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BNBCalc Short Term Rental Investment Analysis 1615 W Pratt St, Baltimore, MD, 21223

4 bed • 3 bath • 12 guests • $238,600

BNB

Calc

Annual Revenue

$61,361

Profit (Cash Flow)

$23,609

Cap Rate

16.6%

Annual Revenue

$61,361

AirDNA projects $252/night at 42% occupancy ($38,657). Airbtics projects $265/night at 56% occupancy ($54,202). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 56% occupancy rate, $300 rate per night.

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

Percentiles25%50%75%90%
Revenue$31,575$59,354$82,980$115,197
Occupancy42%61%69%77%
Nightly Rate$195$256$317$391

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
New Luxurious Home! 6mins from Harbor skylineview
$38,418
$162
61%
431$250❌❌✅Y / Y⭐️ 4.5 (48)
The Baltimore Nest, Stadium Walkable, Big Rowhouse
$52,148
$288
47%
42.51$100❌❌✅Y / Y⭐️ 5 (54)
Beautiful spacious townhouse with rooftop deck!
$79,922
$323
63%
441$356❌❌✅Y / Y⭐️ 4.5 (56)
Luxurious Inner Harbor home best in town Fed.Hill
$40,676
$148
69%
42.51$275❌❌✅Y / Y⭐️ 5 (117)
Luxury Fed Hill Home w/Rooftop & 4 Parking Spots
$112,211
$360
83%
44.51$95❌❌❌Y / Y⭐️ 5 (129)
Spacious Home in Federal Hill w/2 Parking Spots!
$40,475
$312
34%
442$150❌❌✅Y / Y⭐️ 5 (187)
Fells Point Charm Doubled!
$72,938
$271
69%
422$150❌❌❌Y / Y⭐️ 5 (9)
Charming 4 bedroom home just steps to the water!
$81,751
$295
73%
42.52$225❌❌✅Y / Y⭐️ 5 (110)
Flawless 4Br/4Ba w/ Multi-Deck (Fell's Point, JHH)
$93,443
$316
76%
441$198❌❌❌Y / Y⭐️ 5 (32)
Magical Retreat and Charmed Escape
$42,635
$159
69%
42.52$165❌❌✅Y / Y⭐️ 5 (287)
Federal Hill Luxury Loft w/ Rooftop Deck &Parking!
$77,357
$255
81%
43.52$125❌❌❌Y / Y⭐️ 5 (54)
Hottest Spot in Downtown Baltimore/Little Italy
$69,162
$446
42%
43.52$100❌❌❌Y / Y⭐️ 5 (251)
Trendy Spot in Downtown Baltimore/Fellspoint
$82,541
$373
60%
432$125❌❌❌Y / Y⭐️ 5 (100)
Reservoir Hill Mansion
$43,174
$357
31%
431$175❌❌✅N / Y⭐️ 5 (60)
Baltimore Escape @ Inner Harbor, Stadiums, Casino
$33,435
$178
47%
42.52$150❌❌✅Y / Y⭐️ 5 (78)
Luxury Home Steps From ConvCenter&Stadiums&Harbor
$94,783
$514
50%
43.52$220❌❌✅Y / Y⭐️ 5 (108)
Chic Townhome w/ Deck: 6 Mi to Dtwn Baltimore
$68,353
$245
72%
422$232❌❌❌Y / Y⭐️ 4.5 (36)
Macemia’s Place
$28,687
$223
33%
422$100❌❌✅Y / Y⭐️ 4.5 (44)
Artsy, Historic Rowhouse with Striking Harbor Views
$88,624
$388
62%
423$175❌❌❌Y / Y⭐️ 5 (134)
4 bedrooms, 2 baths in historic townhome downtown
$50,696
$424
28%
422$170❌❌❌N / Y⭐️ 4.8 (15)
Your Dream Baltimore Getaway!
$37,056
$276
35%
432$100❌❌✅Y / Y⭐️ 4.5 (40)
Charm City Luxury 4 Bedroom Brick Home
$31,290
$249
33%
442$200❌❌❌Y / Y⭐️ 5 (10)
Cozy 4 bedroom townhouse near the Raven’s stadium
$13,675
$149
22%
421$100❌❌✅Y / Y⭐️ 4.2 (29)
Marble Hill Manor
$50,065
$201
64%
433$249❌❌✅Y / Y⭐️ 4 (3)
Relax at Eden Valley- Bonus Game Room & Mini Bar
$41,362
$286
37%
431$200❌❌✅Y / Y⭐️ 4.7 (53)
Trendy,Tranquil Fells Point/Free street parking
$38,721
$164
61%
43.53$175❌❌❌Y / Y⭐️ 5 (211)
4 bdr/3.5 baths.Beautiful/centrally loc.
$31,120
$166
50%
43.53$100❌❌❌Y / Y⭐️ 5 (79)
Luxe Private Getaway in the Heart of Baltimore!
$64,837
$219
74%
43.52$360❌❌❌Y / Y⭐️ 4.5 (119)
completely remodeled 4 bedrooms 2.5 baths
$84,074
$300
74%
42.57$250❌❌✅Y / Y⭐️ 5 (20)
4BR/2.5BA Next To Johns H. Hospital - FREE Parking
$46,661
$221
55%
42.528$99❌❌❌Y / Y⭐️ 5 (40)
*New Listing - Exquisite Living in Downtown Balt
$35,698
$150
56%
42.53$350❌❌❌Y / Y⭐️ 5 (22)
Cozy Downtown Baltimore Home Near Stadiums &Casino
$26,883
$228
31%
432$52❌❌✅N / Y⭐️ 4.8 (99)
Historic w/Modern Charm near downtown
$77,925
$261
77%
43.52$325✅❌❌Y / Y⭐️ 4.5 (8)
Charming Home: Parking, Sleeps 10, WFH Space
$31,974
$112
78%
43.53$0❌❌❌Y / Y⭐️ 4.5 (19)
Cozy Central 5Bed 2Ba Near Baltimore's Sports Hubs
$77,066
$329
64%
42.52$0❌❌✅Y / Y⭐️ 4.5 (6)
Discover the charm
$34,495
$132
65%
44.53$200❌❌✅N / Y⭐️ 3 (3)
UMD Baltimore BioPark
$41,391
$203
54%
41.52$140❌❌❌Y / Y⭐️ 4.5 (54)
Waterfront GEM - HUGE HOME for FAM/WORK/FUN!
$114,114
$427
65%
43.52$350✅❌✅Y / Y⭐️ 5 (215)
The Perfect Oasis - 4 Beds/2 Bath/Office/Gym
$40,603
$258
43%
41.51$0❌❌❌Y / Y⭐️ 4.5 (4)
Grand Charles Village Victorian
$81,991
$234
89%
42.57$200❌❌❌Y / Y⭐️ 5 (3)

Return Metrics

35.97% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$23,608$47,217$70,826$94,435$118,044$236,088$708,265
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$2,344$4,832$7,474$10,279$13,257$31,140$190,880
Down Payment$47,720$47,720$47,720$47,720$47,720$47,720$47,720
Property Appreciation$7,158$14,530$22,124$29,946$38,002$82,058$340,544
Total Return$80,830$114,301$148,145$182,381$217,024$397,007$1,287,410

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

35.97%

Cap Rate

16.64%

Return on Investment

50.45%

property-location

1615 W Pratt St Baltimore, Maryland, 21223

4 bed • 3 bath • 12 guests

Est. $1,144/mo

Agent

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$238,600

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Laws


Market Data

203

Airbnb Investor Score

$23,608

Annual Profit

16.6%

Cap Rate

36.0%

Cash on Cash

$61,361

Annual Revenue

BNBCalc predicts this property will get $265 per night with 56% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Top 56% of comparables

Top 31% 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.

$57,310

Avg annual revenue

56%

Avg occupancy rate

$265

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

$15k

$45k

$80k

$115k

Sign up to see the data on 40 all comparables

$23,609

Profit

Revenue

$61,361

Operating Expenses

$21,657

Operating Income

$39,704

Mortgage & Taxes

$16,095

Profit (Cash Flow)

$23,609

$65,628

Cash Investment

Down Payment

$47,720

Renos & Furnishing

$10,750

Closing Costs

$7,158

Total

$65,628

DSCR Ratio

Strong

2.47

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

35.97%

Cap Rate

16.64%

Profit (Cummulative)

$23,609

$2,344

$10,750

$7,158

$0

Total Gain

$33,111

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

$11,324

Deductible property tax

$2,362

Your total deduction

$1,512

Your adjusted annual income

$150,000 - $1,512 = $148,488


Taxes on $148,488 (30%)

$44,546

Your old tax bill

$45,000

Your new tax bill

$44,546


Estimated tax savings

$454

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:

871.2 sqft

Year built:

1920

Size:

2,350 sqft

Type:

TOWNHOUSE

Parking:

-

Heating:

Forced Air, Natural Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: TOWNHOUSE
  • Stories: 4
  • Lot size: 871.2 sqft
  • Building area: 2,350 sqft
  • Garage: No
  • Heating: Forced air, natural gas
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central A/C, Electric
  • View: Scenic Vista, Street
  • Parking: On Street
  • Amenities: Cooktop, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Double Oven, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Gas Water Heater
  • Price per square foot: $101

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 0319120262 008
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $133,333
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $238,600


Schools

  • High School: Vivien T. Thomas Medical Arts Academy with 2/10 star rating