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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}

Percentiles25%50%75%90%
Revenue$27,122$42,405$60,930$74,631
Occupancy51%59%68%72%
Nightly Rate$139$187$234$271

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

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%
41.52$125❌❌✅Y / Y⭐️ 5 (41)
Your own suburban oasis on Cleveland's West Side
$84,082
$319
71%
42.52$195✅❌✅Y / Y⭐️ 5 (75)
Peaceful Comfy Oasis
$27,356
$205
35%
41.52$90❌❌❌Y / Y⭐️ 5 (29)
Avon Lake Homestead
$66,765
$287
61%
412$173❌❌✅Y / Y⭐️ 4.5 (18)
West End Retreat - Bright 4 Bedroom 2 Bath House
$52,033
$248
56%
422$200❌❌❌Y / Y⭐️ 5 (86)
Inn Lakewood
$39,680
$210
51%
422$80❌❌✅Y / Y⭐️ 5 (36)
NEAR Ohio City,Downtown,Tremont,Cavs,Browns,Clinic
$30,173
$136
58%
42.51$100❌❌❌Y / Y⭐️ 4.5 (28)
Cleveland Coffee House
$34,199
$251
36%
412$125❌❌❌Y / Y⭐️ 5 (78)
Cozy Chic Lakewood Home
$50,603
$223
62%
41.51$0❌❌✅Y / Y⭐️ 5 (84)
Spacious 4BR Lakewood Home, Near Cleveland
$53,163
$234
58%
421$120❌❌✅Y / Y⭐️ 5 (12)
Lakewood Entire Home! Sleeps 10!
$58,920
$219
70%
421$165❌❌❌Y / Y⭐️ 5 (37)
Near CLE*BW - Modern, Walkout Basement, Firepit
$43,333
$185
60%
421$150❌❌✅Y / Y⭐️ 5 (64)
The Disney House in Cleveland plus Game Room!
$30,804
$113
68%
42.51$99❌❌❌Y / Y⭐️ 4.5 (12)
Chic Modern | Sleeps 8 | Walk to Lake, Bars & Eats
$35,488
$236
39%
412$199❌❌❌Y / Y⭐️ 5 (29)
Large 4 Bedroom Renovated With Hot Tub & Game Room
$55,271
$192
75%
41.52$134❌❌✅Y / Y⭐️ 5 (74)
Lake Front House with Sunsets for Days.
$60,640
$218
73%
41.53$125✅❌❌Y / Y⭐️ 5 (75)
Disney House in Cleveland AND Game Room!
$31,829
$115
69%
42.51$99❌❌❌Y / Y⭐️ 5 (16)
Spacious 4-Bed Home in Berea
$47,147
$184
67%
422$134❌❌✅Y / Y⭐️ 5 (78)
Leisure Guest House w/Game Room
$28,706
$123
62%
431$65✅❌✅Y / Y⭐️ 4.2 (117)
A Beach Cottage
$29,207
$140
55%
42.52$100❌❌✅Y / Y⭐️ 4.5 (162)
Power Farmhouse
$42,472
$271
41%
421$150❌❌✅Y / Y⭐️ 5 (27)
Charming Family Home/Pet Friendly/Near Hospital
$41,003
$150
72%
421$75❌❌✅Y / Y⭐️ 5 (58)
Modern Luxury Home Dog Friendly
$52,119
$267
51%
42.51$150❌❌✅Y / Y⭐️ 5 (37)
Sweet Dreams @ Kamms Corner - 4 bed + Den by Parks
$29,117
$210
35%
432$170❌❌✅Y / Y⭐️ 5 (59)
Fun Modern 4 beds Single Family
$30,476
$119
62%
42.51$99✅❌❌Y / Y⭐️ 4.5 (20)
Avon Lake 4BR Beach Cottage with Lake Erie Access
$47,731
$189
69%
422$0❌❌✅Y / Y⭐️ 5 (9)
Large 4 Bedroom Recently Renovated W/ Hot Tub!
$78,325
$280
73%
421$141❌✅✅Y / Y⭐️ 5 (23)
Spacious Cleveland Home with Arcade Games
$30,967
$150
52%
421$134❌❌✅Y / Y⭐️ 5 (118)
Spice of Life: CLE Oasis
$35,067
$128
71%
422$100❌❌❌Y / Y⭐️ 5 (59)
Chic Family Retreat in Cleveland
$36,350
$159
59%
422$134❌❌✅Y / Y⭐️ 5 (94)
Believeland Bungalow-Bball Hoop/Office/5 min to DT
$42,054
$140
74%
431$125❌❌✅Y / Y⭐️ 5 (81)
OhioCity, Zoo,Westside Market,Downtown,Rock Hall
$37,956
$189
52%
421$110❌❌✅Y / Y⭐️ 4.5 (152)
The House Hotels-5 Mins from Downtown-W45th1 Lower
$17,643
$130
35%
421$90❌❌✅Y / Y⭐️ 4.5 (95)
The House Hotels - Huge Ohio City District Home - 5 Minutes from Downtown - W45th2 Upper
$23,776
$117
53%
421$90❌❌✅Y / Y⭐️ 4.8 (63)
Bright Parma Home w/ Outdoor Space < 10 Mi to Dtwn
$31,167
$162
49%
422$124❌❌❌Y / Y⭐️ 5 (42)
Historical Ohio City House w/ back Farmhouse unit!
$52,566
$267
51%
411$160❌❌✅Y / Y⭐️ 5 (4)
The Bamboo Haus - Mid Century Home in Ohio City
$63,224
$317
54%
432$95❌❌❌Y / Y⭐️ 5 (138)
Nest On Vestry- CLE Themed - Unbeatable Proximity
$31,475
$126
61%
42.51$145✅❌✅Y / Y⭐️ 5 (283)
Classic stay 4
$29,034
$113
59%
421$140❌❌✅Y / Y⭐️ 5 (83)
Luxury 4 Bed, 3 Bath Home in Prime Ohio City
$34,366
$160
58%
432$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

Y1Y2Y3Y4Y5Y10Y30
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:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-17.64%

Cap Rate

2.45%

Return on Investment

-1.25%

property-location

31815 Lake Rd Avon Lake, Ohio, 44012

4 bed • 5 bath • 12 guests

Est. $4,197/mo

Agent

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.

Top 58% of comparables

Top 44% of comparables


Seasonality

Sign up to view the full seasonality chart

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

Sign up to see the data on 40 all comparables

-$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

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-17.64%

Cap Rate

2.45%

Profit (Cummulative)

-$37,503

$700,000

$11,250

$26,250

$0

Total Gain

-$2,657

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:

2

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