BNBCalc Short Term Rental Rental Arbitrage Analysis 1414 Texas Avenue, Downtown Houston, Houston, TX, USA

1 bed • 1 bath • 1 guests • $0

BNB

Calc

Annual Revenue

$32,653

Profit (Cash Flow)

-$4,592

Cash on Cash Return

-74.7%

Annual Revenue

$32,653

AirDNA projects $149/night at 60% occupancy ($32,652).

BNB Calc projects a 60% occupancy rate, $149 rate per night.

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

Return Metrics

-74.66% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$4,592	-$9,184	-$13,776	-$18,368	-$22,960	-$45,920	-$137,761
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	-$4,592	-$9,184	-$13,776	-$18,368	-$22,960	-$45,920	-$137,761

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-74.66%

Payback Period Days

Return on Investment

-74.66%

1414 Texas Ave Houston, Texas, 77002

1 bed • 1 bath • 1 guests

Monthly Rent

This property is for sale!

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Houston

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Zoning

Market

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Laws

Market Data

$32,653

Annual Revenue

Projected nightly rate is $149/night at 60% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$4,592

Profit

Revenue

$32,653

Operating Expenses

$15,645

Operating Income

$17,008

Net Effective Rent

$21,600

Profit (Cash Flow)

-$4,592

$6,150

Cash Investment

Renos & Furnishing

$4,250

Setup Costs

$1,900

Total

$6,150

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

-74.66%

Payback Period Days

Property Overview

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

Lot size:

62,922 sqft

Year built:

2016

Size:

270,420 sqft

Type:

MFR

Parking:

132

Heating:

Forced Air Unit

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1617 Fannin St	-	-	258,542	-	26,249	1966	$0	-
909 Texas St	-	-	438,553	-	46,130	1913	$0	-

Property Details

MLS Status: Active

Property Use: High-Rise Apartments

Stories: -

Lot size: 62,922 sqft

Building area: 270,420 sqft

Garage: No

Heating: Forced air unit

Pool: Yes

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Commercial

Parcel Number: 1365250010001

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $65,058,677

County Est. Land Value: $15,730,500

Assessed Land Value: $15,730,500

County Est. Structure Value: $49,328,177

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
08/28/18	$0	0%	Dpr Downtown Houston Llc

Ownership

Name: Dpr Downtown Houston Llc

Owner Occupied: No

Owner Mailing Address: 270 S Service Rd Ste 45, Melville, NY 11747

Years Owned: 76

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No