BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Investment Analysis 1219 E Elgin Ave

5 bed • 3 bath • 15 guests • $551,900

BNB

Calc

Annual Revenue

$43,504

Profit (Cash Flow)

-$13,061

Cap Rate

4.4%

Annual Revenue

$43,504

AirDNA projects $277/night at 43% occupancy ($43,504). Airbtics projects $225/night at 70% occupancy ($57,525). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 43% occupancy rate, $277 rate per night.

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

Percentiles25%50%75%90%
Revenue$35,318$52,388$86,458$122,224
Occupancy59%74%82%88%
Nightly Rate$158$186$279$368

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Spacious, 2 Desks, Dart Board

No image available

$36,989
$289
33%
423$270❌❌❌Y / Y⭐️ 5 (4)
BRAND new 5 bed 3.5 bath home Best location in SLC

No image available

$78,033
$458
45%
542$200❌❌❌Y / Y⭐️ 4.9 (23)
Bungalow w/4Bd (2 KINGS!) minutes from Ski Resorts

No image available

$52,012
$166
81%
421$200❌❌✅Y / Y⭐️ 5 (55)
Comfortable 4Br, 2Ba Millcreek/Sugarhouse Bungalow

No image available

$45,171
$138
88%
424$200❌❌❌Y / Y⭐️ 5 (102)
Millcreek Manor- near downtown SLC & 7 ski resorts

No image available

$65,684
$205
83%
421$200❌✅✅Y / Y⭐️ 5 (99)
Cheerful 5 bedroom home in Sugarhouse area in SLC

No image available

$47,565
$167
77%
522$100❌❌❌Y / Y⭐️ 4.8 (57)
BeUTAHful Modern Home w/Garage Close to Mountains

No image available

$47,962
$162
76%
422$145❌❌✅Y / Y⭐️ 5 (14)
*DEALS! Near SKI, Hot Tub, Private Home, Foosball

No image available

$44,001
$162
67%
423$225❌✅❌Y / Y⭐️ 4.8 (265)
Blue Ivy Oasis / New Remodel/ Two Car Garage!

No image available

$36,200
$105
88%
422$125❌❌❌Y / Y⭐️ 4.8 (62)
Steps to Sugarhouse Park!

No image available

$68,098
$226
80%
421$175❌❌✅Y / Y⭐️ 4.9 (240)
Full House + Private Hot Tub

No image available

$53,986
$161
88%
422$125❌✅✅Y / Y⭐️ 4.8 (78)
Modern Utah Home w/ Private Hot Tub

No image available

$78,813
$295
67%
422$269❌✅❌Y / Y⭐️ 4.3 (14)
Sugarhouse Gem! Hot Tub * Pets Ok * Fenced Yard *

No image available

$43,395
$149
72%
441$291❌✅✅Y / Y⭐️ 4.8 (48)
Sleeps 12, 6 beds with 2 hot tubs!

No image available

$63,166
$272
59%
641$160❌✅✅Y / Y⭐️ 5 (9)
Cozy Family Cottage - Central Location!

No image available

$52,849
$179
78%
422$200❌❌✅Y / Y⭐️ 5 (53)
4BR w/ Private Yard & Sunroom-30min to Ski Resorts

No image available

$39,352
$173
58%
422$185❌❌❌Y / Y⭐️ 5 (71)
Urban Ski-Business Escape: Up to 10 Guests

No image available

$34,555
$143
62%
442$175❌❌❌Y / Y⭐️ 4.8 (35)
Funky Brick Bungalow In Sugar House, SLC

No image available

$40,816
$132
82%
422$150❌❌✅Y / Y⭐️ 4.9 (33)
Holladay Hideaway-stylish, spacious, top location.

No image available

$71,150
$386
49%
541$275❌❌✅Y / Y⭐️ 4.8 (51)
Miner’s Bungalow

No image available

$54,538
$181
80%
422$160❌❌❌Y / Y⭐️ 5 (36)
ZenHaven is a relaxing and fun place for everyone!

No image available

$47,980
$150
85%
443$150❌❌❌Y / Y⭐️ 5 (71)
Sugar n' Sweet \ Walk Everywhere And Peaceful Gem

No image available

$28,309
$82
90%
422$130❌❌❌Y / Y⭐️ 4.8 (114)
Salt Lake City's Best Stay | Hot Tub | Arcade

No image available

$140,098
$411
91%
543$260❌✅✅Y / Y⭐️ 5 (58)
Spacious Townhomes with 2 Private Hot Tubs!

No image available

$74,726
$224
84%
641$149❌✅✅Y / Y⭐️ 5 (2)
Charming 5 BR home centrally located in SLC area!

No image available

$49,771
$178
75%
532$150❌❌❌Y / Y⭐️ 4.9 (80)
Riviera Lodge

No image available

$54,335
$200
71%
422$175❌✅✅Y / Y⭐️ 4.9 (22)
Cute house, centrally located

No image available

$56,634
$192
79%
423$175❌❌✅Y / N⭐️ 4.7 (10)
Great Home for Trips

No image available

$21,993
$90
59%
413$135❌❌✅Y / Y⭐️ 4.6 (91)
Beautiful and private SLC home - 5 bedrooms!

No image available

$38,161
$135
73%
523$200❌❌❌Y / Y⭐️ 4.8 (22)
Charm in the City

No image available

$72,628
$289
68%
532$100❌❌❌Y / Y⭐️ 5 (165)
Charming 6-bedroom home close to ski resorts.

No image available

$64,680
$250
67%
631$125❌❌✅Y / Y⭐️ 4.8 (88)
South Salt Lake Home w/ Hot Tub: 7 Mi to Downtown

No image available

$144,365
$655
59%
442$171❌✅❌Y / Y⭐️ 4.2 (16)
Cozy Salt Lake City Home: Hike, Ski & Explore!

No image available

$73,738
$366
53%
422$145❌❌❌Y / Y⭐️ 4 (31)
The Wanderlust House

No image available

$54,706
$171
86%
432$200❌❌✅Y / Y⭐️ 4.8 (34)
Has a gameroom! Near canyons & downtown

No image available

$62,896
$204
81%
532$200✅❌✅Y / Y⭐️ 5 (32)
Redondo Retreat - Updated Sugarhouse Home w/ loft

No image available

$59,303
$268
60%
432$225❌✅❌Y / Y⭐️ 4.8 (37)
Walkable location | Park | Restaurants | Hot tub

No image available

$57,989
$277
56%
423$200❌✅✅Y / Y⭐️ 4.8 (18)
Magical bungalow in the center of Sugar House

No image available

$96,851
$299
86%
433$300❌✅❌Y / Y⭐️ 5 (75)
Sit back and relax in Salt Lake City

No image available

$28,106
$132
47%
441$150❌❌❌Y / Y⭐️ 4.8 (25)

Return Metrics

-9.35% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$13,060-$26,121-$39,182-$52,243-$65,303-$130,607-$391,823
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$441,520$441,520$441,520$441,520$441,520$441,520$441,520
Down Payment$110,380$110,380$110,380$110,380$110,380$110,380$110,380
Property Appreciation$16,557$33,610$51,176$69,268$87,903$189,807$787,706
Total Return$555,396$559,389$563,893$568,925$574,499$611,099$947,783

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-9.35%

Cap Rate

4.37%

Return on Investment

6.38%

property-location

1219 Elgin Ave Salt Lake City, Utah, 84106

5 bed • 3 bath • 15 guests

Est. $2,647/mo

Agent

This property is for sale!

Contact Agent

Salt Lake City

Guide

Zoning

Market

Guide


Laws


Market Data

$43,504

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $277/night at 43% occupancy.Projected nightly rate is $225/night at 70% occupancy.

Top 93% of comparables

Top 26% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$57,769

Avg annual revenue

70%

Avg occupancy rate

$225

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

$20k

$60k

$100k

$145k

Sign up to see the data on 40 all comparables

-$13,061

Profit

Revenue

$43,504

Operating Expenses

$19,336

Operating Income

$24,169

Mortgage & Taxes

$37,229

Profit (Cash Flow)

-$13,061

$139,687

Cash Investment

Down Payment

$110,380

Renos & Furnishing

$12,750

Closing Costs

$16,557

Total

$139,687

DSCR Ratio

Weak

0.65

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-9.35%

Cap Rate

4.37%

Profit (Cummulative)

-$13,061

$441,520

$12,750

$16,557

$0

Total Gain

$8,918

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

$26,194

Deductible property tax

$5,464

Your total deduction

$82,406

Your adjusted annual income

$150,000 - $82,406 = $67,594


Taxes on $67,594 (30%)

$20,278

Your old tax bill

$45,000

Your new tax bill

$20,278


Estimated tax savings

$24,722

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:

2,614 sqft

Year built:

2010

Size:

1,691 sqft

Type:

SFR

Parking:

-

Heating:

Central

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
1208 E Painter Way421,542-1,3072010$0-
1209 E Painter Way321,477-1,3072011$0-
1565 E Evergreen Ln622,432-9,1481955$0-
601 E Garden Ave421,600-13,9391992$0-
1226 E 3545 S421,295-10,0191959$0-
1419 E Brookshire Dr431,400-8,7121954$0-
1004 E Welby Ave411,442-6,5341938$0-
1388 E Luck Spring Dr411,360-13,9391954$0-
1616 E Maple Ave211,286-20,0381938$0-
664 E Spring View Dr111,023-8,7121934$0-

Property Details

  • MLS Status: Active
  • Property Use: Single Family Residence
  • Stories: -
  • Lot size: 2,614 sqft
  • Building area: 1,691 sqft
  • Garage: Yes
  • Heating: Central
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: 1206
  • Land Use: Residential
  • Parcel Number: 16-29-277-045
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $385,440
  • County Est. Land Value: $108,200
  • Assessed Land Value: $59,510
  • County Est. Structure Value: $592,600
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
06/03/22$00%William Mulder
06/24/16$00%Susan Stephenson, Chris Stephenson
07/03/12$00%Greg Hawley, Jacqualine Hawley
12/22/08$00%Jl Salt Construction Inc, Dream Home Builders

Ownership

  • Name: William Mulder
  • Owner Occupied: Yes
  • Owner Mailing Address: 1219 E Elgin Ave, Millcreek, UT 84106
  • Years Owned: 29
  • Home Equity: $323,000
  • Mortgage Balance Remaining: $410,000
  • Financed amount: -
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No