BNBCalc Short Term Rental Investment Analysis 310 Midway Dr, Highland Lakes, NJ

3 bed • 1 bath • 9 guests • $299,000

BNB

Calc

Annual Revenue

$75,606

Profit (Cash Flow)

$24,740

Cap Rate

15.0%

Annual Revenue

$75,606

AirDNA projects $338/night at 54% occupancy ($66,664). Airbtics projects $294/night at 56% occupancy ($60,133). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 69% occupancy rate, $300 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$33,773	$56,660	$82,437	$134,467
Occupancy	42%	55%	69%	83%
Nightly Rate	$212	$272	$315	$429

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Highland Bluffs Lake House, 50 miles from NYC	$60,513	$425	37%	3	2	2	$180	❌	❌	❌	Y / Y	⭐️ 5 (32)
Contemporary Cottage less than an hour from NYC!	$59,503	$242	65%	3	2	5	$175	❌	❌	✅	Y / Y	⭐️ 5 (64)
The Mountaintop Lakehouse that Time Forgot.	$87,529	$359	66%	3	2	2	$115	❌	✅	✅	Y / Y	⭐️ 5 (312)
The Cozy Cabin at Highland Lakes	$44,453	$211	56%	3	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (35)
Fenced Yard Private Lakes 7 Beaches Huge Fire Pit	$53,484	$172	84%	3	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (161)
Lakefront Home + Beach/Ski/Golf near NYC	$120,464	$466	69%	3	2	2	$197	❌	❌	❌	Y / Y	⭐️ 5 (152)
Waterfront Highland Lake Home w/ Deck + Dock	$72,289	$315	59%	3	2	3	$186	❌	❌	❌	Y / Y	⭐️ 4.5 (44)
Peaceful Nature Retreat w/ Sunset Views	$89,155	$284	83%	3	2.5	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (114)
On The Rocks In The Hot Tub	$87,261	$300	77%	3	2.5	1	$150	✅	✅	✅	Y / Y	⭐️ 5 (140)
Perfect Getaway for Every Season! 1 hr from NYC	$79,594	$298	72%	3	2	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (72)
All year cabin escape from NYC - near Mt. Creek!	$71,942	$264	69%	3	1	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (110)
Check-In Early & Stay Late! More Time For Memories	$34,368	$136	66%	3	1	3	$100	❌	❌	✅	Y / Y	⭐️ 5 (48)
Mtn front Views Ski-In/Out Pool Hot Tub #246/248	$61,618	$395	40%	3	3	1	$210	✅	✅	❌	Y / Y	⭐️ 5 (13)
The Mountain House - Family Fun All Year Long	$42,828	$271	42%	3	2	2	$195	❌	❌	❌	Y / Y	⭐️ 5 (28)
3 Floor Ski House - Game Room/Hiking/BBQ/Pools	$47,242	$245	48%	3	3	1	$150	✅	✅	❌	Y / Y	⭐️ 4.8 (100)
Red Lodge Chalet - Ski on Ski off / 3 Bedroom	$33,929	$208	43%	3	2	2	$85	✅	✅	❌	Y / Y	⭐️ 4.5 (131)
Mountain Creek Townhouse	$34,440	$102	85%	3	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (68)
Vernon Township Condo Near Golfing + Skiing!	$31,824	$188	44%	3	2	2	$129	❌	❌	❌	Y / Y	⭐️ 5 (47)
Top Pick-walk to SPA & dining, golf, modern, clean	$41,195	$267	41%	3	2	1	$75	❌	❌	✅	Y / Y	⭐️ 5 (72)
Gorgeous Vernon Township Condo w/ Balcony!	$31,931	$222	37%	3	2	2	$207	❌	❌	❌	Y / Y	⭐️ 4.5 (33)
Luxury Vernon Condo: Golf Views & Whirlpool Suite	$70,944	$227	83%	3	2.5	2	$165	❌	✅	❌	Y / Y	⭐️ 5 (61)
Luxe 10 guest Ski Cabin Pools/Golf/Tennis/Gym/Hike	$53,772	$272	51%	3	2	1	$150	✅	✅	❌	Y / Y	⭐️ 5 (251)
Peaceful Lake Front Log Cabin- Sleeps 7 in 3 rooms	$67,416	$272	65%	3	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (155)
Hidden cat lake house	$101,902	$343	79%	3	2	2	$170	❌	✅	❌	Y / Y	⭐️ 5 (49)
Modern Vernon Township Condo Near Ski & Water Park	$105,868	$308	91%	3	2	2	$181	❌	❌	❌	Y / Y	⭐️ 5 (17)
Mountain Creek Ski Resort Hot Tub WiFi 11	$54,263	$298	48%	3	2	1	$135	✅	✅	❌	Y / Y	⭐️ 5 (56)
Lakefront, Indoor Hot Tub, Snow Sports, 1 hr NYC	$56,281	$318	46%	3	3	2	$160	❌	✅	✅	Y / Y	⭐️ 5 (105)
Pet friendly, Cozy and Glam Condo w/Mountain Views	$56,862	$213	71%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (85)
Vernon Township Condo w/ Mountain Views!	$43,617	$196	55%	3	2	2	$207	❌	❌	❌	N / Y	⭐️ 5 (51)
Beautiful 3 Bedroom Scenic Mountain Retreat!	$41,626	$184	60%	3	2	2	$159	❌	❌	❌	Y / Y	⭐️ 5 (91)
Warwick Fall Family Getaway in Renovated Barn	$102,770	$360	77%	3	2.5	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (53)
Mountain Creek : Ski & stay w/hot tub & cozy fire	$37,798	$272	33%	3	1.5	2	$250	✅	✅	❌	Y / Y	⭐️ 5 (40)
Stunning Lakefront Dream Home!	$111,162	$469	61%	3	2.5	2	$200	✅	✅	✅	Y / Y	⭐️ 5 (32)
Stylish 3-Bedroom Home in the Village of Warwick	$34,243	$287	31%	3	1.5	2	$140	❌	❌	❌	Y / Y	⭐️ 5 (63)
The Lakehouse at Highland Lakes	$22,223	$190	30%	3	1	2	$150	❌	❌	✅	N / Y	⭐️ 5 (16)
Peaceful Retreat Townhouse!	$30,844	$188	42%	3	2	2	$60	❌	❌	❌	Y / N	⭐️ 5 (14)
Parrots Cage Across Mountain Creek, Relaxing,Hikin	$98,842	$721	37%	3	2	1	$100	✅	✅	❌	Y / Y	⭐️ 4.5 (29)
Mountain Creek, Vernon, NJ - 3 Bedroom Condo	$52,784	$261	54%	3	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (53)
Mid-Century Lakefront Country Cabin	$56,321	$312	46%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (23)
NEW BEST Ski House on Slope w/hot tub	$93,895	$722	35%	3	3.5	1	$69	❌	✅	✅	Y / Y	⭐️ 5 (27)

Return Metrics

32.12% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$24,739	$49,479	$74,219	$98,959	$123,699	$247,398	$742,194
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$239,200	$239,200	$239,200	$239,200	$239,200	$239,200	$239,200
Down Payment	$59,800	$59,800	$59,800	$59,800	$59,800	$59,800	$59,800
Property Appreciation	$8,970	$18,209	$27,725	$37,527	$47,622	$102,830	$426,751
Total Return	$332,709	$366,688	$400,944	$435,486	$470,322	$649,229	$1,467,946

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

32.12%

Cap Rate

15.01%

Return on Investment

47.58%

310 Midway Dr Vernon Township, New Jersey, 07422

3 bed • 1 bath • 9 guests

Purchase Price

$303,000

Zestimate

178

Airbnb Investor Score

$24,739

Annual Profit

15.0%

Cap Rate

32.1%

Cash on Cash

$75,606

Annual Revenue

BNBCalc predicts this property will get $294 per night with 56% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 28% of comparables

Avg Daily Rate

Top 33% of comparables

Seasonality

40 Airbnb Comparables

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

$61,974

Avg annual revenue

56%

Avg occupancy rate

$294

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

$55k

$85k

$120k

$24,740

Profit

Revenue

$75,606

Operating Expenses

$30,696

Operating Income

$44,909

Mortgage & Taxes

$20,170

Profit (Cash Flow)

$24,740

$77,020

Cash Investment

Down Payment

$59,800

Renos & Furnishing

$8,250

Closing Costs

$8,970

Total

$77,020

DSCR Ratio

Strong

2.23

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

32.12%

Cap Rate

15.01%

Return on Investment

47.58%

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

$14,191

Deductible property tax

$2,960

Your total deduction

$6,020

Your adjusted annual income

$150,000 - $6,020 = $143,980

Taxes on $143,980 (30%)

$43,194

Your old tax bill

$45,000

Your new tax bill

$43,194

Estimated tax savings

$1,806

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:

7,840 sqft

Year built:

1962

Size:

1,160 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

1 Unit, Baseboard - Hotwater

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 7,840 sqft

Building area: 1,160 sqft

Garage: No

Heating: 1 unit, baseboard - hotwater

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: Ceiling Fan(s)

View: -

Parking: 2 Car Width

Amenities: Carbon Monoxide Detector, Microwave, Range/Oven-Electric, Refrigerator, Oil Water Heater

Price per square foot: $259

Lot Info

Zoning: -

Land Use: -

Parcel Number: 2822004780000000220000

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $285,800

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $301,200

Schools

Middle School: Glen Meadow Middle School with 4/10 star rating
High School: Vernon Twp High School with 5/10 star rating