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Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


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BNBCalc Short Term Rental Investment Analysis 1640 Maple Ave 707, Evanston, IL 60201

2 bed β€’ 2 bath β€’ 6 guests β€’ $3,400

BNB

Calc

Annual Revenue

$38,898

Profit (Cash Flow)

$20,128

Cap Rate

593.0%

Annual Revenue

$38,898

AirDNA projects $191/night at 63% occupancy ($43,949). Airbtics projects $142/night at 75% occupancy ($38,898). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 75% occupancy rate, $142 rate per night.

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

Percentiles25%50%75%90%
Revenue$30,013$37,485$50,694$67,701
Occupancy63%76%84%90%
Nightly Rate$107$137$175$203

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
Fully furnished apt in downtown Evanston
$51,957
$169
84%
213$0❌❌❌Y / Y⭐️ 5 (229)
Quaint 2.5BR Apt +Parking near NU and beach +3TVs
$18,842
$78
66%
214$0❌❌❌N / Y⭐️ 4.5 (83)
Larimer Park Carriage House
$67,197
$216
85%
232$0❌❌❌Y / Y⭐️ 5 (47)
1620 Thelin Court 2 (evanston)
$17,985
$78
63%
211$0❌❌❌Y / Y⭐️ 4.8 (96)
2 bedrooms in a safe neighborhood in Evanston
$32,149
$144
61%
212$0❌❌❌Y / Y⭐️ 4.8 (36)
NU Clean and Bright Stay 2BRM w/workspace Evanston
$72,237
$202
91%
213$185βŒβŒβœ…Y / Y⭐️ 4.9 (142)
Ashland Ice Cream House
$29,514
$128
63%
212$0❌❌❌N / Y⭐️ 4.9 (260)
Stunning, Sunny Flat with Beautiful Backyard
$46,906
$178
72%
212$0βŒβŒβœ…Y / Y⭐️ 5 (147)
Cozy 2BR about 1 mile to beach/NU/dwntwnEvanston
$31,511
$100
80%
213$75❌❌❌N / Y⭐️ 4.5 (37)
Affordable Comfort in the heart of Evanston
$42,822
$130
90%
211$0❌❌❌Y / Y⭐️ 5 (1)

Return Metrics

276.4% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$20,128$40,256$60,384$80,512$100,640$201,280$603,840
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$2,720$2,720$2,720$2,720$2,720$2,720$2,720
Down Payment$680$680$680$680$680$680$680
Property Appreciation$102$207$315$426$541$1,169$4,852
Total Return$23,630$43,863$64,099$84,338$104,581$205,849$612,093

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

276.4%

Cap Rate

592.99%

Return on Investment

278.26%

property-location

1640 Maple Ave 707 Evanston, IL, 60201

2 bed β€’ 2 bath β€’ 6 guests

Est. $16/mo

Agent

This property is for sale!

Contact Agent

Evanston

Zoning


Laws

6011

Airbnb Investor Score

$19,932

Annual Profit

593.0%

Cap Rate

276.4%

Cash on Cash

$38,898

Annual Revenue

BNBCalc predicts this property will get $142 per night with 75% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Top 51% of comparables

Top 41% of comparables


Seasonality

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10

Airbnb Comparables

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

$41,112

Avg annual revenue

75%

Avg occupancy rate

$142

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$15k

$35k

$55k

$75k

Sign up to see the data on 10 all comparables

$20,128

Profit

Revenue

$38,898

Operating Expenses

$18,737

Operating Income

$20,162

Mortgage & Taxes

$34

Profit (Cash Flow)

$20,128

$7,282

Cash Investment

Down Payment

$680

Renos & Furnishing

$6,500

Closing Costs

$102

Total

$7,282

DSCR Ratio

Strong

87.91

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

276.4%

Cap Rate

592.99%

Profit (Cummulative)

$20,128

$2,720

$6,500

$102

$0

Total Gain

$20,263

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

$161

Deductible property tax

$34

Your total deduction

-$18,698

Your adjusted annual income

$150,000 - -$18,698 = $168,698


Taxes on $168,698 (30%)

$50,610

Your old tax bill

$45,000

Your new tax bill

$50,610


Estimated tax savings

-$5,610

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:

CONDO

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: CONDO
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • 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: -