ABCDEFG
1
PROPERTY / DEAL DETAILS:
2
>>> VIDEO BREAKDOWN <<< (CLICK HERE AND REVIEW THIS FIRST)
3
Property Address33 Hickory Nut Trl, Broken Bow, OK 74728Bedroom Count:5
4
Purchase Price$940,000Bathroom Count:4
5
Listing URLLink to PhotosSquare Footage:3,415
6
7
CASHFLOW, TAX SAVINGS AND RETURNS:NOTES:
8
Cash on Cash Return (CoC):16.07%
9
Annual Cash-Flow:$50,252.48
10
Estimated Bonus Depreciation:$300,800.00
11
Estimated Additional Offset:$196,033.42
12
Total Year 1 Offset:$496,833.42
13
Year 1 Estimated Net Effective Tax Savings:$183,828.36
14
Year 1 Estimated Tax Savings And Cash-Flow:$234,080.84
15
Year 1 ROI:74.87%
16
17
DEAL SNAPSHOT:NOTES:
18
CASH NEEDED:CASHFLOW, TAX SAVINGS AND RETURNS:
19
Purchase Price:$940,000.00
20
Down Payment:$94,000.00
21
Mortgage Amount:$846,000.00
22
Closing Costs:$18,855.83
23
Seller Credit:$25,000.00
24
Inspection Seller Credit:$8,000.00
25
Adjusted Closing Costs:-$14,144.17
26
Total Cash To Close:$79,855.83
27
Post-Close Enhancements Budget:$232,805.50
28
Total Cash Needed:$312,661.33
29
30
MONTHLY INCOME PROJECTIONS:NOTES:
31
Average Nightly Rate (ADR):$900NICK COMP 1 | Airbnb Listing URL | Airdna Listing Url
32
Average Occupancy (OCC):65%NICK COMP 2 (LIKELY MODELING AS MUCH OF THIS AS POSSIBLE) | Airbnb listing url | Airdna listing url
33
Gross Booking Revenue:$17,794$183k comp
34
Cleaning Revenue:$2,075$194k comp
35
Gross Monthly Income:$19,868$173k comp
36
Gross Annual Revenue (Before ALL Expenses)$238,419
37
Net Annual Cashflow (After ALL Expenses)$50,252
38
Net Monthly Cashflow (After ALL Expenses)$4,188
39
40
RECURRING MONTHLY EXPENSES BREAKDOWN:NOTES:
41
RECURRING PAYMENTS:UTILITIES:
42
Principal + Interest Payments:$5,072.20Water/Sewer:$194
43
Property Taxes:$121.83Gas And Electricity:$675
44
STR Insurance Policy:$483.26Internet:$109
45
Flood Insurance:$0.00Cleaning:$2,075
46
Private Mortgage Insurance (PMI):$326.65HOA Dues:$50
47
TOTAL Monthly Mortgage Payment (PITI):$6,003.94Pest Control:$20
48
Repairs And Capex:$1,068Lawn Care:$148
49
Co-Hosting Fee:$3,203Snow Removal:$0
50
Average Platform Fee:$2,135Pool/Hot Tub Maintenance:$0
51
Net Annual Expenses:$188,166.52
52
Net Monthly Expenses:$15,680.54
53
54
ONE-TIME DESIGN AND ENHANCEMENTS BUDGET:NOTES:
55
INTERIOR:EXTERIOR:
56
Handyman/General Contractor "Wear And Tear" Enhancements:$20,000Handyman/General Contractor "Wear And Tear" Enhancements:$7,500<<larger $20K interior budget for living/dining room wall repaint
57
One-Time Supplies Stocking:$1,683Games:$0
58
Bedrooms:$25,000Firepit:$3,500
59
Living Room:$5,000Hot Tub:$7,500
60
Dining Room:$5,000Sauna:$4,500
61
Basement:$0Artificial Turf Putting Green:$8,500
62
Loft Living Area (Golf Sim / Hybrid Movie Theater Room Conversion):$15,000Patio Furniture:$2,500
63
Game Room:$0Pickleball Court:$25,000
64
Garage:$0Pool:$75,000
65
Misc Improvement 1:$0Misc Amenity 1:$0
66
Misc Improvement 2:$0Misc Amenity 2:$0
67
Paint/Mural:$5,123Misc Amenity 3:$0
68
Designer:$22,000Misc Amenity 4:$0
69
Total:$98,806Total:$134,000
70
NET DESIGN AND ENHANCEMENTS BUDGET TOTAL:$232,806