BNBCalc Short Term Rental Investment Analysis 1546 McKinley Pl, Iowa City, IA, 52246

2 bed • 3 bath • 6 guests • $198,900

BNB

Calc

Annual Revenue

$38,044

Profit (Cash Flow)

$6,001

Cap Rate

9.8%

Annual Revenue

$38,044

AirDNA projects $141/night at 60% occupancy ($30,899). Airbtics projects $186/night at 56% occupancy ($38,043). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 56% occupancy rate, $186 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$16,781	$36,398	$61,947	$97,202
Occupancy	41%	61%	68%	82%
Nightly Rate	$109	$159	$243	$317

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
3 Bed 2.5 Bath Spacious Condo West Iowa City	$25,005	$112	61%	2	2.5	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (134)
Serenity in the City-7 mins to University/Hospital	$28,380	$116	62%	2	1.5	2	$120	❌	❌	❌	Y / Y	⭐️ 5 (73)
The Cottage at Kinnick	$53,987	$315	45%	2	1	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (19)
2 Bed 1 Bath Garden Apt 13 Minute Walk to Kinnick	$25,606	$106	66%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (86)
Cozy condo near Mormon Trek	$37,040	$110	92%	2	1.5	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (40)
Great for GameDay! \| Walk to Kinnick UIHC Oaknoll	$18,202	$98	48%	2	1	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (172)
Luxury Apartment with Fantastic Roofdeck	$65,031	$458	37%	2	2.5	2	$75	❌	❌	✅	Y / Y	⭐️ 5 (26)
Adorable Iowa City Cottage	$31,876	$86	100%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (197)
Iowa City Home \| Near Kinnick	$40,228	$187	56%	2	1	1	$135	❌	❌	✅	Y / Y	⭐️ 5 (59)
Trendy Brownstone in The Peninsula.	$28,433	$183	39%	2	2.5	2	$190	❌	❌	❌	Y / Y	⭐️ 5 (94)
Historic Rocklyn Apts - Brick Ballad	$28,363	$110	70%	2	1	2	$30	❌	❌	❌	Y / Y	⭐️ 5 (210)
Eclectic Duplex	$25,579	$75	92%	2	1.5	2	$20	❌	❌	❌	Y / Y	⭐️ 5 (77)
UHeights Hideaway: Steps to UIowa, Kinnick & More	$48,291	$204	63%	2	1	1	$175	❌	❌	❌	Y / Y	⭐️ 5 (31)
NEW Cozy Condo \| Next to Kinnick Stadium	$27,933	$159	48%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (16)
Lenore's Guest Suite	$27,682	$114	66%	2	1	2	$40	❌	❌	❌	N / Y	⭐️ 5 (23)
DOWNTOWNHOSPITALCARVER ARENAWIFI PARKING	$24,386	$89	73%	2	1	1	$46	❌	❌	❌	Y / Y	⭐️ 4.8 (77)
This Must Be The Place in Downtown Iowa City	$36,909	$111	90%	2	1	2	$45	❌	❌	✅	Y / Y	⭐️ 5 (99)
Iowa River Landing, Xtream Arena-Convention Center	$57,699	$210	74%	2	2	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (39)
Newly built upscale condo-near U of I, shopping	$46,089	$180	68%	2	2.5	2	$145	❌	❌	❌	Y / Y	⭐️ 5 (77)
Corner Condo with City Views	$57,695	$275	56%	2	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (32)
Cottage 408 \| Downtown Iowa City	$40,653	$194	56%	2	1.5	2	$40	❌	❌	❌	Y / Y	⭐️ 5 (48)
Goosetown Hilltop Home	$30,136	$118	69%	2	1	2	$28	❌	❌	❌	Y / N	⭐️ 5 (46)
The Library on the River - exceptionally appointed	$51,812	$212	64%	2	2	3	$180	✅	❌	❌	Y / Y	⭐️ 5 (12)
Market House - #203 Luxury Townhouse Apt Northside	$58,321	$258	61%	2	2.5	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (67)
The Stuart House near downtown Iowa City	$39,517	$177	61%	2	1	5	$100	❌	❌	❌	Y / Y	⭐️ 5 (31)
Mid Century Modern downtown IC	$24,380	$91	72%	2	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (34)
Delightful Townhouse in Trendy Quiet Neighborhood	$61,115	$253	66%	2	3	2	$0	❌	❌	✅	Y / Y	⭐️ 4.9 (60)
The Marqee~Close to University~Spacious~Cable	$18,452	$96	47%	2	1	1	$90	❌	❌	❌	N / Y	⭐️ 4.5 (30)
Hawk CentralI-80King beds	$24,134	$157	42%	2	1	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (27)
Ideal Location2 King Beds*	$24,010	$160	41%	2	1	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (34)
Newly updated Condo in Iowa City 808 WW	$11,289	$90	31%	2	2	1	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (13)
"Northside" Gem Close to Downtown	$102,641	$342	82%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (44)
The Mirage~King Bed~First Floor	$15,869	$91	43%	2	1	1	$100	❌	❌	❌	N / N	⭐️ 4.7 (23)
Beautifully updated condo! 808-2	$12,099	$87	38%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (4)
Charming Townhouse Near Downtown Iowa City	$65,718	$268	67%	2	3	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (59)

Return Metrics

11.43% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$6,000	$12,001	$18,002	$24,003	$30,004	$60,009	$180,028
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$159,120	$159,120	$159,120	$159,120	$159,120	$159,120	$159,120
Down Payment	$39,780	$39,780	$39,780	$39,780	$39,780	$39,780	$39,780
Property Appreciation	$5,967	$12,113	$18,443	$24,963	$31,679	$68,404	$283,882
Total Return	$210,867	$223,014	$235,346	$247,867	$260,584	$327,314	$662,811

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

11.43%

Cap Rate

9.76%

Return on Investment

26.51%

1546 McKinley Pl Iowa City, Iowa, 52246

2 bed • 3 bath • 6 guests

Purchase Price

Est. $954/mo

Inquire about this property

Contact Agent

$215,600

Zestimate

Iowa City

Zoning

Laws

Airbnb Investor Score

$6,000

Annual Profit

9.8%

Cap Rate

11.4%

Cash on Cash

$38,044

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $141/night at 60% occupancy.Projected nightly rate is $186/night at 56% occupancy.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 38% of comparables

Seasonality

40 Airbnb Comparables

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

$35,533

Avg annual revenue

56%

Avg occupancy rate

$186

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

$40k

$70k

$105k

$6,001

Profit

Revenue

$38,044

Operating Expenses

$18,626

Operating Income

$19,418

Mortgage & Taxes

$13,417

Profit (Cash Flow)

$6,001

$52,497

Cash Investment

Down Payment

$39,780

Renos & Furnishing

$6,750

Closing Costs

$5,967

Total

$52,497

DSCR Ratio

Strong

1.45

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

11.43%

Cap Rate

9.76%

Return on Investment

26.51%

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

$9,440

Deductible property tax

$1,969

Your total deduction

$14,635

Your adjusted annual income

$150,000 - $14,635 = $135,365

Taxes on $135,365 (30%)

$40,609

Your old tax bill

$45,000

Your new tax bill

$40,609

Estimated tax savings

$4,391

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:

5,662 sqft

Year built:

1996

Size:

1,524 sqft

Type:

TOWNHOUSE

Parking:

Heating:

Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: TOWNHOUSE

Stories: -

Lot size: 5,662 sqft

Building area: 1,524 sqft

Garage: No

Heating: Gas

Pool: No

Fireplaces: -

Basement: Yes

Cooling: Other

View: -

Parking: -

Amenities: Dishwasher, Dryer, Refrigerator, Washer

Price per square foot: $141

Lot Info

Zoning: -

Land Use: -

Parcel Number: 1017352006

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $188,280

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $215,600

Schools

High School: West Senior High School with 6/10 star rating