1,342$1,678$3,356$10,068

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

4.3%

Payback Period Days

8488

Return on Investment

4.3%

property-location

1080 Peabody Ave Memphis, Tennessee, 38104-4576

2 bed • 1 bath • 4 guests

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Market Data

$33,489

Annual Revenue


Projected nightly rate is $173/night at 53% occupancy.

Top 101% of comparables

Top 101% of comparables


$336

Profit

Revenue

$33,489

Operating Expenses

$15,754

Operating Income

$17,736

Net Effective Rent

$17,400

Profit (Cash Flow)

$336

$7,800

Cash Investment

Renos & Furnishing

$6,250

Setup Costs

$1,550

Total

$7,800

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

4.3%

Payback Period Days

8488

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

8,973 sqft

Year built:

1965

Size:

4,480 sqft

Type:

MFR

Parking:

-

Heating:

FORCED AIR

Sold Comparables


Property Details

  • MLS Status: property-details-mls-status-sold
  • Property Use: Apartments (Generic)
  • Stories: 1
  • Lot size: 8,973 sqft
  • Building area: 4,480 sqft
  • Garage: No
  • Heating: Forced air
  • Pool: No
  • Fireplaces: 0
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: RU-3
  • Land Use: Residential
  • Parcel Number: 018-037- - -00024
  • Flood Zone: No

Tax Info

  • Year Assessed: 2021
  • Assessed Value: -
  • County Est. Land Value: $72,000
  • Assessed Land Value: -
  • County Est. Structure Value: $113,900
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
11/30/22$415,9000%Peabody Flats Llc
11/30/22$415,9000%Peabody Flats Llc
09/20/10$00%Case Management Inc

Ownership

  • Name: Peabody Flats Llc,
  • Owner Occupied: No
  • Owner Mailing Address: 217 Green Glade Rd, Memphis, Tn 38120
  • Years Owned: 6
  • Home Equity: -
  • Mortgage Balance Remaining: $0
  • Financed amount: 0%
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: N/A