BNBCalc Short Term Rental Investment Analysis 2301 Stillman Rd, Cleveland Heights, OH, 44118

4 bed • 3 bath • 12 guests • $359,100

BNB

Calc

Annual Revenue

$49,819

Profit (Cash Flow)

$5,439

Cap Rate

8.3%

Annual Revenue

$49,819

AirDNA projects $220/night at 62% occupancy ($49,819). Airbtics projects $182/night at 60% occupancy ($39,884). Airbtics predicts this property will perform in the 0% revenue percentile

BNB Calc projects a 62% occupancy rate, $220 rate per night.

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

Return Metrics

5.82% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$5,439	$10,878	$16,317	$21,756	$27,195	$54,390	$163,170
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$287,280	$287,280	$287,280	$287,280	$287,280	$287,280	$287,280
Down Payment	$71,820	$71,820	$71,820	$71,820	$71,820	$71,820	$71,820
Property Appreciation	$10,773	$21,869	$33,298	$45,070	$57,195	$123,500	$512,529
Total Return	$375,312	$391,847	$408,715	$425,926	$443,490	$536,990	$1,034,800

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

5.82%

Cap Rate

8.26%

Return on Investment

21.14%

2301 Stillman Rd Cleveland Heights, Ohio, 44118

4 bed • 3 bath • 12 guests

Purchase Price

Est. $1,722/mo

Inquire about this property

Contact Agent

$41,700

Zestimate

Airbnb Investor Score

$5,439

Annual Profit

8.3%

Cap Rate

5.8%

Cash on Cash

$49,819

Annual Revenue

This property is projected to be in the top 0% revenue percentile compared to similar properties nearby.
Projected nightly rate is $220/night at 62% occupancy.Projected nightly rate is $182/night at 60% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

Airbnb Comparables

Comparable data could not be found for this address

Avg annual revenue

Avg occupancy rate

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

$0k

$100k

$195k

$300k

$5,439

Profit

Revenue

$49,819

Operating Expenses

$20,157

Operating Income

$29,663

Mortgage & Taxes

$24,224

Profit (Cash Flow)

$5,439

$93,343

Cash Investment

Down Payment

$71,820

Renos & Furnishing

$10,750

Closing Costs

$10,773

Total

$93,343

DSCR Ratio

Acceptable

1.22

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

5.82%

Cap Rate

8.26%

Return on Investment

21.14%

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

$17,043

Deductible property tax

$3,555

Your total deduction

$37,220

Your adjusted annual income

$150,000 - $37,220 = $112,780

Taxes on $112,780 (30%)

$33,834

Your old tax bill

$45,000

Your new tax bill

$33,834

Estimated tax savings

$11,166

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:

26,500 sqft

Year built:

1912

Size:

6,655 sqft

Type:

SFR

Parking:

Heating:

Forced Air Unit

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
2885 Fairfax Rd	4	2	3,290	-	28,512	1945	$0	-
2565 Norfolk Rd	6	3	4,962	-	21,420	1919	$550,000	-
2558 Fairmount Blvd	7	3	4,668	-	22,763	1921	$775,000	-
2961 N Woodland Rd	6	4	6,108	-	92,800	1914	$850,784	-
2521 Fairmount Blvd	7	4	5,392	-	24,486	1920	$0	-
2517 N Park Blvd	5	4	6,034	-	50,982	1920	$0	-
2627 Fairmount Blvd	4	3	5,860	-	26,910	1920	$0	-
2257 Coventry Rd	7	3	4,498	-	24,700	1900	$869,000	-
2349 Coventry Rd	4	4	3,276	-	14,960	1920	$408,000	-
2688 E Overlook Rd	5	4	4,517	-	27,000	1904	$0	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: -

Lot size: 26,500 sqft

Building area: 6,655 sqft

Garage: Yes

Heating: Forced air unit

Pool: No

Fireplaces: 2

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: AA

Land Use: Residential

Parcel Number: 686-04-016

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $158,070

County Est. Land Value: $92,500

Assessed Land Value: $32,380

County Est. Structure Value: $359,100

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
04/19/16	$455,000	100%	Youngjin Yoo, Jeeyoun Yoo
04/26/08	$430,000	100%	Kimberly A Ponsky
02/04/04	$370,000	129%	Christopher L Mastin, Celeste B Mastin
04/23/03	$0	0%	United Guaranty Residential Insurance Co
01/16/03	$253,334	100%	Charter One Bank Fsb
05/22/00	$0	0%	Edwina M Corpew
11/04/96	$107,000	100%	Grace Unlimited Corp
08/27/96	$321,000	90%	Edwina M Corpren

Ownership

Name: Youngjin Yoo

Owner Occupied: Yes

Owner Mailing Address: 2301 Stillman Rd, Cleveland Heights, OH 44118

Years Owned: 103

Home Equity: $632,000

Mortgage Balance Remaining: $318,000

Financed amount: 90%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No