BNBCalc Short Term Rental Investment Analysis 1801 Elliot Ave 5, Minneapolis, MN 55404

2 bed • 1 bath • 6 guests • $89,900

BNB

Calc

Annual Revenue

$30,863

Profit (Cash Flow)

$7,107

Cap Rate

14.7%

Annual Revenue

$30,863

AirDNA projects $130/night at 65% occupancy ($30,863). Airbtics projects $163/night at 67% occupancy ($39,888). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 65% occupancy rate, $130 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$23,762	$35,638	$52,524	$93,837
Occupancy	57%	66%	76%	87%
Nightly Rate	$107	$140	$177	$280

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Ekman Carriage House	$60,840	$266	58%	2	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (62)
The Groveland Carriage House	$57,803	$175	84%	2	2	1	$95	✅	❌	❌	Y / Y	⭐️ 5 (66)
Downtown MPLS Eclectic Flat with Modern Upgrades!	$27,816	$126	56%	2	2	2	$110	❌	❌	❌	Y / Y	⭐️ 4.7 (209)
Capacious 2BR Condo Downtown Minneapolis 447	$66,177	$287	63%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4.8 (26)
Elegant 2BR Condo Downtown Minneapolis 455	$63,026	$287	60%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4.9 (39)
Sonder at Sora \| Two-Bedroom Apartment w/ Balcony	$58,271	$183	87%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (82)
Kasa \| Family 2BD, Lowry Hill \| Minneapolis	$46,729	$527	24%	2	2	2	$30	❌	❌	✅	Y / Y	⭐️ 4.5 (175)
Modern 2BR Condo Downtown Minneapolis 255	$17,491	$81	59%	2	2	1	$0	✅	✅	✅	Y / Y	⭐️ 4.6 (23)
2BR DT - Amazing View from Balcony!	$49,315	$144	90%	2	2	1	$75	✅	❌	❌	Y / Y	⭐️ 4.8 (53)
Sonder at East End \| Superior 2BR Apt w/ Balcony	$41,307	$198	57%	2	2	1	$0	✅	❌	❌	Y / Y	⭐️ 4.8 (129)
Frontdesk \| Stylish + Modern 2BR in Downtown East	$57,237	$155	93%	2	2	1	$45	❌	❌	❌	Y / Y	⭐️ 4.7 (367)
Cozy 3rd Floor Apartment Near Downtown [5-6]	$21,611	$125	46%	2	1	2	$35	❌	❌	❌	N / Y	⭐️ 4.5 (7)
Private Garden Suite in Powderhorn Neighborhood	$34,257	$89	87%	2	2	1	$55	❌	❌	✅	N / Y	⭐️ 5 (432)
Brand New 2 Bedroom 2 Bathroom Eat Street Apt	$42,097	$213	54%	2	2	1	$0	❌	❌	✅	Y / Y	⭐️ 4.5 (14)
Sonder at Vicinity \| Superior 2BR Apt w/ Balcony	$41,548	$172	66%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.6 (45)
Spacious Urban Apt with Private, Tree-level Porch	$37,600	$131	75%	2	1	1	$40	❌	❌	❌	Y / Y	⭐️ 4.8 (371)
Sonder at LUNA \| Spacious 2BR Apt w/ Balcony	$59,029	$192	84%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (51)
Charming, & Sunny Two Bedroom Home in South Mpls	$21,662	$87	62%	2	1	2	$70	❌	❌	✅	Y / Y	⭐️ 4.5 (39)
Sleeps 4Full KitchenFree Parking1.5mi to MPLS	$21,413	$80	61%	2	1	1	$94	❌	❌	❌	Y / Y	⭐️ 4.7 (71)
Extra Large 2 Bed Apt, Washer/Dryer, Rooftop Patio	$76,720	$446	47%	2	2	1	$0	✅	❌	❌	Y / Y	⭐️ 4.7 (232)
Sunny, Spacious Minneapolis Getaway!	$44,463	$137	84%	2	2	1	$75	✅	❌	❌	Y / Y	⭐️ 4.9 (71)
The Seward House	$37,552	$135	76%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (540)
MINNeSTAY* Dove's Nest \| Earth Home \| Minneapolis	$46,521	$144	75%	2	1	1	$209	❌	❌	❌	Y / Y	⭐️ 4.9 (26)
Classic 2Br Minneapolis Duplex Unit, Fully Stocked	$30,025	$101	76%	2	1	1	$60	❌	❌	✅	Y / Y	⭐️ 4.9 (75)
★ The River Parkway Loft★Park Nextdoor, Walkable★	$26,900	$120	50%	2	1	1	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (95)
Seward - Sunny 2 bedroom	$23,753	$90	66%	2	1	2	$60	❌	❌	❌	Y / Y	⭐️ 4.8 (189)
Fantastic 2BR Condo Downtown Minneapolis 511	$17,422	$85	56%	2	1	3	$0	✅	✅	❌	Y / Y	⭐️ 4.8 (35)
Cozy Apt. near DT/UofM/River/parks and lakes - 1	$29,699	$110	67%	2	1	3	$155	❌	❌	❌	Y / Y	⭐️ 4.9 (70)
"A Classic Row-House in Downtown Minneapolis"	$35,428	$122	76%	2	1	2	$60	❌	❌	❌	Y / Y	⭐️ 5 (280)
Historic Minneapolis Mansion - 3rd Floor Apt.	$28,552	$176	42%	2	1	2	$90	❌	❌	✅	Y / Y	⭐️ 4.9 (73)
Cozy 2 BR Condo Downtown Minneapolis 101	$21,309	$82	71%	2	1	2	$0	✅	✅	✅	Y / Y	⭐️ 4.8 (35)
Unique 2BR Condo Downtown Minneapolis 445	$62,513	$280	61%	2	1	1	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (30)
Hidden Gem: Walkable 2BR w/Pool, Gym & Balcony!	$50,601	$152	87%	2	2	1	$75	✅	❌	❌	Y / Y	⭐️ 4.8 (46)
Cozy Historic Carriage House	$33,382	$158	55%	2	1	1	$110	❌	❌	❌	Y / Y	⭐️ 4.8 (20)
Cheery Craftsman Bungalow (private door + pets)	$34,895	$118	78%	2	1	1	$50	❌	❌	✅	N / Y	⭐️ 5 (89)
Cozy/Clean 2BR upstairs unit in S Minneapolis	$24,383	$85	72%	2	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (111)
Sweet retreat in fantastic uptown close to lakes.	$37,168	$149	63%	2	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (24)
Cozy Apt. near DT/UofM/River/parks and lakes - 4	$35,995	$119	79%	2	1	2	$144	❌	❌	❌	Y / Y	⭐️ 4.7 (33)
Historic One-of-a-kind Carriage House	$39,528	$144	75%	2	2	30	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (11)
Cozy 2 BR Condo Downtown Minneapolis 311	$20,353	$83	67%	2	1	1	$0	✅	✅	✅	Y / Y	⭐️ 4.8 (28)

Return Metrics

26.39% 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)	$7,106	$14,213	$21,319	$28,426	$35,532	$71,065	$213,196
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$71,920	$71,920	$71,920	$71,920	$71,920	$71,920	$71,920
Down Payment	$17,980	$17,980	$17,980	$17,980	$17,980	$17,980	$17,980
Property Appreciation	$2,697	$5,474	$8,336	$11,283	$14,318	$30,918	$128,310
Total Return	$99,703	$109,587	$119,555	$129,609	$139,751	$191,883	$431,407

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

26.39%

Cap Rate

14.65%

Return on Investment

39.68%

1801 Elliot Ave 5 Minneapolis, MN, 55404

2 bed • 1 bath • 6 guests

Purchase Price

Est. $431/mo

This property is for sale!

Contact Agent

160

Airbnb Investor Score

$7,106

Annual Profit

14.7%

Cap Rate

26.4%

Cash on Cash

$30,863

Annual Revenue

BNBCalc predicts this property will get $163 per night with 67% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 56% of comparables

Seasonality

40 Airbnb Comparables

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

$39,559

Avg annual revenue

67%

Avg occupancy rate

$163

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

$55k

$80k

$7,107

Profit

Revenue

$30,863

Operating Expenses

$17,692

Operating Income

$13,171

Mortgage & Taxes

$6,064

Profit (Cash Flow)

$7,107

$26,927

Cash Investment

Down Payment

$17,980

Renos & Furnishing

$6,250

Closing Costs

$2,697

Total

$26,927

DSCR Ratio

Strong

2.17

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

26.39%

Cap Rate

14.65%

Return on Investment

39.68%

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

$4,267

Deductible property tax

$890

Your total deduction

$2,662

Your adjusted annual income

$150,000 - $2,662 = $147,338

Taxes on $147,338 (30%)

$44,201

Your old tax bill

$45,000

Your new tax bill

$44,201

Estimated tax savings

$799

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:

OTHER

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: OTHER

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: -