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Bedrooms

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Bathrooms

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Max Guests

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Purchase Price


Buy

Buy this property and list it on Airbnb

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List a property you own on Airbnb

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BNBCalc Short Term Rental Investment Analysis 3357 N Clifton Ave apt 1, Chicago, IL 60657, USA

2 bed • 2 bath • 4 guests • $355,000

BNB

Calc

Annual Revenue

$55,634

Profit (Cash Flow)

$10,474

Cap Rate

9.7%

Annual Revenue

$55,634

AirDNA projects $238/night at 64% occupancy ($55,633).

BNB Calc projects a 64% occupancy rate, $238 rate per night.

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


Return Metrics

11.88% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$10,474$20,948$31,423$41,897$52,371$104,743$314,231
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$284,000$284,000$284,000$284,000$284,000$284,000$284,000
Down Payment$71,000$71,000$71,000$71,000$71,000$71,000$71,000
Property Appreciation$10,650$21,619$32,918$44,555$56,542$122,090$506,678
Total Return$376,124$397,568$419,341$441,453$463,914$581,834$1,175,909

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

11.88%

Cap Rate

9.69%

Return on Investment

27.92%

property-location

3357 N Clifton Ave Chicago, Illinois, 60657-2224

2 bed • 2 bath • 4 guests

Est. $1,703/mo

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Market Data

$55,634

Annual Revenue


AirDNA projects $238/night at 64% occupancy ($55,633.96).

Top 101% of comparables

Top 101% of comparables


$10,474

Profit

Revenue

$55,634

Operating Expenses

$21,212

Operating Income

$34,422

Mortgage & Taxes

$23,947

Profit (Cash Flow)

$10,474

$88,150

Cash Investment

Down Payment

$71,000

Renos & Furnishing

$6,500

Closing Costs

$10,650

Total

$88,150

DSCR Ratio

Strong

1.44

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

11.88%

Cap Rate

9.69%

Profit (Cummulative)

$10,474

$284,000

$6,500

$10,650

$0

Total Gain

$24,612

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

$16,849

Deductible property tax

$3,514

Your total deduction

$66,902

Your adjusted annual income

$150,000 - $66,902 = $83,098


Taxes on $83,098 (30%)

$24,929

Your old tax bill

$45,000

Your new tax bill

$24,929


Estimated tax savings

$20,071

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com