BNBCalc Short Term Rental Investment Analysis 3048 21st Ave W, Seattle, WA 98199

3 bed • 1 bath • 9 guests • $869,000

BNB

Calc

Annual Revenue

$68,096

Profit (Cash Flow)

-$13,056

Cap Rate

5.2%

Annual Revenue

$68,096

AirDNA projects $236/night at 79% occupancy ($68,096). Airbtics projects $237/night at 75% occupancy ($64,922). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 79% occupancy rate, $236 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$45,058	$64,301	$87,337	$119,971
Occupancy	65%	78%	83%	92%
Nightly Rate	$184	$217	$277	$344

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Modern Magnolia \| Views & HGTV-Worthy Experience	$55,084	$175	86%	3	2	4	$0	❌	❌	❌	Y / Y	⭐️ 5 (136)
Family Friendly 3BR Minutes from Downtown	$44,624	$143	80%	3	2	2	$180	❌	❌	❌	Y / Y	⭐️ 4.9 (73)
Stylish Magnolia Home with Backyard and Nearby Bus	$30,929	$99	81%	3	1	1	$50	❌	❌	❌	Y / Y	⭐️ 4.8 (680)
Modern townhouse atop the Magnolia hills	$70,113	$218	87%	3	4	3	$160	❌	❌	❌	Y / Y	⭐️ 5 (157)
Sleek Seattle Home w/ Rooftop Patio & Views!	$60,847	$234	68%	3	3	2	$196	❌	❌	❌	Y / Y	⭐️ 4.8 (13)
Magnolia Cozy 3bd retreat, perfect for family!	$58,467	$192	80%	3	3	1	$130	❌	❌	✅	Y / Y	⭐️ 5 (120)
Lovely Magnolia Home	$101,214	$298	92%	3	4	2	$160	❌	❌	✅	Y / Y	⭐️ 4.9 (107)
3b3b Beautiful House/1 min to Discovery Park	$116,101	$323	91%	3	3	30	$300	❌	❌	❌	Y / Y	⭐️ 5 (3)
Gorgeous Home At The Center of Everything	$40,726	$121	82%	3	4	1	$225	❌	❌	❌	Y / Y	⭐️ 4.9 (227)
Seattle Vacation Home: Magnolia home with a beautiful view!	$48,597	$326	40%	3	2	1	$200	❌	❌	❌	Y / Y	⭐️ 4.7 (25)
Sunny Patio & Park Views - Two Seasons Townhome	$85,853	$226	100%	3	2	3	$240	❌	❌	❌	Y / Y	⭐️ 5 (10)
Comfort and Grace Perched on Queen Anne Hill	$56,599	$225	65%	3	3	1	$188	❌	❌	✅	Y / Y	⭐️ 4.8 (427)
Walkable Seattle Townhome < 1 Mi to Woodland Park	$148,962	$610	65%	3	3	2	$196	❌	❌	❌	Y / Y	⭐️ 4.9 (63)
Modern 3BR in the Heart of Ballard \| Private Patio	$67,685	$217	83%	3	3	1	$180	❌	❌	✅	Y / Y	⭐️ 4.9 (64)
Fremont 3 Bed 3 Bath Townhome with Private Patio	$44,501	$206	57%	3	3	3	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (64)
3b2.5b Spectacular Spot @Fremont /central location	$35,388	$102	76%	3	3	1	$230	❌	❌	❌	Y / Y	⭐️ 4.9 (84)
SPECTACULAR PUGET SOUND VIEWS	$59,412	$360	44%	3	2	2	$165	❌	❌	❌	Y / Y	⭐️ 4.8 (158)
Walk to Space Needle Vintage View with King Bed	$60,732	$171	93%	3	1	1	$145	❌	❌	❌	Y / Y	⭐️ 4.9 (751)
Brand New 3BR Retreat \| Sauna \| Private Rooftop	$64,939	$223	75%	3	2	1	$180	❌	❌	❌	Y / Y	⭐️ 4.9 (58)
Magnolia on the Hill	$63,075	$211	76%	3	2	1	$250	❌	❌	✅	Y / Y	⭐️ 4.6 (28)
Beautiful Queen Anne Townhome!	$66,481	$193	93%	3	2	2	$119	❌	❌	❌	Y / Y	⭐️ 4.8 (53)
New & Modern 3BR! PetFriendly! Mins to Lake Union!	$78,878	$251	83%	3	2	1	$160	❌	❌	✅	Y / Y	⭐️ 5 (136)
Modern Luxury Water View: 7 min to Cruise/Downtown	$63,431	$296	55%	3	3	1	$250	❌	❌	❌	Y / Y	⭐️ 4.8 (294)
Modern Home in the Heart of Fremont, Rooftop Views	$109,080	$357	81%	3	3	2	$185	❌	❌	❌	Y / Y	⭐️ 5 (66)
Local Treasure Townhome - 15min to Downtown	$121,973	$343	95%	3	2	3	$225	❌	❌	❌	Y / Y	⭐️ 5 (1)
Modern Home Near Ballard Locks w/Patio & Parking!	$56,706	$214	70%	3	3	2	$190	❌	❌	✅	Y / Y	⭐️ 5 (43)
Sunset views with private terrace on Queen Anne	$45,240	$174	64%	3	3	2	$309	❌	❌	❌	Y / Y	⭐️ 5 (91)
Scandinavian Queen Anne Home	$47,491	$187	69%	3	1	2	$40	❌	❌	❌	Y / Y	⭐️ 4.8 (154)
Villa Discovery next to Discovery Park	$71,753	$221	87%	3	2	2	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (26)
Spacious 3BR/3.5BA\|Lake Union\|Walk Score 94\|Garage	$52,171	$176	76%	3	4	1	$170	❌	❌	❌	Y / Y	⭐️ 4.8 (59)
Heart of Queen Anne\|Spacious & Cozy 3BR/2BA Home	$52,938	$173	80%	3	2	1	$170	❌	❌	✅	Y / Y	⭐️ 4.9 (115)
Stylish 3b1.5b House Minutes from Seattle Downtown	$80,744	$246	82%	3	2	1	$200	❌	❌	❌	Y / Y	⭐️ 5 (26)
3 Bedroom, Modern family city home...	$88,710	$364	66%	3	3	2	$325	❌	❌	✅	Y / Y	⭐️ 5 (44)
Roots at the Center of the Universe	$46,288	$207	60%	3	1	2	$115	❌	❌	✅	Y / Y	⭐️ 4.8 (162)
NEW! 3BR Great Location Queen Anne W/Rooftop	$65,616	$275	64%	3	3	3	$140	❌	❌	❌	Y / Y	⭐️ 4.8 (61)
Ballard Birdhouse - 93 Walking Score/Garage/AC/Gym	$58,711	$206	75%	3	2	2	$180	❌	❌	❌	Y / Y	⭐️ 5 (137)
3b2.5b Fremont Gem w/ Seattle Skyline & Lake View	$97,016	$286	88%	3	3	1	$225	❌	❌	❌	Y / Y	⭐️ 5 (110)
Stunning Queen Anne House w/ Private Patio!	$45,188	$174	66%	3	2	2	$207	❌	❌	❌	Y / Y	⭐️ 4.8 (58)
Seattle Getaway	$54,827	$273	54%	3	2	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (317)
Modern Urban 3BR with Rooftop view & Parking & AC	$58,435	$190	80%	3	2	1	$170	❌	❌	✅	Y / Y	⭐️ 5 (82)

Return Metrics

-6.27% 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)	-$13,056	-$26,112	-$39,169	-$52,225	-$65,282	-$130,564	-$391,692
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$695,200	$695,200	$695,200	$695,200	$695,200	$695,200	$695,200
Down Payment	$173,800	$173,800	$173,800	$173,800	$173,800	$173,800	$173,800
Property Appreciation	$26,070	$52,922	$80,579	$109,067	$138,409	$298,863	$1,240,291
Total Return	$882,013	$895,809	$910,410	$925,841	$942,127	$1,037,299	$1,717,598

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-6.27%

Cap Rate

5.24%

Return on Investment

10.35%

3048 21st Ave W Seattle, WA, 98199

3 bed • 1 bath • 9 guests

Purchase Price

Est. $4,168/mo

This property is for sale!

Contact Agent

Seattle

Guide

Zoning

Market

Guide

Laws

Market Data

-13

Airbnb Investor Score

-$13,056

Annual Profit

5.2%

Cap Rate

-6.3%

Cash on Cash

$68,096

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $236/night at 79% occupancy.Projected nightly rate is $237/night at 75% occupancy.

Occupancy Rate

Top 48% of comparables

Avg Daily Rate

Top 36% of comparables

Seasonality

40 Airbnb Comparables

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

$66,888

Avg annual revenue

75%

Avg occupancy rate

$237

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

$70k

$110k

$150k

-$13,056

Profit

Revenue

$68,096

Operating Expenses

$22,532

Operating Income

$45,564

Mortgage & Taxes

$58,620

Profit (Cash Flow)

-$13,056

$208,120

Cash Investment

Down Payment

$173,800

Renos & Furnishing

$8,250

Closing Costs

$26,070

Total

$208,120

DSCR Ratio

Weak

0.78

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-6.27%

Cap Rate

5.24%

Return on Investment

10.35%

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

$41,244

Deductible property tax

$8,603

Your total deduction

$100,285

Your adjusted annual income

$150,000 - $100,285 = $49,715

Taxes on $49,715 (30%)

$14,914

Your old tax bill

$45,000

Your new tax bill

$14,914

Estimated tax savings

$30,086

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:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: Yes

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -