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BNBCalc Short Term Rental Investment Analysis 2307 SW 24th St, Gresham, OR, 97080

3 bed • 2 bath • 9 guests • $471,200

BNB

Calc

Annual Revenue

$55,634

Profit (Cash Flow)

$30,057

Cap Rate

7.4%

Annual Revenue

$55,634

AirDNA projects $217/night at 53% occupancy ($42,006). Airbtics projects $224/night at 68% occupancy ($55,633). Airbtics predicts this property will perform in the 51% revenue percentile

BNB Calc projects a 68% occupancy rate, $224 rate per night.

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

Percentiles25%50%75%90%
Revenue$32,959$51,693$65,073$110,757
Occupancy58%71%80%84%
Nightly Rate$151$192$212$347

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
GRESHaM HOUSE Home away from home!

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57%
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$123
80%
32.52$198❌❌✅Y / Y⭐️ 5 (71)
The Charming Little Cottage

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$195
67%
313$90❌❌❌N / Y⭐️ 5 (130)
PNW Sanctuary at the Gorge Family friendly Ranch

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$131
84%
322$168❌❌✅Y / Y⭐️ 5 (124)
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80%
321$200❌✅❌Y / Y⭐️ 5 (109)
Hygge House-luxurious secluded 3BR guesthouse

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$28,336
$122
59%
311$99❌❌❌N / Y⭐️ 5 (114)
The Place To Be; With A Hot Tub

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$56,195
$196
75%
32.52$170❌✅❌Y / Y⭐️ 5 (112)
Edgefield Treasure: Spacious 5+ bed & garage!

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$57,755
$206
71%
32.52$200❌✅❌Y / Y⭐️ 5 (85)
Peaceful Spacious Single Level Home

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$55,050
$195
76%
322$100❌❌❌Y / Y⭐️ 5 (82)
Home in Clackamas

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$64,998
$301
59%
32.52$0❌❌❌Y / Y⭐️ 5 (52)
Luxe Private Columbia River Getaway Near Edgefield

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$44,813
$165
70%
32.52$180❌❌❌Y / Y⭐️ 5 (61)
Cheerful 3 bedrooms home in a quiet neighborhood.

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$41,877
$135
82%
32.52$120❌❌✅Y / Y⭐️ 5 (53)
Private Portland Getaway Near Powell Butte Park!

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$39,414
$135
77%
312$190❌❌❌Y / Y⭐️ 4.1 (20)
PNW retreat, wine tasting, ski, hike & fish

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$51,509
$181
71%
321$195❌❌✅Y / Y⭐️ 5 (73)
Spacious 3 BR House with hot tub

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$47,856
$238
54%
32.52$250❌✅❌Y / Y⭐️ 5 (24)
Entire house nearby park / family Friendly

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$57,850
$212
72%
32.52$180❌❌✅Y / Y⭐️ 4.5 (127)
Happy Piper

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$50,382
$161
84%
32.54$160❌❌❌Y / Y⭐️ 5 (56)
Park House: Pet-Friendly Near Edgefield!

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$33,477
$135
61%
321$120❌❌✅Y / Y⭐️ 4.5 (176)
Modern Oregon Getaway w/ Fireplace, Yard & Deck

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$59,376
$213
75%
31.52$181❌❌❌Y / Y⭐️ 5 (14)
Brand new Miranda's Lodge- cozy place with hot tub

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$50,561
$185
71%
311$80❌✅✅Y / Y⭐️ 5 (175)
Peaceful + Elegant Cottage w/ Riverside View

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$86,937
$408
57%
322$181❌❌❌Y / Y⭐️ 5 (57)
New modern cozy home, child-friendly, central AC

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$53,553
$197
72%
322$180❌❌❌Y / Y⭐️ 5 (66)
Mansion in Gresham

No image available

$79,861
$383
56%
333$300❌❌❌Y / Y⭐️ 5 (70)
HotTub|FirePit|PoolTable! SpringWater Retreat

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$69,046
$343
55%
332$0✅✅❌Y / Y⭐️ 5 (49)
Charming Bungalow with Hot Tub on Acreage

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$66,704
$205
84%
322$235❌✅❌Y / Y⭐️ 5 (48)
Spacious but cozy Fairview home

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$49,776
$150
90%
327$75❌❌✅Y / Y⭐️ 5 (18)
Modern Home

No image available

$37,790
$175
59%
32.52$0❌❌❌Y / Y⭐️ 5 (7)
Charming three bedroom home.

No image available

$45,184
$136
88%
32.52$120❌❌✅Y / Y⭐️ 5 (8)
Fantastic Southeast Retreat, Pet Friendly

No image available

$33,665
$126
73%
32.51$0❌❌✅Y / N⭐️ 5 (26)
Troutdale/ Near PDX Cozy Home Away From Home

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$36,476
$151
66%
324$0❌❌❌Y / Y⭐️ 4.8 (109)
Waterfront Troutdale Hideaway: Sandy River Fishing

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$87,642
$450
49%
332$207✅❌❌Y / Y⭐️ 5 (41)
Columbia Gorge Industrial Loft on 2nd Street

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$56,178
$184
81%
32.52$135❌❌❌Y / Y⭐️ 5 (181)
Troutdale Tranquility-Game Haven

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$50,442
$165
81%
322$189❌❌❌Y / Y⭐️ 5 (44)
Troutdale/Portland OR home.

No image available

$41,435
$151
74%
32.53$100❌❌❌Y / Y⭐️ 5 (126)
comfy home in quiet cul-de-sac

No image available

$34,083
$194
48%
32.51$0❌❌✅N / N⭐️ 4.5 (7)
Greenhouse in the Valley

No image available

$52,938
$226
64%
32.52$0✅✅❌Y / Y⭐️ 5 (11)
3BDRM Sleek Urban Retreat

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$74,314
$232
84%
321$250❌❌✅Y / Y⭐️ 5 (20)
Luxury & stunning Belle Vue of PDX

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$1,119
33%
34.53$500❌✅❌Y / Y⭐️ 5 (38)
Cozy newly renovated house conveniently located

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$199
54%
333$185✅❌❌Y / Y⭐️ 4.8 (23)

Return Metrics

65.06% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$30,056$60,113$90,170$120,226$150,283$300,566$901,700
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$447,640$447,640$447,640$447,640$447,640$447,640$447,640
Down Payment$23,560$23,560$23,560$23,560$23,560$23,560$23,560
Property Appreciation$14,136$28,696$43,692$59,139$75,049$162,053$672,526
Total Return$515,392$560,009$605,062$650,566$696,533$933,820$2,045,426

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

65.06%

Cap Rate

7.36%

Return on Investment

105.69%

property-location

2307 SW 24th St Gresham, Oregon, 97080

3 bed • 2 bath • 9 guests

Est. $2,260/mo

Agent

Inquire about this property

Contact Agent

$471,200

Zestimate

Gresham

Zoning


Laws

188

Airbnb Investor Score

-$5,321

Annual Profit

7.4%

Cap Rate

65.1%

Cash on Cash

$55,634

Annual Revenue

This property is projected to be in the top 51% revenue percentile compared to similar properties nearby.
Projected nightly rate is $217/night at 53% occupancy.Projected nightly rate is $224/night at 68% occupancy.

Top 58% of comparables

Top 21% of comparables


Seasonality

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40

Airbnb Comparables

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

$53,951

Avg annual revenue

68%

Avg occupancy rate

$224

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

$150k

Sign up to see the data on 40 all comparables

$30,057

Profit

Revenue

$55,634

Operating Expenses

$20,912

Operating Income

$34,722

Mortgage & Taxes

$4,665

Profit (Cash Flow)

$30,057

$32,060

Cash Investment

Down Payment

$23,560

Renos & Furnishing

$8,500

Total

$32,060

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

65.06%

Cap Rate

7.36%

Profit (Cummulative)

$30,057

$447,640

$8,500

$14,136

$0

Total Gain

$48,828

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

$30,595

Deductible property tax

$4,665

Your total deduction

$53,149

Your adjusted annual income

$150,000 - $53,149 = $96,851


Taxes on $96,851 (30%)

$29,055

Your old tax bill

$45,000

Your new tax bill

$29,055


Estimated tax savings

$15,945

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:

9,147 sqft

Year built:

1980

Size:

1,607 sqft

Type:

SINGLE_FAMILY

Parking:

2

Heating:

Forced Air, Fireplace(s)

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 1
  • Lot size: 9,147 sqft
  • Building area: 1,607 sqft
  • Garage: Yes
  • Heating: Forced air, fireplace(s)
  • Pool: No
  • Fireplaces: 1
  • Basement: Yes
  • Cooling: Central Air
  • View: -
  • Parking: Driveway, RV Access/Parking, Attached
  • Amenities: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Plumbed For Ice Maker, Range Hood, Washer/Dryer, Free-Standing Range, Gas Water Heater
  • Price per square foot: $293

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: R213594
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $476,630
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $471,200


Schools

  • Middle School: Dexter Mccarty Middle School with 2/10 star rating
  • High School: Gresham High School with 3/10 star rating