BNBCalc Short Term Rental Investment Analysis 230 South 68th Street, West Des Moines, IA

2 bed • 2 bath • 6 guests • $172,000

BNB

Calc

Annual Revenue

$35,516

Profit (Cash Flow)

-$84,732

Cap Rate

-48.3%

Annual Revenue

$35,516

AirDNA projects $135/night at 68% occupancy ($33,529). Airbtics projects $119/night at 74% occupancy ($32,163). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 52% occupancy rate, $187 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$21,757	$34,343	$44,236	$58,861
Occupancy	66%	77%	85%	91%
Nightly Rate	$87	$118	$136	$169

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
First Floor \| King Bed \| Gym \| Near Jordan Creek	$34,118	$133	67%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (24)
Gracious Spacious Audacious Ground Floor w/Garage	$23,235	$69	81%	2	2	3	$99	✅	❌	❌	Y / Y	⭐️ 5 (44)
Magnificent Safe & Spacious w/Amenities & Elevator	$20,516	$61	87%	2	2	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (51)
Flourishing Amenities Private Entrance/Garage	$35,044	$118	74%	2	2.5	3	$99	❌	❌	✅	Y / Y	⭐️ 5 (47)
Luminous Forest View w/Amenities & Garage	$21,323	$62	82%	2	2	3	$108	✅	❌	✅	Y / Y	⭐️ 5 (37)
Classy Spacious \| NintendoSwitch \| King bed	$21,988	$87	64%	2	2	1	$80	✅	❌	❌	Y / Y	⭐️ 5 (91)
Jordan Creek End Unit Spacious w/Private Garage	$20,097	$62	77%	2	2	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (122)
First Floor \| Onsite Gym \| King Bed & More!	$51,812	$169	82%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 4.5 (18)
Exclusive \| Massage Chair \| 65”TV \| Week Discount	$19,435	$88	54%	2	2	1	$75	✅	❌	❌	Y / Y	⭐️ 5 (48)
Inspiring & Calm Elevated Scenic View	$19,687	$63	75%	2	2	3	$99	✅	❌	❌	Y / Y	⭐️ 5 (30)
King Comfort Convenient & Safe End Unit w/Garage	$38,543	$119	83%	2	2	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (27)
Natural Light End Unit Amenities @ MHDesmoines	$20,096	$62	79%	2	2.5	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (27)
Lambent Valley Views Sunrise Serenity w/Amenities	$26,729	$103	64%	2	2	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (36)
Next to Topgolf!2 King BedsPlush Robes*Garage	$28,157	$109	67%	2	2	1	$90	✅	❌	❌	Y / Y	⭐️ 5 (23)
Calm Comfort Elevated Double King Amenities	$43,185	$154	75%	2	2	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (11)
King Bed \| Fast Wifi \| First Floor	$45,059	$135	89%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (52)
Felicitous Spacious Clean Jordan Creek Perks	$36,564	$112	86%	2	2.5	3	$99	❌	❌	✅	Y / Y	⭐️ 5 (17)
King & Queen Ground Floor End Unit w/Amenities	$39,896	$116	92%	2	2	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (31)
Inviting Ground Floor Attached Garage Pool Gym	$19,421	$60	77%	2	2	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (26)
Ebullient Peaceful Privacy Elevated & Cozy	$45,391	$134	88%	2	2.5	3	$99	❌	❌	✅	Y / Y	⭐️ 5 (30)
Onsite Gym \| Shopping \| Fast Wifi \| & More!	$28,461	$100	73%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (39)
Cozy West Des Moines Two Bedroom Condo with Deck	$26,748	$136	52%	2	2	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (87)
Garage Parking \| Balcony \| Onsite Gym & Tanning	$38,699	$172	61%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 4.5 (11)
Fantastic Safe w/Amenities 2.5 Bath Private Garage	$46,494	$136	91%	2	2.5	3	$99	❌	❌	✅	Y / Y	⭐️ 5 (37)
King Amenities Easy Access Ground Floor w/Garage	$42,053	$120	93%	2	2	3	$99	✅	❌	✅	Y / Y	⭐️ 5 (15)
No Stairs \| Gym \| Pool \| Fast Wifi \| & More!	$37,240	$120	82%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (106)
King Bed \| First Floor \| Gym & More!	$23,620	$107	55%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (8)
Eclectic Escape Spacious Comfort	$42,174	$123	91%	2	2.5	3	$99	❌	❌	✅	Y / Y	⭐️ 5 (8)
Cute West Des Moines Guest House	$57,028	$271	56%	2	1	1	$55	✅	✅	✅	Y / N	⭐️ 5 (58)
Attached Garage \| Private Balcony \| Gym & Tanning	$26,994	$111	61%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (9)
Cute townhome in prime location!	$28,899	$85	90%	2	2	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (3)
Sun Deck \| Pool \| Gym \| & More!	$37,644	$141	72%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (49)
Convenient Easy Access w/Amenitites	$25,799	$133	53%	2	2	28	$99	✅	❌	✅	Y / Y	⭐️ 5 (9)
Wifi \| Balcony \| Garage \| Pool \| Gym & More!	$41,549	$153	72%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (11)
Attached Garage \| Onsite Gym \| Fast Wifi	$32,171	$122	70%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 4.5 (22)
2 bedroom near Jordan Creek mall, Top Golf, DMU	$28,758	$169	46%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 0 (0)
Halcyon Hale Harmonized Hospitality w/Garage	$24,910	$82	83%	2	2	5	$0	✅	❌	❌	Y / Y	⭐️ 5 (7)
Midwest Hospitality Elevated End Unit w/Garage	$53,264	$189	77%	2	2	28	$99	✅	❌	✅	Y / Y	⭐️ 5 (9)
New Arrival Elevated Scenic View Ground Floor	$54,118	$159	93%	2	2	28	$99	✅	❌	✅	Y / Y	⭐️ 5 (5)
1-Bed/1-Bath near Jordan Creek!	$36,402	$117	85%	2	1	28	$0	✅	❌	✅	Y / Y	⭐️ 0 (1)

Return Metrics

-207.16% 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)	-$84,731	-$169,463	-$254,195	-$338,927	-$423,659	-$847,319	-$2,541,958
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$137,600	$137,600	$137,600	$137,600	$137,600	$137,600	$137,600
Down Payment	$34,400	$34,400	$34,400	$34,400	$34,400	$34,400	$34,400
Property Appreciation	$5,160	$10,474	$15,949	$21,587	$27,395	$59,153	$245,489
Total Return	$92,428	$13,010	-$66,246	-$145,340	-$224,264	-$616,166	-$2,124,469

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-207.16%

Cap Rate

-48.27%

Return on Investment

-190.42%

230 S 68th St West Des Moines, Iowa, 50266

2 bed • 2 bath • 6 guests

Purchase Price

Est. $825/mo

Inquire about this property

Contact Agent

-1034

Airbnb Investor Score

-$94,631

Annual Profit

-48.3%

Cap Rate

-207.2%

Cash on Cash

$35,516

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $135/night at 68% occupancy.Projected nightly rate is $119/night at 74% occupancy.

Occupancy Rate

Top 96% of comparables

Avg Daily Rate

Top 3% of comparables

Seasonality

40 Airbnb Comparables

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

$33,583

Avg annual revenue

74%

Avg occupancy rate

$119

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

$45k

$60k

-$84,732

Profit

Revenue

$35,516

Operating Expenses

$118,545

Operating Income

-$83,029

Mortgage & Taxes

$1,703

Profit (Cash Flow)

-$84,732

$40,900

Cash Investment

Down Payment

$34,400

Renos & Furnishing

$6,500

Total

$40,900

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-207.16%

Cap Rate

-48.27%

Return on Investment

-190.42%

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

$8,163

Deductible property tax

$1,703

Your total deduction

$112,568

Your adjusted annual income

$150,000 - $112,568 = $37,432

Taxes on $37,432 (30%)

$11,229

Your old tax bill

$45,000

Your new tax bill

$11,229

Estimated tax savings

$33,771

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:

2005

Size:

1,183 sqft

Type:

CONDO

Parking:

Heating:

Forced Air, Gas, Natural Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: CONDO

Stories: -

Lot size: -

Building area: 1,183 sqft

Garage: No

Heating: Forced air, gas, natural gas

Pool: No

Fireplaces: 1

Basement: No

Cooling: Central Air

View: -

Parking: -

Amenities: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Price per square foot: $160

Lot Info

Zoning: -

Land Use: -

Parcel Number: 1613202004

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $179,440

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools