BNBCalc Short Term Rental Investment Analysis 3421 Fremont Ave S, Minneapolis, MN 55408

3 bed • 1 bath • 9 guests • $525,000

BNB

Calc

Annual Revenue

$48,212

Profit (Cash Flow)

-$7,150

Cap Rate

5.4%

Annual Revenue

$48,212

AirDNA projects $262/night at 47% occupancy ($44,976). Airbtics projects $200/night at 66% occupancy ($48,212). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 66% occupancy rate, $200 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$35,652	$45,514	$72,858	$95,431
Occupancy	60%	63%	75%	82%
Nightly Rate	$151	$180	$244	$290

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Twin City Terrace Upper Duplex \| Bde Maka Ska	$39,496	$136	63%	3	1	1	$229	❌	❌	❌	Y / Y	⭐️ 5 (4)
Classic Uptown 3BR!! Steps to lake, near downtown!	$39,339	$160	59%	3	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (140)
Trendy and Stylish 3BR Uptown Duplex with Balcony.	$30,163	$188	39%	3	1	2	$150	❌	❌	✅	Y / Y	⭐️ 4.5 (39)
MINNeSTAY* Lyndale Church Lodge \| Unique \|	$79,410	$290	63%	3	3	1	$299	❌	❌	✅	Y / Y	⭐️ 5 (29)
Bright, clean 3 bedroom upper level apartment.	$34,420	$144	65%	3	1	2	$120	❌	❌	❌	Y / Y	⭐️ 5 (16)
Historic Mpls. Home Walking Distance to Lakes	$84,180	$250	92%	3	2	7	$0	❌	❌	❌	Y / Y	⭐️ 5 (8)
Historical HomeTrendy Lakes Area- 3 Brd 1 &1/2 Bth	$48,077	$149	81%	3	2	1	$160	❌	❌	✅	Y / Y	⭐️ 5 (31)
Spacious Uptown Home~Steps to Shops, Beach & Cafes	$51,602	$228	55%	3	2	2	$150	❌	❌	✅	N / Y	⭐️ 4.9 (56)
Bright, Sunny & Spacious! Lakes District Duplex	$42,684	$172	64%	3	1	21	$195	❌	❌	✅	Y / Y	⭐️ 4.9 (12)
Lake Harriet Modern Retreat	$84,140	$291	79%	3	1	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (14)

Return Metrics

-5.54% 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)	-$7,150	-$14,300	-$21,450	-$28,600	-$35,751	-$71,502	-$214,506
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$5,157	$10,633	$16,446	$22,618	$29,171	$68,519	$420,000
Down Payment	$105,000	$105,000	$105,000	$105,000	$105,000	$105,000	$105,000
Property Appreciation	$15,750	$31,972	$48,681	$65,892	$83,618	$180,556	$749,312
Total Return	$118,757	$133,305	$148,677	$164,910	$182,039	$282,573	$1,059,806

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-5.54%

Cap Rate

5.38%

Return on Investment

10.66%

3421 Fremont Ave S Minneapolis, MN, 55408

3 bed • 1 bath • 9 guests

Purchase Price

Est. $2,518/mo

This property is for sale!

Contact Agent

-9

Airbnb Investor Score

-$7,150

Annual Profit

5.4%

Cap Rate

-5.5%

Cash on Cash

$48,212

Annual Revenue

BNBCalc predicts this property will get $200 per night with 66% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 31% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

10 Airbnb Comparables

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

$53,351

Avg annual revenue

66%

Avg occupancy rate

$200

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

$30k

$45k

$65k

$85k

-$7,150

Profit

Revenue

$48,212

Operating Expenses

$19,948

Operating Income

$28,265

Mortgage & Taxes

$35,415

Profit (Cash Flow)

-$7,150

$129,000

Cash Investment

Down Payment

$105,000

Renos & Furnishing

$8,250

Closing Costs

$15,750

Total

$129,000

DSCR Ratio

Weak

0.80

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-5.54%

Cap Rate

5.38%

Return on Investment

10.66%

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

$24,917

Deductible property tax

$5,197

Your total deduction

$60,300

Your adjusted annual income

$150,000 - $60,300 = $89,700

Taxes on $89,700 (30%)

$26,910

Your old tax bill

$45,000

Your new tax bill

$26,910

Estimated tax savings

$18,090

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:

Year built:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -