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BNBCalc Short Term Rental Investment Analysis 1505 Elm Street, Dallas, TX

3 bed • 3 bath • 9 guests • $338,900

BNB

Calc

Report by:

Susanna Chung

thisissolani@gmail.com

Annual Revenue

$105,464

Profit (Cash Flow)

$55,213

Cap Rate

23.0%

Annual Revenue

$105,464

AirDNA projects $263/night at 53% occupancy ($50,911). Airbtics projects $313/night at 65% occupancy ($74,308). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 77% occupancy rate, $375 rate per night.

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

Percentiles25%50%75%90%
Revenue$45,631$72,262$109,752$158,322
Occupancy56%67%77%84%
Nightly Rate$217$285$375$500

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
CozySuites | TWO Condos with Sky Pool in Dallas
$129,724
$369
92%
332$195✅❌✅Y / Y⭐️ 4.5 (18)
Amazing Downtown Penthouse W/ Private Rooftop deck
$75,559
$293
67%
332$185❌❌✅Y / Y⭐️ 5 (36)
CozySuites | TWO Stunning Condo with SKY POOL
$93,448
$275
87%
332$195✅❌✅Y / Y⭐️ 5 (9)
CozySuites | TWO Bright And Comfy Apartments
$118,829
$362
86%
332$195❌❌❌Y / Y⭐️ 0 (0)
Amyfinehouse |Luxe 3BR Loft |Pool+Views+Desk+Valet
$52,743
$303
47%
321$69✅❌❌Y / Y⭐️ 4.5 (88)
Amyfinehouse |Large 3BR Loft |Pool+Views+Valet
$46,226
$196
63%
321$129✅❌❌Y / Y⭐️ 4.9 (21)
Amyfinehouse | Elegant 3BR Loft | Pool+Views+Valet
$49,482
$268
49%
321$129✅❌❌Y / Y⭐️ 4.5 (26)
Amyfinehouse |Spacious 3BR Loft |Pool+Views+Valet
$50,926
$236
58%
321$69✅❌❌Y / Y⭐️ 5 (131)
Beautiful 3BR Canton Townhouse
$120,061
$355
91%
33.52$140❌❌❌Y / Y⭐️ 5 (188)
Amyfinehouse|Ensuite 3BR Loft |Pool+Views+Valet
$36,518
$198
47%
321$129✅❌❌Y / Y⭐️ 4.5 (16)
Amyfinehouse|Spacious3BRLoft|Pool+Views+Desk+Valet
$41,242
$278
39%
321$129✅❌❌Y / Y⭐️ 4.5 (25)
Amyfinehouse |Stylish 3BR Loft |Pool+Views+Valet
$46,068
$308
40%
321$69✅❌❌Y / Y⭐️ 4.8 (32)
Spacious Downtown Dallas Home! Walkable + Rooftop!
$58,197
$186
78%
341$180❌❌❌Y / Y⭐️ 4.9 (81)
Amyfinehouse |Modern 3BR Loft |Pool+Views+Valet
$67,079
$319
57%
321$69✅❌❌Y / Y⭐️ 4.8 (152)
Stunning Downtown Apt | Pool, Laundry, Parking
$54,235
$206
68%
322$125✅❌✅Y / Y⭐️ 5 (20)
4story townhome w/ #1 Dallas Skyline Rooftop view!
$61,832
$229
69%
33.51$160❌❌❌N / Y⭐️ 5 (163)
4Story Townhome w/unbelievable Dallas Skyline View
$49,758
$221
54%
32.51$160❌❌❌N / Y⭐️ 5 (166)
Luxury Three Level Townhome plus Amazing Rooftop!
$81,510
$401
54%
332$250❌❌✅Y / Y⭐️ 5 (299)
Penthouse in the City - Enjoy the View!
$46,497
$162
75%
321$100❌❌❌Y / Y⭐️ 4.5 (96)
CozySuites | TWO Classy Apartments
$96,561
$364
68%
332$195❌❌❌Y / Y⭐️ 4 (2)
KAI Aayan Modern 4 story home w/ downtown views
$60,572
$189
84%
32.51$155❌❌✅Y / Y⭐️ 4.5 (159)
Downtown Dallas+Walk Score 95+Rooftop+2 Car Garage
$96,997
$419
60%
341$180❌❌❌Y / Y⭐️ 5 (73)
Dallas lights- Kay Bailey Convention Center
$85,370
$311
75%
341$0❌❌❌Y / Y⭐️ 5 (69)
Enjoy the View - Spacious Dallas Penthouse!
$64,220
$258
66%
321$100❌❌❌Y / Y⭐️ 4.5 (66)
HOT TUB Soak w/Insane Skyline View|AT&T Stadium
$50,474
$246
54%
342$230❌✅✅Y / Y⭐️ 4.8 (53)
Modern and Central Home | Garage+CityViews
$56,759
$221
64%
331$160✅❌❌Y / Y⭐️ 4.8 (125)
Beautiful 3 Story Townhome - Downtown Dallas
$83,593
$301
75%
33.52$160❌❌✅Y / Y⭐️ 5 (270)
Luxury 3BD Apt | 8 Beds | Sleeps 16 | Gym+Parking
$134,670
$500
69%
321$175✅❌✅Y / Y⭐️ 5 (16)
Amyfinehouse|Comfortable 3BR Loft Pool+Views+Valet
$119,436
$764
42%
321$129✅❌❌Y / Y⭐️ 4.5 (3)
Stunning Downtown Apt | Pool, Laundry, Parking
$57,681
$197
80%
322$0✅❌✅Y / Y⭐️ 5 (28)
Luxury 3BD Apt | 7 Beds | Sleeps 14 | Gym+Parking
$135,007
$500
70%
321$175✅❌✅Y / Y⭐️ 5 (19)
Rooftop Patio | City Views | Room 4 all | Big D!
$55,885
$251
60%
341$95❌❌✅Y / Y⭐️ 4.6 (105)
Luxury 3BD Apt | 6 Beds | Sleeps 12 | Gym+Parking
$151,787
$500
79%
321$175✅❌✅Y / Y⭐️ 5 (24)
Stunning Downtown Apt | Pool, Laundry, Parking
$51,010
$181
77%
322$0✅❌✅Y / Y⭐️ 5 (23)
Luxury 3BD Apt | 9 Beds | Sleeps 18 | Gym+Parking
$121,442
$500
63%
321$175✅❌✅Y / Y⭐️ 5 (16)
Stunning Downtown Apt | Pool, Laundry, Parking
$35,872
$121
81%
322$0✅❌✅Y / Y⭐️ 5 (20)
Luxury 3BD Apt | 8 Beds | Sleeps 16 | Gym+Parking
$152,190
$500
80%
321$175✅❌✅Y / Y⭐️ 5 (25)
Stunning Apartment with Pool, Parking, Laundry
$35,448
$149
65%
322$0✅❌✅Y / Y⭐️ 4.5 (6)
Luxury 3BD Apt | 8 Beds | Sleeps 16 | Gym+Parking
$145,256
$500
75%
321$175✅❌✅Y / Y⭐️ 5 (20)

Return Metrics

63.68% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$55,212$110,425$165,638$220,850$276,063$552,127$1,656,381
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$271,120$271,120$271,120$271,120$271,120$271,120$271,120
Down Payment$67,780$67,780$67,780$67,780$67,780$67,780$67,780
Property Appreciation$10,167$20,639$31,425$42,534$53,977$116,553$483,699
Total Return$404,279$469,964$535,963$602,285$668,941$1,007,580$2,478,981

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

63.68%

Cap Rate

23.03%

Return on Investment

79.25%

property-location

1505 Elm St Dallas, Texas, 75201

3 bed • 3 bath • 9 guests

Est. $1,626/mo

Agent

Inquire about this property

Contact Susanna

Dallas

Guide

Zoning

Market

Guide


Laws


Market Data

335

Airbnb Investor Score

$55,212

Annual Profit

23.0%

Cap Rate

63.7%

Cash on Cash

$105,464

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $263/night at 53% occupancy.Projected nightly rate is $313/night at 65% occupancy.

Top 26% of comparables

Top 26% 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.

$77,590

Avg annual revenue

65%

Avg occupancy rate

$313

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

$30k

$70k

$110k

$155k

Sign up to see the data on 40 all comparables

$55,213

Profit

Revenue

$105,464

Operating Expenses

$27,390

Operating Income

$78,074

Mortgage & Taxes

$22,861

Profit (Cash Flow)

$55,213

$86,697

Cash Investment

Down Payment

$67,780

Renos & Furnishing

$8,750

Closing Costs

$10,167

Total

$86,697

DSCR Ratio

Strong

3.42

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

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

63.68%

Cap Rate

23.03%

Profit (Cummulative)

$55,213

$271,120

$8,750

$10,167

$0

Total Gain

$68,709

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

$16,085

Deductible property tax

$3,355

Your total deduction

-$20,431

Your adjusted annual income

$150,000 - -$20,431 = $170,431


Taxes on $170,431 (30%)

$51,129

Your old tax bill

$45,000

Your new tax bill

$51,129


Estimated tax savings

-$6,129

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:

1,217 sqft

Type:

APARTMENT

Parking:

-

Heating:

Forced Air

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: APARTMENT
  • Stories: -
  • Lot size: -
  • Building area: 1,217 sqft
  • Garage: No
  • Heating: Forced air
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: Central Air
  • View: -
  • Parking: Attached
  • Amenities: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Price per square foot: $2

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 00C18160000000000
  • Flood Zone: No

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $2,456,700
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • Elementary School: Ben Milam Elementary School with 6/10 star rating
  • Middle School: Alex W Spence Talented/Gifted Academy with 4/10 star rating
  • High School: North Dallas High School with 3/10 star rating