BNBCalc Short Term Rental Investment Analysis 355 E Ohio St STE 324, Indianapolis, IN, 46204

1 bed • 2 bath • 3 guests • $250,000

BNB

Calc

Annual Revenue

$29,366

Profit (Cash Flow)

-$4,996

Cap Rate

4.7%

Annual Revenue

$29,366

AirDNA projects $150/night at 55% occupancy ($30,132). Airbtics projects $109/night at 58% occupancy ($23,090). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 67% occupancy rate, $120 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$14,862	$21,464	$30,856	$50,121
Occupancy	46%	57%	67%	82%
Nightly Rate	$84	$98	$120	$160

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
CozySuites l Roomy 1BR, Monument Circle, Indy	$18,381	$68	66%	1	1	2	$85	✅	❌	✅	Y / Y	⭐️ 4.5 (87)
Unique Downtown Penn St. 12th Fl. 1-BR. Stunning	$17,710	$152	30%	1	1	1	$68	❌	❌	❌	Y / Y	⭐️ 5 (86)
Private Downtown Escape	$19,183	$55	83%	1	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (202)
His & Hers Downtown Suite	$22,483	$66	85%	1	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (118)
Downtown Escape - Stylish Living with Free Parking	$23,796	$79	74%	1	1	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (226)
* Penn @ Ohio lux 1-BR / 98% walk rate	$18,246	$146	33%	1	1	1	$68	❌	❌	❌	Y / Y	⭐️ 5 (91)
Spacious 1bd downtown Indy!	$26,219	$116	58%	1	1	1	$55	❌	❌	❌	Y / Y	⭐️ 5 (132)
Upscale Downtown Retreat	$24,713	$78	80%	1	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (111)
1BR APT in the Heart of the City \| LED Lights!	$17,887	$82	55%	1	1	1	$60	❌	❌	✅	Y / Y	⭐️ 5 (80)
Downtown 1 Bedroom Apartment with a View!	$29,764	$191	41%	1	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (46)
Luxury Suite	$24,484	$107	61%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 5 (132)
Spacious 1-BDRM Rental Downtown Indianapolis	$15,427	$84	47%	1	1	2	$75	❌	❌	❌	Y / Y	⭐️ 4.5 (123)
Downtown Indy… Just seconds from monument Square	$27,611	$92	82%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (112)
Downtown 1 Bedroom Apartment with a View!	$24,083	$126	50%	1	1	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (76)
1Bd1Ba W/King Bed in Heart of Downtown	$20,279	$86	62%	1	1	2	$120	❌	❌	❌	Y / Y	⭐️ 4.7 (65)
Historic Mass Ave Loft in Downtown Indy	$44,199	$217	54%	1	1	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (66)
Downtown Indy Cozy Apartment	$24,380	$96	67%	1	1	1	$55	❌	❌	❌	Y / Y	⭐️ 4.7 (77)
Heart of Historic Indy 1: Guest Suite Free Parking	$17,720	$87	54%	1	1	1	$25	❌	❌	❌	N / Y	⭐️ 5 (486)
Downtown Indianapolis- Market Square Condo	$31,881	$143	60%	1	1	1	$25	❌	❌	✅	Y / Y	⭐️ 4.5 (109)
Oliver Capital \| Chic, Downtown High Rise	$24,926	$93	69%	1	1	1	$75	✅	❌	❌	Y / Y	⭐️ 4.8 (78)
Oliver Capital \| Downtown Theatre Suite	$32,195	$103	78%	1	1	1	$75	✅	❌	❌	Y / Y	⭐️ 4.9 (99)
Premier Location - Quaint 1B in Downtown Indy!	$18,007	$104	46%	1	1	2	$69	❌	❌	❌	N / Y	⭐️ 4.7 (79)
Cozy Downtown Apartment	$26,771	$118	58%	1	1	1	$65	❌	❌	❌	Y / Y	⭐️ 5 (54)
Your place away from home!	$17,808	$92	50%	1	1	1	$45	❌	❌	❌	Y / Y	⭐️ 4.8 (27)
Comfort & Luxury In the heart of downtown	$27,807	$104	63%	1	1	1	$115	❌	❌	❌	Y / Y	⭐️ 4.9 (105)
Downtown Contemporary Haven	$22,307	$89	65%	1	1	1	$55	❌	❌	❌	Y / Y	⭐️ 4.8 (45)
Downtown Indy Comfort & Convenience: 1BR w/Parking	$16,982	$84	50%	1	1	2	$110	✅	❌	❌	Y / Y	⭐️ 5 (23)
CozySuites Spacious 1BR Near Whole Foods	$55,144	$181	81%	1	1	2	$80	❌	❌	✅	Y / Y	⭐️ 5 (72)
Oliver Capital \| Spacious King Bed Downtown	$20,222	$92	55%	1	1	1	$75	✅	❌	❌	Y / Y	⭐️ 5 (86)
Luxury Apartment Downtown Indy	$19,786	$158	33%	1	1	1	$65	❌	❌	❌	Y / Y	⭐️ 5 (27)
Downtown Comfort 1BR w/Free Parking	$12,871	$76	42%	1	1	2	$110	✅	❌	❌	Y / Y	⭐️ 5 (27)
Mass Ave - Indy's Premier Downtown Getaway	$15,768	$97	41%	1	1	2	$69	❌	❌	❌	N / Y	⭐️ 4.8 (23)
His & Hers Ivory Suite	$24,708	$73	83%	1	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (64)
Luxury 1 Bed/Bath Downtown Apt.	$38,045	$105	99%	1	1	1	$0	❌	❌	✅	Y / N	⭐️ 5 (109)
Stunning Downtown 1 Bedroom Apartment	$17,300	$102	43%	1	1	1	$75	❌	❌	❌	Y / N	⭐️ 4.5 (24)
Modern Downtown 1 Bedroom Apartment	$13,376	$100	34%	1	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (24)
Downtown central	$38,776	$188	54%	1	1	1	$60	❌	❌	✅	N / N	⭐️ 4.4 (38)
Modern Comfort in the Heart of Indy: 1BR w/Parking	$18,151	$83	57%	1	1	2	$110	❌	❌	❌	Y / Y	⭐️ 4.5 (22)
Modern 1BR Apt Downtown Indy - Chic & Accessible	$13,367	$103	34%	1	1	1	$90	❌	❌	✅	Y / Y	⭐️ 4.5 (7)
Luxury Apt on Mass Ave – Near Lucas Oil Stadium	$35,557	$145	67%	1	1	3	$0	✅	✅	✅	Y / Y	⭐️ 4.5 (10)

Return Metrics

-8.05% 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)	-$4,996	-$9,992	-$14,988	-$19,984	-$24,980	-$49,961	-$149,883
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$200,000	$200,000	$200,000	$200,000	$200,000	$200,000	$200,000
Down Payment	$50,000	$50,000	$50,000	$50,000	$50,000	$50,000	$50,000
Property Appreciation	$7,500	$15,225	$23,181	$31,377	$39,818	$85,979	$356,815
Total Return	$252,503	$255,232	$258,193	$261,392	$264,837	$286,017	$456,931

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-8.05%

Cap Rate

4.74%

Return on Investment

7.99%

355 E Ohio St Indianapolis, Indiana, 46204

1 bed • 2 bath • 3 guests

Purchase Price

Est. $1,199/mo

Inquire about this property

Contact Agent

Indianapolis

Guide

Zoning

Market

Guide

Laws

Market Data

-22

Airbnb Investor Score

-$4,996

Annual Profit

4.7%

Cap Rate

-8.1%

Cash on Cash

$29,366

Annual Revenue

BNBCalc predicts this property will get $109 per night with 58% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 28% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$23,958

Avg annual revenue

58%

Avg occupancy rate

$109

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

$10k

$25k

$40k

$55k

-$4,996

Profit

Revenue

$29,366

Operating Expenses

$17,498

Operating Income

$11,868

Mortgage & Taxes

$16,864

Profit (Cash Flow)

-$4,996

$62,000

Cash Investment

Down Payment

$50,000

Renos & Furnishing

$4,500

Closing Costs

$7,500

Total

$62,000

DSCR Ratio

Weak

0.70

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-8.05%

Cap Rate

4.74%

Return on Investment

7.99%

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

$11,865

Deductible property tax

$2,475

Your total deduction

$30,384

Your adjusted annual income

$150,000 - $30,384 = $119,616

Taxes on $119,616 (30%)

$35,885

Your old tax bill

$45,000

Your new tax bill

$35,885

Estimated tax savings

$9,115

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:

435.6 sqft

Year built:

2006

Size:

906 sqft

Type:

CONDO

Parking:

Heating:

Forced Air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: CONDO

Stories: -

Lot size: 435.6 sqft

Building area: 906 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: No

Cooling: Central Air

View: -

Parking: Assigned, Attached

Amenities: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer

Price per square foot: $264

Lot Info

Zoning: -

Land Use: -

Parcel Number: 491101240055065101

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $312,100

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

High School: Arsenal Technical High School with 1/10 star rating