BNBCalc Short Term Rental Investment Analysis 316 Parkovash Ave

5 bed • 2 bath • 12 guests • $255,900

BNB

Calc

Annual Revenue

$121,791

Profit (Cash Flow)

$75,016

Cap Rate

36.1%

Annual Revenue

$121,791

AirDNA projects $500/night at 43% occupancy ($78,527). Airbtics projects $741/night at 45% occupancy ($121,790). Airbtics predicts this property will perform in the 92% revenue percentile

BNB Calc projects a 45% occupancy rate, $741 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$84,968	$99,135	$113,457	$120,244
Occupancy	25%	42%	54%	78%
Nightly Rate	$344	$543	$978	$1,182

Seasonality (Profit by Month)

Return Metrics

105.12% 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)	$75,015	$150,031	$225,046	$300,062	$375,078	$750,156	$2,250,468
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$204,720	$204,720	$204,720	$204,720	$204,720	$204,720	$204,720
Down Payment	$51,180	$51,180	$51,180	$51,180	$51,180	$51,180	$51,180
Property Appreciation	$7,677	$15,584	$23,728	$32,117	$40,758	$88,008	$365,236
Total Return	$338,592	$421,515	$504,675	$588,080	$671,736	$1,094,064	$2,871,605

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

105.12%

Cap Rate

36.06%

Return on Investment

119.4%

316 Parkovash Ave South Bend, Indiana, 46617-1028

5 bed • 2 bath • 12 guests

Purchase Price

Est. $1,227/mo

This property is for sale!

Contact Agent

South Bend

Zoning

Laws

$121,791

Annual Revenue

This property is projected to be in the top 92% revenue percentile compared to similar properties nearby.
Projected nightly rate is $500/night at 43% occupancy.Projected nightly rate is $741/night at 45% occupancy.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

$75,016

Profit

Revenue

$121,791

Operating Expenses

$29,513

Operating Income

$92,278

Mortgage & Taxes

$17,262

Profit (Cash Flow)

$75,016

$71,357

Cash Investment

Down Payment

$51,180

Renos & Furnishing

$12,500

Closing Costs

$7,677

Total

$71,357

DSCR Ratio

Strong

5.35

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

105.12%

Cap Rate

36.06%

Return on Investment

119.4%

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

$12,145

Deductible property tax

$2,533

Your total deduction

-$38,361

Your adjusted annual income

$150,000 - -$38,361 = $188,361

Taxes on $188,361 (30%)

$56,508

Your old tax bill

$45,000

Your new tax bill

$56,508

Estimated tax savings

-$11,508

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:

5,680 sqft

Year built:

1923

Size:

3,216 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
1227 Iroquois St	2	1	1,284	-	6,480	1949	$0	18
1519 Elwood Ave	3	1	2,112	-	5,120	1923	$0	128
311 Parkovash Ave	3	1	1,152	-	4,320	1923	$0	-
904 Sancome Ave	3	1	1,248	-	5,360	1922	$52,000	24
410 Peashway St	4	2	1,784	-	5,922	1920	$599,000	-
1131 N Niles Ave	2	1	2,047	-	6,765	1957	$0	41
216 Marquette Ave	4	1	1,586	-	5,760	1905	$0	-
317 Ostemo Pl	2	1	870	-	4,800	1916	$0	42
739 Marquette Ave	3	1	1,424	-	6,000	1947	$0	-
127 E Marion St	5	2	1,920	-	2,530	1911	$0	-

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 1

Lot size: 5,680 sqft

Building area: 3,216 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 0

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 71-08-01-106-001.000-026

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $289,000

County Est. Land Value: $18,600

Assessed Land Value: $18,600

County Est. Structure Value: $270,400

Market Estimate: $274,174

Ownership

Name: Glenn F Chesnut

Owner Occupied: No

Owner Mailing Address: Po Box 328, South Bend, In 46624

Years Owned: 390

Home Equity: $153,550

Mortgage Balance Remaining: $107,750

Financed amount: -

Owner Type: Individual

Lien: N/A

Inherited: N/A

Foreclosure: No