BNBCalc Short Term Rental Investment Analysis 1721 N Bissell St

3 bed • 2 bath • 9 guests • $856,700

BNB

Calc

Annual Revenue

$95,186

Profit (Cash Flow)

$5,178

Cap Rate

8.1%

Annual Revenue

$95,186

AirDNA projects $357/night at 73% occupancy ($95,186). Airbtics projects $319/night at 65% occupancy ($75,733). Airbtics predicts this property will perform in the 43% revenue percentile

BNB Calc projects a 73% occupancy rate, $357 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$56,379	$85,510	$106,855	$125,020
Occupancy	56%	66%	76%	85%
Nightly Rate	$265	$340	$372	$391

Seasonality (Profit by Month)

Return Metrics

4.31% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$5,178	$10,356	$15,534	$20,712	$25,890	$51,781	$155,343
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$9,468	$19,520	$30,192	$41,523	$53,552	$125,787	$771,030
Down Payment	$85,670	$85,670	$85,670	$85,670	$85,670	$85,670	$85,670
Property Appreciation	$25,701	$52,173	$79,439	$107,523	$136,450	$294,633	$1,222,735
Total Return	$126,017	$167,719	$210,836	$255,429	$301,563	$557,872	$2,234,779

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

4.31%

Cap Rate

8.06%

Return on Investment

33.65%

1721 N Bissell St Chicago, Illinois, 60614-5554

3 bed • 2 bath • 9 guests

Purchase Price

Est. $4,109/mo

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$856,700

Zestimate

Chicago

Guide

Zoning

Market

Guide

Laws

Market Data

$95,186

Annual Revenue

BNBCalc predicts this property will get $319 per night with 65% occupancy, putting it in the top 43% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 31% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

$5,178

Profit

Revenue

$95,186

Operating Expenses

$26,054

Operating Income

$69,132

Mortgage & Taxes

$63,954

Profit (Cash Flow)

$5,178

$119,871

Cash Investment

Down Payment

$85,670

Renos & Furnishing

$8,500

Closing Costs

$25,701

Total

$119,871

DSCR Ratio

Acceptable

1.08

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

4.31%

Cap Rate

8.06%

Return on Investment

33.65%

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

$45,742

Deductible property tax

$8,481

Your total deduction

$97,154

Your adjusted annual income

$150,000 - $97,154 = $52,846

Taxes on $52,846 (30%)

$15,854

Your old tax bill

$45,000

Your new tax bill

$15,854

Estimated tax savings

$29,146

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:

882 sqft

Year built:

1989

Size:

1,616 sqft

Type:

SFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1713 N Bissell St	3	3	1,616	-	1,301	1989	$1,200,000	655
1923 N Sheffield Ave Apt A	2	2	1,152	-	1,116	1999	$495,000	-
1673 N Bissell St	4	3	2,146	-	1,915	1993	$1,380,000	110
1915 N Sheffield Ave	3	1	1,092	-	3,000	1898	$650,000	42
1839 N Fremont St	4	4	3,036	-	3,125	1891	$1,850,000	-
1980 N Maud Ave Apt G	2	2	2,279	-	842	1993	$910,000	-
2221 N Burling St	4	3	5,102	-	3,000	1996	$3,625,000	458
1821 N Sedgwick St	2	3	3,060	-	4,500	1983	$3,800,000	167
2223 N Burling St	4	3	5,102	-	3,000	1996	$3,625,000	493
1945 N Hudson Ave Unit B	2	2	915	-	692	1971	$510,000	-

Property Details

MLS Status: property-details-mls-status-pending

Property Use: Townhouse

Stories: 3

Lot size: 882 sqft

Building area: 1,616 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 14-32-421-015

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2021

Assessed Value: $64,000

County Est. Land Value: $110,250

Assessed Land Value: $11,025

County Est. Structure Value: $529,750

Market Estimate: $1,069,131

Sale history

Date	Sale Price	% Financed	Buyer
11/19/20	$640,000	100%	Bailey Truesdell, Cristina N Favia
02/27/16	$0	0%	Otto C Odendahl, Kathy J Odendahl
08/04/15	$610,000	80%	Otto C Odendahl, Charles N Odendahl
08/01/05	$527,500	80%	Walter R Saunders

Ownership

Name: Truesdell Bailey

Owner Occupied: Yes

Owner Mailing Address: 1721 N Bissell St, Chicago, Il 60614

Years Owned: 39

Home Equity: $71,000

Mortgage Balance Remaining: $640,000

Financed amount: 80%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

High School: Lincoln Park High School with 6/10 star rating