BNBCalc Short Term Rental Investment Analysis 23 Pierside Dr 333, Baltimore, MD 21230

1 bed • 2 bath • 3 guests • $479,000

BNB

Calc

Annual Revenue

$49,472

Profit (Cash Flow)

-$2,951

Cap Rate

6.1%

Annual Revenue

$49,472

AirDNA projects $215/night at 63% occupancy ($49,472). Airbtics projects $106/night at 69% occupancy ($26,713). Airbtics predicts this property will perform in the 41% revenue percentile

BNB Calc projects a 63% occupancy rate, $215 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$21,713	$27,587	$42,195	$52,748
Occupancy	60%	66%	82%	86%
Nightly Rate	$85	$98	$122	$148

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Blue Door Inn - an artist's studio!	$31,534	$128	62%	1	2	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (96)
Historic Federal hills urban lifestyle	$33,062	$148	52%	1	2	1	$80	❌	❌	❌	Y / Y	⭐️ 4.9 (169)
Fells Point - Close to Attractions	$48,978	$149	86%	1	2	2	$50	❌	❌	✅	Y / Y	⭐️ 5 (156)
Charming Federal Hill! One Bedroom With Vibes	$28,700	$82	76%	1	1	1	$95	❌	❌	❌	Y / Y	⭐️ 4.8 (105)
Modern cozy 1BD/1BA Apt in Federal Hill	$24,592	$96	60%	1	1	1	$135	❌	❌	❌	Y / Y	⭐️ 4.8 (14)
Industrial Chic Apt in Federal Hill - Free Parking	$33,835	$85	91%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 4.8 (486)
Downtown Studio 5 min from UMMC: Camden yards!	$27,168	$83	71%	1	1	1	$80	❌	❌	❌	Y / Y	⭐️ 4.8 (85)
Chic Downtown Studio! 4 Min Walk to Waterfront!	$22,118	$104	50%	1	1	1	$99	❌	❌	❌	Y / Y	⭐️ 4.6 (26)
Modern Charm & Park Fun: pool/pickleball/hoops	$25,783	$100	62%	1	1	2	$95	✅	❌	❌	Y / Y	⭐️ 4.7 (96)
Private Studio - Historic District - Modern Vibes	$36,741	$87	85%	1	1	7	$130	❌	❌	❌	N / Y	⭐️ 4.9 (338)

Return Metrics

-2.57% 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)	-$2,950	-$5,901	-$8,852	-$11,803	-$14,754	-$29,509	-$88,527
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$383,200	$383,200	$383,200	$383,200	$383,200	$383,200	$383,200
Down Payment	$95,800	$95,800	$95,800	$95,800	$95,800	$95,800	$95,800
Property Appreciation	$14,370	$29,171	$44,416	$60,118	$76,292	$164,735	$683,658
Total Return	$490,419	$502,269	$514,563	$527,314	$540,537	$614,226	$1,074,130

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-2.57%

Cap Rate

6.12%

Return on Investment

14.06%

23 Pierside Dr 333 Baltimore, MD, 21230

1 bed • 2 bath • 3 guests

Purchase Price

Est. $2,297/mo

This property is for sale!

Contact Agent

Airbnb Investor Score

-$2,950

Annual Profit

6.1%

Cap Rate

-2.6%

Cash on Cash

$49,472

Annual Revenue

This property is projected to be in the top 41% revenue percentile compared to similar properties nearby.
Projected nightly rate is $215/night at 63% occupancy.Projected nightly rate is $106/night at 69% occupancy.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 1% of comparables

Seasonality

10 Airbnb Comparables

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

$31,251

Avg annual revenue

69%

Avg occupancy rate

$106

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

$30k

$40k

$50k

-$2,951

Profit

Revenue

$49,472

Operating Expenses

$20,111

Operating Income

$29,361

Mortgage & Taxes

$32,312

Profit (Cash Flow)

-$2,951

$114,670

Cash Investment

Down Payment

$95,800

Renos & Furnishing

$4,500

Closing Costs

$14,370

Total

$114,670

DSCR Ratio

Weak

0.91

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-2.57%

Cap Rate

6.12%

Return on Investment

14.06%

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

$22,734

Deductible property tax

$4,742

Your total deduction

$51,026

Your adjusted annual income

$150,000 - $51,026 = $98,974

Taxes on $98,974 (30%)

$29,692

Your old tax bill

$45,000

Your new tax bill

$29,692

Estimated tax savings

$15,308

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:

CONDO

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: CONDO

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: No

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -