BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Investment Analysis 1004 Nowell Ave, Joliet, IL, 60433

4 bed • 1 bath • 12 guests • $174,900

BNB

Calc

Annual Revenue

$65,875

Profit (Cash Flow)

$31,833

Cap Rate

24.9%

Annual Revenue

$65,875

AirDNA projects $225/night at 65% occupancy ($53,416). Airbtics projects $334/night at 54% occupancy ($65,875). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 54% occupancy rate, $334 rate per night.

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

Percentiles25%50%75%90%
Revenue$33,412$61,331$106,271$165,814
Occupancy36%55%72%85%
Nightly Rate$246$296$392$517

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Your favorite vacation spot
$71,180
$360
49%
43.51$300✅❌✅Y / Y⭐️ 4.5 (66)
Marvel - 4BRs, 2 BA & Game Rm
$61,898
$269
59%
422$200❌❌✅Y / Y⭐️ 4.5 (45)
Tranquil 4BR in Naper/Plainfld
$71,790
$255
71%
42.52$189✅❌❌Y / Y⭐️ 5 (76)
Cozy 4-bedroom ranch - minutes from everything
$61,348
$237
67%
432$189❌❌❌Y / Y⭐️ 5 (120)
Hot Tub, King, 4 ba, 5 be, 9 beds, Cosmos Stays
$148,247
$753
53%
442$195❌✅✅Y / Y⭐️ 4.9 (77)
Basement Lounge & Games | LCP Collection
$58,216
$241
66%
421$0❌❌✅Y / N⭐️ 5 (9)
Rejuvenate: 4BR, fenced yard
$68,398
$256
73%
41.52$0❌❌✅Y / Y⭐️ 5 (12)
Large Family Home w/Garage-King beds, Fast Wi-Fi
$91,774
$295
85%
43.52$0❌❌✅Y / Y⭐️ 5 (166)
Home in Coal City near I-55
$65,223
$176
100%
432$50❌❌❌Y / Y⭐️ 5 (20)
Modern, Spacious, & Convenient 4 BR/3.5 BA Home
$109,250
$578
51%
43.53$250❌❌❌Y / Y⭐️ 5 (71)
Cozy 4 Bed Ranch w Fenced Yard *Netflix
$50,201
$254
54%
42.51$0❌❌✅Y / Y⭐️ 5 (18)
Mid-Term 4Bed/2Bath, 2x King Beds, 2x Queen Beds
$76,354
$284
72%
4228$180❌❌✅Y / Y⭐️ 5 (14)
Luxury Willowbrook Getaway
$71,912
$307
64%
43.52$0❌❌✅Y / Y⭐️ 5 (20)
4BR Home - Near DuPage River | LCP Collection
$41,447
$298
38%
421$0❌❌✅Y / Y⭐️ 5 (11)
Plainfield Home w/ Game Room Near Harrah’s Casino!
$97,928
$389
65%
432$274❌❌❌Y / Y⭐️ 4.6 (11)
Cozy Family Home-Newly Renovated-Centrally Located
$30,450
$208
40%
421$0❌❌❌Y / Y⭐️ 5 (14)
2 Mi to Dtwn: Spacious Apartment in Joliet
$63,948
$192
91%
422$0❌❌✅Y / Y⭐️ 5 (3)
Beautiful Home in Joliet
$77,628
$281
72%
422$150❌❌✅Y / Y⭐️ 4.6 (8)
Pool Table and Fireplace by LCP Collection
$52,174
$297
48%
421$0✅❌✅Y / Y⭐️ 5 (5)
Hidden GEM OASIS in Chicagoland
$27,641
$236
32%
42.51$0✅❌✅Y / N⭐️ 4.5 (8)
Believe: Fully Updated
$77,674
$262
81%
421$0❌❌✅Y / Y⭐️ 5 (6)
Orland -Huntington Rental
$52,814
$390
37%
423$0❌❌✅Y / Y⭐️ 0 (2)
Charming 4-Bedroom Home Backyard 8 gusts
$46,101
$268
47%
421$0❌❌✅Y / Y⭐️ 4.5 (6)
Fast Wi-Fi/Comfy beds/Free parking/Getaway
$72,028
$246
80%
42.530$0✅❌❌Y / Y⭐️ 0 (2)
4 Bed RomeoRanch Hosted By Coast To Coast Housing
$55,348
$213
71%
4130$220❌❌✅Y / Y⭐️ 0 (0)
Modern Home in Trendy Neighborhood 40min - Chicago
$77,734
$354
60%
431$0❌❌❌Y / Y⭐️ 4.7 (18)
Peaceful Oasis
$85,359
$299
78%
4321$0❌❌✅Y / Y⭐️ 0 (0)
Beautiful Home Near Chicago
$67,855
$515
36%
42.510$199✅❌❌Y / Y⭐️ 5 (33)
Plainfield Hidden Gem 2 King Beds
$62,586
$300
57%
421$0❌❌✅Y / Y⭐️ 0 (0)
3k Sq. Foot furnished pet friendly 4 bed/3.5 bath
$125,082
$356
96%
43.528$295✅❌✅Y / Y⭐️ 5 (9)
Bolingbrook 4B 2ba Sleeps 8| LCP Collection
$40,073
$238
46%
421$0❌❌✅Y / Y⭐️ 5 (6)
KING BED All New Furniture
$64,782
$177
100%
433$0❌❌✅Y / Y⭐️ 5 (2)

Return Metrics

63.06% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$31,833$63,666$95,500$127,333$159,167$318,334$955,002
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$139,920$139,920$139,920$139,920$139,920$139,920$139,920
Down Payment$34,980$34,980$34,980$34,980$34,980$34,980$34,980
Property Appreciation$5,247$10,651$16,217$21,951$27,857$60,150$249,628
Total Return$211,980$249,218$286,618$324,185$361,924$553,384$1,379,530

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

63.06%

Cap Rate

24.94%

Return on Investment

76.86%

property-location

1004 Nowell Ave Joliet, Illinois, 60433

4 bed • 1 bath • 12 guests

Est. $839/mo

Agent

Inquire about this property

Contact Agent

Joliet

Zoning


Laws

351

Airbnb Investor Score

$31,833

Annual Profit

24.9%

Cap Rate

63.1%

Cash on Cash

$65,875

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $225/night at 65% occupancy.Projected nightly rate is $334/night at 54% occupancy.

Top 51% of comparables

Top 36% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$62,177

Avg annual revenue

54%

Avg occupancy rate

$334

Avg nightly rate


🏊‍♂️ Pool
🛁 Hot tub
🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$20k

$60k

$105k

$150k

Sign up to see the data on 40 all comparables

$31,833

Profit

Revenue

$65,875

Operating Expenses

$22,244

Operating Income

$43,632

Mortgage & Taxes

$11,798

Profit (Cash Flow)

$31,833

$50,477

Cash Investment

Down Payment

$34,980

Renos & Furnishing

$10,250

Closing Costs

$5,247

Total

$50,477

DSCR Ratio

Strong

3.70

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

63.06%

Cap Rate

24.94%

Profit (Cummulative)

$31,833

$139,920

$10,250

$5,247

$0

Total Gain

$38,799

STR Tax Calculator (USA)

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 est deduction will be...

Deductible mortgage interest

$8,301

Deductible property tax

$1,732

Your total deduction

-$13,092

Your adjusted annual income

$150,000 - -$13,092 = $163,092


Taxes on $163,092 (30%)

$48,928

Your old tax bill

$45,000

Your new tax bill

$48,928


Estimated tax savings

-$3,928

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com

Property Overview

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

Lot size:

9,120 sqft

Year built:

1947

Size:

1,232 sqft

Type:

SINGLE_FAMILY

Parking:

1

Heating:

Natural Gas, Forced Air

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 1
  • Lot size: 9,120 sqft
  • Building area: 1,232 sqft
  • Garage: Yes
  • Heating: Natural gas, forced air
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air
  • View: -
  • Parking: On Site, Garage Owned, Attached, Garage
  • Amenities: -
  • Price per square foot: $141

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 3007221140020000
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $146,184
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • Middle School: Washington Jr High & Academy Prgm with 5/10 star rating
  • High School: Joliet Central High School with 4/10 star rating