BNBCalc Short Term Rental Investment Analysis 2 Normanskill Drive, Albany, NY

3 bed • 1 bath • 9 guests • $212,500

BNB

Calc

Annual Revenue

$53,421

Profit (Cash Flow)

$18,461

Cap Rate

15.4%

Annual Revenue

$53,421

AirDNA projects $200/night at 48% occupancy ($35,063). Airbtics projects $180/night at 59% occupancy ($38,788). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 71% occupancy rate, $206 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$25,707	$38,041	$55,006	$80,658
Occupancy	48%	59%	71%	85%
Nightly Rate	$143	$172	$206	$253

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Charming 170-Year-Old Home in the Heart of Albany	$55,240	$160	91%	3	2	1	$75	❌	❌	✅	Y / Y	⭐️ 5 (181)
The Allen House Gorgeous Apartment - Sleeps 8	$47,533	$253	49%	3	2	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (87)
Carriage House The Argus Hotel	$67,395	$341	54%	3	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (14)
Charming dog friendly home with private yard!	$50,292	$188	70%	3	2	1	$199	❌	❌	✅	Y / Y	⭐️ 4.8 (103)
Elegant Albany Retreat \| Mins to D/T & UAlbany	$60,979	$190	85%	3	2	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (32)
Entire Beautiful French Victorian 1884	$37,175	$306	33%	3	4	2	$45	❌	❌	✅	Y / Y	⭐️ 4.8 (56)
/Fire Place Bungalow\ 1917 SUNY Eagle 6Beds 2Baths	$34,450	$218	42%	3	2	1	$60	❌	❌	✅	Y / Y	⭐️ 5 (168)
* Quaint home located in residential neighborhood*	$32,355	$238	36%	3	1	2	$99	❌	❌	✅	Y / Y	⭐️ 4.9 (89)
* Adorable home w/parking near great restaurants *	$33,536	$172	52%	3	1	2	$99	❌	❌	✅	Y / Y	⭐️ 5 (121)
Spacious 3BR with 2BA & Laundry	$35,037	$177	52%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (26)
The Blue House Incredible 3 Bedroom Apartment	$32,666	$172	49%	3	1	1	$70	❌	❌	❌	Y / Y	⭐️ 4.8 (128)
3 bedroom quiet neighborhood w/ off street parking	$38,634	$140	68%	3	1	3	$135	❌	❌	❌	Y / Y	⭐️ 5 (114)
Great home in Albany	$32,415	$104	81%	3	1	2	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (58)
Rustic Farmhouse Meets Chic!	$57,039	$205	71%	3	1	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (62)
The Rustic Home 3 Bedroom Second Floor Apartment	$43,507	$174	67%	3	1	1	$70	❌	❌	❌	Y / Y	⭐️ 4.8 (150)
Spacious Home Away from Home!	$46,967	$170	73%	3	2	3	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (18)
Albany-3 bedrooms apt (3rd fl) A&A-Sisters Rental	$23,844	$196	31%	3	1	1	$120	❌	❌	✅	N / N	⭐️ 4.2 (18)
The Rizzy Stay	$41,657	$195	56%	3	1	1	$55	❌	❌	✅	Y / Y	⭐️ 4.4 (24)
3br/2ba Near Alb Med & St.Petes.	$30,567	$116	72%	3	2	14	$150	❌	❌	✅	Y / Y	⭐️ 5 (2)
Central Albany Apartment: Walk to State Capitol!	$20,873	$170	32%	3	1	3	$114	❌	❌	❌	Y / Y	⭐️ 4 (27)
Modern and Cozy Pine Hills Home from Early 1900s	$24,705	$150	45%	3	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (7)
Perfect for Families and Traveling Professionals	$49,818	$150	88%	3	1	30	$125	❌	❌	✅	Y / Y	⭐️ 5 (101)
House w/ fish pond, gardens, sunroom and foosball	$36,126	$128	71%	3	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (13)
The Bluebird’s Nest	$26,350	$118	56%	3	1	1	$45	❌	❌	✅	Y / Y	⭐️ 4.6 (33)
/Purple Potty Penthouse\ 1928 Pine Hill 4Bed 1Bath	$45,663	$257	48%	3	1	2	$75	❌	❌	✅	Y / Y	⭐️ 4.8 (9)
Lovely 3-bedroom apartment with indoor fireplace.	$14,684	$144	27%	3	1	2	$65	❌	❌	❌	Y / Y	⭐️ 4.5 (17)
Spacious, Modern Gem in Melrose - Pet Friendly	$39,510	$127	85%	3	2	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (29)
Modernized City Home with Private Garden	$27,877	$225	32%	3	2	5	$125	❌	❌	❌	Y / Y	⭐️ 5 (35)
Charming Home in Delmar, Pets Welcome	$64,050	$175	100%	3	3	2	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
Downtown Historic 3 Bedroom, private parking	$54,570	$210	71%	3	2	30	$0	❌	❌	✅	Y / Y	⭐️ 5 (8)
Center Square Serenity: 2-Bedroom Elegance	$26,172	$117	58%	3	1	1	$110	❌	❌	❌	N / N	⭐️ 3.5 (2)
Cozy Albany Home	$41,899	$159	72%	3	1	2	$0	❌	❌	❌	Y / Y	⭐️ 0 (3)
Not available anymore. Do not reserve.	$39,283	$166	62%	3	1	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (33)
Cozy Vermont Colonial	$63,684	$174	100%	3	2	1	$0	❌	❌	❌	Y / N	⭐️ 0 (0)
Carriage House at Argus Hotel on Washington Park	$12,102	$373	8%	3	2	1	$50	❌	❌	❌	Y / Y	⭐️ 4.8 (97)
Charming Albany Retreat ~ 3 Mi to Downtown!	$47,170	$212	59%	3	1	2	$114	❌	❌	❌	N / Y	⭐️ 4.7 (9)
Updated 3/1 unit for Professionals and Families	$24,003	$101	61%	3	1	3	$100	❌	❌	✅	Y / Y	⭐️ 4.2 (10)
493 Washington Ave, Albany 12206, 1st Floor	$22,840	$104	60%	3	1	3	$0	❌	❌	❌	N / N	⭐️ 0 (2)
Peaceful 3 Bedroom in the Heart of Central Albany	$35,212	$145	65%	3	1	1	$90	✅	❌	❌	Y / Y	⭐️ 4.9 (56)
Albany 3 Bedroom Apt. Sleeps 6	$23,998	$113	54%	3	1	14	$100	❌	❌	❌	Y / Y	⭐️ 5 (12)

Return Metrics

32.31% 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)	$18,461	$36,922	$55,383	$73,845	$92,306	$184,613	$553,839
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,087	$4,303	$6,657	$9,155	$11,807	$27,734	$170,000
Down Payment	$42,500	$42,500	$42,500	$42,500	$42,500	$42,500	$42,500
Property Appreciation	$6,375	$12,941	$19,704	$26,670	$33,845	$73,082	$303,293
Total Return	$69,423	$96,667	$124,245	$152,171	$180,459	$327,929	$1,069,633

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

32.31%

Cap Rate

15.43%

Return on Investment

47.13%

2 Normanskill Dr Albany, New York, 12209

3 bed • 1 bath • 9 guests

Purchase Price

Est. $1,019/mo

Inquire about this property

Contact Agent

$212,500

Zestimate

Albany

Zoning

Laws

183

Airbnb Investor Score

$18,461

Annual Profit

15.4%

Cap Rate

32.3%

Cash on Cash

$53,421

Annual Revenue

BNBCalc predicts this property will get $180 per night with 59% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 31% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$38,546

Avg annual revenue

59%

Avg occupancy rate

$180

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

$10k

$30k

$50k

$70k

$18,461

Profit

Revenue

$53,421

Operating Expenses

$20,625

Operating Income

$32,796

Mortgage & Taxes

$14,335

Profit (Cash Flow)

$18,461

$57,125

Cash Investment

Down Payment

$42,500

Renos & Furnishing

$8,250

Closing Costs

$6,375

Total

$57,125

DSCR Ratio

Strong

2.29

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

32.31%

Cap Rate

15.43%

Return on Investment

47.13%

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

$10,085

Deductible property tax

$2,104

Your total deduction

$3,729

Your adjusted annual income

$150,000 - $3,729 = $146,271

Taxes on $146,271 (30%)

$43,881

Your old tax bill

$45,000

Your new tax bill

$43,881

Estimated tax savings

$1,119

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:

1.3 sqft

Year built:

1920

Size:

1,082 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Other, Other

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 1.3 sqft

Building area: 1,082 sqft

Garage: No

Heating: Other, other

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: Garage - Detached

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: 0101007519248

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $200,480

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $212,500

Schools

Elementary School: New Scotland Elementary School with 5/10 star rating
Middle School: William S Hackett Middle School with 3/10 star rating
High School: Albany High School with 4/10 star rating