BNBCalc Short Term Rental Investment Analysis 2612 E Blackford Ave

3 bed • 1 bath • 9 guests • $219,400

BNB

Calc

Report by:

Onboarding Flow User

user-for-onboarding-flow@bnbcalc.com

Annual Revenue

$23,518

Profit (Cash Flow)

-$8,019

Cap Rate

3.1%

Annual Revenue

$23,518

AirDNA projects $137/night at 47% occupancy ($23,518). Airbtics projects $120/night at 63% occupancy ($27,612). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 47% occupancy rate, $137 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$19,354	$30,015	$41,154	$47,384
Occupancy	58%	67%	73%	79%
Nightly Rate	$89	$118	$149	$158

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Charming Home Away from Home	$25,645	$156	43%	3	2	3	$125	❌	❌	✅	Y / N	⭐️ 5 (10)
Relax Inn this Knotty & Nice Entire Home	$23,952	$78	78%	3	1	3	$75	❌	❌	✅	Y / Y	⭐️ 4.8 (118)
3BR near Tropicana Casino, IU Health, UE, USI	$35,300	$132	68%	3	1	3	$100	❌	❌	✅	Y / Y	⭐️ 4.7 (43)
Charming Bungalow-Style Home	$22,895	$105	56%	3	1	3	$85	❌	❌	✅	Y / Y	⭐️ 4.8 (18)
Swonder Ice Arena Area 3 BR/1.5 Bath Home	$36,234	$132	75%	3	2	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (6)
Swonder Arena Area 3 BR/1.5 Bath Home	$11,212	$155	16%	3	2	3	$175	❌	❌	❌	Y / Y	⭐️ 5 (1)
Kozy Kathleen	$30,680	$80	95%	3	1	2	$60	❌	❌	❌	Y / Y	⭐️ 4.8 (74)
Mid-Century Brick Bungalow Home	$22,034	$86	70%	3	1	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (1)
Spring Street Suites A \| Stylish 3BD/1BA Apt	$25,254	$99	67%	3	1	28	$64	❌	❌	❌	Y / Y	⭐️ 5 (1)
Pet-Friendly Evansville Rental w/ Private Yard!	$43,297	$182	65%	3	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.3 (3)

Return Metrics

-13.65% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$8,019	-$16,038	-$24,057	-$32,077	-$40,096	-$80,193	-$240,579
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,155	$4,443	$6,873	$9,452	$12,190	$28,634	$175,520
Down Payment	$43,880	$43,880	$43,880	$43,880	$43,880	$43,880	$43,880
Property Appreciation	$6,582	$13,361	$20,344	$27,536	$34,944	$75,455	$313,141
Total Return	$44,598	$45,646	$47,039	$48,791	$50,919	$67,776	$291,961

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.65%

Cap Rate

3.09%

Return on Investment

1.22%

2612 E Blackford Ave Evansville, Indiana, 47714-2544

3 bed • 1 bath • 9 guests

Purchase Price

Est. $1,052/mo

Inquire about this property

Contact Agent

$219,400

Zestimate

Evansville

Zoning

Laws

$23,518

Annual Revenue

BNBCalc predicts this property will get $120 per night with 63% occupancy, putting it in the top 44% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 81% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

10 Airbnb Comparables

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

$27,650

Avg annual revenue

63%

Avg occupancy rate

$120

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

$20k

$30k

$45k

-$8,019

Profit

Revenue

$23,518

Operating Expenses

$16,737

Operating Income

$6,781

Mortgage & Taxes

$14,800

Profit (Cash Flow)

-$8,019

$58,712

Cash Investment

Down Payment

$43,880

Renos & Furnishing

$8,250

Closing Costs

$6,582

Total

$58,712

DSCR Ratio

Weak

0.46

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-13.65%

Cap Rate

3.09%

Return on Investment

1.22%

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

$10,413

Deductible property tax

$2,172

Your total deduction

$37,394

Your adjusted annual income

$150,000 - $37,394 = $112,606

Taxes on $112,606 (30%)

$33,782

Your old tax bill

$45,000

Your new tax bill

$33,782

Estimated tax savings

$11,218

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:

7,500 sqft

Year built:

1958

Size:

1,266 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 7,500 sqft

Building area: 1,266 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 2

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 82-06-27-013-081.030-027

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $201,900

County Est. Land Value: $22,300

Assessed Land Value: $22,300

County Est. Structure Value: $179,600

Market Estimate: $192,556

Sale history

Date	Sale Price	% Financed	Buyer
05/25/18	$0	0%	Noah D Hayden, Taylor N Hayden

Ownership

Name: Noah D Hayden

Owner Occupied: Yes

Owner Mailing Address: 2612 E Blackford Ave, Evansville, In 47714

Years Owned: 72

Home Equity: $139,600

Mortgage Balance Remaining: $103,100

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No