1700 Des Plaines Ave Park Ridge, IL, 60068
4 bed • 2 bath • 12 guests
Est. $3,976/mo

This property is for sale!
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Airbnb Investor Score
-$14,549
Annual Profit
5.0%
Cap Rate
-7.2%
Cash on Cash
$63,279
Annual Revenue
This property is projected to be in the top 42% revenue percentile compared to similar properties nearby.
Projected nightly rate is $315/night at 55% occupancy.Projected nightly rate is $299/night at 57% occupancy.
Top 61% of comparables
Top 31% 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.
$66,341
Avg annual revenue
57%
Avg occupancy rate
$299
Avg nightly rate
Any type
House
Apartment
Any min stay
Weekly min
Monthly min
Revenue per year
$35k
$55k
$75k
$95k
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-$14,549
Profit
Revenue
$63,279
Operating Expenses
$21,906
Operating Income
$41,372
Mortgage & Taxes
$55,922
Profit (Cash Flow)
-$14,549
$201,170
Cash Investment
Down Payment
$165,800
Renos & Furnishing
$10,500
Closing Costs
$24,870
Total
$201,170
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-7.23%
Cap Rate
4.99%
STR Tax Calculator (USA)
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
$39,345
Deductible property tax
$8,207
Your total deduction
$98,126
Your adjusted annual income
$150,000 - $98,126 = $51,874
Taxes on $51,874 (30%)
$15,562
Your old tax bill
$45,000
Your new tax bill
$15,562
Estimated tax savings
$29,438
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
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Year built:
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Size:
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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: 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: -