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BNBCalc Short Term Rental Investment Analysis 1605 South Walnut Street, Bloomington, IN

2 bed • 1 bath • 6 guests • $225,000

BNB

Calc

Annual Revenue

$46,050

Profit (Cash Flow)

$24,156

Cap Rate

11.7%

Annual Revenue

$46,050

AirDNA projects $148/night at 55% occupancy ($29,730). Airbtics projects $159/night at 52% occupancy ($30,198). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 64% occupancy rate, $197 rate per night.

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

Percentiles25%50%75%90%
Revenue$11,617$28,827$47,375$79,510
Occupancy29%52%64%96%
Nightly Rate$106$148$197$221

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
Cozy 2 Bedroom Close to IU Campus
$42,450
$131
86%
211$50❌❌❌Y / Y⭐️ 5 (45)
Lil BUB's Really Nice Apartment - WEST
$21,185
$68
80%
211$75❌❌✅Y / Y⭐️ 5 (593)
Cozy Cottage : easy + peaceful w/ private backyard
$30,362
$139
57%
212$80❌❌❌Y / Y⭐️ 5 (51)
Iris House
$26,244
$110
63%
211$40❌❌✅Y / Y⭐️ 5 (114)
Cozy & Convenient * Work & Kid Friendly * Relax!
$32,607
$165
53%
212$60❌❌❌Y / Y⭐️ 5 (71)
Strawbale Bungalow. Bloomington Indiana USA.
$23,991
$77
83%
211$25❌❌✅N / Y⭐️ 5 (1254)
Lil BUB's Really Nice Apartment - EAST
$18,918
$56
82%
211$75❌❌✅Y / Y⭐️ 5 (582)
Cozy, Quiet, and Relaxing Home for All Hoosiers #2
$11,185
$67
40%
211$45❌❌✅Y / Y⭐️ 4.5 (119)
Cheerful Bungalow w/ Sauna - Close to IU
$24,737
$108
60%
211$30❌❌❌Y / Y⭐️ 5 (236)
StayIU B-Town Bungalow Quick Walk to IU & Kirkwood
$32,219
$153
54%
211$110❌❌✅Y / Y⭐️ 5 (317)
Charming Home: WALK to IU and downtown!
$19,810
$118
45%
212$125❌❌❌Y / Y⭐️ 5 (68)
The Little Blue Casita
$17,572
$121
39%
212$50❌❌❌Y / Y⭐️ 5 (26)
Stylish Home near downtown Bloomington
$20,111
$197
27%
221$120❌❌❌Y / Y⭐️ 5 (30)
Downtown Charmer
$19,890
$101
52%
212$100❌❌✅Y / Y⭐️ 5 (22)
Cozy, Quiet, and Relaxing Home for All Hoosiers
$11,983
$73
42%
211$45❌❌❌Y / Y⭐️ 4.5 (368)
My Blue Bungalow in Bloomington
$29,088
$150
52%
21.52$90❌❌❌Y / Y⭐️ 5 (20)
Bryan Park Cottage Near IU 2Queen Bd Wi-Fi Parking
$38,870
$177
60%
214$0❌❌❌Y / Y⭐️ 5 (14)
Bloomington Bliss: Light-Filled, Mid-Century Oasis
$47,544
$135
96%
212$40❌❌❌Y / Y⭐️ 5 (9)
Blue Door Bungalow - Walkable to Downtown & IU
$20,896
$203
25%
211$125❌❌✅Y / Y⭐️ 5 (18)
Charming 2 bdrm Bungalow in Bloomington, Near IU
$18,297
$218
22%
211$85❌❌❌Y / Y⭐️ 5 (18)
1920's RENO! Sleeps up to 8!
$20,586
$248
20%
211$100❌❌❌Y / Y⭐️ 5 (9)
La Casita Azul ~ Charming Bungalow near parks, IU
$59,680
$162
99%
221$55❌❌✅Y / Y⭐️ 5 (74)
Condo near campus
$17,155
$184
25%
221$60❌❌❌Y / Y⭐️ 5 (29)
Pristine Home: 5 Minute Walk to Campus & Downtown
$16,644
$63
68%
212$40❌❌❌N / Y⭐️ 4.8 (133)
Steps from B-Line and IU | Modern Chic Retreat
$22,157
$128
45%
212$120❌❌❌Y / Y⭐️ 5 (8)
Sunny Cottage
$29,407
$521
14%
212$150❌❌❌Y / N⭐️ 5 (4)
B-Line Trail Tranquility. Fenced Yard & Fire Pit!
$39,012
$197
52%
221$100❌❌✅Y / Y⭐️ 5 (31)
Cheerful 2 bedroom townhouse with driveway parking
$23,164
$201
30%
21.52$100❌❌❌Y / Y⭐️ 5 (19)
Monon Street Retreat (Downstairs Unit)
$15,187
$152
26%
212$100❌❌❌Y / Y⭐️ 5 (14)
Great Comfortable 2bedroom 2.5 bath House
$32,134
$334
26%
22.52$175❌❌❌Y / Y⭐️ 5 (15)
Cheerful 2-bedroom cottage 6 minutes to IU campus
$26,114
$147
43%
212$125❌❌❌Y / Y⭐️ 5 (41)
Bloomington IN condo, 3 beds, 2.5 bath, on busline
$29,646
$324
25%
22.52$0❌❌✅Y / Y⭐️ 5 (3)
Great 2 Bedroom Home: Walk to IU/Kirkwood
$24,759
$123
55%
212$0❌❌❌N / Y⭐️ 5 (7)
Cute Bungalow close to downtown and campus
$16,725
$102
40%
212$75❌❌✅Y / Y⭐️ 4.8 (26)
1925 Beautifully Styled Craftsman's Home
$63,652
$170
100%
212$120❌❌❌Y / Y⭐️ 5 (13)
The White House
$19,172
$97
54%
211$0❌❌✅Y / Y⭐️ 5 (2)
Hoosier House: New*Modern*Stylish*Close to IU
$31,215
$208
41%
213$0❌❌❌Y / Y⭐️ 0 (0)
Charming 2-Bedroom, Walk to Campus and Downtown
$34,601
$96
98%
212$25❌❌❌Y / Y⭐️ 0 (0)
Charming Abode
$14,706
$164
24%
212$50❌❌❌Y / Y⭐️ 5 (32)
B-Line Bungalow. Close to Downtown & IU!!
$73,463
$198
100%
211$50❌❌❌Y / Y⭐️ 5 (111)

Return Metrics

41.64% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$24,155$48,311$72,467$96,623$120,779$241,559$724,679
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$180,000$180,000$180,000$180,000$180,000$180,000$180,000
Down Payment$45,000$45,000$45,000$45,000$45,000$45,000$45,000
Property Appreciation$6,750$13,702$20,863$28,239$35,836$77,381$321,134
Total Return$255,905$287,014$318,331$349,863$381,616$543,940$1,270,813

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

41.64%

Cap Rate

11.72%

Return on Investment

57.09%

property-location

1605 S Walnut St Bloomington, Indiana, 47401

2 bed • 1 bath • 6 guests

Est. $1,079/mo

Agent

Inquire about this property

Contact Agent

Bloomington

Zoning


Laws

175

Airbnb Investor Score

$11,205

Annual Profit

11.7%

Cap Rate

41.6%

Cash on Cash

$46,050

Annual Revenue

BNBCalc predicts this property will get $159 per night with 52% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

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.

$27,928

Avg annual revenue

52%

Avg occupancy rate

$159

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

$30k

$50k

$75k

Sign up to see the data on 40 all comparables

$24,156

Profit

Revenue

$46,050

Operating Expenses

$19,666

Operating Income

$26,383

Mortgage & Taxes

$2,228

Profit (Cash Flow)

$24,156

$58,000

Cash Investment

Down Payment

$45,000

Renos & Furnishing

$6,250

Closing Costs

$6,750

Total

$58,000

DSCR Ratio

Strong

1.74

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

41.64%

Cap Rate

11.72%

Profit (Cummulative)

$24,156

$180,000

$6,250

$6,750

$0

Total Gain

$33,116

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

$10,679

Deductible property tax

$2,228

Your total deduction

$11,947

Your adjusted annual income

$150,000 - $11,947 = $138,053


Taxes on $138,053 (30%)

$41,416

Your old tax bill

$45,000

Your new tax bill

$41,416


Estimated tax savings

$3,584

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:

7,840 sqft

Year built:

1920

Size:

784 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Electric

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 1
  • Lot size: 7,840 sqft
  • Building area: 784 sqft
  • Garage: No
  • Heating: Electric
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air, HVAC (13 Seer)
  • View: -
  • Parking: Concrete
  • Amenities: Disposal, Range/Oven Hook Up Elec, Dishwasher, Microwave, Refrigerator, Washer, Dehumidifier, Dryer-Electric, Freezer, Electric Range, Electric Water Heater
  • Price per square foot: $286

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 530809200066.000009
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $202,600
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • High School: Bloomington High School South with 8/10 star rating