BNBCalc Short Term Rental Investment Analysis 2610 Caroline Ave, Indianapolis, IN, 46218

4 bed • 3 bath • 12 guests • $150,000

BNB

Calc

Annual Revenue

$70,642

Profit (Cash Flow)

$37,660

Cap Rate

31.9%

Annual Revenue

$70,642

AirDNA projects $322/night at 50% occupancy ($58,804). Airbtics projects $273/night at 53% occupancy ($52,847). Airbtics predicts this property will perform in the 52% revenue percentile

BNB Calc projects a 63% occupancy rate, $307 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$26,282	$40,384	$73,181	$116,064
Occupancy	43%	52%	63%	73%
Nightly Rate	$160	$203	$307	$421

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Luxury 4BDR home near downtown	$40,395	$238	42%	4	4	1	$200	❌	❌	❌	Y / Y	⭐️ 5 (62)
Perfect Large Downtown Indy Home - Sleeps 16 - Lux	$34,018	$215	41%	4	2.5	3	$250	❌	❌	✅	Y / Y	⭐️ 5 (34)
Mapleton: Work Friendly & Foosball Table	$47,584	$160	74%	4	2.5	1	$250	❌	❌	❌	Y / Y	⭐️ 4.5 (36)
Dream Retreat, Newly Built Indy 4Bd w/ Pool Table!	$39,312	$228	43%	4	3	2	$180	✅	❌	✅	Y / Y	⭐️ 5 (108)
Downtown Oasis: 4BR with Hot Tub!	$47,888	$191	66%	4	2.5	1	$125	❌	✅	✅	Y / Y	⭐️ 5 (197)
Fall Creek on the Trail	$38,945	$156	57%	4	2	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (19)
Spacious modern home minutes from Downtown Indy	$90,746	$395	62%	4	4	2	$185	❌	❌	✅	Y / Y	⭐️ 5 (53)
New Modern 4BR/5BA Downtown Indianapolis	$30,161	$157	49%	4	4.5	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (35)
New Luxury 4BR/5BA Downtown Indianapolis	$31,905	$150	53%	4	4.5	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (36)
Sleeps 16•Spacious•King Beds•Kid-Friendly•Walkable	$53,430	$322	44%	4	2.5	2	$225	❌	❌	✅	Y / Y	⭐️ 5 (87)
Out-of-Towner's Oasis ~ Home in the heart of Indy	$33,271	$157	56%	4	2.5	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (52)
Hot tub! 5 min to downtown Indy!	$43,021	$182	61%	4	2.5	1	$125	❌	✅	✅	Y / Y	⭐️ 5 (215)
Indy's 1st Container Home- Downtown - 3 car garage	$44,084	$165	73%	4	3.5	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (148)
Parkview Family Double-up	$52,352	$282	50%	4	4.5	2	$185	❌	❌	✅	Y / Y	⭐️ 5 (5)
Game Room~10 Min to Lucas Oil~Perfect for Groups	$55,577	$223	65%	4	3.5	2	$245	✅	❌	❌	Y / Y	⭐️ 5 (26)
The Creekside Cottage, Mins from Downtown	$33,151	$114	70%	4	2	1	$225	❌	❌	❌	Y / Y	⭐️ 5 (35)
Modern 4BR/5BA Downtown Indpls	$29,740	$153	49%	4	4.5	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (28)
Bar/Billiards/Lounge/Near Mass	$55,339	$360	42%	4	3.5	2	$150	✅	❌	❌	Y / Y	⭐️ 5 (22)
Spacious Getaway w/ Games near Children's Museum!	$25,312	$133	52%	4	3	2	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (67)
Luxury 4BR/5BA Downtown Indpls	$29,281	$160	45%	4	4.5	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (32)
Large Comfy 4 Bedroom House Close to Downtown!	$23,765	$137	46%	4	2	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (203)
PickleBallCt/HotTub/Walk to Bottleworks Retreat	$130,839	$645	55%	4	3.5	3	$250	❌	✅	❌	Y / Y	⭐️ 5 (33)
Modern Historic \| Pet Friendly \| Regency Retreat	$45,211	$184	65%	4	2.5	2	$170	❌	❌	✅	Y / Y	⭐️ 5 (18)
Indianapolis Vacation Rental ~ 4 Mi to Downtown!	$148,191	$969	41%	4	5	2	$289	❌	❌	✅	Y / Y	⭐️ 4.2 (7)
Entire beautiful house, Quiet area, Near downtown.	$39,270	$185	55%	4	2.5	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (29)
Pet Friendly \| Sleeps 8 \| Indy Heritage House	$40,102	$205	51%	4	3.5	2	$170	❌	❌	✅	Y / Y	⭐️ 5 (36)
Bright and Modern 4 BR Home!	$39,225	$400	25%	4	3	2	$250	✅	❌	❌	Y / Y	⭐️ 4.7 (6)
BEST! 4 bd Luxury Downtown Indy Luxury Home	$44,622	$249	46%	4	3	1	$180	❌	❌	✅	Y / Y	⭐️ 5 (1)
BEST of Downtown Indy Luxury Oasis 4BD Entire Home	$58,269	$302	51%	4	3	1	$180	❌	❌	✅	Y / Y	⭐️ 4.2 (5)
Indy Charm	$37,945	$130	76%	4	2	1	$130	❌	❌	✅	Y / Y	⭐️ 4.8 (14)
Belle Flower, 4 BR, 2 BA, Pet-friendly!	$88,974	$286	85%	4	2	28	$175	❌	❌	✅	Y / Y	⭐️ 5 (23)
Vibrant 4 bedroom - Sleeps 16! close to downtown	$46,518	$200	62%	4	2.5	14	$140	❌	❌	✅	Y / Y	⭐️ 5 (27)
Contemporary @ indianapolis	$50,017	$337	40%	4	4	3	$130	❌	❌	❌	Y / Y	⭐️ 4 (6)
Convenient \| Pet & Baby\|Near Convention & Hospital	$57,382	$201	78%	4	2	1	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
Stunning Mansion Minutes from Downtown	$69,912	$334	54%	4	4	1	$195	❌	❌	❌	Y / Y	⭐️ 5 (42)
Stay & Play Downtown Indy!	$47,346	$616	21%	4	3	3	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (3)
Indianapolis Vacation Rental: 2 Mi to Downtown!	$120,083	$756	43%	4	3	2	$181	❌	❌	❌	Y / Y	⭐️ 4.7 (47)
Sea of Tranquility Sleeps 12! 4 bdrm near DT	$44,691	$189	63%	4	2	14	$240	❌	❌	✅	Y / Y	⭐️ 5 (11)
Historic Renovated 4BR in Downtown Indianapolis	$28,933	$255	31%	4	3	2	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (11)
Artisan Oasis-Hot Tub \| Fire Pit 4BD Right Unit	$53,704	$201	73%	4	3.5	2	$0	❌	✅	❌	Y / Y	⭐️ 5 (7)

Return Metrics

83.22% 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)	$37,659	$75,319	$112,979	$150,639	$188,299	$376,598	$1,129,796
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$120,000	$120,000	$120,000	$120,000	$120,000	$120,000	$120,000
Down Payment	$30,000	$30,000	$30,000	$30,000	$30,000	$30,000	$30,000
Property Appreciation	$4,500	$9,135	$13,909	$18,826	$23,891	$51,587	$214,089
Total Return	$192,159	$234,454	$276,888	$319,465	$362,190	$578,186	$1,493,885

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

83.22%

Cap Rate

31.85%

Return on Investment

96.42%

2610 Caroline Ave Indianapolis, Indiana, 46218

4 bed • 3 bath • 12 guests

Purchase Price

Est. $719/mo

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Contact Agent

Indianapolis

Guide

Zoning

Market

Guide

Laws

Market Data

467

Airbnb Investor Score

$37,659

Annual Profit

31.9%

Cap Rate

83.2%

Cash on Cash

$70,642

Annual Revenue

BNBCalc predicts this property will get $273 per night with 53% occupancy, putting it in the top 52% 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.

$51,762

Avg annual revenue

53%

Avg occupancy rate

$273

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

$37,660

Profit

Revenue

$70,642

Operating Expenses

$22,863

Operating Income

$47,778

Mortgage & Taxes

$10,119

Profit (Cash Flow)

$37,660

$45,250

Cash Investment

Down Payment

$30,000

Renos & Furnishing

$10,750

Closing Costs

$4,500

Total

$45,250

DSCR Ratio

Strong

4.72

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

83.22%

Cap Rate

31.85%

Return on Investment

96.42%

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

$7,119

Deductible property tax

$1,485

Your total deduction

-$21,316

Your adjusted annual income

$150,000 - -$21,316 = $171,316

Taxes on $171,316 (30%)

$51,395

Your old tax bill

$45,000

Your new tax bill

$51,395

Estimated tax savings

-$6,395

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:

7,840 sqft

Year built:

1966

Size:

1,532 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air

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Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 1

Lot size: 7,840 sqft

Building area: 1,532 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: No

Cooling: Central Air

View: -

Parking: Detached

Amenities: Electric Water Heater, Gas Oven, Refrigerator

Price per square foot: $97

Lot Info

Zoning: -

Land Use: -

Parcel Number: 490730114232000101

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $82,600

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

High School: Shortridge High School with 2/10 star rating