BNBCalc Short Term Rental Investment Analysis 1127 N Main St, Fairmont, MN, 56031

4 bed • 2 bath • 12 guests • $346,300

BNB

Calc

Annual Revenue

$47,241

Profit (Cash Flow)

$4,059

Cap Rate

7.9%

Annual Revenue

$47,241

AirDNA projects $223/night at 58% occupancy ($47,240).

BNB Calc projects a 57.99999999999999% occupancy rate, $223 rate per night.

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

Return Metrics

4.5% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$4,059	$8,118	$12,177	$16,236	$20,295	$40,590	$121,771
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,402	$7,014	$10,848	$14,919	$19,242	$45,197	$277,040
Down Payment	$69,260	$69,260	$69,260	$69,260	$69,260	$69,260	$69,260
Property Appreciation	$10,389	$21,089	$32,111	$43,463	$55,156	$119,098	$494,260
Total Return	$87,110	$105,481	$124,397	$143,879	$163,954	$274,145	$962,332

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

4.5%

Cap Rate

7.91%

Return on Investment

19.8%

1127 N Main St Fairmont, Minnesota, 56031

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,661/mo

Inquire about this property

Contact Agent

$346,300

Zestimate

Airbnb Investor Score

$4,059

Annual Profit

7.9%

Cap Rate

4.5%

Cash on Cash

$47,241

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

Airbnb Comparables

Comparable data could not be found for this address

Avg annual revenue

Avg occupancy rate

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

$0k

$100k

$195k

$300k

$4,059

Profit

Revenue

$47,241

Operating Expenses

$19,821

Operating Income

$27,419

Mortgage & Taxes

$23,360

Profit (Cash Flow)

$4,059

$90,149

Cash Investment

Down Payment

$69,260

Renos & Furnishing

$10,500

Closing Costs

$10,389

Total

$90,149

DSCR Ratio

Acceptable

1.17

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

4.5%

Cap Rate

7.91%

Return on Investment

19.8%

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

$16,436

Deductible property tax

$3,428

Your total deduction

$31,697

Your adjusted annual income

$150,000 - $31,697 = $118,303

Taxes on $118,303 (30%)

$35,491

Your old tax bill

$45,000

Your new tax bill

$35,491

Estimated tax savings

$9,509

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:

0.28 sqft

Year built:

1947

Size:

1,646 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air, Natural Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 1

Lot size: 0.28 sqft

Building area: 1,646 sqft

Garage: Yes

Heating: Forced air, natural gas

Pool: No

Fireplaces: -

Basement: Yes

Cooling: Central Air

View: -

Parking: Concrete, Attached, Garage Door Opener

Amenities: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Price per square foot: $210

Lot Info

Zoning: -

Land Use: -

Parcel Number: 231620590

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $256,300

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $346,300

Schools