BNBCalc Short Term Rental Investment Analysis 1366 E 111th St, Cleveland, OH, 44106

4 bed • 3 bath • 12 guests • $289,900

BNB

Calc

Annual Revenue

$40,728

Profit (Cash Flow)

$2,198

Cap Rate

7.5%

Annual Revenue

$40,728

AirDNA projects $221/night at 69% occupancy ($55,696). Airbtics projects $189/night at 59% occupancy ($40,728). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 59% occupancy rate, $189 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$26,359	$43,784	$59,350	$77,997
Occupancy	46%	65%	70%	77%
Nightly Rate	$153	$179	$225	$267

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Chic 4 BR: Minutes to Cleveland Clinic, CWRU & UH!	$53,421	$175	79%	4	2.5	2	$134	❌	❌	✅	Y / Y	⭐️ 5 (44)
Colorful 4 BR in the Heart of University Circle!	$51,039	$173	77%	4	2.5	2	$134	❌	❌	✅	Y / Y	⭐️ 5 (43)
The Nest - near Clev Clinic and University Circle	$29,611	$111	69%	4	2	3	$75	❌	❌	❌	Y / Y	⭐️ 5 (131)
Adorn635	$20,332	$84	57%	4	1.5	1	$100	❌	❌	❌	N / Y	⭐️ 5 (152)
Spacious Family Getaway - Near Cleveland Clinic	$51,911	$177	78%	4	2	2	$105	❌	❌	❌	Y / Y	⭐️ 4.5 (129)
Work/Travel/Home away from Home	$24,519	$203	33%	4	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (4)
The Heart of Cleveland Heights	$26,212	$101	67%	4	1.5	1	$45	❌	❌	❌	Y / Y	⭐️ 5 (170)
Spacious Home Near Downtown, Little Italy, Clinic	$41,871	$155	69%	4	3	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (149)
Nice & Cozy Single Family Home. 6•Beds	$42,372	$227	51%	4	1.5	2	$0	✅	❌	❌	N / N	⭐️ 4.5 (64)
Spacious Modern House next to Cleveland Clinic	$41,630	$170	66%	4	2	3	$80	❌	❌	❌	Y / Y	⭐️ 5 (128)
Beautiful single 4 bedroom home with free parking	$27,476	$131	55%	4	2	2	$110	❌	❌	✅	Y / Y	⭐️ 5 (58)
West Saint James Living	$72,631	$286	69%	4	2.5	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (187)
Entire Home Near Downtown & Clinic-King Bed	$52,654	$202	70%	4	1.5	3	$149	✅	❌	✅	Y / Y	⭐️ 5 (59)
House in the Heights 4br close to Downtown	$32,318	$190	46%	4	2.5	3	$75	❌	❌	❌	Y / Y	⭐️ 5 (114)
Family/pet-friendly vintage Cleveland Heights home	$48,070	$168	76%	4	1.5	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (68)
Modern 4BR Gem: Minutes to Cleveland Clinic	$41,566	$181	60%	4	3	2	$115	❌	❌	❌	Y / Y	⭐️ 4.5 (13)
Entire Cleveland Heights Remodeled Home!	$20,159	$102	54%	4	2	2	$0	❌	❌	✅	Y / Y	⭐️ 4.5 (160)
The Magic Manor	$36,265	$130	74%	4	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (88)
Best Fun House \| Pet Friendly \| Packed with Games	$46,865	$172	68%	4	1.5	2	$175	❌	❌	✅	Y / Y	⭐️ 4.5 (80)
Spacious newly renovated home	$35,465	$240	40%	4	2	3	$120	✅	❌	❌	Y / Y	⭐️ 0 (1)
4Bed/2Bath Full House in Cleveland Heights	$16,498	$84	44%	4	2	2	$275	❌	❌	✅	Y / N	⭐️ 4.5 (22)
Beautiful spacious house perfect for a family	$46,127	$343	35%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (4)
Breakfast at Tiffany’s	$35,604	$256	38%	4	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (17)
University Circle Gem	$40,119	$149	70%	4	3	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (17)
Luxury 4 BR Near Cleveland Clinic, UH & CWRU!	$56,130	$213	72%	4	3	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (13)
Home Away From Home	$18,148	$265	17%	4	2	1	$139	❌	❌	✅	Y / Y	⭐️ 4.5 (36)
Cozy 4 Bedroom House near CWRU, CIM, Clinic, UH	$29,591	$147	55%	4	2	7	$100	❌	❌	❌	Y / Y	⭐️ 4.5 (6)
Modern, Walk to Clinic, Games, Fire Pit & Hot Tub	$78,287	$310	69%	4	2	2	$0	❌	✅	✅	Y / Y	⭐️ 5 (22)
Beautiful house close to CWRU, CCF & UH	$51,181	$184	76%	4	2	2	$0	❌	❌	✅	Y / Y	⭐️ 4.5 (8)
Twin of West Saint James	$64,523	$298	59%	4	2.5	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (100)
10 Mins to Cleveland Downtown & Clinic	$26,595	$121	56%	4	2	2	$130	❌	❌	❌	N / Y	⭐️ 4.9 (159)
The Knocking Bird- Mins to CLE Clinic	$53,685	$193	76%	4	1.5	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (18)
Moxie House Cleveland	$19,186	$189	26%	4	2	1	$60	❌	❌	✅	Y / Y	⭐️ 5 (5)
1st Floor Bed & Game Room & King bed /Near Clinic	$49,893	$213	64%	4	2.5	3	$0	✅	❌	✅	Y / Y	⭐️ 5 (24)
Spacious Condo by CWRU, CIM, UH, Clev Clinic	$42,593	$163	70%	4	2	7	$100	❌	❌	❌	Y / N	⭐️ 5 (8)
Cleveland Heights Luxury Condo/ 4 bedroom, 4 bath	$45,412	$264	47%	4	4	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (5)
C- Suite @ the Fairmount Chateau	$29,105	$168	45%	4	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (4)
Beautiful 4 Bedroom Home with 2.5 bathrooms	$15,646	$225	19%	4	3	1	$0	❌	✅	❌	Y / Y	⭐️ 4.8 (17)
Hideaway in the Heights!	$78,910	$245	84%	4	2.5	2	$300	❌	❌	✅	Y / Y	⭐️ 5 (9)
Spacious 4 BR, 2 Bth by CWRU, CIM, UH, Clev Clinic	$64,416	$176	100%	4	2	7	$100	❌	❌	❌	Y / Y	⭐️ 5 (8)

Return Metrics

2.83% 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)	$2,197	$4,395	$6,593	$8,791	$10,989	$21,979	$65,937
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,848	$5,871	$9,081	$12,489	$16,108	$37,836	$231,920
Down Payment	$57,980	$57,980	$57,980	$57,980	$57,980	$57,980	$57,980
Property Appreciation	$8,697	$17,654	$26,881	$36,385	$46,173	$99,701	$413,763
Total Return	$71,722	$85,902	$100,537	$115,646	$131,251	$217,496	$769,601

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

2.83%

Cap Rate

7.5%

Return on Investment

17.74%

1366 E 111th St Cleveland, Ohio, 44106

4 bed • 3 bath • 12 guests

Purchase Price

Est. $1,390/mo

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Contact Agent

Cleveland

Guide

Zoning

Market

Guide

Laws

Market Data

Airbnb Investor Score

$2,197

Annual Profit

7.5%

Cap Rate

2.8%

Cash on Cash

$40,728

Annual Revenue

BNBCalc predicts this property will get $189 per night with 59% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 44% of comparables

Seasonality

40 Airbnb Comparables

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

$41,450

Avg annual revenue

59%

Avg occupancy rate

$189

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

$15k

$35k

$55k

$80k

$2,198

Profit

Revenue

$40,728

Operating Expenses

$18,975

Operating Income

$21,754

Mortgage & Taxes

$19,556

Profit (Cash Flow)

$2,198

$77,427

Cash Investment

Down Payment

$57,980

Renos & Furnishing

$10,750

Closing Costs

$8,697

Total

$77,427

DSCR Ratio

Acceptable

1.11

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

2.83%

Cap Rate

7.5%

Return on Investment

17.74%

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

$13,759

Deductible property tax

$2,870

Your total deduction

$28,005

Your adjusted annual income

$150,000 - $28,005 = $121,995

Taxes on $121,995 (30%)

$36,598

Your old tax bill

$45,000

Your new tax bill

$36,598

Estimated tax savings

$8,402

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:

4,399 sqft

Year built:

1900

Size:

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air

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Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 4,399 sqft

Building area: -

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: ENERGY STAR Qualified Equipment

View: -

Parking: Detached, Garage

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: 12003112

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $24,200

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools