BNBCalc Short Term Rental Rental Arbitrage Analysis 8802 N Harborview Dr Gig Harbor WA 98332

2 bed • 2 bath • 6 guests • $0

BNB

Calc

Annual Revenue

$55,042

Profit (Cash Flow)

-$20,177

Cash on Cash Return

-249.1%

Annual Revenue

$55,042

AirDNA projects $274/night at 55% occupancy ($55,042).

BNB Calc projects a 55.00000000000001% occupancy rate, $274 rate per night.

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

Return Metrics

-249.1% 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)	-$20,177	-$40,354	-$60,531	-$80,708	-$100,886	-$201,772	-$605,316
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	-$20,177	-$40,354	-$60,531	-$80,708	-$100,886	-$201,772	-$605,316

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-249.1%

Payback Period Days

Return on Investment

-249.1%

8802 N Harborview Dr Gig Harbor, WA, 98332

2 bed • 2 bath • 6 guests

Monthly Rent

Inquire about this property

Contact Agent

$4,722

Zestimate

$55,042

Annual Revenue

Projected nightly rate is $274/night at 55% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$20,177

Profit

Revenue

$55,042

Operating Expenses

$18,555

Operating Income

$36,487

Net Effective Rent

$56,664

Profit (Cash Flow)

-$20,177

$8,100

Cash Investment

Renos & Furnishing

$6,500

Setup Costs

$1,600

Total

$8,100

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

-249.1%

Payback Period Days

Property Overview

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

Lot size:

6,000 sqft

Year built:

1927

Size:

1,320 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
8204 Stinson Ave	2	1	672	-	6,534	1930	$1,100,000	69
9024 Prentice Ave	2	1	1,270	-	12,500	1956	$825,000	31
3423 Rosedale St	3	1	2,204	-	11,761	1910	$1,475,000	34
9304 Woodworth Ave	3	1	2,172	-	8,400	1983	$950,000	-
8020 Dorotich St	2	1	1,792	-	6,000	1973	$1,050,000	-
9109 Prentice Ave	3	2	2,836	-	10,600	1976	$0	-
8115 Bayridge Ave	3	2	2,603	-	6,098	1989	$1,140,000	-
9910 40th Avenue Ct	2	1	4,088	-	17,424	1982	$770,000	35
9404 Peacock Hill Ave	4	2	2,793	-	18,000	1991	$1,200,000	12
9514 Goodman Ave	4	2	1,920	-	11,400	1965	$865,000	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 6,000 sqft

Building area: 1,320 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R-1

Land Use: Residential

Parcel Number: 4097000080

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $924,700

County Est. Land Value: $680,600

Assessed Land Value: $680,600

County Est. Structure Value: $244,100

Market Estimate: $1,083,721

Sale history

Date	Sale Price	% Financed	Buyer
08/29/17	$640,000	70%	Christopher Wells, Ashley P Wells
12/07/12	$299,000	0%	Ryan Philbrick, Krista Philbrick
08/20/12	$628,000	0%	Vantium Reo Cap Markets Lp
08/30/07	$785,000	80%	Frank W Englesby, Elizabeth Z Englesby
04/21/06	$975,000	0%	Sharon Snuffin

Ownership

Name: Christopher Wells

Owner Occupied: Yes

Owner Mailing Address: 8802 N Harborview Dr, Gig Harbor, Wa 98332

Years Owned: 72

Home Equity: $493,700

Mortgage Balance Remaining: $442,000

Financed amount: 0%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No