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Buy this property and list it on Airbnb

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List a property you own on Airbnb

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BNBCalc Short Term Rental Investment Analysis 1018 Dodge Ave, Evanston, IL 60202

2 bed • 1 bath • 6 guests • $264,900

BNB

Calc

Annual Revenue

$56,014

Profit (Cash Flow)

$17,183

Cap Rate

13.2%

Annual Revenue

$56,014

AirDNA projects $202/night at 60% occupancy ($44,267). Airbtics projects $216/night at 71% occupancy ($56,013). Airbtics predicts this property will perform in the 50% revenue percentile

BNB Calc projects a 71% occupancy rate, $216 rate per night.

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

Percentiles25%50%75%90%
Revenue$31,292$42,435$70,145$141,131
Occupancy68%72%77%84%
Nightly Rate$121$155$241$449

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Larimer Park Carriage House
$65,015
$225
76%
232$90❌❌❌Y / Y⭐️ 5 (60)
"Bliss of Evanston" 180°view, 2BDR +2Bath Urbanlux
$84,507
$258
86%
222$110✅❌❌Y / Y⭐️ 5 (79)
"Serenity of Evanston" 2 BDR/2Bath Modern Suite
$56,253
$205
71%
222$110✅❌❌Y / Y⭐️ 5 (98)
The NICEST place in Evanston for Families 1500Main
$61,298
$212
79%
223$0❌❌❌Y / Y⭐️ 5 (88)
Stunning Coach House in Evanston, near Lake/NU
$54,606
$374
39%
223$199❌❌❌Y / Y⭐️ 5 (13)
1620 Thelin Court 2 (evanston)
$19,783
$72
61%
211$127❌❌❌Y / Y⭐️ 4.8 (104)
Ashland Ice Cream House
$37,180
$125
76%
212$60❌❌❌N / Y⭐️ 4.9 (267)
Stunning, Sunny Flat with Beautiful Backyard
$44,169
$155
74%
212$75❌❌✅Y / Y⭐️ 5 (157)
Fully furnished apt in downtown Evanston
$40,045
$117
89%
213$75❌❌❌Y / Y⭐️ 5 (229)
Vintage sunlit 2.5 BR apt. Perfect for families!
$39,699
$144
72%
212$70❌❌❌Y / Y⭐️ 5 (117)
"Hope of Evanston" 2BDR/2BTH
$104,917
$500
56%
222$115✅❌❌Y / Y⭐️ 5 (11)
"Faith of Evanston" 2 Bdr/2bath
$123,080
$500
66%
222$115✅❌❌Y / Y⭐️ 5 (5)
Crisp and Clean 2BD Getaway Near Downtown Evanston
$31,306
$113
72%
212$115❌❌❌Y / Y⭐️ 5 (216)
Cheerful 2 bd apt in central Evanston w/ king bed
$35,480
$137
70%
212$45❌❌❌Y / Y⭐️ 5 (182)
Light & Bright Garden close to NU / Loyola & shops
$32,564
$106
83%
212$100❌❌❌Y / Y⭐️ 4.7 (105)

Return Metrics

25.57% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$17,182$34,365$51,548$68,730$85,913$171,827$515,481
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$211,920$211,920$211,920$211,920$211,920$211,920$211,920
Down Payment$52,980$52,980$52,980$52,980$52,980$52,980$52,980
Property Appreciation$7,947$16,132$24,563$33,247$42,191$91,103$378,081
Total Return$290,029$315,397$341,011$366,878$393,005$527,830$1,158,462

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

25.57%

Cap Rate

13.23%

Return on Investment

41.28%

property-location

1018 Dodge Ave Evanston, IL, 60202

2 bed • 1 bath • 6 guests

Est. $1,271/mo

Agent

This property is for sale!

Contact Agent

Evanston

Zoning


Laws

145

Airbnb Investor Score

$17,182

Annual Profit

13.2%

Cap Rate

25.6%

Cash on Cash

$56,014

Annual Revenue

This property is projected to be in the top 50% revenue percentile compared to similar properties nearby.
Projected nightly rate is $202/night at 60% occupancy.Projected nightly rate is $216/night at 71% occupancy.

Top 61% of comparables

Top 34% of comparables


Seasonality

Sign up to view the full seasonality chart

15

Airbnb Comparables

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

$55,326

Avg annual revenue

71%

Avg occupancy rate

$216

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

$55k

$85k

$125k

Sign up to see the data on 15 all comparables

$17,183

Profit

Revenue

$56,014

Operating Expenses

$20,962

Operating Income

$35,052

Mortgage & Taxes

$17,869

Profit (Cash Flow)

$17,183

$67,177

Cash Investment

Down Payment

$52,980

Renos & Furnishing

$6,250

Closing Costs

$7,947

Total

$67,177

DSCR Ratio

Strong

1.96

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

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

25.57%

Cap Rate

13.23%

Profit (Cummulative)

$17,183

$211,920

$6,250

$7,947

$0

Total Gain

$27,732

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

$12,572

Deductible property tax

$2,623

Your total deduction

$9,923

Your adjusted annual income

$150,000 - $9,923 = $140,077


Taxes on $140,077 (30%)

$42,023

Your old tax bill

$45,000

Your new tax bill

$42,023


Estimated tax savings

$2,977

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:

-

Year built:

-

Size:

-

Type:

SFR

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: SFR
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

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

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -