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BNBCalc Short Term Rental Investment Analysis 305 Thompson St, Chattanooga, TN, 37405

2 bed β€’ 1 bath β€’ 6 guests β€’ $362,000

BNB

Calc

Annual Revenue

$43,512

Profit (Cash Flow)

-$4,151

Cap Rate

6.7%

Annual Revenue

$43,512

AirDNA projects $163/night at 62% occupancy ($36,911). Airbtics projects $161/night at 68% occupancy ($39,986). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 62% occupancy rate, $192 rate per night.

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

Percentiles25%50%75%90%
Revenue$28,833$42,989$57,524$69,301
Occupancy59%72%82%85%
Nightly Rate$130$156$179$209

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
Urbane Chattanooga in a nutshell.
$41,659
$144
71%
221$100❌❌❌Y / Y⭐️ 5 (364)
3 blocks to North Chatt to walnut bridge and shops
$39,689
$126
73%
211$75❌❌❌Y / Y⭐️ 4.8 (263)
Northshore Bungalow-Walk to Coolidge Park & Bridge
$45,095
$169
66%
212$95❌❌❌Y / Y⭐️ 5 (189)
North Shore Bungalow with hot tub. Great location
$58,329
$183
84%
213$85βŒβœ…βœ…Y / Y⭐️ 5 (116)
Spacious Apt Near Bridge w/Fast Wifi, Parking
$27,343
$79
83%
212$80❌❌❌Y / Y⭐️ 5 (181)
Bambooga Nooga! Bike to Restaurants & TNAquarium
$33,491
$203
44%
212$95❌❌❌Y / Y⭐️ 5 (172)
Northshore Hideaway 2BR/2Baths
$61,777
$165
95%
2230$135❌❌❌Y / Y⭐️ 5 (15)
Furnished N Chattanooga home
$21,070
$148
36%
211$75βŒβŒβœ…Y / Y⭐️ 4.3 (15)
Charming Chattanooga Home - Bike to Aquarium!
$57,753
$271
57%
212$114❌❌❌Y / Y⭐️ 5 (1)
.5 miles from main attractions in north shore
$37,208
$125
79%
2131$100βŒβŒβœ…Y / Y⭐️ 3.8 (4)

Return Metrics

-13.36% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$4,150-$8,301-$12,451-$16,602-$20,753-$41,506-$124,518
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$4,223$8,706$13,466$18,520$23,886$56,104$343,900
Down Payment$18,100$18,100$18,100$18,100$18,100$18,100$18,100
Property Appreciation$10,860$22,045$33,567$45,434$57,657$124,497$516,669
Total Return$29,032$40,551$52,682$65,452$78,890$157,196$754,150

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-13.36%

Cap Rate

6.67%

Return on Investment

35.19%

property-location

305 Thompson St Chattanooga, Tennessee, 37405-4138

2 bed β€’ 1 bath β€’ 6 guests

Est. $1,736/mo

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Chattanooga

Guide

Zoning

Guide


Laws

$43,512

Annual Revenue

BNBCalc predicts this property will get $161 per night with 68% occupancy, putting it in the top 44% revenue percentile compared to similar properties nearby.

Top 61% of comparables

Top 21% 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.

$42,341

Avg annual revenue

68%

Avg occupancy rate

$161

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$20k

$35k

$50k

$65k

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-$4,151

Profit

Revenue

$43,512

Operating Expenses

$19,337

Operating Income

$24,175

Mortgage & Taxes

$28,326

Profit (Cash Flow)

-$4,151

$31,060

Cash Investment

Down Payment

$18,100

Renos & Furnishing

$2,100

Closing Costs

$10,860

Total

$31,060

DSCR Ratio

Weak

0.85

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-13.36%

Cap Rate

6.67%

Profit (Cummulative)

-$4,151

$4,223

$2,100

$10,860

$0

Total Gain

$10,933

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

$20,402

Deductible property tax

$3,584

Your total deduction

$39,618

Your adjusted annual income

$150,000 - $39,618 = $110,382


Taxes on $110,382 (30%)

$33,115

Your old tax bill

$45,000

Your new tax bill

$33,115


Estimated tax savings

$11,885

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