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BNBCalc Short Term Rental Rental Arbitrage Analysis 92 Southwest 3rd Street, Miami, Florida 33130, United States

2 bed • 2 bath • 6 guests • $0

BNB

Calc

Annual Revenue

$82,655

Profit (Cash Flow)

$8,910

Cash on Cash Return

81.7%

Annual Revenue

$82,655

AirDNA projects $365/night at 62% occupancy ($82,654).

BNB Calc projects a 62% occupancy rate, $365 rate per night.

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


Return Metrics

81.73% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$8,909$17,819$26,728$35,638$44,548$89,096$267,288
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$8,909$17,819$26,728$35,638$44,548$89,096$267,288

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

81.73%

Payback Period Days

446

Return on Investment

81.73%

property-location

92 SW 3rd St Miami, Florida, 33130-2998

2 bed • 2 bath • 6 guests

Agent

Inquire about this property

Contact Agent

$2,904

Zestimate

Miami

Guide

Zoning

Market

Guide


Laws


Market Data

$82,655

Annual Revenue

Top 101% of comparables

Top 101% of comparables


$8,910

Profit

Revenue

$82,655

Operating Expenses

$22,145

Operating Income

$60,510

Net Effective Rent

$51,600

Profit (Cash Flow)

$8,910

$10,900

Cash Investment

Renos & Furnishing

$6,500

Setup Costs

$4,400

Total

$10,900

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

81.73%

Payback Period Days

446

Property Overview

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

Lot size:

14,212 sqft

Year built:

-

Size:

-

Type:

OTHER

Parking:

-

Heating:

YES

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: Vacant Commercial
  • Stories: 1
  • Lot size: 14,212 sqft
  • Building area: -
  • Garage: No
  • Heating: Yes
  • Pool: No
  • Fireplaces: 0
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: 6600:COMMERCIAL,LIBERAL
  • Land Use: Commercial
  • Parcel Number: 01-0100-000-0320
  • Flood Zone: Yes, Zone

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $358,937
  • County Est. Land Value: $355,300
  • Assessed Land Value: $355,300
  • County Est. Structure Value: $3,637
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
05/03/23$00%92 On The Bay Llc
04/21/23$100,1000%3025 On The Bay Llc
11/16/18$424,5000%River Front Master Assn
12/21/11$360,00044%James J Paxton
06/30/11$345,00065%Mint 2611 Llc
11/11/05$00%Key Miami River West Llc
10/14/05$00%Key Miami River Ii Llc
Invalid Date$00%Miami River Llc
09/30/05$00%Key Miami River Iv Llc
09/30/05$00%Key Miami River Iii Llc

Ownership

  • Name: 92 On The Bay Llc
  • Owner Occupied: No
  • Owner Mailing Address: 1498 Nw 15th St Apt 105, Miami, Fl 33125
  • Years Owned: 149
  • Home Equity: -
  • Mortgage Balance Remaining: $0
  • Financed amount: -
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: No