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BNBCalc Short Term Rental Investment Analysis 247 Montgomery St APT 5, Jersey City, NJ, 07302

2 bed • 1 bath • 5 guests • $515,700

BNB

Calc

Annual Revenue

$103,496

Profit (Cash Flow)

$41,574

Cap Rate

14.8%

Annual Revenue

$103,496

AirDNA projects $278/night at 69% occupancy ($70,061). Airbtics projects $263/night at 72% occupancy ($69,162). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 92% occupancy rate, $308 rate per night.

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

Percentiles25%50%75%90%
Revenue$36,447$77,391$105,707$125,806
Occupancy45%79%92%94%
Nightly Rate$215$262$308$358

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
VAN VORST HOUSE | 2 BR Apt. Minutes to NYC
$99,370
$288
93%
222$149❌❌❌Y / Y⭐️ 5 (47)
Cozy Home in Jersey City-Few Minutes Away from NYC
$61,628
$296
56%
223$120❌❌❌N / Y⭐️ 5 (37)
Spacious 2 BD/ 2 BA- Minutes to NYC!
$125,319
$364
91%
223$250❌❌✅Y / Y⭐️ 4 (5)
Luxury/2BD/2BTH/Downtown Jersey City/PATH/Mins2NYC
$70,321
$203
92%
221$150❌❌✅Y / Y⭐️ 5 (59)
Sweet Home - 20 minutes to NYC
$116,409
$363
86%
223$165❌❌✅Y / Y⭐️ 4.7 (68)
Quiet 2 bdr apt, 12 min from NYC
$119,788
$360
90%
222$100❌❌❌Y / Y⭐️ 5 (59)
Historic Jersey Suite (Short Ride to Lower NYC)
$94,341
$279
89%
212$150❌❌❌Y / Y⭐️ 4.7 (208)
Cozy apartment near grove path
$74,848
$256
77%
222$175❌❌❌Y / Y⭐️ 4.7 (22)
The small paradise JC/NYC
$68,364
$237
76%
211$80❌❌❌Y / Y⭐️ 4.5 (30)
Spacious Apt 10 Min from Manhattan
$58,473
$167
94%
215$85❌❌❌Y / Y⭐️ 4.7 (231)
Jersey City Haven by Wilder Co Properties
$84,640
$247
92%
211$98❌❌❌Y / Y⭐️ 5 (76)
Bright, Modern 2 Bedroom Apartment, 15 mins to NYC
$74,880
$215
93%
214$120❌❌❌Y / Y⭐️ 5 (55)
Spacious 2BR Apt - 7min Walk to Grove PATH/NYC
$65,238
$193
90%
212$150❌❌❌N / Y⭐️ 5 (117)
2 BR Jersey City Historic Brownstone 10 Min to NYC
$112,030
$307
99%
211$150❌❌❌Y / Y⭐️ 5 (46)
Brownstone Bliss, Steps to NYC
$112,650
$325
94%
212$100❌❌❌Y / Y⭐️ 4.9 (31)
Gorgeous 2 BR/1 BA Apt- Minutes to NYC!
$44,986
$145
79%
213$150❌❌✅Y / Y⭐️ 4.3 (21)
Charming 2-bedroom in the heart of Jersey City
$67,554
$199
92%
212$125❌❌❌Y / Y⭐️ 4.9 (140)
Luxury living 15 min-NYC
$66,199
$219
79%
222$150❌❌✅Y / Y⭐️ 5 (6)
Hamilton House JC 2BR–10 Min to NYC via Subway
$78,092
$215
96%
212$150❌❌✅N / Y⭐️ 4.7 (112)
Beautiful 2 Bed, 1 Bath in Primetime Downtown JC
$68,006
$231
77%
213$150❌❌✅Y / Y⭐️ 3.9 (14)
Gorgeous 2 Bd/1 BA in Primetime Downtown JC!
$57,921
$208
73%
213$150❌❌✅Y / Y⭐️ 4.5 (7)
Urban Sanctuary: 1 Stop To NYC, 2 BR w Cool Yard
$85,747
$256
90%
211$100❌❌❌Y / Y⭐️ 5 (185)
Luxury living NJ 15 min-NYC
$71,585
$246
77%
222$165❌❌✅Y / Y⭐️ 4 (11)
The Birds Nest (Two King Beds)
$93,971
$325
79%
222$0❌❌❌Y / Y⭐️ 0 (12)
Entire 2 bedroom apt-In NY
$52,195
$358
38%
211$150❌❌✅Y / Y⭐️ 0 (0)
Newly Renovated Apt <1 MI. TO NY
$48,099
$268
47%
211$79❌❌❌N / N⭐️ 5 (17)
Casa Corgi 3
$66,858
$186
95%
215$125❌❌✅N / Y⭐️ 5 (34)
2 Bedroom steps from Grove Street PATH Station
$50,243
$286
48%
2230$0✅❌✅Y / Y⭐️ 4.5 (6)
Beautiful Newport 2BR | Upscale Amenities w/ Gym
$35,868
$245
40%
2227$100✅❌✅Y / Y⭐️ 5 (1)
Jersey City NJ | Luxury 2 Bedroom Apt w/ Amenities
$44,505
$304
40%
2227$100✅❌✅Y / Y⭐️ 4.5 (7)
Private Jersey City 2 Bedroom Apartment near PATH
$44,214
$302
40%
2227$100✅❌✅Y / Y⭐️ 4.4 (12)
Perfect for Families! Petfriendly 2BR nr Hudson R.
$49,776
$340
40%
2227$100✅❌✅Y / Y⭐️ 5 (2)
Spacious 2BR | Work Desk + W/D| Jersey City by GLS
$48,606
$332
40%
2227$100✅❌✅Y / Y⭐️ 4.7 (25)
Upscale JC 2BR! Pool | Game room | City Views
$40,260
$275
40%
221$100✅❌✅Y / Y⭐️ 5 (1)
Entire 2 BR Apt 10 min. to NYC, steps to Dwntn JC!
$49,684
$134
100%
215$160❌❌❌N / Y⭐️ 4.8 (151)
Spacious 2BR | Travel Nurse Friendly|Steps to PATH
$45,346
$295
42%
2227$100✅❌✅Y / Y⭐️ 4.7 (7)
Classic 2 Bedroom Apartment in Jersey City Newport
$38,948
$313
34%
2227$100✅❌✅Y / Y⭐️ 4.5 (4)
Perfect 2 BR/1 BA Apt -Minutes to NYC!
$33,163
$119
72%
213$150❌❌✅Y / Y⭐️ 4.4 (8)
Modern Jersey City 2BR| Work Desk + WiFi |Newport
$37,515
$250
41%
2227$100✅❌✅Y / Y⭐️ 5 (7)
Brand New Luxury Home ~15 min from NYC!
$126,561
$380
91%
223$0❌❌❌Y / Y⭐️ 5 (12)

Return Metrics

33.29% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$41,573$83,147$124,720$166,294$207,868$415,736$1,247,208
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$5,066$10,445$16,155$22,218$28,654$67,306$412,560
Down Payment$103,140$103,140$103,140$103,140$103,140$103,140$103,140
Property Appreciation$15,471$31,406$47,819$64,724$82,137$177,357$736,039
Total Return$165,250$228,138$291,835$356,377$421,800$763,540$2,498,947

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

33.29%

Cap Rate

14.8%

Return on Investment

49.74%

property-location

247 Montgomery St APT 5 Jersey City, New Jersey, 07302

2 bed • 1 bath • 5 guests

Est. $2,474/mo

Agent

Inquire about this property

Contact Agent

$520,700

Zestimate

Jersey City

Guide

Zoning

Market

Guide


Laws


Market Data

180

Airbnb Investor Score

$41,573

Annual Profit

14.8%

Cap Rate

33.3%

Cash on Cash

$103,496

Annual Revenue

BNBCalc predicts this property will get $263 per night with 72% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Top 26% of comparables

Top 26% 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.

$69,605

Avg annual revenue

72%

Avg occupancy rate

$263

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

$30k

$65k

$95k

$130k

Sign up to see the data on 40 all comparables

$41,574

Profit

Revenue

$103,496

Operating Expenses

$27,134

Operating Income

$76,361

Mortgage & Taxes

$34,787

Profit (Cash Flow)

$41,574

$124,861

Cash Investment

Down Payment

$103,140

Renos & Furnishing

$6,250

Closing Costs

$15,471

Total

$124,861

DSCR Ratio

Strong

2.20

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

33.29%

Cap Rate

14.8%

Profit (Cummulative)

$41,574

$5,066

$6,250

$15,471

$0

Total Gain

$62,111

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

$24,476

Deductible property tax

$5,105

Your total deduction

$10,378

Your adjusted annual income

$150,000 - $10,378 = $139,622


Taxes on $139,622 (30%)

$41,886

Your old tax bill

$45,000

Your new tax bill

$41,886


Estimated tax savings

$3,114

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:

650 sqft

Type:

CONDO

Parking:

-

Heating:

Baseboard

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: CONDO
  • Stories: -
  • Lot size: -
  • Building area: 650 sqft
  • Garage: No
  • Heating: Baseboard
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: None
  • Amenities: Microwave, Refrigerator, Oven/Range Gas
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 0614101000000002C0005
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $450,000
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $520,700


Schools

  • Elementary School: Frank R. Conwell No. 3 Elementary School with 6/10 star rating
  • Middle School: Number 4 Middle School with 5/10 star rating
  • High School: James J. Ferris High School with 2/10 star rating