BNBCalc Short Term Rental Investment Analysis 204 N Harrison St, Princeton, NJ, 08540

2 bed • 2 bath • 6 guests • $1,234,300

BNB

Calc

Report by:

J H

jennyhhan@gmail.com

Annual Revenue

$90,343

Profit (Cash Flow)

-$18,343

Cap Rate

5.3%

Annual Revenue

$90,343

AirDNA projects $242/night at 72% occupancy ($63,640). Airbtics projects $256/night at 68% occupancy ($63,581). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 85% occupancy rate, $291 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$40,103	$61,366	$92,367	$134,685
Occupancy	58%	75%	85%	97%
Nightly Rate	$185	$218	$291	$373

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Lovely 2-Bedroom Apartment in a Princeton House	$47,265	$186	67%	2	1	3	$150	❌	❌	❌	N / Y	⭐️ 4.8 (19)
2 bedroom home, private entry duplex with parking	$58,973	$184	84%	2	1	1	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (91)
Perfect 2BR Condo in Princeton w/ Parking	$53,936	$197	72%	2	1	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (141)
Downtown Oasis Second-Floor Condo	$57,189	$199	76%	2	1	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (85)
Nassau Condo in the Heart of Princeton w/Parking	$71,080	$236	79%	2	1	2	$135	❌	❌	✅	Y / Y	⭐️ 5 (248)
Einstein Lounge Downtown -2BR w/Loft & Fenced Yard	$73,281	$251	78%	2	1	2	$135	❌	❌	✅	Y / Y	⭐️ 5 (187)
Sunny Downtown 2BR w/ Parking	$70,771	$208	90%	2	1	1	$120	❌	❌	✅	Y / Y	⭐️ 5 (94)
The Cottage	$52,398	$367	36%	2	1	2	$100	❌	❌	✅	N / Y	⭐️ 5 (15)
Contemporary 2BR in Princeton	$39,695	$294	35%	2	1	2	$50	❌	❌	❌	Y / N	⭐️ 5 (8)
* Princeton Jct Hideaway * 2 Bedroom Apartment *	$40,978	$143	75%	2	1	1	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (290)
Downtown Oasis FIrst-Floor Condo	$78,338	$238	89%	2	2	2	$135	❌	❌	✅	Y / Y	⭐️ 4.9 (89)
Spacious Downtown 2BR w/ Parking	$70,474	$210	89%	2	2	1	$120	❌	❌	✅	Y / Y	⭐️ 5 (78)
1830 Canal House	$40,892	$129	85%	2	1	2	$105	❌	❌	❌	Y / Y	⭐️ 5 (115)
Luxury condo walk to town shops and university	$39,448	$233	45%	2	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (106)
Quiet apartment near downtown Princeton	$82,121	$219	100%	2	2	1	$60	❌	❌	❌	N / Y	⭐️ 4.7 (13)
Dreamy 2BR in Downtown Princeton	$50,876	$240	56%	2	1	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (21)
PENTHOUSE PRIME PRINCETON LOCATION RIGHT IN CENTER	$121,155	$846	35%	2	2	3	$300	❌	❌	❌	Y / Y	⭐️ 5 (7)
Fun & Funky 2BR in Downtown Princeton	$71,077	$288	65%	2	1	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (18)
Private Oasis Ranch • In Town Princeton • 2BR/2B	$56,862	$175	84%	2	2	1	$120	❌	❌	✅	Y / Y	⭐️ 4.8 (143)
Palmer Square 2BR w/ Parking	$77,500	$209	98%	2	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (59)
Princeton Gem - Walk Everywhere!	$66,439	$290	62%	2	2	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (43)
Princeton Writer's Nest	$55,368	$244	62%	2	1	1	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (14)
Dreamy Clean Guest House - 7 min from Princeton	$37,193	$139	70%	2	1	4	$105	❌	❌	❌	Y / Y	⭐️ 4.9 (86)
Large Townhouse \| Downtown Princeton \| University	$128,883	$422	82%	2	3	2	$150	❌	❌	✅	Y / Y	⭐️ 4.9 (19)
Spacious, well designed guest house near Princeton	$51,956	$218	63%	2	2	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (77)
Cozy apartment on wooded estate	$44,121	$338	33%	2	1	14	$100	❌	❌	✅	Y / Y	⭐️ 4.8 (30)
Best Shared Downtown place steps to town	$42,548	$123	94%	2	2	1	$95	❌	❌	❌	Y / Y	⭐️ 4.9 (18)
Cozy 2bd 2ba Condo near Princeton & New Brunswick	$43,971	$136	85%	2	2	3	$125	✅	❌	❌	Y / Y	⭐️ 5 (42)
Cozy Princeton 2br Apartment	$35,472	$114	85%	2	1	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (5)
Princeton condo convenient and quiet location	$50,017	$226	59%	2	2	3	$155	❌	❌	❌	Y / Y	⭐️ 4.9 (57)
Charming Guesthouse in Princeton	$61,781	$211	80%	2	1	3	$0	❌	❌	❌	Y / Y	⭐️ 0 (1)
European Style Decorator House Plainsboro Center	$32,305	$91	97%	2	3	10	$100	✅	✅	❌	Y / Y	⭐️ 5 (13)
2BR Oasis in the Heart of Downtown Princeton	$53,875	$368	40%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (8)
Romantic getaway, birthday party, baby shower etc	$19,532	$667	8%	2	1	1	$0	✅	❌	✅	Y / Y	⭐️ 0 (0)
Princeton Center -stylishly remodeled home	$46,116	$126	100%	2	2	21	$60	❌	❌	❌	Y / Y	⭐️ 0 (0)
Charming Princeton Home	$112,187	$300	100%	2	2	3	$300	❌	❌	❌	Y / Y	⭐️ 5 (20)
2BR Penthouse Apartment in Downtown Princeton	$21,713	$349	17%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 0 (2)
Studio + bedroom in 1770 house	$32,574	$207	43%	2	1	3	$0	❌	❌	❌	Y / N	⭐️ 0 (1)
Downtown Princeton Chic	$100,911	$452	61%	2	2	2	$0	❌	❌	✅	Y / Y	⭐️ 0 (5)
2 Bed, 2 Bath, w/Bonus Loft Area	$56,218	$193	77%	2	2	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (5)

Return Metrics

-6.31% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$18,343	-$36,686	-$55,030	-$73,373	-$91,717	-$183,434	-$550,304
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$12,125	$24,999	$38,667	$53,178	$68,584	$161,093	$987,440
Down Payment	$246,860	$246,860	$246,860	$246,860	$246,860	$246,860	$246,860
Property Appreciation	$37,029	$75,168	$114,452	$154,915	$196,591	$424,495	$1,761,670
Total Return	$277,671	$310,341	$344,949	$381,579	$420,318	$649,014	$2,445,665

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-6.31%

Cap Rate

5.25%

Return on Investment

10.61%

204 N Harrison St Princeton, New Jersey, 08540

2 bed • 2 bath • 6 guests

Purchase Price

Est. $5,920/mo

Inquire about this property

Contact J

$1,234,300

Zestimate

-13

Airbnb Investor Score

-$18,343

Annual Profit

5.3%

Cap Rate

-6.3%

Cash on Cash

$90,343

Annual Revenue

BNBCalc predicts this property will get $256 per night with 68% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 28% 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.

$58,687

Avg annual revenue

68%

Avg occupancy rate

$256

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

$20k

$55k

$90k

$130k

-$18,343

Profit

Revenue

$90,343

Operating Expenses

$25,425

Operating Income

$64,918

Mortgage & Taxes

$83,262

Profit (Cash Flow)

-$18,343

$290,389

Cash Investment

Down Payment

$246,860

Renos & Furnishing

$6,500

Closing Costs

$37,029

Total

$290,389

DSCR Ratio

Weak

0.78

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-6.31%

Cap Rate

5.25%

Return on Investment

10.61%

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

$58,581

Deductible property tax

$12,220

Your total deduction

$141,520

Your adjusted annual income

$150,000 - $141,520 = $8,480

Taxes on $8,480 (30%)

$2,544

Your old tax bill

$45,000

Your new tax bill

$2,544

Estimated tax savings

$42,456

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:

0.28 sqft

Year built:

1970

Size:

2,572 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 0.28 sqft

Building area: 2,572 sqft

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: No

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $1,234,300

Schools

Elementary School: Community Park Elementary School with 6/10 star rating
Middle School: J Witherspoon Middle School with 7/10 star rating
High School: Princeton High School with 6/10 star rating