BNBCalc Short Term Rental Investment Analysis 3224 North 6th Street, Sheboygan, WI

4 bed • 2 bath • 12 guests • $348,400

BNB

Calc

Annual Revenue

$59,900

Profit (Cash Flow)

$14,931

Cap Rate

11.0%

Annual Revenue

$59,900

AirDNA projects $264/night at 39% occupancy ($37,605). Airbtics projects $328/night at 50% occupancy ($59,900). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 50% occupancy rate, $328 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$36,638	$58,279	$79,322	$138,885
Occupancy	39%	50%	59%	67%
Nightly Rate	$253	$313	$359	$553

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Pet-Friendly Sheboygan Home, 1 Mi to Lake Michigan	$39,785	$271	36%	4	1	2	$104	❌	❌	✅	Y / Y	⭐️ 5 (35)
Pet friendly, Sheboygan home, in heart of downtown	$34,513	$203	43%	4	2	1	$150	✅	❌	✅	Y / Y	⭐️ 5 (40)
Close to Lake Michigan and downtown Sheboygan	$110,806	$294	100%	4	1.5	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (70)
Grammy’s house in a quiet and convenient location	$36,084	$171	57%	4	1.5	2	$80	❌	❌	❌	Y / Y	⭐️ 5 (54)
LUXE Manor With Modern, Elegant Vibes - 4,500 Sq	$67,413	$224	79%	4	3.5	2	$120	❌	❌	❌	Y / Y	⭐️ 5 (205)
Sheboygan's Great Lake's House	$48,031	$252	51%	4	1.5	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (36)
River Home Getaway with River Access - Sleeps 8	$41,066	$125	87%	4	2	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (294)
A Glorious Getaway Sheboygan - LUX Lake Condo	$51,769	$325	42%	4	3	1	$200	❌	❌	❌	Y / Y	⭐️ 5 (41)
Shoreline Sanctuary - 4 Bedroom Beachfront Condo	$75,179	$358	57%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (37)
Good VIBES On the Third COAST- Pets Welcome	$33,369	$138	63%	4	1	2	$105	❌	❌	✅	Y / Y	⭐️ 5 (126)
Beach condo for 12: 4 bdrms, 2+ baths, treadmill	$60,170	$254	62%	4	2.5	2	$195	❌	❌	❌	Y / Y	⭐️ 5 (38)
Luxury 4B-2Ba Lake & Beach House	$88,727	$336	66%	4	2	1	$200	❌	❌	❌	Y / Y	⭐️ 5 (10)
Luxury Villa on Lake Michigan!	$55,465	$364	41%	4	3	1	$175	❌	❌	❌	Y / Y	⭐️ 5 (14)
Luxury Downtown Sheboygan 4BR- 3 min walk to beach	$135,776	$612	60%	4	2.5	1	$250	❌	❌	❌	Y / Y	⭐️ 5 (3)
Perfect Paradise \| 4BR Lakeview Condo w/ Jacuzzi	$59,922	$302	53%	4	3	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (23)
Lake & Beach House 4B-2Ba 3 blocks from lake 12pp	$44,018	$213	50%	4	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (22)
Beach and golf house	$47,838	$263	49%	4	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (129)
2 Min Walk to Food, 15 to Pier! 4 Bedrooms 2K/2Q	$30,708	$188	43%	4	1.5	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (132)
Edgewater Escapes - 4 bed condo steps to Lake	$51,797	$280	49%	4	3	1	$175	❌	❌	❌	Y / Y	⭐️ 4.2 (13)
Edgewater Escapes - 4 bed condo steps to the lake	$58,299	$282	55%	4	3	2	$175	❌	❌	❌	Y / Y	⭐️ 4.2 (10)
ClaraVida -Bright 4 bed/2 bath	$110,444	$368	82%	4	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (20)
Luxury Lake Front Villa: Sleeps 12!	$43,686	$373	32%	4	3	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (4)
Shore House - 4 bed lakefront condo	$46,334	$367	34%	4	3	2	$175	❌	❌	❌	Y / Y	⭐️ 4.7 (23)
Downtown Sheboygan Apartment w/ Private Deck!	$31,196	$133	59%	4	1	2	$207	❌	❌	✅	Y / Y	⭐️ 4.5 (17)
Luxury Beach Villa - Sleeps 10!	$59,380	$338	48%	4	3	1	$0	❌	❌	❌	Y / N	⭐️ 0 (0)
Vacation Paradise: 4 Bedroom, Sleeps 14!	$66,729	$344	53%	4	3	1	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (6)
'Beautiful Day Getaway' - Lake Michigan Views	$70,456	$550	35%	4	3	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (8)
Spacious Getaway ★ Near Lake & Downtown ★ Garden	$141,795	$587	66%	4	2	5	$0	❌	❌	✅	Y / Y	⭐️ 0 (1)
Shore House - lakefront condo - sleeps 10!	$54,683	$354	41%	4	3	1	$175	❌	❌	❌	Y / Y	⭐️ 4 (19)
Edgewater Escapes. Steps to the beach - sleeps 10!	$57,816	$282	55%	4	3	2	$175	❌	❌	❌	Y / Y	⭐️ 4.7 (40)
Edgewater Escapes - 4 bed condo steps to the lake	$51,900	$296	45%	4	3	2	$175	❌	❌	❌	Y / Y	⭐️ 4 (22)
Sheboygan Home w/ Views of Lake & Lighthouse!	$106,866	$490	57%	4	3.5	2	$129	❌	❌	❌	Y / Y	⭐️ 5 (16)
Downtown Sheboygan House	$65,773	$300	58%	4	2	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (9)
Whistling Pines (9 min. from Whistling Straits)	$176,098	$729	66%	4	2.5	3	$0	✅	❌	❌	Y / Y	⭐️ 5 (4)

Return Metrics

16.47% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$14,931	$29,862	$44,793	$59,724	$74,655	$149,310	$447,931
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$278,720	$278,720	$278,720	$278,720	$278,720	$278,720	$278,720
Down Payment	$69,680	$69,680	$69,680	$69,680	$69,680	$69,680	$69,680
Property Appreciation	$10,452	$21,217	$32,306	$43,727	$55,491	$119,820	$497,258
Total Return	$373,783	$399,479	$425,499	$451,851	$478,546	$617,530	$1,293,589

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

16.47%

Cap Rate

11.03%

Return on Investment

31.78%

3224 N 6th St Sheboygan, Wisconsin, 53083

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,671/mo

Inquire about this property

Contact Agent

$348,400

Zestimate

101

Airbnb Investor Score

$14,931

Annual Profit

11.0%

Cap Rate

16.5%

Cash on Cash

$59,900

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $264/night at 39% occupancy.Projected nightly rate is $328/night at 50% occupancy.

Occupancy Rate

Top 51% 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.

$60,609

Avg annual revenue

50%

Avg occupancy rate

$328

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

$70k

$120k

$175k

$14,931

Profit

Revenue

$59,900

Operating Expenses

$21,467

Operating Income

$38,433

Mortgage & Taxes

$23,502

Profit (Cash Flow)

$14,931

$90,632

Cash Investment

Down Payment

$69,680

Renos & Furnishing

$10,500

Closing Costs

$10,452

Total

$90,632

DSCR Ratio

Strong

1.64

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

16.47%

Cap Rate

11.03%

Return on Investment

31.78%

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

$16,535

Deductible property tax

$3,449

Your total deduction

$21,033

Your adjusted annual income

$150,000 - $21,033 = $128,967

Taxes on $128,967 (30%)

$38,690

Your old tax bill

$45,000

Your new tax bill

$38,690

Estimated tax savings

$6,310

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:

8,712 sqft

Year built:

1947

Size:

1,833 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Natural Gas, Forced Air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 1

Lot size: 8,712 sqft

Building area: 1,833 sqft

Garage: Yes

Heating: Natural gas, forced air

Pool: No

Fireplaces: -

Basement: Yes

Cooling: Central Air

View: Water

Parking: Garage Door Opener, Detached, 2 Car

Amenities: Dishwasher, Freezer, Microwave, Oven, Range, Refrigerator

Price per square foot: $189

Lot Info

Zoning: -

Land Use: -

Parcel Number: 59281012070

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $237,000

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $348,200

Schools

Elementary School: Pigeon River Elementary School with 6/10 star rating
Middle School: Urban Middle School with 3/10 star rating
High School: North High School with 5/10 star rating