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List a property you own on Airbnb

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BNBCalc Short Term Rental Investment Analysis 30320 Miles Rd

4 bed • 2 bath • 12 guests • $537,400

BNB

Calc

Annual Revenue

$91,010

Profit (Cash Flow)

$29,247

Cap Rate

12.2%

Annual Revenue

$91,010

AirDNA projects $180/night at 49% occupancy ($32,214). Airbtics projects $220/night at 65% occupancy ($52,229). Airbtics predicts this property will perform in the 40% revenue percentile

BNB Calc projects a 49% occupancy rate, $509 rate per night.

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

Percentiles25%50%75%90%
Revenue$43,626$55,775$78,376$95,132
Occupancy56%65%76%83%
Nightly Rate$201$219$262$293

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
The Intercontinental at University Heights

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$48,637
$216
54%
442$225❌❌❌Y / Y⭐️ 4.8 (77)
Family friendly home near Clinic & Colleges

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$61,084
$223
67%
442$275❌❌❌Y / Y⭐️ 4.8 (18)
Luxury home away from home in Solon

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$67,549
$308
56%
443$300❌❌❌Y / Y⭐️ 4.5 (25)
Spacious Home Near Downtown, Little Italy, Clinic

No image available

$53,882
$201
64%
431$80❌❌❌Y / Y⭐️ 4.8 (98)
Beautiful spacious 4 bedroom with large backyard

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$40,841
$127
78%
412$139❌❌✅Y / Y⭐️ 4.7 (78)
Twin of West Saint James

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$91,286
$292
83%
433$100❌❌❌Y / Y⭐️ 5 (90)
House in the Heights 4br close to Downtown

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$44,217
$204
58%
433$75❌❌❌Y / Y⭐️ 5 (96)
The 5570 Experience!

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$20,221
$135
36%
422$100❌❌❌Y / Y⭐️ 4.6 (37)
Large Modern Cape in Village of Chagrin Falls

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$77,534
$275
71%
433$125❌❌❌Y / Y⭐️ 4.9 (108)
Work Friendly Renovated Home in University Heights

No image available

$78,617
$226
90%
441$210❌❌❌Y / Y⭐️ 4.9 (24)

Return Metrics

21.8% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$29,247$58,494$87,742$116,989$146,236$292,473$877,421
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$429,920$429,920$429,920$429,920$429,920$429,920$429,920
Down Payment$107,480$107,480$107,480$107,480$107,480$107,480$107,480
Property Appreciation$16,122$32,727$49,831$67,448$85,593$184,820$767,010
Total Return$582,769$628,622$674,973$721,837$769,230$1,014,694$2,181,832

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

21.8%

Cap Rate

12.18%

Return on Investment

37.76%

property-location

30320 Miles Rd Solon, Ohio, 44139-1238

4 bed • 2 bath • 12 guests

Est. $2,578/mo

Agent

Inquire about this property

Contact Agent

$537,400

Zestimate

$91,010

Annual Revenue

This property is projected to be in the top 40% revenue percentile compared to similar properties nearby.
Projected nightly rate is $180/night at 49% occupancy.Projected nightly rate is $220/night at 65% occupancy.

Top 81% of comparables

Top 1% of comparables


Seasonality

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10

Airbnb Comparables

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

$58,386

Avg annual revenue

65%

Avg occupancy rate

$220

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

$20k

$45k

$65k

$90k

Sign up to see the data on 10 all comparables

$29,247

Profit

Revenue

$91,010

Operating Expenses

$25,511

Operating Income

$65,499

Mortgage & Taxes

$36,251

Profit (Cash Flow)

$29,247

$134,102

Cash Investment

Down Payment

$107,480

Renos & Furnishing

$10,500

Closing Costs

$16,122

Total

$134,102

DSCR Ratio

Strong

1.81

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

21.8%

Cap Rate

12.18%

Profit (Cummulative)

$29,247

$429,920

$10,500

$16,122

$0

Total Gain

$50,649

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

$25,506

Deductible property tax

$5,320

Your total deduction

$34,660

Your adjusted annual income

$150,000 - $34,660 = $115,340


Taxes on $115,340 (30%)

$34,602

Your old tax bill

$45,000

Your new tax bill

$34,602


Estimated tax savings

$10,398

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:

29,051 sqft

Year built:

1956

Size:

4,507 sqft

Type:

SFR

Parking:

2

Heating:

FORCED AIR

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
31525 Cheswick Pl432,308-15,5401976$350,000-
5070 Crofton Ave543,151-24,0011991$773,000-
5062 Lansdowne Dr352,948-15,4861979$418,00021
5225 Park Side Trl321,874-17,0001981$0-
30520 Miles Rd432,002-25,6401975$0-
5104 Stansbury Dr332,359-15,6811978$462,00021
31550 Cheswick Pl323,236-14,7731977$375,300152
31475 Cheswick Pl434,092-13,8251977$425,75046
5053 Stansbury Dr434,132-15,6811978$445,900-
5048 Stansbury Dr434,577-13,9391978$500,00032

Property Details

  • MLS Status: property-details-mls-status-sold
  • Property Use: Single Family Residence
  • Stories: 2
  • Lot size: 29,051 sqft
  • Building area: 4,507 sqft
  • Garage: Yes
  • Heating: Forced air
  • Pool: Yes
  • Fireplaces: 0
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: R-1-D
  • Land Use: Residential
  • Parcel Number: 951-42-022
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $111,730
  • County Est. Land Value: $60,500
  • Assessed Land Value: $21,180
  • County Est. Structure Value: $258,700
  • Market Estimate: $509,011


Sale history

DateSale Price% FinancedBuyer
08/03/22$289,85094%Bogdan Kovalov, Yullia Mendaliuk

Ownership

  • Name: Bogdan Kovalov
  • Owner Occupied: Yes
  • Owner Mailing Address: 30320 Miles Rd, Solon, Oh 44139
  • Years Owned: 21
  • Home Equity: $232,300
  • Mortgage Balance Remaining: $32,000
  • Financed amount: 94%
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No