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BNBCalc Short Term Rental Investment Analysis 118 Morningside Dr, Chattanooga, TN, 37404

4 bed • 3 bath • 12 guests • $518,700

BNB

Calc

Annual Revenue

$67,789

Profit (Cash Flow)

$10,307

Cap Rate

8.7%

Annual Revenue

$67,789

AirDNA projects $228/night at 56% occupancy ($46,634). Airbtics projects $290/night at 64% occupancy ($67,789). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 64% occupancy rate, $290 rate per night.

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

Percentiles25%50%75%90%
Revenue$45,254$59,148$92,547$126,501
Occupancy56%61%73%82%
Nightly Rate$214$255$336$409

Seasonality (Profit by Month)

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Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
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Return Metrics

7.92% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$10,306$20,613$30,920$41,227$51,534$103,068$309,204
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$414,960$414,960$414,960$414,960$414,960$414,960$414,960
Down Payment$103,740$103,740$103,740$103,740$103,740$103,740$103,740
Property Appreciation$15,561$31,588$48,097$65,101$82,615$178,389$740,321
Total Return$544,567$570,902$597,717$625,028$652,849$800,157$1,568,225

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

7.92%

Cap Rate

8.73%

Return on Investment

23.8%

property-location

118 Morningside Dr Chattanooga, Tennessee, 37404

4 bed • 3 bath • 12 guests

Est. $2,488/mo

Agent

Inquire about this property

Contact Agent

$518,700

Zestimate

Chattanooga

Guide

Zoning

Guide


Laws

57

Airbnb Investor Score

$10,306

Annual Profit

8.7%

Cap Rate

7.9%

Cash on Cash

$67,789

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
AirDNA projects $228/night at 56% occupancy ($46,634.35). Airbtics projects $290/night at 64% occupancy ($67,789).

Top 41% of comparables

Top 36% 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.

$70,529

Avg annual revenue

64%

Avg occupancy rate

$290

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

$25k

$80k

$130k

$190k

Sign up to see the data on 40 all comparables

$10,307

Profit

Revenue

$67,789

Operating Expenses

$22,493

Operating Income

$45,297

Mortgage & Taxes

$34,990

Profit (Cash Flow)

$10,307

$130,051

Cash Investment

Down Payment

$103,740

Renos & Furnishing

$10,750

Closing Costs

$15,561

Total

$130,051

DSCR Ratio

Strong

1.29

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

7.92%

Cap Rate

8.73%

Profit (Cummulative)

$10,307

$414,960

$10,750

$15,561

$0

Total Gain

$30,964

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

$24,618

Deductible property tax

$5,135

Your total deduction

$103,125

Your adjusted annual income

$150,000 - $103,125 = $46,875


Taxes on $46,875 (30%)

$14,062

Your old tax bill

$45,000

Your new tax bill

$14,062


Estimated tax savings

$30,938

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:

0.33 sqft

Year built:

1910

Size:

2,889 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Electric, Natural Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: -
  • Lot size: 0.33 sqft
  • Building area: 2,889 sqft
  • Garage: No
  • Heating: Electric, natural gas
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air, Electric
  • View: -
  • Parking: Driveway, Gated, Off Street
  • Amenities: Washer/Dryer, Refrigerator, Microwave, Electric Range, Double Oven, Dishwasher
  • Price per square foot: $179

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 156b B 030
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $238,100
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $518,700


Schools

  • Middle School: Orchard Knob Middle School with 2/10 star rating
  • High School: The Howard School with 3/10 star rating