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BNBCalc Short Term Rental Investment Analysis 1045 James Ave N, Minneapolis, MN 55411

5 bed β€’ 2 bath β€’ 15 guests β€’ $240,000

BNB

Calc

Annual Revenue

$89,795

Profit (Cash Flow)

$48,252

Cap Rate

26.9%

Annual Revenue

$89,795

AirDNA projects $419/night at 47% occupancy ($71,927). Airbtics projects $447/night at 55% occupancy ($89,795). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 55% occupancy rate, $447 rate per night.

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

Percentiles25%50%75%90%
Revenue$64,008$92,730$118,591$168,089
Occupancy49%56%59%66%
Nightly Rate$336$430$521$660

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
Spacious Minneapolis Vacation Rental w/ Game Room!

No image available

$123,143
$658
49%
542$202❌❌❌Y / Y⭐️ 4.9 (23)
House of heART- Walkable NE Location

No image available

$102,750
$436
59%
531$200❌❌❌Y / Y⭐️ 5 (185)
Charming Home in the Heart of the City!

No image available

$118,783
$462
65%
532$200βŒβŒβœ…Y / Y⭐️ 5 (54)
Spacious 5BR3BA home in NE Arts District

No image available

$93,771
$424
58%
533$240βŒβŒβœ…Y / Y⭐️ 4.8 (52)
Large 5 Bedroom Sleeps 8! Close 2 Everything MNPLS

No image available

$75,893
$256
81%
5314$0❌❌❌Y / Y⭐️ 4.2 (6)
MSP Cozy Retreat, Near Park, Beach, Lakes, DT

No image available

$84,908
$402
55%
534$200βŒβŒβœ…Y / Y⭐️ 5 (40)
Grand Minneapolis Mansion on Pillsbury

No image available

$125,000
$680
48%
562$250βœ…βŒβŒY / Y⭐️ 5 (31)
Spaces Beautiful 5 bdrs Home

No image available

$34,902
$298
32%
531$0βŒβŒβœ…Y / Y⭐️ 3.8 (4)
Retro Urban Retreat + Rooftop Deck | MPLS

No image available

$69,911
$315
59%
532$200❌❌❌Y / Y⭐️ 4.8 (28)
The Blais - Speakeasy Basement, 5 Mins To Downtown

No image available

$104,035
$541
50%
543$350❌❌❌Y / Y⭐️ 4.8 (15)

Return Metrics

71.27% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$48,252$96,504$144,756$193,008$241,261$482,522$1,447,566
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$192,000$192,000$192,000$192,000$192,000$192,000$192,000
Down Payment$48,000$48,000$48,000$48,000$48,000$48,000$48,000
Property Appreciation$7,200$14,616$22,254$30,122$38,225$82,539$342,542
Total Return$295,452$351,120$407,011$463,130$519,486$805,062$2,030,109

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

71.27%

Cap Rate

26.85%

Return on Investment

85.39%

property-location

1045 James Ave N Minneapolis, MN, 55411

5 bed β€’ 2 bath β€’ 15 guests

Est. $1,151/mo

Agent

This property is for sale!

Contact Agent

390

Airbnb Investor Score

$48,252

Annual Profit

26.9%

Cap Rate

71.3%

Cash on Cash

$89,795

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
AirDNA projects $419/night at 47% occupancy ($71,927.5). Airbtics projects $447/night at 55% occupancy ($89,795).

Top 51% of comparables

Top 41% of comparables


Seasonality

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10

Airbnb Comparables

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

$93,309

Avg annual revenue

55%

Avg occupancy rate

$447

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$35k

$65k

$95k

$125k

Sign up to see the data on 10 all comparables

$48,252

Profit

Revenue

$89,795

Operating Expenses

$25,353

Operating Income

$64,442

Mortgage & Taxes

$16,190

Profit (Cash Flow)

$48,252

$67,700

Cash Investment

Down Payment

$48,000

Renos & Furnishing

$12,500

Closing Costs

$7,200

Total

$67,700

DSCR Ratio

Strong

3.98

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

71.27%

Cap Rate

26.85%

Profit (Cummulative)

$48,252

$192,000

$12,500

$7,200

$0

Total Gain

$57,810

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

$11,391

Deductible property tax

$2,376

Your total deduction

-$22,751

Your adjusted annual income

$150,000 - -$22,751 = $172,751


Taxes on $172,751 (30%)

$51,825

Your old tax bill

$45,000

Your new tax bill

$51,825


Estimated tax savings

-$6,825

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:

MFR

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: MFR
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • 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: -