BNBCalc Short Term Rental Rental Arbitrage Analysis 159 Hicks Street, Portland, Maine 04103, United States

3 bed • 1.5 bath • 8 guests • $0

BNB

Calc

Report by:

Michael Stead

Co-Founder, Pique Properties at Pique Properties

5872221272

michael@piquepropertiesinc.com

www.piqueproperties.com

Annual Revenue

$80,810

Profit (Cash Flow)

$18,885

Cash on Cash Return

157.7%

Annual Revenue

$80,810

AirDNA projects $367/night at 61% occupancy ($81,767).

BNB Calc projects a 75% occupancy rate, $295 rate per night.

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

Return Metrics

157.7% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$18,884	$37,769	$56,654	$75,539	$94,424	$188,849	$566,547
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	$18,884	$37,769	$56,654	$75,539	$94,424	$188,849	$566,547

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

157.7%

Payback Period Days

231

Return on Investment

157.7%

159 Hicks St Portland, Maine, 04103-1153

3 bed • 1.5 bath • 8 guests

Monthly Rent

Inquire about this property

Contact Michael

Co-Founder, Pique Properties at Pique Properties

$2,400

Zestimate

$80,810

Annual Revenue

Projected nightly rate is $367/night at 61% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$18,885

Profit

Revenue

$80,810

Operating Expenses

$22,325

Operating Income

$58,485

Net Effective Rent

$39,600

Profit (Cash Flow)

$18,885

$11,975

Cash Investment

Renos & Furnishing

$8,375

Setup Costs

$3,600

Total

$11,975

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

157.7%

Payback Period Days

231

Property Overview

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

Lot size:

12,632 sqft

Year built:

1900

Size:

801 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 12,632 sqft

Building area: 801 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: PTLD M:297 B:C030001

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $257,900

County Est. Land Value: -

Assessed Land Value: $67,700

County Est. Structure Value: -

Market Estimate: -

Ownership

Name: 159 Hicks Llc

Owner Occupied: No

Owner Mailing Address: 9 Edes Rd, Cumberland, Me 04021

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $335,250

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No