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BNBCalc Short Term Rental Investment Analysis 1615 Pierce Ave

5 bed • 2 bath • 15 guests • $169,700

BNB

Calc

Annual Revenue

$42,098

Profit (Cash Flow)

$11,498

Cap Rate

13.5%

Annual Revenue

$42,098

AirDNA projects $226/night at 51% occupancy ($42,098). Airbtics projects $286/night at 58% occupancy ($60,586). Airbtics predicts this property will perform in the 37% revenue percentile

BNB Calc projects a 51% occupancy rate, $226 rate per night.

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

Percentiles25%50%75%90%
Revenue$34,974$91,753$138,849$197,862
Occupancy38%58%65%74%
Nightly Rate$245$420$562$706

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
Bishop's House on the Rock
$87,620
$366
65%
632$100❌❌❌Y / Y⭐️ 5 (38)
Cerro Vista Estate/Indoor Pool/Hot Tub/Game Room
$225,291
$771
76%
672$400✅✅❌Y / Y⭐️ 5 (75)
Tranquil Escape: Indoor Pool, Spa, & Arcade
$112,137
$480
60%
531$275✅✅❌Y / Y⭐️ 5 (88)
Historical Riverfront Mansion: Serenity+Location
$78,053
$416
51%
532$200✅❌❌Y / Y⭐️ 5 (80)
Entertainment Oasis: Indoor Pool, Spa, & Arcade
$142,150
$521
71%
541$290✅✅❌Y / Y⭐️ 5 (143)
Large family home, Hot tub
$92,644
$392
61%
652$200❌✅✅Y / Y⭐️ 5 (46)
Sleeps 22|Hot Tub|GameRoom|Theater|Gym|Lake Views
$91,922
$457
52%
631$300✅✅❌Y / Y⭐️ 5 (38)
Historic limestone farmhouse, nature preserve.
$28,142
$215
35%
541$150❌❌❌Y / Y⭐️ 4.9 (238)
That 70s House at Hidden Creek Estates
$47,399
$368
34%
641$200✅❌✅Y / Y⭐️ 5 (50)
Beautifully home with 5 bedrooms
$40,307
$186
56%
523$180✅❌✅Y / Y⭐️ 5 (33)
HOT TUB - Arcade Room - Theater - Gym - Sauna
$57,754
$220
62%
661$650✅✅✅Y / Y⭐️ 5 (26)
The right house for you!
$34,543
$143
66%
522$0❌✅✅Y / Y⭐️ 4.5 (10)
Farm @ corner of healthy and happy
$56,730
$500
31%
532$0❌❌✅Y / Y⭐️ 4.9 (64)
HOT TUB - KING Suite - Game Room - Large Groups
$79,253
$320
63%
541$379❌✅✅Y / Y⭐️ 5 (25)
Harmony: 5 Beds, 2 Kitchens Near Downtown
$63,263
$215
78%
523$150❌❌❌Y / Y⭐️ 5 (3)
Upscale Luxury Mansion, Modern Chic & Glamorous.
$131,088
$968
37%
771$0❌❌✅Y / Y⭐️ 0 (7)
Lovely Spacious 6-Bedroom Group Stay
$73,108
$425
47%
634$0❌✅✅Y / Y⭐️ 4.9 (24)
Perfect location for big groups!
$61,479
$375
43%
742$200❌❌❌Y / Y⭐️ 4 (7)
5 Acres of Solitude and Fun!
$190,500
$713
73%
642$0✅❌❌Y / Y⭐️ 5 (7)
KING Suite - Game Room - Fireplace - Hot Tub
$69,174
$700
27%
541$299❌✅✅Y / Y⭐️ 0 (0)
ShawBnB
$133,224
$520
70%
6428$450❌❌❌Y / Y⭐️ 5 (2)
Beautiful 3 Acre Retreat, Minutes from Rockford!
$137,250
$625
60%
531$0❌❌❌Y / Y⭐️ 0 (0)
Designer Home - King Suite, Game Room, Hot Tub
$71,681
$576
34%
542$0❌✅❌Y / Y⭐️ 0 (3)
The house for huge groups!
$36,234
$198
50%
743$0❌❌✅Y / Y⭐️ 0 (1)
Rustic 5 Acre Private Estate
$80,448
$628
35%
621$0❌❌✅Y / Y⭐️ 5 (10)
Rockford Cascade Getaway
$64,560
$196
90%
523$0✅❌✅Y / Y⭐️ 0 (3)

Return Metrics

22.31% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$11,497$22,995$34,493$45,991$57,489$114,978$344,935
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$135,760$135,760$135,760$135,760$135,760$135,760$135,760
Down Payment$33,940$33,940$33,940$33,940$33,940$33,940$33,940
Property Appreciation$5,091$10,334$15,735$21,298$27,028$58,362$242,206
Total Return$186,288$203,030$219,929$236,990$254,218$343,041$756,842

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

22.31%

Cap Rate

13.52%

Return on Investment

35.42%

property-location

1615 Pierce Ave Rockford, Illinois, 61103

5 bed • 2 bath • 15 guests

Est. $814/mo

Agent

This property is for sale!

Contact Agent

Rockford

Zoning


Laws

$42,098

Annual Revenue

BNBCalc predicts this property will get $286 per night with 58% occupancy, putting it in the top 37% revenue percentile compared to similar properties nearby.

Top 59% of comparables

Top 74% of comparables


Seasonality

Sign up to view the full seasonality chart

26

Airbnb Comparables

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

$87,921

Avg annual revenue

54%

Avg occupancy rate

$442

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

$25k

$90k

$155k

$225k

Sign up to see the data on 26 all comparables

$11,498

Profit

Revenue

$42,098

Operating Expenses

$19,153

Operating Income

$22,945

Mortgage & Taxes

$11,447

Profit (Cash Flow)

$11,498

$51,531

Cash Investment

Down Payment

$33,940

Renos & Furnishing

$12,500

Closing Costs

$5,091

Total

$51,531

DSCR Ratio

Strong

2.00

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

22.31%

Cap Rate

13.52%

Profit (Cummulative)

$11,498

$135,760

$12,500

$5,091

$0

Total Gain

$18,256

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

$8,054

Deductible property tax

$1,680

Your total deduction

$7,039

Your adjusted annual income

$150,000 - $7,039 = $142,961


Taxes on $142,961 (30%)

$42,888

Your old tax bill

$45,000

Your new tax bill

$42,888


Estimated tax savings

$2,112

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:

16,553 sqft

Year built:

1941

Size:

1,176 sqft

Type:

SFR

Parking:

-

Heating:

Central

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
3026 Ruth St31939-11,3261956$0-
1908 W Pearl Ave311,456-6,5341956$78,000-
2212 Fremont St311,128-7,4051925$105,000-
1922 Bruner St21888-7,4051940$0-
2104 Latham St311,862-6,0981900$27,000-
1512 Midway Dr311,018-6,5341959$150,0008
1428 Midway Dr311,063-6,5341959$95,000-
3110 Huffman Blvd21784-6,0981952$38,000-
1519 Barton Blvd21672-6,5341943$62,5003
1711 Barton Blvd311,324-6,5341955$0-

Property Details

  • MLS Status: Active
  • Property Use: Single Family Residence
  • Stories: -
  • Lot size: 16,553 sqft
  • Building area: 1,176 sqft
  • Garage: No
  • Heating: Central
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: R1
  • Land Use: Residential
  • Parcel Number: 11-11-206-011
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $26,332
  • County Est. Land Value: $21,693
  • Assessed Land Value: $7,231
  • County Est. Structure Value: $57,303
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
11/01/23$17,500100%Michael Mccarthy, Michelle Mccarthy
08/17/12$00%Brenda Baney Schwartz

Ownership

  • Name: Michael Mccarthy
  • Owner Occupied: Yes
  • Owner Mailing Address: 4291 Valley View Dr, Loves Park, IL 61111
  • Years Owned: 12
  • Home Equity: -
  • Mortgage Balance Remaining: $0
  • Financed amount: -
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No