BNBCalc Short Term Rental Investment Analysis 3020 Wolf Lake Rd, Ely, MN 55731, USA

2 bed • 2 bath • 4 guests • $295,000

BNB

Calc

Annual Revenue

$54,787

Profit (Cash Flow)

$14,940

Cap Rate

9.9%

Annual Revenue

$54,787

AirDNA projects $204/night at 48% occupancy ($35,764).

BNB Calc projects a 60% occupancy rate, $250 rate per night.

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

Return Metrics

14.38% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$14,939	$29,879	$44,819	$59,759	$74,698	$149,397	$448,193
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$206,499	$206,499	$206,499	$206,499	$206,499	$206,499	$206,499
Down Payment	$88,500	$88,500	$88,500	$88,500	$88,500	$88,500	$88,500
Property Appreciation	$8,850	$17,965	$27,354	$37,025	$46,985	$101,455	$421,042
Total Return	$318,789	$342,845	$367,173	$391,784	$416,684	$545,853	$1,164,235

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

14.38%

Cap Rate

9.87%

Return on Investment

25.78%

3020 Wolf Lake Rd Ely, Minnesota, 55731-8420

2 bed • 2 bath • 4 guests

Purchase Price

Est. $1,415/mo

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$54,787

Annual Revenue

Projected nightly rate is $204/night at 48% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$14,940

Profit

Revenue

$54,787

Operating Expenses

$25,655

Operating Income

$29,132

Mortgage & Taxes

$14,192

Profit (Cash Flow)

$14,940

$103,850

Cash Investment

Down Payment

$88,500

Renos & Furnishing

$6,500

Closing Costs

$8,850

Total

$103,850

DSCR Ratio

Strong

2.05

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

14.38%

Cap Rate

9.87%

Return on Investment

25.78%

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

$10,392

Deductible property tax

$738

Your total deduction

$15,098

Your adjusted annual income

$150,000 - $15,098 = $134,902

Taxes on $134,902 (30%)

$40,471

Your old tax bill

$45,000

Your new tax bill

$40,471

Estimated tax savings

$4,529

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com