BNBCalc Short Term Rental Investment Analysis 2383 N Park Blvd

1 bed • 1 bath • 2 guests • $41,700

BNB

Calc

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Onboarding Flow User

user-for-onboarding-flow@bnbcalc.com

Annual Revenue

$23,701

Profit (Cash Flow)

$4,127

Cap Rate

16.6%

Annual Revenue

$23,701

AirDNA projects $103/night at 63% occupancy ($23,700). Airbtics projects $97/night at 67% occupancy ($23,737). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 63% occupancy rate, $103 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$16,983	$22,588	$34,017	$42,803
Occupancy	57%	67%	82%	85%
Nightly Rate	$77	$86	$107	$130

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
The Farmhouse - 1 Bdrm Apt in a Great Location	$37,228	$116	85%	1	1	2	$60	❌	❌	❌	Y / Y	⭐️ 5 (135)
Clean and Cozy Carriage House Getaway	$28,459	$86	85%	1	1	1	$50	❌	❌	❌	N / Y	⭐️ 5 (418)
Sunny home w/ UV light-Minutes 2 Case & Cle Clinic	$30,605	$125	63%	1	1	2	$68	❌	❌	❌	Y / Y	⭐️ 4.8 (78)
One of a kind condo in Cleveland!	$62,793	$242	68%	1	2	2	$80	❌	❌	❌	Y / Y	⭐️ 4.8 (62)
*RARE FIND>next to UH, CC, CWRU!	$25,227	$75	86%	1	1	1	$60	❌	❌	❌	Y / Y	⭐️ 4.9 (67)
C.G.M Lakeview Gardens (Traveling Nurse friendly)	$23,477	$104	58%	1	1	1	$100	❌	❌	✅	Y / Y	⭐️ 4.7 (24)
Historic Little Italy Garden Apartment	$40,403	$133	83%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (154)
Rare Cleveland Apt: Little Italy! W/Sauna&Hot tub!	$36,050	$121	77%	1	1	1	$50	❌	✅	✅	Y / Y	⭐️ 5 (218)
Contemporary Coventry: 1 Bdrm with Fireplace	$18,997	$82	57%	1	1	1	$70	❌	❌	❌	Y / Y	⭐️ 4.8 (65)
New Cleveland Apt: Little Italy! Massage&Hot tub!	$33,723	$124	71%	1	1	1	$50	❌	✅	✅	Y / Y	⭐️ 5 (179)
The Maproom - Cozy studio near Cleve Clinic, Case	$24,909	$79	82%	1	1	2	$50	❌	❌	❌	Y / Y	⭐️ 4.9 (231)
Welcome to our Little Italy gem!	$14,539	$92	39%	1	1	2	$100	❌	❌	✅	Y / Y	⭐️ 4.7 (30)
Renovated apartment in historic Cedar/Lee district	$20,539	$92	61%	1	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (91)
Cle Rocks-Little Italy! W Massage chair/Hot tub #1	$28,650	$119	61%	1	1	1	$50	❌	✅	✅	Y / Y	⭐️ 5 (66)
Rustic Oasis mins from CLE Clinic	$18,499	$78	61%	1	1	1	$35	❌	❌	❌	Y / Y	⭐️ 4.8 (246)
Chic Coventry:1 Bdrm with Fireplace	$20,479	$73	69%	1	1	1	$70	❌	❌	❌	Y / Y	⭐️ 5 (43)
Carriage Manor - Sun Soaked 1BR - Close to CCF	$35,041	$130	72%	1	1	2	$60	❌	❌	❌	Y / Y	⭐️ 4.7 (45)
Designer 1 BDR \| Cleveland Clinic \| Free Garage	$23,066	$67	83%	1	1	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (60)
KCM Mikros Smart Apartments 2	$23,224	$101	54%	1	1	1	$86	❌	❌	❌	Y / Y	⭐️ 3.7 (12)
On Cleveland Clinic Main Campus #07	$22,817	$86	70%	1	1	5	$120	❌	❌	✅	Y / Y	⭐️ 5 (49)
Charming Classy King Bed Suite 10min to CLE Clinic	$14,844	$82	44%	1	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (87)
Spacious Studio \| Cleveland Clinic \| Free Garage	$26,978	$79	84%	1	1	1	$80	❌	❌	❌	Y / Y	⭐️ 4.9 (57)
Designer Studio \| Cleveland Clinic \| Free Garage	$32,772	$90	90%	1	1	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (75)
Private Spacious Garden Apartment	$18,981	$65	78%	1	1	5	$80	❌	❌	❌	Y / Y	⭐️ 4.8 (48)
Cleve Clinc Peaceful Hidden Gem	$12,294	$73	42%	1	1	1	$80	❌	❌	❌	N / Y	⭐️ 4.8 (26)
KCM Mikros Smart Apartments 1	$21,817	$91	59%	1	1	1	$86	❌	❌	❌	Y / Y	⭐️ 3.6 (6)
KCM Mikros Smart Apartments 6	$20,156	$77	62%	1	1	1	$86	❌	❌	❌	Y / Y	⭐️ 4.4 (7)
1 Bed 1 Bath Great Location!	$21,254	$85	64%	1	1	15	$35	❌	❌	❌	Y / Y	⭐️ 4.8 (130)
Cozy Luxury 1BR/1BA Suite	$25,937	$87	72%	1	1	2	$125	❌	❌	❌	Y / Y	⭐️ 4.9 (49)
On Cleveland Clinic Main Campus #10	$31,021	$96	85%	1	1	5	$120	❌	❌	✅	Y / Y	⭐️ 5 (24)
An Old World Estate in the Heart of Cleveland Hts	$24,607	$98	67%	1	1	4	$80	❌	❌	❌	Y / Y	⭐️ 4.7 (30)
Modern Luxury 1BR/1BA Entire Apt	$28,704	$86	85%	1	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (32)
KCM Mikros Smart Apartments 8	$21,959	$100	49%	1	1	1	$86	❌	❌	❌	Y / Y	⭐️ 4.3 (16)
Penthouse 1 Bed 1 Bath Minutes from CLE Clinic	$16,693	$80	54%	1	1	7	$35	❌	❌	❌	Y / Y	⭐️ 4.8 (165)
Cozy Loft	$15,906	$55	75%	1	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (17)
Shaker Lakes Apartment (Near Everything)	$13,418	$63	57%	1	1	4	$80	❌	❌	❌	Y / Y	⭐️ 4.9 (100)
Little Italy Inn	$16,397	$150	28%	1	1	3	$99	❌	❌	❌	Y / Y	⭐️ 4.9 (10)
Just the two of us in the CLE.	$54,702	$159	94%	1	1	1	$0	❌	❌	❌	N / N	⭐️ 4.2 (5)
Swanky Mid-Modern Hideaway-Walk to Restaurants	$20,087	$77	66%	1	1	3	$75	❌	❌	❌	Y / Y	⭐️ 5 (20)
Cleveland Clinic, 7 Minutes from: Rex3	$11,595	$66	48%	1	1	7	$0	❌	❌	❌	Y / Y	⭐️ 5 (7)

Return Metrics

29.81% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$4,126	$8,253	$12,379	$16,506	$20,633	$41,266	$123,799
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$409	$844	$1,306	$1,796	$2,317	$5,442	$33,360
Down Payment	$8,340	$8,340	$8,340	$8,340	$8,340	$8,340	$8,340
Property Appreciation	$1,251	$2,539	$3,866	$5,233	$6,641	$14,341	$59,516
Total Return	$14,127	$19,977	$25,893	$31,876	$37,932	$69,390	$225,016

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

29.81%

Cap Rate

16.64%

Return on Investment

41.81%

2383 N Park Blvd Cleveland Heights, Ohio, 44106

1 bed • 1 bath • 2 guests

Purchase Price

Est. $200/mo

Inquire about this property

Contact Agent

$41,700

Zestimate

$23,701

Annual Revenue

BNBCalc predicts this property will get $97 per night with 67% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$25,471

Avg annual revenue

67%

Avg occupancy rate

$97

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

$30k

$45k

$65k

$4,127

Profit

Revenue

$23,701

Operating Expenses

$16,761

Operating Income

$6,940

Mortgage & Taxes

$2,813

Profit (Cash Flow)

$4,127

$13,841

Cash Investment

Down Payment

$8,340

Renos & Furnishing

$4,250

Closing Costs

$1,251

Total

$13,841

DSCR Ratio

Strong

2.47

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

29.81%

Cap Rate

16.64%

Return on Investment

41.81%

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

$1,979

Deductible property tax

$413

Your total deduction

$1,046

Your adjusted annual income

$150,000 - $1,046 = $148,954

Taxes on $148,954 (30%)

$44,686

Your old tax bill

$45,000

Your new tax bill

$44,686

Estimated tax savings

$314

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:

19,672 sqft

Year built:

1910

Size:

6,191 sqft

Type:

MFR

Parking:

Heating:

Hot Water

Sold Comparables

Property Details

MLS Status: property-details-mls-status-cancelled

Property Use: Duplex (2 Units, Any Combination)

Stories: -

Lot size: 19,672 sqft

Building area: 6,191 sqft

Garage: Yes

Heating: Hot water

Pool: No

Fireplaces: 1

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: B

Land Use: Residential

Parcel Number: 685-25-026

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $129,780

County Est. Land Value: $84,400

Assessed Land Value: $29,540

County Est. Structure Value: $286,400

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
08/23/01	$560,000	32%	Charlotte Thompson

Ownership

Name: Charlotte Thompson

Owner Occupied: No

Owner Mailing Address: 2345 Bellfield Ave, Cleveland, OH 44106

Years Owned: 280

Home Equity: $561,324

Mortgage Balance Remaining: $180,000

Financed amount: 32%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No