BNBCalc Short Term Rental Rental Arbitrage Analysis 819 18th Ave S, Nashville, TN 37203, USA

1 bed • 1 bath • 2 guests • $0

BNB

Calc

Annual Revenue

$47,299

Profit (Cash Flow)

$9,914

Cash on Cash Return

208.6%

Annual Revenue

$47,299

AirDNA projects $185/night at 70% occupancy ($47,299).

BNB Calc projects a 70% occupancy rate, $185 rate per night.

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

Return Metrics

208.58% 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)	$9,914	$19,828	$29,742	$39,656	$49,571	$99,142	$297,426
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	$9,914	$19,828	$29,742	$39,656	$49,571	$99,142	$297,426

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

208.58%

Payback Period Days

175

Return on Investment

208.58%

819 18th Ave S Nashville, Tennessee, 37203-3218

1 bed • 1 bath • 2 guests

Monthly Rent

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Market Data

$47,299

Annual Revenue

Projected nightly rate is $185/night at 70% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$9,914

Profit

Revenue

$47,299

Operating Expenses

$17,549

Operating Income

$29,750

Net Effective Rent

$19,836

Profit (Cash Flow)

$9,914

$4,753

Cash Investment

Renos & Furnishing

$3,000

Setup Costs

$1,753

Total

$4,753

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

208.58%

Payback Period Days

175

Property Overview

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

Lot size:

43,560 sqft

Year built:

2014

Size:

166,209 sqft

Type:

MFR

Parking:

Heating:

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1015 17th Ave S	-	-	5,268	-	7,841	1980	$0	-
217 24th Ave N	-	-	7,864	-	6,970	1990	$2,000,000	-
1604 18th Ave S	-	-	7,547	-	8,712	1920	$0	-
1316 South St	6	4	4,330	-	19,602	2006	$0	-
1004 15th Ave S	3	2	2,076	-	6,534	1932	$500,000	-
1300 Tremont St	8	4	3,258	-	11,326	1967	$700,000	-
2012 Clifton Ave	4	4	2,664	-	8,712	1930	$0	-
1612 18th Ave S	-	-	7,356	-	9,583	1925	$0	-
2020 Clifton Ave	4	2	2,082	-	8,712	1941	$0	-

Property Details

MLS Status: N/A

Property Use: High-Rise Apartments

Stories: -

Lot size: 43,560 sqft

Building area: 166,209 sqft

Garage: No

Heating:

Pool: Yes

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: ORI-A

Land Use: Commercial

Parcel Number: 092-16-0-323-00

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $13,364,880

County Est. Land Value: $5,355,000

Assessed Land Value: $2,142,000

County Est. Structure Value: $28,057,200

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
07/17/19	$0	0%	Pbone Artisan Llc
07/12/19	$33,800,000	1079%	Pbone Artisan Llc
10/22/15	$35,200,000	100%	Mbpp Artisan Llc
06/28/13	$0	0%	Artisan On 18th Llc
06/26/13	$765,000	100%	Artisan On 18th Llc
06/26/13	$0	0%	Artisan On 18th Llc
10/21/09	$560,000	100%	Cheryl D Baird
10/21/09	$0	0%	Nell Frosh Haggard

Ownership

Name: Pbone Artisan Llc

Owner Occupied: No

Owner Mailing Address: Po Box 92129, Southlake, TX 76092

Years Owned: 64

Home Equity: -

Mortgage Balance Remaining: $365,000,000

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No

Schools

High School: Hillsboro High School with 4/10 star rating