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BNBCalc Short Term Rental Investment Analysis 227 Park Ave, River Forest, IL 60305

4 bed • 3 bath • 12 guests • $899,900

BNB

Calc

Annual Revenue

$69,973

Profit (Cash Flow)

-$13,508

Cap Rate

5.2%

Annual Revenue

$69,973

AirDNA projects $309/night at 62% occupancy ($69,973). Airbtics projects $281/night at 59% occupancy ($60,553). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 62% occupancy rate, $309 rate per night.

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

Percentiles25%50%75%90%
Revenue$35,568$62,212$85,214$114,065
Occupancy47%60%67%75%
Nightly Rate$195$268$329$390

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
Spacious Haven | 8-Min to Chicago | Sleeps 10
$37,989
$174
51%
421$157❌❌✅Y / Y⭐️ 4.9 (91)
Classic Oak Park Home, 11 Mi to Downtown Chicago!
$130,427
$502
66%
422$294❌❌❌Y / Y⭐️ 4.5 (45)
Modern Victorian Charm | A+ Location in OP
$93,140
$328
73%
422$220❌❌❌Y / Y⭐️ 5 (64)
Walk to Oak Park From Our Large Sun-Soaked Home!
$106,615
$288
99%
423$175❌❌✅Y / Y⭐️ 5 (26)
2B1ih1 J-M Spacious flrs cls dwntwn Chicago&Loyola
$26,361
$161
37%
431$95❌❌❌N / Y⭐️ 4.7 (61)
Top floor of Historic Oak Park Villa / 2 Car Grge
$75,825
$338
58%
411$97❌❌❌Y / Y⭐️ 5 (51)
Berwyn Bungalow
$56,239
$235
60%
423$210❌❌❌Y / Y⭐️ 4.8 (26)
Oak Park FLW Historic District! 4 BDRM FREE PKG
$47,913
$321
38%
422$250❌❌✅Y / Y⭐️ 4.8 (24)
The Oak Park Game Room 15 mins to Chicago Loop
$76,029
$384
52%
432$170❌❌❌N / N⭐️ 5 (24)
Picture-Perfect Oak Park Home- 18 Mins To Downtown
$98,033
$385
64%
423$350❌❌❌Y / Y⭐️ 4.9 (130)
Beautiful 4 bedroom 3 full bath Bungalow
$69,175
$274
67%
433$160❌❌❌Y / Y⭐️ 5 (68)
Attractive 2nd Floor Apartment
$53,143
$440
33%
411$0❌❌❌Y / N⭐️ 4.8 (5)
The Chicago Game Room (Oak Park, IL)
$79,114
$276
77%
423$150✅❌❌Y / Y⭐️ 5 (81)
The Brookfield Breakaway w/ Game Room
$114,709
$362
81%
422$210❌❌✅Y / Y⭐️ 5 (69)
Spacious Row Home next to Transit w Garage
$143,468
$620
61%
432$225❌❌✅Y / Y⭐️ 4.9 (67)
Beautiful Chicago Greystone
$33,891
$132
63%
412$140❌❌✅Y / Y⭐️ 4.9 (69)
Traditional Greystone Chicago 4-bedroom Duplex Apt
$49,236
$200
66%
422$99❌❌✅Y / Y⭐️ 4.9 (86)
Spacious, Artsy 4 BR/2 BA Apartment with Gameroom
$49,305
$287
45%
422$175✅❌❌N / Y⭐️ 4.9 (56)
Quick access to O'Hare & Chicago
$46,408
$281
41%
422$175❌❌❌N / N⭐️ 4.6 (10)
Little House With Big Punch-4BR/3BA-11 mins 2 Loop
$67,852
$302
55%
433$250❌❌❌Y / Y⭐️ 4.8 (59)
The cozy home away from home
$34,736
$182
46%
421$145❌❌✅Y / Y⭐️ 4.8 (18)
Garfield Park Escape
$28,439
$137
48%
411$100❌❌❌N / Y⭐️ 4.5 (128)
House in Portage Park
$36,563
$135
74%
422$0❌❌✅Y / Y⭐️ 4.2 (16)
Lovely 4-bedroom rental unit with free parking.
$26,262
$141
50%
412$35❌❌❌Y / Y⭐️ 5 (18)
Jacuzzi, King Beds, Easy Access to DT Chicago!
$64,721
$263
63%
432$185❌❌✅Y / Y⭐️ 5 (62)
Stunning 4 BR Home * Chicago * Centrally Located
$37,111
$235
41%
422$210❌❌❌Y / Y⭐️ 4.8 (56)
The Skyway - 5+beds
$69,154
$241
70%
421$190❌❌✅Y / Y⭐️ 4.8 (71)
The Ultimate Escape|Unpack|Relax|Enjoy!Sleeps10-14
$55,399
$333
42%
422$195❌❌✅Y / Y⭐️ 5 (150)
Urban Fab
$46,386
$211
56%
433$199✅❌✅Y / Y⭐️ 5 (24)
5 Star Upscale Entire Family Neighborhood Home
$83,144
$371
59%
433$250❌❌❌Y / Y⭐️ 5 (36)
Stunning Chicago Home 5min from MidwayAirport
$50,591
$175
75%
425$350✅❌❌Y / Y⭐️ 4.8 (17)
Spacious 4-bedrooms in the Heart of Forest Park
$32,461
$166
51%
421$99❌❌✅Y / Y⭐️ 5 (2)
Elegant, Large Comfy Long Term Stay, A+ Location!
$76,818
$295
68%
434$150❌❌❌Y / Y⭐️ 4.8 (7)
Modern Elegance: 4BR Duplex w/ Free Garage Parking
$52,560
$307
44%
421$162❌❌❌Y / Y⭐️ 4.9 (10)
Belmont Heights SFH Oasis
$67,338
$262
66%
421$260❌❌❌Y / Y⭐️ 4.9 (18)
Elegant Oak Park Single Family Home
$62,367
$240
71%
443$0❌❌❌Y / Y⭐️ 4.7 (11)
⭐️ Mario's Pad ⭐️ Arcade, Spa, Pool.
$110,609
$643
47%
432$0✅✅❌Y / Y⭐️ 5 (43)
4bed 2bath 2 private parking spots near city
$70,781
$233
83%
422$0❌❌✅Y / Y⭐️ 4.5 (28)
1610 Entire home for your visiting Chicago IL
$48,326
$199
63%
423$300❌✅❌Y / Y⭐️ 4.8 (42)
HA Entire Home 20 mins to airport full kitchen
$52,962
$186
66%
432$135❌❌❌Y / Y⭐️ 4.3 (55)

Return Metrics

-6.2% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$13,507-$27,015-$40,522-$54,030-$67,537-$135,075-$405,225
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$719,920$719,920$719,920$719,920$719,920$719,920$719,920
Down Payment$179,980$179,980$179,980$179,980$179,980$179,980$179,980
Property Appreciation$26,997$54,803$83,445$112,945$143,330$309,490$1,284,393
Total Return$913,389$927,688$942,822$958,815$975,693$1,074,315$1,779,067

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-6.2%

Cap Rate

5.24%

Return on Investment

10.25%

property-location

227 Park Ave River Forest, IL, 60305

4 bed • 3 bath • 12 guests

Est. $4,316/mo

Agent

This property is for sale!

Contact Agent

-12

Airbnb Investor Score

-$13,507

Annual Profit

5.2%

Cap Rate

-6.2%

Cash on Cash

$69,973

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $309/night at 62% occupancy.Projected nightly rate is $281/night at 59% occupancy.

Top 48% of comparables

Top 31% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$64,040

Avg annual revenue

59%

Avg occupancy rate

$281

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

$25k

$65k

$105k

$145k

Sign up to see the data on 40 all comparables

-$13,508

Profit

Revenue

$69,973

Operating Expenses

$22,777

Operating Income

$47,197

Mortgage & Taxes

$60,704

Profit (Cash Flow)

-$13,508

$217,727

Cash Investment

Down Payment

$179,980

Renos & Furnishing

$10,750

Closing Costs

$26,997

Total

$217,727

DSCR Ratio

Weak

0.78

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-6.2%

Cap Rate

5.24%

Profit (Cummulative)

-$13,508

$719,920

$10,750

$26,997

$0

Total Gain

$22,330

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

$42,710

Deductible property tax

$8,909

Your total deduction

$104,143

Your adjusted annual income

$150,000 - $104,143 = $45,857


Taxes on $45,857 (30%)

$13,757

Your old tax bill

$45,000

Your new tax bill

$13,757


Estimated tax savings

$31,243

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:

SFR

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: SFR
  • Stories: -
  • Lot size: -
  • Building area: -
  • 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: 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: -