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BNBCalc Short Term Rental Investment Analysis 1251 South Alabama Street, Indianapolis, IN

3 bed • 3 bath • 9 guests • $450,000

BNB

Calc

Annual Revenue

$28,599

Profit (Cash Flow)

-$19,155

Cap Rate

2.5%

Annual Revenue

$28,599

AirDNA projects $251/night at 48% occupancy ($44,004). Airbtics projects $145/night at 54% occupancy ($28,598). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 54% occupancy rate, $145 rate per night.

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

Percentiles25%50%75%90%
Revenue$17,893$28,056$39,263$55,820
Occupancy45%55%63%67%
Nightly Rate$105$132$162$216

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
Sleeps 8 | Downtown Sites | Spacious Modern Getawa
$21,374
$129
44%
33.52$150❌❌❌Y / Y⭐️ 5 (31)
OMG! Downtown Modern • 8min to Downtown • 70in TV
$20,327
$84
60%
31.51$99❌❌✅Y / Y⭐️ 5 (100)
HGTV “Good Bones” 3-Bedroom Cozy Retreat
$23,896
$136
47%
321$100❌❌✅Y / Y⭐️ 5 (30)
Pet Friendly Bates Hendricks Jewel
$27,227
$128
52%
32.52$150❌❌✅Y / Y⭐️ 5 (47)
Modern & Cozy Haven ~ Close to Downtown!
$29,154
$114
62%
32.51$99❌❌✅Y / Y⭐️ 5 (67)
Big Blue | 2-story Home in Indy w/ downtown views
$27,129
$115
56%
32.51$110❌❌❌Y / Y⭐️ 5 (84)
Luxe Indy Home~5 Min Lucas Oil & Convention Center
$30,407
$141
56%
32.52$150❌❌❌Y / Y⭐️ 5 (41)
The 429
$22,088
$87
65%
332$105❌❌✅Y / Y⭐️ 5 (116)
The Tree House, perfect getaway!
$18,374
$139
33%
331$60❌❌❌Y / Y⭐️ 4.5 (30)
Sunrise House
$26,869
$104
66%
332$105❌❌✅Y / Y⭐️ 5 (172)
Walkable to Colts/Pacers/Conventions
$41,941
$171
62%
33.51$160❌❌✅Y / Y⭐️ 5 (95)
Bon Bon Bones Convention Center, Lucas Oil Stadium
$12,108
$99
32%
31.52$78❌❌✅Y / Y⭐️ 4.5 (48)
Nice house close to downtown
$26,485
$133
53%
322$125❌❌✅Y / Y⭐️ 4.5 (156)
Downtown 3/2.5 from HGTVs Good Bones!
$26,263
$106
66%
32.521$150❌❌✅Y / Y⭐️ 5 (73)
Sunshine Haven: In Bates Hendricks, Near Downtown
$22,884
$117
47%
321$110❌❌❌Y / Y⭐️ 5 (88)
Indy Charm
$19,853
$132
38%
321$70❌❌❌Y / Y⭐️ 5 (87)
Downtown Indy | Modern Build | 3BR & 3BA
$46,280
$205
59%
331$119❌❌❌Y / Y⭐️ 5 (108)
WOW! 3 Bedroom 2 Bath Downtown Home
$40,311
$176
58%
321$90❌❌✅Y / Y⭐️ 5 (328)
The Fig House | Lucas Oil Downtown
$24,942
$107
59%
321$80❌❌✅Y / Y⭐️ 5 (129)
*NEW* Large, New House Near Downtown Indy!!!
$44,258
$272
44%
33.52$95❌❌✅Y / Y⭐️ 5 (35)
Downtown Indianapolis Gem-sleeps 14!
$90,732
$370
67%
331$0❌❌❌Y / Y⭐️ 5 (9)
Indy Hotspots Nearby | Pet Friendly City Haven
$42,477
$160
71%
332$150❌❌✅Y / Y⭐️ 5 (12)
Stunning 3-bedroom home centrally located.
$39,245
$189
54%
331$125❌❌✅Y / Y⭐️ 5 (39)
Fountain Square Haven: Cozy 3BR Home
$35,373
$142
63%
331$145❌❌❌Y / Y⭐️ 4.5 (16)
Updated Downtown Indy, Great for groups.
$32,712
$268
32%
322$125❌❌❌Y / Y⭐️ 5 (89)
Charming Home Close to Downtown Indy!
$18,083
$85
50%
312$120❌❌✅Y / Y⭐️ 4.5 (23)
A Demure House
$36,600
$200
50%
333$0❌❌✅Y / Y⭐️ 5 (6)
Indy Adventure: Hot Tub, Arcade, Grill, Sleeps 8!
$42,098
$213
54%
322$0❌✅✅Y / Y⭐️ 5 (32)
Prime location very close to downtown.
$25,591
$152
46%
322$0❌❌❌Y / Y⭐️ 5 (15)
Cozy Comfort 2
$18,058
$73
64%
332$110❌❌✅Y / Y⭐️ 5 (7)
Free Parking! Walk to Stadium, ICC, Gainbridge
$17,341
$103
46%
322$0❌❌❌Y / Y⭐️ 5 (10)
DT Indy, Walk to Lucas Oil Stadium, Convention Cnt
$17,678
$115
42%
322$0❌❌❌Y / Y⭐️ 5 (12)
Mins to Downtown, 2 King Beds, Free Parking
$34,718
$153
62%
33.52$0❌❌❌Y / Y⭐️ 5 (21)
Mid-Term-Rental-2
$16,465
$65
65%
333$75❌❌❌Y / N⭐️ 4.5 (4)
The Red balcony, downtown Indy .
$31,110
$100
85%
332$95❌❌❌N / N⭐️ 4.3 (20)
Stylish, Newly Remodeled Gem | Perfect Location
$15,757
$123
35%
322$0❌❌❌Y / Y⭐️ 5 (15)
Circle City Charmer
$47,942
$153
83%
3230$90❌❌✅Y / Y⭐️ 5 (41)
Cozy Comfort 2
$25,189
$74
93%
3328$0❌❌✅Y / Y⭐️ 4.5 (13)

Return Metrics

-17.06% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$19,154-$38,309-$57,464-$76,619-$95,773-$191,547-$574,643
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$360,000$360,000$360,000$360,000$360,000$360,000$360,000
Down Payment$90,000$90,000$90,000$90,000$90,000$90,000$90,000
Property Appreciation$13,500$27,405$41,727$56,478$71,673$154,762$642,268
Total Return$444,345$439,095$434,262$429,859$425,899$413,214$517,624

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-17.06%

Cap Rate

2.48%

Return on Investment

-1.09%

property-location

1251 S Alabama St Indianapolis, Indiana, 46225

3 bed • 3 bath • 9 guests

Est. $2,158/mo

Agent

Inquire about this property

Contact Agent

$236,400

Zestimate

Indianapolis

Guide

Zoning

Market

Guide


Laws


Market Data

-66

Airbnb Investor Score

-$19,154

Annual Profit

2.5%

Cap Rate

-17.1%

Cash on Cash

$28,599

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $251/night at 48% occupancy.Projected nightly rate is $145/night at 54% occupancy.

Top 53% 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.

$29,466

Avg annual revenue

54%

Avg occupancy rate

$145

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

$10k

$35k

$65k

$90k

Sign up to see the data on 40 all comparables

-$19,155

Profit

Revenue

$28,599

Operating Expenses

$17,398

Operating Income

$11,201

Mortgage & Taxes

$30,356

Profit (Cash Flow)

-$19,155

$112,250

Cash Investment

Down Payment

$90,000

Renos & Furnishing

$8,750

Closing Costs

$13,500

Total

$112,250

DSCR Ratio

Weak

0.37

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-17.06%

Cap Rate

2.48%

Profit (Cummulative)

-$19,155

$360,000

$8,750

$13,500

$0

Total Gain

-$1,234

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

$21,357

Deductible property tax

$4,455

Your total deduction

$64,943

Your adjusted annual income

$150,000 - $64,943 = $85,057


Taxes on $85,057 (30%)

$25,517

Your old tax bill

$45,000

Your new tax bill

$25,517


Estimated tax savings

$19,483

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:

-

Year built:

-

Size:

2,000 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Forced Air

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: -
  • Lot size: -
  • Building area: 2,000 sqft
  • Garage: No
  • Heating: Forced air
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: Central Air
  • View: -
  • Parking: Off Street
  • Amenities: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
  • Price per square foot: $127

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 491113203029000101
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $101,400
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $254,800


Schools

  • High School: Arsenal Technical High School with 1/10 star rating