BNBCalc Short Term Rental Investment Analysis 1403 West Blvd, Rapid City, SD

4 bed • 4 bath • 12 guests • $865,300

BNB

Calc

Annual Revenue

$80,536

Profit (Cash Flow)

-$1,984

Cap Rate

6.5%

Annual Revenue

$80,536

AirDNA projects $263/night at 56% occupancy ($53,793). Airbtics projects $247/night at 63% occupancy ($56,835). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 75% occupancy rate, $294 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$35,673	$51,055	$83,003	$123,468
Occupancy	54%	63%	75%	82%
Nightly Rate	$176	$216	$294	$402

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Kids Paradise near Downtown	$148,694	$506	80%	4	3	2	$179	❌	❌	✅	Y / Y	⭐️ 5 (116)
The Overlook - New Custom Home with Amazing Views	$38,666	$236	43%	4	3	2	$190	❌	❌	❌	Y / Y	⭐️ 5 (49)
✦Close to Dwtn⟰Covered Porch✦Disney+✦Clean&Modern✦	$38,730	$120	82%	4	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (188)
Newly furnished - your Black Hills home base!	$35,331	$131	70%	4	2	1	$175	❌	❌	❌	Y / Y	⭐️ 5 (66)
Near hospital, Huge kitchen, Garage, Fast Wi-Fi	$42,863	$260	44%	4	2	1	$110	❌	❌	✅	Y / Y	⭐️ 5 (63)
✧King Bed✧Whirlpool Tub✧Close to playgrnd✧Disney+✧	$35,459	$114	80%	4	1	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (121)
Modern home with stunning views! Fully Furnished	$60,818	$230	71%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (37)
4bd2ba•Central Location•Family & Pet Friendly•	$32,442	$138	59%	4	2	2	$155	❌	❌	✅	Y / Y	⭐️ 4.8 (36)
★Unique 4-Season Porch★6 Queen Beds★HUGE Space★	$53,430	$180	77%	4	3	2	$245	❌	❌	❌	Y / Y	⭐️ 5 (82)
Modern Country Home - In the Heart of Rapid City	$25,621	$106	63%	4	2	2	$195	❌	❌	❌	Y / Y	⭐️ 4.6 (116)
Midwest Nest	$42,229	$184	58%	4	2	2	$265	❌	❌	✅	Y / Y	⭐️ 4.8 (23)
Home away from Home!	$52,400	$220	62%	4	2	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (61)
Black Hills Getaway Cottage	$35,008	$123	72%	4	3	1	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (44)
Family Friendly, Locally Owned, Home on a Hill!	$46,255	$157	79%	4	2	2	$66	❌	❌	❌	Y / Y	⭐️ 5 (80)
Gazebo-4BR-Ping Pong-Arcade Room	$43,324	$131	83%	4	1	2	$210	❌	❌	❌	Y / Y	⭐️ 4.9 (81)
South Side Split Level	$31,561	$195	38%	4	2	2	$140	❌	❌	❌	Y / Y	⭐️ 4.6 (44)
Black Hills Home Away from Home	$62,248	$228	73%	4	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (43)
Family Friendly Home Central to Black Hills Area	$57,921	$206	75%	4	3	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (97)
Tobin Meadows Getaway	$42,747	$209	54%	4	2	2	$160	❌	❌	❌	Y / Y	⭐️ 4.9 (14)
Spacious Acre - Sunset Cliff Experience	$82,172	$309	71%	4	2	3	$250	❌	❌	✅	Y / Y	⭐️ 5 (5)
West Boulevard!	$29,592	$165	49%	4	3	1	$0	❌	❌	✅	Y / Y	⭐️ 0 (12)
Forest Park Retreat	$61,517	$261	56%	4	5	2	$275	❌	❌	❌	Y / Y	⭐️ 5 (62)
Townhouse in the pines.	$48,942	$207	63%	4	3	2	$225	❌	❌	❌	Y / Y	⭐️ 5 (69)
Charming Home in Rapid City	$64,854	$192	90%	4	2	2	$115	❌	❌	✅	Y / Y	⭐️ 5 (30)
Canyon Lake Resort Reunion Lodge Second Level	$103,241	$688	41%	4	4	1	$0	✅	❌	❌	Y / Y	⭐️ 5 (4)
⁑Westside Luxury⁑Park Access✔Patio✔Large Groups✔	$60,773	$211	76%	4	3	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (42)
Meadowbrook Family Den 4 bed/2 bath	$78,571	$319	67%	4	2	3	$100	❌	❌	❌	Y / Y	⭐️ 4.9 (31)
Canyon lake view	$77,470	$478	44%	4	4	2	$150	❌	✅	✅	Y / Y	⭐️ 4.8 (68)
Vintage Charmer near Downtown	$129,508	$350	100%	4	2	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (18)
Hayward B&B	$41,099	$189	57%	4	2	1	$105	❌	❌	❌	Y / Y	⭐️ 4.9 (338)
Holiday House	$52,906	$245	59%	4	2	3	$0	❌	❌	❌	Y / Y	⭐️ 0 (7)
Cozy, Cute, 4 bedroom house by Canyon Lake!	$27,539	$156	45%	4	2	1	$245	❌	❌	❌	Y / Y	⭐️ 5 (57)
Beautiful secluded home!	$140,164	$412	92%	4	3	1	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (109)
The Meadowbrook	$30,549	$401	18%	4	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (17)
Canyon Lake Cottage -Hot tub	$50,027	$213	61%	4	1	2	$250	❌	✅	❌	Y / N	⭐️ 4.7 (19)
Black Hills Getaway	$80,216	$289	73%	4	1	2	$250	❌	❌	✅	Y / Y	⭐️ 4.8 (9)
Pool, deck, fire pit, and trampoline!!!	$19,082	$237	22%	4	2	1	$0	✅	❌	✅	Y / Y	⭐️ 4.8 (92)
Spectacular Home with Incredible Views	$74,093	$316	57%	4	4	3	$300	✅	✅	❌	Y / Y	⭐️ 5 (38)
Spacious 4 bedroom & 3 bathroom Black Hills Home	$67,464	$316	55%	4	3	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (22)
The NeverHaveToLeave House	$67,243	$270	65%	4	2	1	$125	✅	✅	✅	Y / Y	⭐️ 4.8 (29)

Return Metrics

-0.94% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$1,983	-$3,967	-$5,951	-$7,935	-$9,919	-$19,838	-$59,514
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$692,240	$692,240	$692,240	$692,240	$692,240	$692,240	$692,240
Down Payment	$173,060	$173,060	$173,060	$173,060	$173,060	$173,060	$173,060
Property Appreciation	$25,959	$52,696	$80,236	$108,602	$137,819	$297,590	$1,235,010
Total Return	$889,275	$914,029	$939,585	$965,967	$993,200	$1,143,052	$2,040,795

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-0.94%

Cap Rate

6.51%

Return on Investment

15.46%

1403 West Blvd Rapid City, South Dakota, 57701

4 bed • 4 bath • 12 guests

Purchase Price

Est. $4,150/mo

Inquire about this property

Contact Agent

$865,300

Zestimate

Rapid City

Zoning

Laws

Airbnb Investor Score

-$1,983

Annual Profit

6.5%

Cap Rate

-0.9%

Cash on Cash

$80,536

Annual Revenue

BNBCalc predicts this property will get $247 per night with 63% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 26% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$57,819

Avg annual revenue

63%

Avg occupancy rate

$247

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

$105k

$150k

-$1,984

Profit

Revenue

$80,536

Operating Expenses

$24,150

Operating Income

$56,387

Mortgage & Taxes

$58,370

Profit (Cash Flow)

-$1,984

$210,019

Cash Investment

Down Payment

$173,060

Renos & Furnishing

$11,000

Closing Costs

$25,959

Total

$210,019

DSCR Ratio

Weak

0.97

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-0.94%

Cap Rate

6.51%

Return on Investment

15.46%

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

$41,068

Deductible property tax

$8,566

Your total deduction

$89,226

Your adjusted annual income

$150,000 - $89,226 = $60,774

Taxes on $60,774 (30%)

$18,232

Your old tax bill

$45,000

Your new tax bill

$18,232

Estimated tax savings

$26,768

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:

0.26 sqft

Year built:

1933

Size:

3,697 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 2

Lot size: 0.26 sqft

Building area: 3,697 sqft

Garage: Yes

Heating:

Pool: No

Fireplaces: 2

Basement: Yes

Cooling: Refrig. C/Air

View: -

Parking: Two Car, Detached, Garage Door Opener

Amenities: Dishwasher, Refrigerator, Gas Range Oven, Washer, Dryer

Price per square foot: $234

Lot Info

Zoning: -

Land Use: -

Parcel Number: 3702409006

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $946,900

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $865,300

Schools

Middle School: South Middle School - 36 with 3/10 star rating
High School: Central High School - 41 with 3/10 star rating