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BNBCalc Short Term Rental Investment Analysis 111 Simms Rd, Berlin, CT, 06037

4 bed โ€ข 3 bath โ€ข 12 guests โ€ข $399,000

BNB

Calc

Annual Revenue

$81,099

Profit (Cash Flow)

$29,961

Cap Rate

14.3%

Annual Revenue

$81,099

AirDNA projects $158/night at 56% occupancy ($32,316). Airbtics projects $364/night at 61% occupancy ($81,098). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 61% occupancy rate, $364 rate per night.

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

Percentiles25%50%75%90%
Revenue$43,240$79,631$117,160$157,172
Occupancy49%61%71%79%
Nightly Rate$237$348$441$532

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
The Newington Pool House

No image available

$51,774
$323
42%
41.52$175โœ…โŒโœ…Y / Yโญ๏ธ 4.5 (47)
Workers/Families - Home Away From Home

No image available

$28,333
$150
50%
41.55$100โŒโŒโŒY / Yโญ๏ธ 4.5 (15)
Relax by the water in a 4 bedroom house

No image available

$80,963
$334
65%
422$150โŒโŒโŒY / Yโญ๏ธ 5 (80)
#11 -* 4 Bedrooms, 3 Baths! Sleeps up to 10

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$95,678
$297
85%
432$200โŒโŒโŒY / Yโญ๏ธ 5 (31)
Modern 4BDRM West Hartford Home In Great Location!

No image available

$58,014
$259
59%
43.52$120โŒโŒโŒY / Yโญ๏ธ 4.5 (47)
Moose Lodge @ Clatter Ridge Farm

No image available

$121,821
$460
72%
432$150โŒโŒโŒY / Yโญ๏ธ 5 (112)
Prime West Hartford Center: Timeless Charm

No image available

$90,908
$311
78%
41.52$150โŒโŒโœ…Y / Yโญ๏ธ 5 (43)
Family-Friendly 4BR Home | King Bed + Parking

No image available

$46,938
$172
71%
413$117โŒโŒโœ…Y / Yโญ๏ธ 4.5 (92)
#10 *THE ULTIMATE AIRBNB GETAWAY!*

No image available

$70,896
$304
61%
42.51$150โŒโŒโœ…Y / Yโญ๏ธ 5 (88)
#9 - *STUNNING*RENOVATED* *4BR HOUSE*

No image available

$47,703
$198
62%
413$125โŒโŒโŒY / Yโญ๏ธ 5 (107)
Elegant Middlefield Getaway w/ Game Room!

No image available

$128,042
$576
60%
42.52$171โŒโŒโŒY / Yโญ๏ธ 5 (34)
Beautiful 5 Bedroom West Hartford House!

No image available

$132,164
$452
79%
42.52$160โŒโŒโŒY / Yโญ๏ธ 5 (51)
Charming River Home

No image available

$70,707
$255
72%
423$140โŒโŒโŒY / Yโญ๏ธ 5 (28)
The Luxe Cape ~ 4 Bedroom ~ Centrally Located

No image available

$41,428
$130
82%
411$100โŒโŒโŒY / Yโญ๏ธ 5 (116)
Private and spacious indoor and out!

No image available

$61,871
$396
42%
433$250โœ…โŒโœ…Y / Yโญ๏ธ 4.8 (33)
Beautiful Lake House on Lake Pocotopaug

No image available

$78,440
$401
49%
422$200โŒโŒโŒY / Yโญ๏ธ 5 (99)
#16 *A COZY GETAWAY* 4BED/3BATH HOME W/ FIRE PIT

No image available

$65,088
$216
78%
433$135โŒโŒโœ…Y / Yโญ๏ธ 5 (136)
Amazing Paradise King Bed, Private Pool, BBQ.

No image available

$111,710
$528
56%
41.52$289โœ…โŒโœ…Y / Yโญ๏ธ 5 (37)
Family Oasis 4bd/2ba Private Yard & POOL!

No image available

$90,294
$366
67%
422$225โœ…โŒโŒY / Yโญ๏ธ 5 (48)
Urban Luxury in Central CT w/ free RV parking

No image available

$44,875
$183
67%
432$0โŒโŒโŒY / Yโญ๏ธ 5 (36)
Cozy Cape on Farmington & Plainville Border

No image available

$65,730
$244
71%
41.52$195โŒโŒโœ…Y / Yโญ๏ธ 5 (28)
Waterfront Lake House

No image available

$82,026
$427
52%
42.51$100โŒโŒโŒY / Yโญ๏ธ 5 (39)
๐ŸŒ…A Sunrise Lake Retreat for Couples or Families๐ŸŒ…

No image available

$111,831
$444
68%
432$199โŒโŒโŒY / Yโญ๏ธ 5 (67)
4BR House- Central Location

No image available

$60,873
$308
54%
412$0โŒโŒโœ…Y / Yโญ๏ธ 5 (44)
Amazing lake house with beach!

No image available

$122,611
$497
67%
43.54$275โŒโŒโŒY / Nโญ๏ธ 5 (9)
A Relaxing Getaway Lake House

No image available

$63,211
$434
38%
423$250โŒโœ…โœ…Y / Yโญ๏ธ 5 (41)
Luxury Farmington Townhouse - 2 Master Suites

No image available

$74,920
$253
78%
43.55$195โŒโŒโŒY / Yโญ๏ธ 5 (15)
Direct riverfront luxury home!

No image available

$158,351
$912
44%
433$300โœ…โŒโŒY / Yโญ๏ธ 5 (4)
Little Cape in Collinsville

No image available

$22,693
$143
42%
423$197โŒโŒโŒY / Yโญ๏ธ 5 (94)
NY Style Luxe 3BR,2Ba Apt w/ jacuzzi &Free Parking

No image available

$92,719
$441
53%
423$280โŒโŒโœ…Y / Yโญ๏ธ 4.5 (6)
Japanese mid -century home w/ Hot Tub

No image available

$70,065
$418
45%
423$200โŒโœ…โœ…Y / Yโญ๏ธ 5 (39)
Gorgeous Luxury INDOOR POOL home

No image available

$123,745
$966
35%
42.51$0โœ…โŒโŒY / Yโญ๏ธ 4 (3)
The Artist House in Litchfield County

No image available

$131,494
$362
97%
443$80โœ…โŒโŒY / Yโญ๏ธ 5 (1)
Water front home with lake amenities

No image available

$120,671
$619
53%
432$200โŒโŒโŒY / Yโญ๏ธ 5 (52)
Home 4 Corp/Construc Crews, Insur Stays, & 30+ Day

No image available

$35,268
$219
44%
41.521$195โŒโŒโœ…N / Yโญ๏ธ 5 (9)
Lyfestone

No image available

$46,659
$363
33%
42.52$300โœ…โŒโœ…Y / Yโญ๏ธ 5 (14)
Beautiful lake-front, 4 bedrooms, 2.5 bathrooms

No image available

$104,490
$398
71%
42.52$200โŒโŒโŒY / Yโญ๏ธ 5 (126)
Historic Mansion, Gardens & Meadow

No image available

$27,442
$138
54%
422$25โŒโŒโŒN / Yโญ๏ธ 4.5 (168)
Cheerful 4-Bedroom/2-Bath Home in Great Location!

No image available

$57,010
$174
89%
4230$200โŒโŒโœ…Y / Yโญ๏ธ 4.7 (10)
Bohemian Four Bedroom Home

No image available

$119,933
$498
64%
432$120โŒโŒโŒY / Yโญ๏ธ 4.5 (28)

Return Metrics

29.22% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$29,960$59,921$89,881$119,842$149,803$299,606$898,819
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$319,200$319,200$319,200$319,200$319,200$319,200$319,200
Down Payment$79,800$79,800$79,800$79,800$79,800$79,800$79,800
Property Appreciation$11,970$24,299$36,998$50,078$63,550$137,222$569,477
Total Return$440,930$483,220$525,880$568,920$612,353$835,829$1,867,297

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

29.22%

Cap Rate

14.25%

Return on Investment

44.72%

property-location

111 Simms Rd Berlin, Connecticut, 06037

4 bed โ€ข 3 bath โ€ข 12 guests

Est. $1,914/mo

Agent

Inquire about this property

Contact Agent

164

Airbnb Investor Score

$29,960

Annual Profit

14.3%

Cap Rate

29.2%

Cash on Cash

$81,099

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $158/night at 56% occupancy.Projected nightly rate is $364/night at 61% occupancy.

Top 51% of comparables

Top 46% of comparables


Seasonality

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40

Airbnb Comparables

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

$80,234

Avg annual revenue

61%

Avg occupancy rate

$364

Avg nightly rate


๐ŸŠโ€โ™‚๏ธ Pool
๐Ÿ› Hot tub
๐Ÿถ Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$20k

$65k

$110k

$160k

Sign up to see the data on 40 all comparables

$29,961

Profit

Revenue

$81,099

Operating Expenses

$24,223

Operating Income

$56,876

Mortgage & Taxes

$26,915

Profit (Cash Flow)

$29,961

$102,520

Cash Investment

Down Payment

$79,800

Renos & Furnishing

$10,750

Closing Costs

$11,970

Total

$102,520

DSCR Ratio

Strong

2.11

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

29.22%

Cap Rate

14.25%

Profit (Cummulative)

$29,961

$319,200

$10,750

$11,970

$0

Total Gain

$45,850

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

$18,937

Deductible property tax

$3,950

Your total deduction

$11,051

Your adjusted annual income

$150,000 - $11,051 = $138,949


Taxes on $138,949 (30%)

$41,685

Your old tax bill

$45,000

Your new tax bill

$41,685


Estimated tax savings

$3,315

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:

1.3 sqft

Year built:

1950

Size:

3,342 sqft

Type:

SINGLE_FAMILY

Parking:

2

Heating:

Hot Water, Oil

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: -
  • Lot size: 1.3 sqft
  • Building area: 3,342 sqft
  • Garage: Yes
  • Heating: Hot water, oil
  • Pool: No
  • Fireplaces: 3
  • Basement: Yes
  • Cooling: Central Air
  • View: -
  • Parking: Detached, Driveway, Paved
  • Amenities: Oven/Range, Refrigerator, Water Heater
  • Price per square foot: $119

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 450351
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $316,300
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • Elementary School: Mary E. Griswold School with 7/10 star rating
  • Middle School: Catherine M. Mcgee Middle School with 6/10 star rating
  • High School: Berlin High School with 5/10 star rating