BNBCalc Short Term Rental Investment Analysis 2301 S Leavitt St, Chicago, IL, 60608

2 bed • 1 bath • 4 guests • $620,000

BNB

Calc

Annual Revenue

$28,051

Profit (Cash Flow)

-$31,099

Cap Rate

1.7%

Annual Revenue

$28,051

AirDNA projects $137/night at 72% occupancy ($36,027). Airbtics projects $120/night at 64% occupancy ($28,050). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 64% occupancy rate, $120 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$19,786	$27,282	$38,280	$55,192
Occupancy	56%	62%	77%	84%
Nightly Rate	$94	$116	$132	$171

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 Pilsen	$30,345	$132	62%	2	1	1	$30	❌	❌	❌	N / Y	⭐️ 5 (101)
Heart of Chicago 2BD + Parking	$21,798	$74	79%	2	1	1	$50	❌	❌	❌	N / N	⭐️ 5 (238)
Cute, Clean, Cozy Apartment in Pilsen	$39,072	$116	90%	2	1	3	$65	❌	❌	❌	Y / Y	⭐️ 5 (131)
Cozy 2Bd Apartment in Pilsen	$29,516	$125	62%	2	1	3	$75	❌	❌	❌	N / Y	⭐️ 5 (92)
Southwest Side Oasis- Welcoming And Bright Apt	$27,439	$116	62%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (38)
Unique 2BR/2BA FREE Parking/WI-FI Minutes From DT	$40,977	$138	77%	2	2	2	$160	❌	❌	✅	Y / Y	⭐️ 5 (107)
Cozy 2BR Haus with gazebo & fire pit in Pilsen	$29,356	$103	75%	2	1	2	$90	❌	❌	❌	N / Y	⭐️ 5 (69)
Cozy 2BD APT near UC, Medical District, Downtown	$26,329	$105	66%	2	1	2	$80	❌	❌	❌	N / Y	⭐️ 5 (102)
Prime Location Near Downtown- Walk to Train & Food	$29,738	$127	59%	2	1	2	$115	❌	❌	❌	Y / Y	⭐️ 5 (294)
Small and Cozy 2BR Apartment Pilsen NoCleaning Fee	$31,842	$116	75%	2	1	4	$0	❌	❌	❌	Y / Y	⭐️ 5 (85)
Apartment in Chicago	$45,342	$204	60%	2	1	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (26)
Charming Apt Near Downtown-Walk to Train & Dining	$26,122	$120	57%	2	1	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (193)
2 Bedroom city apartment in the heart of Pilsen	$25,231	$93	72%	2	1	2	$50	❌	❌	✅	Y / Y	⭐️ 4.5 (185)
Lovely 2 Bed. 3 Miles from DT w/ Free Parking	$28,438	$102	67%	2	1	1	$119	❌	❌	✅	Y / Y	⭐️ 4.5 (46)
Getaway in the Heart of Pilsen Chicago	$22,893	$91	59%	2	1	1	$124	❌	❌	✅	Y / Y	⭐️ 4.5 (73)
2 BDRM Near Downtown & West Loop (No Cleaning Fee)	$39,967	$130	84%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (42)
Fairfield Flat, Airy Vintage Rehab	$30,450	$106	77%	2	1	2	$40	❌	❌	❌	Y / Y	⭐️ 5 (189)
The Pilsen Lodge	$43,281	$179	65%	2	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (16)
2 bedroom apartment in Pilsen	$19,266	$94	56%	2	1	14	$50	❌	❌	✅	Y / Y	⭐️ 4 (5)
Renovated Pilsen Apartment	$42,746	$229	51%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (15)
Pilsen HofC Tranquil In-Unit Laundry 2bed/1bath	$19,266	$94	56%	2	1	32	$0	❌	❌	✅	Y / Y	⭐️ 5 (14)
Charming Chicago Two Bedroom Condo	$48,882	$159	84%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (9)
Modern Pilsen Chicago Apartment	$25,048	$116	59%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (4)
Windy Heart Apartment	$28,988	$132	60%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (40)
Charming Two Bedroom Near Downtown Chicago	$19,062	$84	62%	2	1	32	$75	❌	❌	✅	N / Y	⭐️ 4.7 (39)
2 Bed & 3 Bath Chicago Condo	$38,459	$142	74%	2	3	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (12)
Quiet location near downtown	$18,308	$61	82%	2	1	32	$100	❌	❌	❌	N / Y	⭐️ 5 (1)
Perfect 2BD/1BA FREE Park/Laundry minutes to DT	$58,254	$173	92%	2	1	30	$0	❌	❌	❌	Y / Y	⭐️ 5 (9)
Pilsen HofC Boutique In-Unit Laundry 2bed/1bath	$15,974	$97	45%	2	1	32	$0	❌	❌	✅	Y / Y	⭐️ 5 (18)
Fun in Pilsen: A Chicago Get Away	$58,206	$171	93%	2	2	1	$115	❌	❌	❌	Y / Y	⭐️ 5 (12)
Pilsen Retreat	$22,704	$132	47%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (6)
Pilsen HofC Deluxe In-Unit Laundry 2bed/1bath	$15,907	$82	53%	2	1	32	$0	❌	❌	✅	Y / Y	⭐️ 5 (20)
The Safe House	$14,825	$90	45%	2	1	32	$80	❌	❌	❌	Y / Y	⭐️ 5 (12)
Park views in Pilsen (Rush/UIC)	$22,233	$135	45%	2	1	32	$85	❌	❌	❌	Y / Y	⭐️ 5 (128)
Pilsen Apartment Near Downtown Chicago	$32,589	$106	84%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (12)
Pilsen Garden 2 bedroom Suite Monthly Rental	$8,784	$75	32%	2	1	32	$100	❌	❌	❌	Y / Y	⭐️ 5 (15)
Apartment in Heart of Pilsen	$27,684	$122	62%	2	1	2	$0	❌	❌	❌	N / N	⭐️ 5 (16)
Urban Oasis: Heart of Chicago	$24,084	$140	47%	2	1	28	$0	❌	❌	✅	Y / Y	⭐️ 0 (1)
Sunny Charming 2BR/1BA Medical District Monthly	$26,442	$85	85%	2	1	24	$150	❌	❌	❌	Y / Y	⭐️ 4.6 (5)

Return Metrics

-20.89% 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)	-$31,099	-$62,198	-$93,297	-$124,396	-$155,495	-$310,991	-$932,973
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$496,000	$496,000	$496,000	$496,000	$496,000	$496,000	$496,000
Down Payment	$124,000	$124,000	$124,000	$124,000	$124,000	$124,000	$124,000
Property Appreciation	$18,600	$37,758	$57,490	$77,815	$98,749	$213,228	$884,902
Total Return	$607,500	$595,559	$584,193	$573,419	$563,254	$522,237	$571,929

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-20.89%

Cap Rate

1.72%

Return on Investment

-4.3%

2301 S Leavitt St Chicago, Illinois, 60608

2 bed • 1 bath • 4 guests

Purchase Price

Est. $2,974/mo

Inquire about this property

Contact Agent

$620,000

Zestimate

Chicago

Guide

Zoning

Market

Guide

Laws

Market Data

-84

Airbnb Investor Score

-$31,099

Annual Profit

1.7%

Cap Rate

-20.9%

Cash on Cash

$28,051

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $137/night at 72% occupancy.Projected nightly rate is $120/night at 64% occupancy.

Occupancy Rate

Top 44% of comparables

Avg Daily Rate

Top 46% of comparables

Seasonality

40 Airbnb Comparables

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

$29,169

Avg annual revenue

64%

Avg occupancy rate

$120

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

$10k

$25k

$40k

$60k

-$31,099

Profit

Revenue

$28,051

Operating Expenses

$17,327

Operating Income

$10,724

Mortgage & Taxes

$41,823

Profit (Cash Flow)

-$31,099

$148,850

Cash Investment

Down Payment

$124,000

Renos & Furnishing

$6,250

Closing Costs

$18,600

Total

$148,850

DSCR Ratio

Weak

0.26

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-20.89%

Cap Rate

1.72%

Return on Investment

-4.3%

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

$29,426

Deductible property tax

$6,138

Your total deduction

$93,384

Your adjusted annual income

$150,000 - $93,384 = $56,616

Taxes on $56,616 (30%)

$16,985

Your old tax bill

$45,000

Your new tax bill

$16,985

Estimated tax savings

$28,015

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:

2,178 sqft

Year built:

1890

Size:

2,951 sqft

Type:

MULTI_FAMILY

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: MULTI_FAMILY

Stories: -

Lot size: 2,178 sqft

Building area: 2,951 sqft

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: None

View: -

Parking: -

Amenities: -

Price per square foot: $210

Lot Info

Zoning: -

Land Use: -

Parcel Number: 1730110001

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $480,000

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $620,000

Schools

High School: Juarez Community Academy High School with 3/10 star rating