BNBCalc Short Term Rental Investment Analysis 3346 W 97th St

3 bed • 1 bath • 6 guests • $121,800

BNB

Calc

Annual Revenue

$35,063

Profit (Cash Flow)

$8,919

Cap Rate

16.7%

Annual Revenue

$35,063

AirDNA projects $192/night at 43% occupancy ($30,154). Airbtics projects $119/night at 61% occupancy ($26,513). Airbtics predicts this property will perform in the 42% revenue percentile

BNB Calc projects a 50% occupancy rate, $192 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$21,057	$30,071	$34,830	$40,015
Occupancy	43%	59%	68%	93%
Nightly Rate	$109	$128	$133	$135

Seasonality (Profit by Month)

Return Metrics

74.92% 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)	$8,918	$17,837	$26,756	$35,675	$44,594	$89,189	$267,569
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,017	$2,119	$3,312	$4,605	$6,004	$14,951	$121,800
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$3,654	$7,417	$11,294	$15,286	$19,399	$41,889	$173,840
Total Return	$13,590	$27,374	$41,363	$55,568	$69,999	$146,030	$563,209

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

74.92%

Cap Rate

16.74%

Return on Investment

114.16%

3346 W 97th St Cleveland, Ohio, 44102-4717

3 bed • 1 bath • 6 guests

Purchase Price

Est. $584/mo

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Contact Agent

$121,800

Zestimate

Cleveland

Guide

Zoning

Market

Guide

Laws

Market Data

$35,063

Annual Revenue

BNBCalc predicts this property will get $119 per night with 61% occupancy, putting it in the top 42% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 1% of comparables

Seasonality

$8,919

Profit

Revenue

$35,063

Operating Expenses

$14,665

Operating Income

$20,399

Mortgage & Taxes

$11,480

Profit (Cash Flow)

$8,919

$11,904

Cash Investment

Down Payment

Renos & Furnishing

$8,250

Closing Costs

$3,654

Total

$11,904

DSCR Ratio

Strong

1.78

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

74.92%

Cap Rate

16.74%

Return on Investment

114.16%

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

$9,670

Deductible property tax

$755

Your total deduction

$4,651

Your adjusted annual income

$150,000 - $4,651 = $145,349

Taxes on $145,349 (30%)

$43,605

Your old tax bill

$45,000

Your new tax bill

$43,605

Estimated tax savings

$1,395

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:

4,920 sqft

Year built:

1890

Size:

1,680 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
3413 W 99th St	3	1	1,530	-	4,920	1923	$160,000	-
3564 W 99th St	3	1	1,560	-	4,408	1923	$137,500	-
3383 W 98th St	3	1	1,051	-	3,162	1914	$130,000	35
2099 W 106th St	2	1	894	-	2,850	1900	$54,000	-
2159 W 93rd St	3	3	1,744	-	5,227	2006	$180,000	-
3344 W 99th St	4	1	1,104	-	4,200	1910	$145,000	32
3293 W 84th St	3	1	1,078	-	4,356	1910	$130,000	22
3146 W 90th St	4	1	1,467	-	3,535	1900	$67,000	55
2076 W 83rd St	3	1	1,387	-	4,760	1920	$178,000	-
2048 W 105th St	3	1	1,009	-	2,825	1915	$80,000	151

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 2

Lot size: 4,920 sqft

Building area: 1,680 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: 2F

Land Use: Residential

Parcel Number: 017-24-085

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $15,330

County Est. Land Value: $12,600

Assessed Land Value: $4,410

County Est. Structure Value: $31,200

Market Estimate: $140,069

Sale history

Date	Sale Price	% Financed	Buyer
03/09/17	$15,100	0%	Idop Properties Llc

Ownership

Name: Idop Properties Llc

Owner Occupied: No

Owner Mailing Address: 2185 Lewis Dr, Lakewood, Oh 44107

Years Owned: 83

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No