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BNBCalc Short Term Rental Investment Analysis 2212 S Phillips Ave, Sioux Falls, SD, 57105

3 bed • 1 bath • 8 guests • $246,700

BNB

Calc

Annual Revenue

$42,843

Profit (Cash Flow)

$6,952

Cap Rate

9.6%

Annual Revenue

$42,843

AirDNA projects $217/night at 43% occupancy ($34,080). Airbtics projects $149/night at 60% occupancy ($32,652). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 69% occupancy rate, $170 rate per night.

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

Percentiles25%50%75%90%
Revenue$21,935$30,792$44,786$59,706
Occupancy52%59%69%78%
Nightly Rate$110$136$170$202

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Blue House

No image available

$30,417
$117
69%
31.51$30❌❌❌Y / Y⭐️ 5 (133)
Wonderful Home in Central Sioux Falls

No image available

$26,848
$106
65%
322$80❌❌✅Y / Y⭐️ 5 (158)
Centrally Located Updated 1927 Art Deco

No image available

$39,827
$196
53%
322$100❌❌❌Y / Y⭐️ 5 (32)
Remodeled Historical Charmer

No image available

$34,695
$189
49%
32.52$200✅❌❌Y / Y⭐️ 5 (30)
Centrally located downtown home with arcade room

No image available

$34,175
$136
66%
321$60❌❌❌Y / Y⭐️ 5 (200)
Cozy 1925 Craftsman, Large Yard, Walk to Downtown

No image available

$26,517
$111
59%
321$98❌❌❌Y / Y⭐️ 5 (100)
Sioux Falls Hidden Gem

No image available

$27,228
$108
63%
321$75❌❌✅Y / Y⭐️ 5 (106)
Massage Chair, King Bed, Book Now! Place to B

No image available

$40,419
$214
49%
31.51$120❌❌❌Y / Y⭐️ 5 (55)
Casalona | Central • Boho, Mid-Mod Stay w/ Sunroom

No image available

$29,065
$104
71%
321$60❌❌✅Y / Y⭐️ 5 (624)
Elegant&Cozy-Country Club, Sanf. Med., Auggie&USF

No image available

$21,698
$105
53%
321$35❌❌❌Y / Y⭐️ 5 (610)
Luxury&Cozy-Country Club, Sanf. Med., Auggie&USF

No image available

$26,359
$103
65%
321$35❌❌❌Y / Y⭐️ 5 (666)
Casa de Grandma & Tito

No image available

$28,510
$113
67%
321$100❌❌❌Y / Y⭐️ 5 (49)
Vintage Hospitality | Mid Century Retro Retreat

No image available

$40,407
$138
80%
311$0❌❌❌Y / Y⭐️ 5 (184)
Convenient & Remodeled

No image available

$25,923
$84
80%
312$55❌❌✅Y / Y⭐️ 4.9 (65)
Aspen Villa-Country Club, Univ. Auggie USF&Sanford

No image available

$34,460
$192
47%
321$75❌❌❌Y / Y⭐️ 5 (96)
Historic | Dog Friendly | Downtown | Near Sanford

No image available

$27,031
$122
58%
311$85❌❌✅Y / Y⭐️ 5 (50)
The University Cottage: 3 Bed/2 Ba

No image available

$22,875
$104
56%
321$75❌❌✅Y / Y⭐️ 5 (41)
Brick House

No image available

$36,234
$165
60%
31.51$0❌❌❌Y / Y⭐️ 5 (39)
The Firehouse: 3 bed, Central Location, Historic

No image available

$45,563
$160
74%
31.51$120❌❌✅Y / Y⭐️ 5 (69)
House on Phillips

No image available

$32,742
$126
71%
323$0❌❌❌Y / Y⭐️ 4.5 (25)
Charming Home In The Middle of Town!

No image available

$22,474
$98
58%
322$80❌❌✅Y / Y⭐️ 5 (89)
Stylish & Modern |Cornhole+PingPong • Mins to Most

No image available

$58,223
$388
41%
321$0❌❌❌Y / Y⭐️ 5 (34)
Vibrant Bungalow Get-a-way

No image available

$27,125
$120
59%
312$100❌❌✅Y / Y⭐️ 4.5 (19)
Take It Easy! 3 Bedroom APT

No image available

$21,053
$85
58%
311$75❌❌✅Y / Y⭐️ 4.5 (23)
Near Downtown Sanford Airport Premiere center

No image available

$33,281
$130
66%
311$90❌❌✅Y / Y⭐️ 5 (103)
Central Sioux Falls Mid-Century Spacious Ranch

No image available

$54,249
$207
69%
322$150❌❌❌Y / Y⭐️ 5 (17)
Madmen Inspired | 3bdrm | Family Friendly

No image available

$27,621
$127
56%
312$130❌❌❌Y / Y⭐️ 5 (18)
Casablanca

No image available

$59,645
$202
76%
321$125❌❌✅Y / Y⭐️ 5 (32)
The Cozy Home

No image available

$20,433
$163
34%
3230$20❌❌❌Y / Y⭐️ 4.8 (16)
Duluth Dreamer: 3 bed + office, huge primary suite

No image available

$45,804
$166
73%
321$120❌❌✅Y / Y⭐️ 5 (68)
Get together Rancher home, Hot Tub/Sunroom/Arcade

No image available

$35,903
$140
65%
311$90❌✅✅Y / Y⭐️ 5 (62)
Modern home w/3 living area. Lovely dining area.

No image available

$43,152
$139
78%
311$125❌❌✅Y / Y⭐️ 5 (53)
Sioux Falls Get-A-Way

No image available

$23,332
$116
50%
311$70❌❌✅Y / Y⭐️ 4.8 (14)
Elegant Entire House, Hot Tub, Perfect Location!

No image available

$45,764
$136
89%
321$68❌✅❌Y / Y⭐️ 5 (31)
Charming 3-Bedroom Duplex Apartment Near Downtown

No image available

$35,121
$110
85%
312$100❌❌✅Y / Y⭐️ 5 (25)
Rose Street Retreat

No image available

$43,620
$202
59%
322$0✅✅❌N / N⭐️ 5 (35)
Cozy Family Home - Center of Sioux Falls!

No image available

$36,054
$262
35%
312$89❌❌✅Y / Y⭐️ 5 (111)
Sioux Falls Home Away From Home!

No image available

$24,442
$159
42%
32.52$0❌❌❌Y / Y⭐️ 5 (23)

Return Metrics

10.69% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$6,951$13,903$20,855$27,807$34,759$69,519$208,557
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$197,360$197,360$197,360$197,360$197,360$197,360$197,360
Down Payment$49,340$49,340$49,340$49,340$49,340$49,340$49,340
Property Appreciation$7,401$15,024$22,875$30,963$39,292$84,844$352,105
Total Return$261,052$275,627$290,431$305,470$320,752$401,063$807,362

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

10.69%

Cap Rate

9.56%

Return on Investment

25.81%

property-location

2212 S Phillips Ave Sioux Falls, South Dakota, 57105

3 bed • 1 bath • 8 guests

Est. $1,183/mo

Agent

Inquire about this property

Contact Agent

$256,700

Zestimate

Sioux Falls

Guide

Zoning

Guide


Laws

72

Airbnb Investor Score

$6,951

Annual Profit

9.6%

Cap Rate

10.7%

Cash on Cash

$42,843

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $217/night at 43% occupancy.Projected nightly rate is $149/night at 60% occupancy.

Top 28% of comparables

Top 26% of comparables


Seasonality

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40

Airbnb Comparables

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

$33,047

Avg annual revenue

60%

Avg occupancy rate

$149

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

$30k

$45k

$60k

Sign up to see the data on 40 all comparables

$6,952

Profit

Revenue

$42,843

Operating Expenses

$19,250

Operating Income

$23,594

Mortgage & Taxes

$16,642

Profit (Cash Flow)

$6,952

$64,991

Cash Investment

Down Payment

$49,340

Renos & Furnishing

$8,250

Closing Costs

$7,401

Total

$64,991

DSCR Ratio

Strong

1.42

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

10.69%

Cap Rate

9.56%

Profit (Cummulative)

$6,952

$197,360

$8,250

$7,401

$0

Total Gain

$16,777

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

$11,709

Deductible property tax

$2,442

Your total deduction

$18,627

Your adjusted annual income

$150,000 - $18,627 = $131,373


Taxes on $131,373 (30%)

$39,412

Your old tax bill

$45,000

Your new tax bill

$39,412


Estimated tax savings

$5,588

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:

5,009 sqft

Year built:

1949

Size:

1,254 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Forced air, Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: -
  • Lot size: 5,009 sqft
  • Building area: 1,254 sqft
  • Garage: No
  • Heating: Forced air, gas
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: None
  • View: -
  • Parking: Garage - Attached
  • Amenities: Dishwasher, Microwave, Refrigerator
  • Price per square foot: $203

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 36797
  • Flood Zone: No

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $188,500
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $255,200


Schools

  • Elementary School: Susan B. Anthony Elementa with 4/10 star rating
  • Middle School: Patrick Henry Middle School - 07 with 7/10 star rating
  • High School: Lincoln High School - 02 with 4/10 star rating