Investment Analysis of 3906 Palm St Houston, Texas 77004-6532 (2024)

BNBCalc.com Investment Analysis Report of 3906 Palm St

4 bed • 2 bath • 12 guests • $480,000

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Return Metrics

-70.89% cash on cash return is a poor return over the next 1 year.

Investment Value Over Time

Property Appreciation Assumption:

Revenue Appreciation Assumption:

Cash on Cash Return

-70.89%

Cap Rate

-1.77%

Return on Investment

-45.68%

Annual Revenue

$5,916

AirDNA projects $243/night at 54% occupancy ($47,927). Airbtics projects $273/night at 56% occupancy ($55,838). Airbtics predicts this property will perform in the in the 46% revenue percentile.

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$37,464	$52,751	$84,580	$119,653
Occupancy	44%	54%	68%	75%
Nightly Rate	$220	$253	$321	$410

Seasonality (Profits by Month)

Airbnb Comparables

Airbnb name	Revenue	$/Night	Occupancy	Beds	Baths	Guests	Night	Cleaning	Pool	H.Tub	Pets	W/D	Reviews	Host
A Modern 4 Bedroom 4 Full Bathroom Near Downtown!	$45,635	$208	57 %	4	4	14	1	$120	❌	❌	❌	Y / Y	⭐️ 4.9 (94)	Profile
B Home & Studio Apartment	$24,589	$207	31 %	4	3	7	1	$100	❌	❌	❌	Y / Y	⭐️ 4.6 (29)	Profile
C The Isabella Oasis	$38,742	$194	44 %	4	4	14	1	$250	❌	✅	❌	Y / Y	⭐️ 5 (55)	Profile
D Recently renovated w/ big rooms & gated parking	$54,311	$294	46 %	4	4	10	1	$400	❌	✅	❌	Y / Y	⭐️ 5 (32)	Profile
E Spacious Houston Home–Minutes from Downtown	$59,206	$278	53 %	4	3	16	2	$220	❌	❌	✅	Y / Y	⭐️ 4.5 (19)	Profile
F New Midterm Gated Home W/Jacuzzi Near HTX Med Ctr	$39,775	$338	29 %	4	3	12	2	$300	❌	✅	❌	Y / Y	⭐️ 5 (53)	Profile
G Getaway Nr TSU, Midtown, DT \| Hot tub \| Game Room	$85,873	$242	87 %	4	3	14	1	$205	✅	✅	❌	Y / Y	⭐️ 4.8 (126)	Profile
H City Oasis	$29,792	$196	39 %	4	3	9	2	$120	❌	❌	❌	Y / Y	⭐️ 4.8 (75)	Profile
I LUCKY House - Tranquility in the Middle of Houston	$71,984	$298	66 %	4	4	16	2	$0	✅	❌	✅	Y / Y	⭐️ 4.8 (43)	Profile
J Prolific Duplex\|Sleeps 14\|Events\|Dwntwn\|Galleria	$98,959	$341	72 %	4	4	14	1	$400	❌	❌	❌	Y / Y	⭐️ 5 (2)	Profile
K The Edison-New Renovated Gem Downtown, Med Center	$63,119	$409	39 %	4	3	11	1	$150	❌	❌	❌	Y / Y	⭐️ 4.7 (80)	Profile
L Medical Center White House	$61,418	$242	64 %	4	3	10	3	$190	❌	❌	✅	Y / Y	⭐️ 4.6 (35)	Profile
M New Home-Near downtown/Med Center-Sleeps 14, A	$84,881	$433	52 %	4	4	14	3	$250	❌	❌	✅	Y / Y	⭐️ 4.8 (45)	Profile
N Charming 1940s home in the heart of Houston	$58,718	$263	61 %	4	3	12	1	$0	❌	❌	✅	Y / Y	⭐️ 4.9 (20)	Profile
O New Home-Near downtown/Med Center-Can sleep 14 B	$74,227	$439	45 %	4	4	14	3	$250	❌	❌	✅	Y / Y	⭐️ 4.8 (52)	Profile
P Stylish Duplex\| Great 4 Groups + Private Parking \|	$112,354	$339	83 %	4	4	12	1	$300	❌	❌	❌	Y / Y	⭐️ 4.7 (14)	Profile
Q Sunshine Away\|Nrg Stadium\|Downtown\|Clubs\|Game room	$17,685	$151	32 %	4	3	8	2	$0	✅	❌	❌	Y / Y	⭐️ 4.4 (20)	Profile
R The University Oasis-New Luxury 4 bedroom escape.	$24,963	$236	27 %	4	3	10	2	$150	❌	❌	❌	N / N	⭐️ 4.2 (19)	Profile
S New Modern House Central to City 4BD 3BA Big space	$40,643	$294	33 %	4	3	8	2	$200	❌	❌	❌	Y / Y	⭐️ 4.8 (139)	Profile
T The Barbee 161 & 162 - Bradley Suite at The Barbee	$69,349	$250	70 %	4	3	8	2	$295	❌	❌	❌	Y / Y	⭐️ 5 (2)	Profile
U The Barbee 141&142 - The Dean Suite at The Barbee	$70,485	$241	72 %	4	3	8	2	$295	❌	❌	❌	Y / Y	⭐️ 4.9 (9)	Profile
V Billiards \| Ping-Pong \| Foosball	$61,383	$208	75 %	4	4	12	1	$195	✅	❌	✅	Y / Y	⭐️ 4.7 (49)	Profile
W Wanna Get Away? 15 mins from DT/NRG/Galleria	$32,342	$132	60 %	4	3	8	1	$99	❌	❌	❌	Y / Y	⭐️ 4.9 (25)	Profile
X •Supreme Design\| Gated+BB Court•	$68,384	$346	54 %	4	4	11	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (20)	Profile
Y Lavish 4 BR Home near Midtown-Downtown-TMC-EADO	$51,826	$233	54 %	4	2	12	2	$160	❌	❌	✅	Y / Y	⭐️ 4.9 (43)	Profile
Z Comfort, Style and Charm in the heart of Houston	$45,755	$237	51 %	4	2	8	2	$100	❌	❌	❌	Y / Y	⭐️ 4.6 (172)	Profile
1 Spacious 4 bedroom home by NRG and Medical Center	$81,863	$316	67 %	4	2	11	1	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (70)	Profile
2 Lone Star in Medical center	$23,953	$88	68 %	4	2	10	2	$185	❌	❌	❌	Y / Y	⭐️ 4.8 (47)	Profile
3 Huge Family Home by Medical Center - Sleeps 20	$56,758	$299	48 %	4	4	16	4	$249	❌	❌	✅	Y / Y	⭐️ 4.8 (39)	Profile
4 Serene 3 Bed w/Bonus Loft \| Near Med Center	$49,505	$239	54 %	4	2	8	2	$185	❌	❌	❌	Y / Y	⭐️ 5 (4)	Profile
5 Med Center GOLD - In the Heart of it All!	$45,394	$256	46 %	4	2	10	2	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (97)	Profile
6 Little White Lighthouse-4BR/2B NRG/UH/TSU/MedCtr	$40,901	$170	62 %	4	2	6	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (98)	Profile
7 Midtown, Med Center, DT Home \| Games \| Patio BBQ	$150,717	$400	100 %	4	4	22	1	$230	❌	❌	✅	Y / Y	⭐️ 5 (2)	Profile
8 5 Minutes from Downtown • Large • Gated • Parks 5+	$68,691	$276	68 %	4	3	12	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (9)	Profile
9 Modern Spacious Houston Home	$52,947	$197	70 %	4	4	10	2	$248	❌	❌	❌	Y / N	⭐️ 5 (13)	Profile
a Luxury 4BD Home in Central Houston near Med Center	$40,700	$248	42 %	4	3	8	4	$150	❌	❌	✅	Y / Y	⭐️ 5 (125)	Profile
b Spacious Lux 4 BR Midtown/Museum District/Med Ctr	$42,902	$225	49 %	4	2	8	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (85)	Profile
c Upstairs Unit/2200SF/Gated In Houston!	$132,858	$484	75 %	4	2	15	2	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (8)	Profile
d GRACIOUS SPACERoomy and Minutes From Everything!	$61,187	$422	38 %	4	4	6	2	$75	❌	❌	✅	Y / Y	⭐️ 4.4 (10)	Profile
e 4BD Heart of Houston Hideaway	$72,541	$260	73 %	4	2	8	2	$140	❌	❌	✅	Y / Y	⭐️ 5 (1)	Profile

Operating Expenses

Monthly Expenses

$1,204

Annual Expenses

$14,449

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$749

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Mortgage & Taxes

Monthly Mortgage & Tax

$3,616

Annual Mortgage & Tax

$43,392

Downpayment

Purchase Price

$480,000

Percent Down

10%

Total Downpayment

$48,000

Total Loan Amount

$432,000

Mortgage Payment

Mortgage Length

30 years

Interest Rate

7.5%

Monthly Loan Payment

$3,020

Property Tax and PMI

Property Tax Yearly

0.99%

Property Tax Monthly

$396

Mortgage Insurance (PMI)

200%

Property Details

General Info

Lot size:

7,876 sqft

Year built:

1970

Size:

2,487 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale	Days on Market
4367 Varsity Ln	3	1	2,054	7,200	1946	$0	440
4368 Fiesta Ln	4	3	3,258	14,401	1944	$0	0
3909 Charleston St	3	1	2,095	10,075	1954	$0	0
4409 Charleston St	3	2	2,020	9,374	1946	$0	0
3851 Arbor St	3	2	1,754	6,599	1957	$0	40
4616 Rockwood Dr	3	3	2,769	7,261	1941	$0	41
3857 Wichita St	5	3	3,636	8,067	1975	$0	70
3941 Charleston St	3	2	1,471	9,148	1952	$0	0
3859 Arbor St	2	1	1,115	5,881	1957	$0	45
3528 Canfield St	2	1	1,972	5,001	1940	$0	0

Property Details

MLS Status: Active
Property Use: Single Family Residence
Stories: 1
Lot size:7,876 sqft
Building area: 2,487 sqft
Garage: 460 sqft
Heating: Central
Pool: No
Fireplaces: 0
Basem*nt: No basem*nt

Lot Info

Zoning: -
Land Use: Residential
Parcel Number: 0951680000019
Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $253,537

County Est. Land Value: $94,050

Assessed Land Value: $94,050

County Est. Structure Value: $159,487

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
11/13/23	$214,000	0%	Plan B Financial Llc
08/29/16	$0	0%	First Century Ents Inc
08/29/16	$0	0%	First Century Ents Inc
10/06/14	$0	0%	Kevin L Smith
08/28/12	$0	0%	Obelia Smith

Ownership

Name: Prestige New Investment Inc
Owner Occupied: No
Owner Mailing Address: 23318 Dunhill Ct, Katy, Tx 77494
Years Owned: 8
Home Equity: $205,600
Mortgage Balance Remaining: $180,600
Financed amount: 0%
Owner Type: Investor
Lien: No
Inherited: No
Forclosure: No

Schools

Elementary School: Lockhart Elementary School with 4 star rating
Middle School: Cullen Middle School with 3 star rating
High School: Yates High School with 2 star rating stars

Tax Calculator

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$32,127

Deductible property tax

$4,752

Est. Depreciation Value

$77,262

Loss on this property

-$8,532

Your total deduction

$122,674

So, your new taxable income is your previous income minus your total deduction ($150,000 - $122,674)

$27,325

Your old tax bill

$45,000

Your new tax bill

$8,197

Estimated tax savings

$36,802

4 bed • 2 bath • 12 guests • $480,000

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Annual Revenue

$5,916

Profit (Cash Flow)

-$51,684

Cap Rate

-1.8%

Annual Revenue

$5,916

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
AirDNA projects $243/night at 54% occupancy ($47,927). Airbtics projects $273/night at 56% occupancy ($55,838).

Occupancy Rate

Avg Daily Rate

Revenue Percentile

$5,916

25%

50%

75%

90%

100%

Airbnb Comparables

Identify comparable properties to benchmark against. Then adjust your nightly rates and occupancy rates accordingly.

Revenue/yr

Airbnb name	Revenue	Rate Per Night	Occupancy	Beds	Baths	Guests	Min nights	Cleaning	Pool	Hot Tub	Pets	Washer / Dryer	Reviews	Host
Modern 4 Bedroom 4 Full Bathroom Near Downtown!	$45,635	$208	57 %	4	4	14	1	$120	❌	❌	❌	Yes / Yes	⭐️ 4.9 (94)	Profile
Home & Studio Apartment	$24,589	$207	31 %	4	3	7	1	$100	❌	❌	❌	Yes / Yes	⭐️ 4.6 (29)	Profile
The Isabella Oasis	$38,742	$194	44 %	4	4	14	1	$250	❌	✅	❌	Yes / Yes	⭐️ 5 (55)	Profile
Recently renovated w/ big rooms & gated parking	$54,311	$294	46 %	4	4	10	1	$400	❌	✅	❌	Yes / Yes	⭐️ 5 (32)	Profile
Spacious Houston Home–Minutes from Downtown	$59,206	$278	53 %	4	3	16	2	$220	❌	❌	✅	Yes / Yes	⭐️ 4.5 (19)	Profile

Return Metrics

-70.89% cash on cash return is a poor return over the next 1 year.

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-70.89%

Cap Rate

-1.77%

Tax Calculator

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual Income

Your income tax rate

Taxes paid on $150,000

$45,000

If you buy this investment property, your estimated deduction will be...

Deductible mortgage interest

$32,127

Deductible property tax

$4,752

Your total deduction

$122,674

Your adjusted annual income

$150,000 - $122,674 = $27,325

Taxes on $27,325 (30%)

$8,197

Your old tax bill

$45,000

Your new tax bill

$8,197

Estimated tax savings

$36,802

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Investment Analysis of 3906 Palm St Houston, Texas 77004-6532 (2024)

Return Metrics

Investment Value Over Time

Annual Revenue

Operating Expenses

Mortgage & Taxes

Property Details

Tax Calculator

Tax Calculator

ryan hill

Annual Revenue

Airbnb Comparables

Return Metrics

Investment Value Over Time

Tax Calculator

References