BNBCalc Short Term Rental Investment Analysis 31815 Lake Rd, Avon Lake, OH

4 bed • 5 bath • 12 guests • $875,000

BNB

Calc

Annual Revenue

$40,462

Profit (Cash Flow)

-$37,503

Cap Rate

2.5%

Annual Revenue

$40,462

AirDNA projects $408/night at 50% occupancy ($74,509). Airbtics projects $191/night at 58% occupancy ($40,461). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 58% occupancy rate, $191 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$27,122	$42,405	$60,930	$74,631
Occupancy	51%	59%	68%	72%
Nightly Rate	$139	$187	$234	$271

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Avon - 4 Bedroom Remodeled Home on Private 1 ACRE	$46,557	$178	68%	4	1.5	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (41)
Your own suburban oasis on Cleveland's West Side	$84,082	$319	71%	4	2.5	2	$195	✅	❌	✅	Y / Y	⭐️ 5 (75)
Peaceful Comfy Oasis	$27,356	$205	35%	4	1.5	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (29)
Avon Lake Homestead	$66,765	$287	61%	4	1	2	$173	❌	❌	✅	Y / Y	⭐️ 4.5 (18)
West End Retreat - Bright 4 Bedroom 2 Bath House	$52,033	$248	56%	4	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (86)
Inn Lakewood	$39,680	$210	51%	4	2	2	$80	❌	❌	✅	Y / Y	⭐️ 5 (36)
NEAR Ohio City,Downtown,Tremont,Cavs,Browns,Clinic	$30,173	$136	58%	4	2.5	1	$100	❌	❌	❌	Y / Y	⭐️ 4.5 (28)
Cleveland Coffee House	$34,199	$251	36%	4	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (78)
Cozy Chic Lakewood Home	$50,603	$223	62%	4	1.5	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (84)
Spacious 4BR Lakewood Home, Near Cleveland	$53,163	$234	58%	4	2	1	$120	❌	❌	✅	Y / Y	⭐️ 5 (12)
Lakewood Entire Home! Sleeps 10!	$58,920	$219	70%	4	2	1	$165	❌	❌	❌	Y / Y	⭐️ 5 (37)
Near CLE*BW - Modern, Walkout Basement, Firepit	$43,333	$185	60%	4	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (64)
The Disney House in Cleveland plus Game Room!	$30,804	$113	68%	4	2.5	1	$99	❌	❌	❌	Y / Y	⭐️ 4.5 (12)
Chic Modern \| Sleeps 8 \| Walk to Lake, Bars & Eats	$35,488	$236	39%	4	1	2	$199	❌	❌	❌	Y / Y	⭐️ 5 (29)
Large 4 Bedroom Renovated With Hot Tub & Game Room	$55,271	$192	75%	4	1.5	2	$134	❌	❌	✅	Y / Y	⭐️ 5 (74)
Lake Front House with Sunsets for Days.	$60,640	$218	73%	4	1.5	3	$125	✅	❌	❌	Y / Y	⭐️ 5 (75)
Disney House in Cleveland AND Game Room!	$31,829	$115	69%	4	2.5	1	$99	❌	❌	❌	Y / Y	⭐️ 5 (16)
Spacious 4-Bed Home in Berea	$47,147	$184	67%	4	2	2	$134	❌	❌	✅	Y / Y	⭐️ 5 (78)
Leisure Guest House w/Game Room	$28,706	$123	62%	4	3	1	$65	✅	❌	✅	Y / Y	⭐️ 4.2 (117)
A Beach Cottage	$29,207	$140	55%	4	2.5	2	$100	❌	❌	✅	Y / Y	⭐️ 4.5 (162)
Power Farmhouse	$42,472	$271	41%	4	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (27)
Charming Family Home/Pet Friendly/Near Hospital	$41,003	$150	72%	4	2	1	$75	❌	❌	✅	Y / Y	⭐️ 5 (58)
Modern Luxury Home Dog Friendly	$52,119	$267	51%	4	2.5	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (37)
Sweet Dreams @ Kamms Corner - 4 bed + Den by Parks	$29,117	$210	35%	4	3	2	$170	❌	❌	✅	Y / Y	⭐️ 5 (59)
Fun Modern 4 beds Single Family	$30,476	$119	62%	4	2.5	1	$99	✅	❌	❌	Y / Y	⭐️ 4.5 (20)
Avon Lake 4BR Beach Cottage with Lake Erie Access	$47,731	$189	69%	4	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (9)
Large 4 Bedroom Recently Renovated W/ Hot Tub!	$78,325	$280	73%	4	2	1	$141	❌	✅	✅	Y / Y	⭐️ 5 (23)
Spacious Cleveland Home with Arcade Games	$30,967	$150	52%	4	2	1	$134	❌	❌	✅	Y / Y	⭐️ 5 (118)
Spice of Life: CLE Oasis	$35,067	$128	71%	4	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (59)
Chic Family Retreat in Cleveland	$36,350	$159	59%	4	2	2	$134	❌	❌	✅	Y / Y	⭐️ 5 (94)
Believeland Bungalow-Bball Hoop/Office/5 min to DT	$42,054	$140	74%	4	3	1	$125	❌	❌	✅	Y / Y	⭐️ 5 (81)
OhioCity, Zoo,Westside Market,Downtown,Rock Hall	$37,956	$189	52%	4	2	1	$110	❌	❌	✅	Y / Y	⭐️ 4.5 (152)
The House Hotels-5 Mins from Downtown-W45th1 Lower	$17,643	$130	35%	4	2	1	$90	❌	❌	✅	Y / Y	⭐️ 4.5 (95)
The House Hotels - Huge Ohio City District Home - 5 Minutes from Downtown - W45th2 Upper	$23,776	$117	53%	4	2	1	$90	❌	❌	✅	Y / Y	⭐️ 4.8 (63)
Bright Parma Home w/ Outdoor Space < 10 Mi to Dtwn	$31,167	$162	49%	4	2	2	$124	❌	❌	❌	Y / Y	⭐️ 5 (42)
Historical Ohio City House w/ back Farmhouse unit!	$52,566	$267	51%	4	1	1	$160	❌	❌	✅	Y / Y	⭐️ 5 (4)
The Bamboo Haus - Mid Century Home in Ohio City	$63,224	$317	54%	4	3	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (138)
Nest On Vestry- CLE Themed - Unbeatable Proximity	$31,475	$126	61%	4	2.5	1	$145	✅	❌	✅	Y / Y	⭐️ 5 (283)
Classic stay 4	$29,034	$113	59%	4	2	1	$140	❌	❌	✅	Y / Y	⭐️ 5 (83)
Luxury 4 Bed, 3 Bath Home in Prime Ohio City	$34,366	$160	58%	4	3	2	$80	❌	❌	✅	Y / Y	⭐️ 5 (245)

Return Metrics

-17.64% 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)	-$37,503	-$75,006	-$112,509	-$150,012	-$187,515	-$375,030	-$1,125,091
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$700,000	$700,000	$700,000	$700,000	$700,000	$700,000	$700,000
Down Payment	$175,000	$175,000	$175,000	$175,000	$175,000	$175,000	$175,000
Property Appreciation	$26,250	$53,287	$81,136	$109,820	$139,364	$300,926	$1,248,854
Total Return	$863,746	$853,281	$843,627	$834,808	$826,849	$800,896	$998,763

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-17.64%

Cap Rate

2.45%

Return on Investment

-1.25%

31815 Lake Rd Avon Lake, Ohio, 44012

4 bed • 5 bath • 12 guests

Purchase Price

Est. $4,197/mo

Inquire about this property

Contact Agent

-68

Airbnb Investor Score

-$37,503

Annual Profit

2.5%

Cap Rate

-17.6%

Cash on Cash

$40,462

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $408/night at 50% occupancy.Projected nightly rate is $191/night at 58% occupancy.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 44% of comparables

Seasonality

40 Airbnb Comparables

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

$42,321

Avg annual revenue

58%

Avg occupancy rate

$191

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

$15k

$40k

$60k

$85k

-$37,503

Profit

Revenue

$40,462

Operating Expenses

$18,940

Operating Income

$21,522

Mortgage & Taxes

$59,025

Profit (Cash Flow)

-$37,503

$212,500

Cash Investment

Down Payment

$175,000

Renos & Furnishing

$11,250

Closing Costs

$26,250

Total

$212,500

DSCR Ratio

Weak

0.36

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-17.64%

Cap Rate

2.45%

Return on Investment

-1.25%

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

$41,528

Deductible property tax

$8,663

Your total deduction

$125,740

Your adjusted annual income

$150,000 - $125,740 = $24,260

Taxes on $24,260 (30%)

$7,278

Your old tax bill

$45,000

Your new tax bill

$7,278

Estimated tax savings

$37,722

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:

0.44 sqft

Year built:

1965

Size:

4,557 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air, Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 2

Lot size: 0.44 sqft

Building area: 4,557 sqft

Garage: Yes

Heating: Forced air, gas

Pool: Yes

Fireplaces: 1

Basement: Yes

Cooling: Central Air, Ceiling Fan(s)

View: -

Parking: Attached, Circular Driveway, Garage Faces Front, Garage, Garage Door Opener

Amenities: Dryer, Dishwasher, Range, Refrigerator, Washer

Price per square foot: $192

Lot Info

Zoning: -

Land Use: -

Parcel Number: 0400030112017

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $478,230

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

High School: Avon Lake High School with 7/10 star rating