BNBCalc Short Term Rental Investment Analysis 244 West Strawberry Street, Lancaster, PA

2 bed • 2 bath • 6 guests • $225,000

BNB

Calc

Annual Revenue

$51,748

Profit (Cash Flow)

$16,163

Cap Rate

13.9%

Annual Revenue

$51,748

AirDNA projects $183/night at 61% occupancy ($40,772). Airbtics projects $163/night at 62% occupancy ($36,911). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 77% occupancy rate, $184 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$21,339	$33,209	$53,511	$75,564
Occupancy	49%	61%	77%	88%
Nightly Rate	$114	$144	$184	$227

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Center City 2bd Apt with Free Parking Included!	$31,040	$121	67%	2	3	2	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (290)
The Hideaway	$61,043	$318	51%	2	1	1	$120	❌	❌	✅	Y / Y	⭐️ 5 (292)
2 Blocks from City Square + Skyline view 🌆	$52,358	$169	81%	2	1	1	$90	❌	❌	❌	Y / Y	⭐️ 5 (303)
Wilkum Home, a Pennsylvania Dutch inspired space.	$55,831	$153	95%	2	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (176)
The Sweet Retreat. A little downtown getaway	$26,088	$93	74%	2	1	1	$50	❌	❌	❌	N / Y	⭐️ 4.8 (213)
Courtyard Home Downtown / Reno + Close to it all	$26,134	$190	36%	2	1	1	$100	❌	❌	❌	Y / Y	⭐️ 4.7 (42)
Renovated Apartment in Downtown Lancaster	$17,278	$73	61%	2	1	2	$70	❌	❌	❌	Y / Y	⭐️ 4.7 (211)
New Downtown Apt 1st Fl, Extremely Desirable Area	$21,866	$102	56%	2	1	1	$60	❌	❌	❌	Y / Y	⭐️ 4.7 (343)
Spacious Gallery Row Downtown Apartment	$63,277	$210	82%	2	3	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (103)
Greenhouse on Walnut	$26,609	$98	72%	2	1	1	$60	❌	❌	❌	N / Y	⭐️ 4.8 (162)
Lovely 2 bedroom apartment with patio	$22,752	$96	62%	2	1	1	$60	❌	❌	❌	Y / Y	⭐️ 4.4 (76)
New Downtown Apt 2nd Fl, Extremely Desirable Area	$20,343	$104	50%	2	1	1	$60	❌	❌	❌	Y / N	⭐️ 4.7 (224)
Vintage Inn + Hot Tub - Lancaster City	$48,218	$187	66%	2	1	2	$95	❌	✅	❌	Y / Y	⭐️ 5 (84)
Urban Oasis: the heartbeat of Lancaster!	$25,051	$125	52%	2	1	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (61)
Cozy 2 Bedroom in Downtown Lancaster	$38,328	$133	75%	2	1	1	$70	❌	❌	❌	Y / Y	⭐️ 4.8 (178)
New Downtown Apt 3rd Fl, Extremely Desirable Area	$20,718	$115	47%	2	1	1	$60	❌	❌	❌	Y / N	⭐️ 4.7 (219)
The LemonTree Casa - Downtown Historic Lancaster	$19,109	$160	28%	2	1	1	$165	❌	❌	✅	Y / Y	⭐️ 4.7 (53)
Little Chestnut Cottage in the City	$41,460	$129	87%	2	1	2	$50	❌	❌	❌	N / Y	⭐️ 5 (209)
The Stage House - City Center Theater District	$35,445	$159	57%	2	1	1	$135	❌	❌	✅	Y / Y	⭐️ 5 (43)
Little House On Lime	$58,006	$225	69%	2	1	2	$110	❌	❌	❌	Y / Y	⭐️ 4.9 (96)
Cozy on Lime - Downtown/Historic District 2 BR/BA	$37,148	$183	53%	2	2	1	$110	❌	❌	❌	Y / Y	⭐️ 5 (85)
Perfect Cozy Home for Downtown Lancaster Visits	$29,385	$142	53%	2	2	2	$115	❌	❌	❌	Y / Y	⭐️ 4.9 (79)
Friendly Townhouse w/ Secluded Backyard Getaway	$35,321	$114	81%	2	2	2	$95	❌	❌	✅	Y / Y	⭐️ 4.8 (96)
Modern Space / Historic Lancaster	$34,677	$121	76%	2	2	1	$85	❌	❌	❌	Y / Y	⭐️ 4.8 (153)
Lancaster Musically Inspired Home Downtown Sleeps6	$31,273	$177	46%	2	0	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (14)
Luxury Lancaster Downtown Condo	$65,993	$249	66%	2	3	2	$210	❌	❌	❌	Y / Y	⭐️ 5 (4)
Fall in Lancaster! Enjoy a visit.	$51,425	$292	47%	2	2	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (33)
The Hannah House in Downtown Lancaster	$25,198	$212	30%	2	1	1	$120	❌	❌	✅	Y / Y	⭐️ 4.5 (29)
City View: 2 BD apartment, with parking and deck	$24,212	$147	45%	2	1	33	$50	❌	❌	❌	Y / Y	⭐️ 5 (187)
Newly Renovated Luxury 2BRM - Downtown Lancaster	$64,096	$199	88%	2	1	30	$150	❌	❌	❌	Y / Y	⭐️ 5 (66)
The Derby House - Lancaster City Central	$21,822	$175	31%	2	2	1	$165	❌	❌	❌	Y / Y	⭐️ 4.2 (11)
One-of-a-kind place to stay.	$26,718	$146	50%	2	3	2	$0	❌	✅	✅	Y / N	⭐️ 4.3 (3)
Stylish Apartment Near Downtown and F&M	$25,200	$81	85%	2	1	30	$100	❌	❌	❌	Y / Y	⭐️ 5 (61)
Lovely 2BR Townhouse in Downtown Lancaster	$43,144	$161	73%	2	2	4	$85	❌	❌	✅	Y / Y	⭐️ 5 (99)
The Central Market Brownstone	$83,309	$599	38%	2	2	3	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (103)
Little House On Lime	$20,057	$137	40%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 0 (7)
2bd★Free Parking★West End★Extended Stay!	$29,633	$88	92%	2	1	31	$0	❌	❌	❌	Y / Y	⭐️ 4.6 (5)
The Residence at Grant Street	$39,504	$109	88%	2	1	30	$120	❌	❌	❌	Y / Y	⭐️ 5 (10)
Downtown Lancaster	$23,666	$118	53%	2	2	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (6)
Chic Lancaster Vacation Rental, Walkable Location!	$42,456	$116	100%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (11)

Return Metrics

27.74% 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)	$16,162	$32,325	$48,488	$64,651	$80,813	$161,627	$484,883
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$180,000	$180,000	$180,000	$180,000	$180,000	$180,000	$180,000
Down Payment	$45,000	$45,000	$45,000	$45,000	$45,000	$45,000	$45,000
Property Appreciation	$6,750	$13,702	$20,863	$28,239	$35,836	$77,381	$321,134
Total Return	$247,912	$271,028	$294,351	$317,890	$341,650	$464,008	$1,031,017

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

27.74%

Cap Rate

13.92%

Return on Investment

43.12%

244 W Strawberry St Lancaster, Pennsylvania, 17603

2 bed • 2 bath • 6 guests

Purchase Price

Est. $1,079/mo

Inquire about this property

Contact Agent

$111,900

Zestimate

157

Airbnb Investor Score

$16,162

Annual Profit

13.9%

Cap Rate

27.7%

Cash on Cash

$51,748

Annual Revenue

BNBCalc predicts this property will get $163 per night with 62% occupancy, putting it in the top 49% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 26% 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.

$36,629

Avg annual revenue

62%

Avg occupancy rate

$163

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

$15k

$40k

$60k

$85k

$16,163

Profit

Revenue

$51,748

Operating Expenses

$20,407

Operating Income

$31,341

Mortgage & Taxes

$15,178

Profit (Cash Flow)

$16,163

$58,250

Cash Investment

Down Payment

$45,000

Renos & Furnishing

$6,500

Closing Costs

$6,750

Total

$58,250

DSCR Ratio

Strong

2.06

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

27.74%

Cap Rate

13.92%

Return on Investment

43.12%

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

$10,679

Deductible property tax

$2,228

Your total deduction

$7,025

Your adjusted annual income

$150,000 - $7,025 = $142,975

Taxes on $142,975 (30%)

$42,893

Your old tax bill

$45,000

Your new tax bill

$42,893

Estimated tax savings

$2,107

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:

1,742 sqft

Year built:

1860

Size:

1,200 sqft

Type:

TOWNHOUSE

Parking:

Heating:

Hot Water, Natural Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: TOWNHOUSE

Stories: 2

Lot size: 1,742 sqft

Building area: 1,200 sqft

Garage: No

Heating: Hot water, natural gas

Pool: No

Fireplaces: -

Basement: Yes

Cooling: None

View: -

Parking: Stone Driveway, Off Street, On Street

Amenities: Electric Water Heater

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: 3380379100000

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $44,400

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $111,900

Schools

Elementary School: Carter And Macrae El School with 4/10 star rating
Middle School: Reynolds Middle School with 5/10 star rating
High School: Mccaskey Campus with 3/10 star rating