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BNBCalc Short Term Rental Investment Analysis 2414 1st Ave, Seattle, WA, 98121

1 bed • 1 bath • 3 guests • $355,000

BNB

Calc

Annual Revenue

$41,912

Profit (Cash Flow)

-$1,164

Cap Rate

6.4%

Annual Revenue

$41,912

AirDNA projects $206/night at 72% occupancy ($54,172). Airbtics projects $153/night at 75% occupancy ($41,911). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 75% occupancy rate, $153 rate per night.

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

Percentiles25%50%75%90%
Revenue$33,485$40,268$54,626$73,906
Occupancy68%74%83%95%
Nightly Rate$129$141$171$204

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
Chic Condo with Peek-a-boo Space Needle Views!
$31,693
$128
62%
112$80✅✅❌Y / Y⭐️ 5 (103)
Mid-Century Condo- King Bed, Free Parking & Pool
$70,720
$208
91%
112$120✅✅❌Y / Y⭐️ 5 (164)
Elegant Home in the Heart of Downtown Seattle!⁵
$37,927
$127
74%
112$80✅✅❌Y / Y⭐️ 5 (194)
The House
$36,094
$100
95%
111$110✅❌❌Y / Y⭐️ 5 (251)
Welcombe Belltown
$38,223
$142
71%
111$120✅✅❌Y / Y⭐️ 5 (191)
Charming 1 Bedroom Home in the Heart of Seattle!
$38,558
$143
68%
112$80✅✅❌Y / Y⭐️ 5 (119)
Stylish Home in the Heart of Seattle!
$35,579
$136
66%
112$80✅✅❌Y / Y⭐️ 5 (121)
Bright 1 Bedroom Penthouse in the Heart of Seattle
$48,726
$153
82%
11.52$80✅✅❌Y / Y⭐️ 5 (105)
Chic Condo in the Heart of Seattle!
$37,379
$140
67%
112$80✅✅❌Y / Y⭐️ 5 (180)
Serene Home in the Heart of Seattle!
$31,540
$126
63%
112$80✅✅❌Y / Y⭐️ 5 (58)
Prime 1BR Washington State Conv.Center 6th-Floor
$23,084
$158
33%
112$114✅✅✅Y / Y⭐️ 4.2 (65)
Charming Condo in the Heart of Downtown Seattle!
$40,208
$138
75%
112$80✅✅❌Y / Y⭐️ 5 (160)
Sunny Oasis in the Heart of Seattle! +Pool/Parking
$35,104
$127
70%
112$80✅✅❌Y / Y⭐️ 5 (96)
Sunny Oasis in the Heart of Seattle! +Pool/Parking
$37,330
$129
75%
112$80✅✅❌Y / Y⭐️ 4.8 (27)
Enchanting 1 Bedroom Home in Heart of Seattle!
$39,020
$134
74%
112$80✅✅❌Y / Y⭐️ 5 (73)
Modern Condo in the Heart of Downtown Seattle!
$54,591
$204
70%
112$80✅✅❌Y / Y⭐️ 5 (132)
Gorgeous Condo in the Heart of Seattle!
$31,689
$129
61%
112$80✅✅❌Y / Y⭐️ 5 (127)
Modern Downtown Condo w/ Balcony & Pool & Hot Tub
$47,697
$181
72%
111$0✅✅❌Y / N⭐️ 5 (253)
Elegant Penthouse Studio with Parking!
$61,429
$198
82%
112$80✅✅❌Y / Y⭐️ 5 (75)
City★Water View Oasis + Pool & Gym in ♥ of Seattle
$55,677
$178
83%
111$100✅✅❌Y / Y⭐️ 5 (116)
Modern Condo w 99 walk score! Free Parking & Pool
$39,234
$136
74%
112$120✅✅❌Y / Y⭐️ 4.8 (101)
Seattle Suite: Walk to everywhere in Downtown
$54,355
$152
95%
111$100✅✅❌Y / Y⭐️ 5 (189)
Luxurious 1 Bedroom in the Heart of Seattle!
$34,055
$130
65%
112$80✅✅❌Y / Y⭐️ 5 (121)
Location, Location!
$31,908
$111
74%
112$80❌❌❌Y / Y⭐️ 5 (459)
City★Water View Oasis + Pool & Gym in ♥ of Seattle
$53,690
$174
81%
111$100✅✅❌Y / Y⭐️ 4.5 (14)
Chic 1BR Home in the Heart of Seattle! +Parkg/Pool
$68,038
$199
90%
112$80✅✅❌Y / Y⭐️ 5 (113)
Belltown Condo with Views near Pike Place
$74,399
$251
79%
112$140❌❌❌Y / Y⭐️ 5 (63)
Garden Oasis in the Heart of Seattle! w/ Pool&Prkg
$36,160
$129
72%
112$80✅✅❌Y / Y⭐️ 4.8 (39)
Quiet Belltown/Downtown Loft-Top Floor Unit - A/C
$38,547
$159
64%
11.51$100❌❌❌Y / Y⭐️ 5 (201)
Getaway in Seattle Center-321
$30,842
$100
82%
111$138❌❌❌Y / Y⭐️ 5 (93)
Central Belltown apartment - close to everything!
$49,356
$151
88%
113$90❌❌❌Y / Y⭐️ 5 (193)
Seattle Studio With Water View
$47,430
$127
100%
111$45❌❌❌Y / Y⭐️ 5 (181)
Seattle *Rock 'N Roll* Glam - 1BD/1BA Urban Condo
$92,120
$251
98%
112$80✅✅❌Y / Y⭐️ 5 (156)
Stunning Rooftop Views! Pool, Gym & Walkable Spot
$48,161
$225
57%
113$135✅✅❌Y / Y⭐️ 5 (83)
Charming studio in heart of Belltown with pool!
$54,166
$171
85%
111$120✅✅❌Y / Y⭐️ 5 (110)
Bright Condo in Downtown with Free Parking
$47,133
$130
97%
112$65✅✅❌Y / Y⭐️ 5 (133)
Entire condominium in Belltown/Downtown Seattle
$40,969
$123
90%
113$90✅✅❌Y / Y⭐️ 5 (184)
Stylish Downtown Condo w/balcony & free parking
$45,188
$170
70%
112$125✅✅❌Y / Y⭐️ 5 (146)
Hip condo w/free parking & 5 Star location
$40,776
$154
69%
112$110✅✅❌Y / Y⭐️ 5 (87)
Lovely Condo in the Heart of Seattle!
$40,001
$137
74%
112$80✅✅❌Y / Y⭐️ 5 (67)

Return Metrics

-1.35% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$1,163-$2,327-$3,491-$4,655-$5,819-$11,639-$34,918
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$284,000$284,000$284,000$284,000$284,000$284,000$284,000
Down Payment$71,000$71,000$71,000$71,000$71,000$71,000$71,000
Property Appreciation$10,650$21,619$32,918$44,555$56,542$122,090$506,678
Total Return$364,486$374,291$384,426$394,899$405,722$465,450$826,759

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-1.35%

Cap Rate

6.41%

Return on Investment

15.1%

property-location

2414 1st Ave Seattle, Washington, 98121

1 bed • 1 bath • 3 guests

Est. $1,703/mo

Agent

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Seattle

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Zoning

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Laws


Market Data

11

Airbnb Investor Score

-$1,163

Annual Profit

6.4%

Cap Rate

-1.4%

Cash on Cash

$41,912

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $206/night at 72% occupancy.Projected nightly rate is $153/night at 75% occupancy.

Top 44% of comparables

Top 38% 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.

$44,969

Avg annual revenue

75%

Avg occupancy rate

$153

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

$45k

$70k

$95k

Sign up to see the data on 40 all comparables

-$1,164

Profit

Revenue

$41,912

Operating Expenses

$19,129

Operating Income

$22,783

Mortgage & Taxes

$23,947

Profit (Cash Flow)

-$1,164

$85,900

Cash Investment

Down Payment

$71,000

Renos & Furnishing

$4,250

Closing Costs

$10,650

Total

$85,900

DSCR Ratio

Weak

0.95

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-1.35%

Cap Rate

6.41%

Profit (Cummulative)

-$1,164

$284,000

$4,250

$10,650

$0

Total Gain

$12,974

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

$16,849

Deductible property tax

$3,514

Your total deduction

$36,920

Your adjusted annual income

$150,000 - $36,920 = $113,080


Taxes on $113,080 (30%)

$33,924

Your old tax bill

$45,000

Your new tax bill

$33,924


Estimated tax savings

$11,076

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:

-

Size:

631 sqft

Type:

APARTMENT

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: APARTMENT
  • Stories: -
  • Lot size: -
  • Building area: 631 sqft
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: Mountain View
  • Parking: Attached
  • Amenities: Dryer, Washer
  • Price per square foot: -

Lot Info

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

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • Elementary School: Lowell Elementary School with 3/10 star rating
  • Middle School: Edmonds S. Meany Middle School with 5/10 star rating
  • High School: Garfield High School with 8/10 star rating