BNBCalc Short Term Rental Investment Analysis 1617 E 4th St, Mishawaka, IN 46544

2 bed • 1 bath • 6 guests • $104,500

BNB

Calc

Annual Revenue

$25,804

Profit (Cash Flow)

$7,735

Cap Rate

8.4%

Annual Revenue

$25,804

AirDNA projects $157/night at 45% occupancy ($25,804). Airbtics projects $161/night at 55% occupancy ($32,342). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 45% occupancy rate, $157 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$15,837	$28,571	$47,053	$78,280
Occupancy	39%	54%	67%	82%
Nightly Rate	$105	$139	$183	$251

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Gorgeous 2BR home near ND with country settings	$22,729	$207	30%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (28)
15 Min from Campus! Large 2BR Perfect for Groups!	$71,733	$447	42%	2	1	2	$160	❌	❌	❌	Y / Y	⭐️ 4.8 (15)
The Sanctuary House on the River - 5 Star R&R	$36,922	$282	34%	2	3	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (17)
Crisp N Clean @The Hawk's Nest	$26,884	$133	48%	2	1	2	$85	❌	❌	❌	Y / Y	⭐️ 5 (108)
Restoration Farm - Simple & Sustainable Living	$29,273	$86	93%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (231)
Walking distance to ND (Entire House)New Furniture	$40,344	$127	81%	2	1	3	$99	❌	❌	❌	N / Y	⭐️ 4.8 (47)
Cozy "DOG friendly" cottage	$24,883	$73	84%	2	1	2	$75	❌	❌	✅	Y / Y	⭐️ 4.9 (20)
Rose Park Retreat	$22,815	$146	42%	2	1	1	$35	❌	❌	❌	Y / Y	⭐️ 4.8 (19)
Cute Newly Remodeled Home Close to Notredame 2Bed	$20,248	$75	66%	2	1	2	$85	❌	❌	✅	Y / Y	⭐️ 4.8 (15)
Cozy 2 bedroom private home near Notre Dame	$18,823	$139	37%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (20)
Quiet Mishawaka Rental Home	$43,305	$174	68%	2	2	2	$0	❌	❌	❌	Y / N	⭐️ 5 (13)
Luxury Longstay Mish. Riverwalk	$17,436	$69	65%	2	1	2	$99	❌	❌	❌	Y / Y	⭐️ 4.9 (22)
Renovated home - short walk to ND	$15,819	$124	31%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (7)
Walking distance to ND and Warren Golf Course	$38,145	$193	54%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (146)
The dog house!	$28,694	$140	56%	2	1	1	$0	❌	❌	✅	N / Y	⭐️ 4.5 (2)

Return Metrics

25.54% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$7,735	$15,470	$23,206	$30,941	$38,676	$77,353	$232,060
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$83,600	$83,600	$83,600	$83,600	$83,600	$83,600	$83,600
Down Payment	$20,900	$20,900	$20,900	$20,900	$20,900	$20,900	$20,900
Property Appreciation	$3,135	$6,364	$9,689	$13,115	$16,644	$35,939	$149,148
Total Return	$115,370	$126,334	$137,396	$148,557	$159,820	$217,792	$485,709

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

25.54%

Cap Rate

8.39%

Return on Investment

39.28%

1617 E 4th St Mishawaka, IN, 46544

2 bed • 1 bath • 6 guests

Purchase Price

Est. $501/mo

This property is for sale!

Contact Agent

101

Airbnb Investor Score

$1,720

Annual Profit

8.4%

Cap Rate

25.5%

Cash on Cash

$25,804

Annual Revenue

BNBCalc predicts this property will get $161 per night with 55% occupancy, putting it in the top 49% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 68% of comparables

Avg Daily Rate

Top 34% of comparables

Seasonality

15 Airbnb Comparables

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

$30,536

Avg annual revenue

55%

Avg occupancy rate

$161

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

$35k

$50k

$75k

$7,735

Profit

Revenue

$25,804

Operating Expenses

$17,035

Operating Income

$8,770

Mortgage & Taxes

$1,035

Profit (Cash Flow)

$7,735

$30,285

Cash Investment

Down Payment

$20,900

Renos & Furnishing

$6,250

Closing Costs

$3,135

Total

$30,285

DSCR Ratio

Acceptable

1.24

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

25.54%

Cap Rate

8.39%

Return on Investment

39.28%

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

$4,960

Deductible property tax

$1,035

Your total deduction

$9,494

Your adjusted annual income

$150,000 - $9,494 = $140,506

Taxes on $140,506 (30%)

$42,152

Your old tax bill

$45,000

Your new tax bill

$42,152

Estimated tax savings

$2,848

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:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -