BNBCalc Short Term Rental Rental Arbitrage Analysis 1305 S Michigan Ave

1 bed • 1 bath • 3 guests • $0

BNB

Calc

Annual Revenue

$24,325

Profit (Cash Flow)

-$13,637

Cash on Cash Return

-313.5%

Annual Revenue

$24,325

AirDNA projects $242/night at 58% occupancy ($51,265). Airbtics projects $148/night at 45% occupancy ($24,325). Airbtics predicts this property will perform in the 52% revenue percentile

BNB Calc projects a 45% occupancy rate, $148 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$16,982	$22,951	$29,683	$37,204
Occupancy	29%	41%	59%	63%
Nightly Rate	$134	$136	$139	$184

Return Metrics

-313.49% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$13,637	-$27,274	-$40,911	-$54,548	-$68,185	-$136,370	-$409,110
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0	$0	$0
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$0	$0	$0	$0	$0	$0	$0
Total Return	-$13,637	-$27,274	-$40,911	-$54,548	-$68,185	-$136,370	-$409,110

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-313.49%

Payback Period Days

Return on Investment

-313.49%

1305 S Michigan Ave Chicago, Illinois, 60605

1 bed • 1 bath • 3 guests

Monthly Rent

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Contact Agent

$2,199

Zestimate

Chicago

Guide

Zoning

Market

Guide

Laws

Market Data

$24,325

Annual Revenue

This property is projected to be in the top 52% revenue percentile compared to similar properties nearby.
Projected nightly rate is $242/night at 58% occupancy.Projected nightly rate is $148/night at 45% occupancy.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 21% of comparables

-$13,637

Profit

Revenue

$24,325

Operating Expenses

$15,162

Operating Income

$9,163

Net Effective Rent

$22,800

Profit (Cash Flow)

-$13,637

$4,350

Cash Investment

Renos & Furnishing

$4,250

Setup Costs

$100

Total

$4,350

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

-313.49%

Payback Period Days