BNBCalc Short Term Rental Investment Analysis 11008 Wade Park Ave Cleveland OH 44106

4 bed • 2 bath • 12 guests • $399,500

BNB

Calc

Annual Revenue

$69,239

Profit (Cash Flow)

$19,609

Cap Rate

11.7%

Annual Revenue

$69,239

AirDNA projects $207/night at 71% occupancy ($53,679). Airbtics projects $190/night at 60% occupancy ($41,637). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 71% occupancy rate, $267 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$25,048	$39,637	$66,355	$80,127
Occupancy	47%	59%	71%	80%
Nightly Rate	$143	$178	$249	$267

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Colorful 4 BR in the Heart of University Circle!	$42,738	$179	63%	4	3	2	$134	❌	❌	✅	Y / Y	⭐️ 4.9 (41)
Chic 4 BR: Minutes to Cleveland Clinic, CWRU & UH!	$48,717	$179	71%	4	3	2	$134	❌	❌	✅	Y / Y	⭐️ 4.8 (39)
Spacious Home Near Downtown, Little Italy, Clinic	$39,203	$156	65%	4	3	1	$80	❌	❌	❌	Y / Y	⭐️ 4.8 (128)
Home away from home, Diamond in the rough.	$46,750	$267	46%	4	3	2	$150	✅	❌	❌	Y / Y	⭐️ 4.8 (109)
University Circle Gem	$40,119	$149	70%	4	3	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (17)
West Saint James Living	$85,592	$265	88%	4	3	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (180)
House in the Heights 4br close to Downtown	$36,032	$178	55%	4	3	3	$75	❌	❌	❌	Y / Y	⭐️ 5 (107)
The Nest - near Clev Clinic and University Circle	$23,090	$104	57%	4	2	3	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (123)
Spacious Modern House next to Cleveland Clinic	$39,703	$158	67%	4	2	3	$80	❌	❌	❌	Y / Y	⭐️ 4.8 (123)
The Cozy Carriage House \| Next to CLE Clinic	$50,147	$173	78%	4	2	2	$105	❌	❌	❌	Y / Y	⭐️ 4.7 (122)
Beautiful single 4 bedroom home with free parking	$27,040	$121	57%	4	2	2	$110	❌	❌	✅	Y / Y	⭐️ 4.9 (56)
The Heart of Cleveland Heights	$27,117	$92	75%	4	2	1	$45	❌	❌	❌	Y / Y	⭐️ 4.8 (146)
Adorn635	$17,901	$79	54%	4	2	1	$100	❌	❌	❌	N / Y	⭐️ 4.8 (143)
Minutes from Downtown, Rock-N-Roll Hall of Fame.	$21,459	$143	41%	4	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (135)
4Bed/2Bath Full House in Cleveland Heights	$16,912	$92	44%	4	2	2	$275	❌	❌	✅	Y / N	⭐️ 4.5 (22)
Renovated Home Near Dt & Cleveland Clinic-King Bed	$55,417	$198	74%	4	2	3	$149	✅	❌	✅	Y / Y	⭐️ 4.9 (53)
Twin of West Saint James	$89,675	$290	84%	4	3	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (93)
The Magic Manor	$33,633	$115	76%	4	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (78)
Hideaway in the Heights!	$48,701	$175	66%	4	3	2	$300	❌	❌	✅	Y / Y	⭐️ 5 (9)
Family/pet-friendly vintage Cleveland Heights home	$43,603	$144	80%	4	2	1	$150	❌	❌	✅	Y / Y	⭐️ 4.9 (56)
Cleveland rockefeller mansion 4 bed, 2.5 bath	$68,540	$258	70%	4	3	7	$400	❌	❌	✅	Y / Y	⭐️ 4.3 (3)
5 Min Drive to Cleve Clinic-First Fl Bed/Bath	$49,863	$262	52%	4	3	5	$400	❌	❌	✅	Y / Y	⭐️ 4.4 (10)
Breakfast at Tiffany’s	$87,248	$274	87%	4	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (15)
C- Suite @ the Fairmount Chateau	$28,034	$158	47%	4	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (3)
Work/Travel/Home away from Home	$37,662	$245	42%	4	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (3)
Nice & Cozy Single Family Home. 6•Beds	$43,012	$226	52%	4	2	1	$0	✅	❌	❌	N / N	⭐️ 4.7 (54)
Beautiful spacious house perfect for a family	$53,480	$323	44%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (3)
Cozy 4 Bedroom House near CWRU, CIM, Clinic, UH	$25,802	$150	47%	4	2	7	$100	❌	❌	❌	Y / Y	⭐️ 4.5 (6)
Luxury 4 BR Near Cleveland Clinic, UH & CWRU!	$70,614	$227	85%	4	3	2	$0	❌	❌	✅	Y / Y	⭐️ 0 (4)
Modern 4BR Gem: Minutes to Cleveland Clinic	$47,173	$177	71%	4	3	2	$115	❌	❌	❌	Y / Y	⭐️ 4.7 (10)
Construction Crew House Sleeps 8 w/ Free Parking	$49,370	$249	53%	4	3	5	$400	❌	❌	✅	Y / Y	⭐️ 0 (0)
Outpatient Bungalow with First Fl Bed/Bath	$37,068	$211	48%	4	1	5	$300	❌	❌	✅	Y / Y	⭐️ 4.8 (12)
Moxie House Cleveland	$23,691	$140	45%	4	2	1	$60	❌	❌	✅	Y / Y	⭐️ 5 (5)
10 Mins to Cleveland Downtown & Clinic	$26,595	$121	56%	4	2	2	$130	❌	❌	❌	N / Y	⭐️ 4.9 (159)
Quiet 4 bed close to Cleveland Clinic	$56,730	$250	62%	4	4	7	$250	❌	❌	✅	Y / Y	⭐️ 5 (1)
Entire Cleveland Heights Remodeled Home!	$22,150	$89	68%	4	2	2	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (148)
Spacious newly renovated home	$47,414	$238	54%	4	2	3	$120	✅	❌	❌	Y / Y	⭐️ 0 (0)
Huge House for Construction Crews-Free Parking	$74,481	$275	74%	4	3	5	$0	❌	❌	✅	Y / Y	⭐️ 0 (1)

Return Metrics

19.15% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$19,609	$39,218	$58,827	$78,436	$98,045	$196,091	$588,275
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$319,600	$319,600	$319,600	$319,600	$319,600	$319,600	$319,600
Down Payment	$79,900	$79,900	$79,900	$79,900	$79,900	$79,900	$79,900
Property Appreciation	$11,985	$24,329	$37,044	$50,140	$63,629	$137,394	$570,191
Total Return	$431,094	$463,047	$495,371	$528,077	$561,175	$732,986	$1,557,966

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

19.15%

Cap Rate

11.65%

Return on Investment

34.69%

11008 Wade Park Ave Cleveland OH 44106 Cleveland, OH, 44106

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,916/mo

Inquire about this property

Contact Agent

$399,500

Zestimate

Cleveland

Guide

Zoning

Market

Guide

Laws

Market Data

$69,239

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
AirDNA projects $207/night at 71% occupancy ($53,679.91). Airbtics projects $190/night at 60% occupancy ($41,637).

Occupancy Rate

Top 28% of comparables

Avg Daily Rate

Top 11% of comparables

Seasonality

40 Airbnb Comparables

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

$42,952

Avg annual revenue

60%

Avg occupancy rate

$190

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

$15k

$40k

$65k

$90k

$19,609

Profit

Revenue

$69,239

Operating Expenses

$22,681

Operating Income

$46,558

Mortgage & Taxes

$26,949

Profit (Cash Flow)

$19,609

$102,385

Cash Investment

Down Payment

$79,900

Renos & Furnishing

$10,500

Closing Costs

$11,985

Total

$102,385

DSCR Ratio

Strong

1.73

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

19.15%

Cap Rate

11.65%

Return on Investment

34.69%

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

$18,961

Deductible property tax

$3,955

Your total deduction

$68,422

Your adjusted annual income

$150,000 - $68,422 = $81,578

Taxes on $81,578 (30%)

$24,473

Your old tax bill

$45,000

Your new tax bill

$24,473

Estimated tax savings

$20,527

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:

12,675 sqft

Year built:

1900

Size:

3,286 sqft

Type:

SFR

Parking:

Heating:

Hot Water

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1491 E 108th St	5	3	2,568	-	7,500	1910	$0	-
1195 E 98th St	3	1	1,384	-	8,928	1900	$0	-
10804 Wade Park Ave	4	2	2,459	-	13,154	1955	$350,000	-
11114 Wade Park Ave	5	2	2,520	-	10,200	1925	$132,000	-
11103 Wade Park Ave	8	1	3,119	-	13,300	1900	$0	-
1520 E 106th St	5	1	2,166	-	7,500	1910	$128,700	-
1516 E 106th St	5	1	2,174	-	6,250	1910	$129,200	-
11501 Wade Park Ave	4	1	2,646	-	7,980	1910	$429,000	-
1506 E 108th St	4	1	3,086	-	6,650	1900	$180,000	214
11417 Wade Park Ave	5	2	2,626	-	8,540	1910	$489,000	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: -

Lot size: 12,675 sqft

Building area: 3,286 sqft

Garage: Yes

Heating: Hot water

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: L1F

Land Use: Residential

Parcel Number: 120-20-028

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $69,270

County Est. Land Value: $77,700

Assessed Land Value: $27,200

County Est. Structure Value: $120,200

Market Estimate: -