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Bathrooms

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Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


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BNBCalc Short Term Rental Investment Analysis 359 Minocqua St, Park Forest, IL 60466

2 bed β€’ 1 bath β€’ 6 guests β€’ $146,500

BNB

Calc

Annual Revenue

$29,804

Profit (Cash Flow)

$2,367

Cap Rate

8.4%

Annual Revenue

$29,804

AirDNA projects $120/night at 68% occupancy ($29,803). Airbtics projects $194/night at 53% occupancy ($37,554). Airbtics predicts this property will perform in the 59% revenue percentile

BNB Calc projects a 68% occupancy rate, $120 rate per night.

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

Percentiles25%50%75%90%
Revenue$14,277$31,427$41,968$65,829
Occupancy39%58%71%75%
Nightly Rate$99$146$158$232

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Quiet clean 2 bedroom get away.
$38,340
$160
60%
212$125❌❌❌Y / Y⭐️ 4.8 (66)
Tranquil 2 bedroom ranch home
$29,325
$170
44%
212$75❌❌❌Y / Y⭐️ 4.8 (48)
Cute 2 br with King and Queen
$41,775
$155
73%
213$135❌❌❌Y / Y⭐️ 5 (7)
Comfy 2 Bedroom 2nd Floor Entire Apartment
$20,236
$97
57%
212$0❌❌❌N / Y⭐️ 4.5 (17)
Modern and Cozy
$50,929
$799
17%
211$75βŒβŒβœ…N / Y⭐️ 4.7 (47)
Comfy 2 BR Home Away from Home - 30 mi. to Chicago
$23,112
$79
79%
2114$110❌❌❌Y / Y⭐️ 5 (20)
Camper/RV on quiet homestead
$20,222
$85
65%
211$0βŒβŒβœ…N / N⭐️ 4.8 (38)
Duplex Lair
$30,068
$108
75%
2128$150βŒβŒβœ…Y / Y⭐️ 5 (2)
Luxurious Getaway House near Downtown Chicago
$19,122
$143
30%
212$99❌❌❌Y / Y⭐️ 5 (1)
Gorgeous Modern Getaway home
$25,954
$150
38%
211$160❌❌❌Y / Y⭐️ 5 (3)

Return Metrics

5.92% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$2,366$4,733$7,100$9,467$11,834$23,669$71,009
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$1,439$2,967$4,589$6,311$8,140$19,120$117,200
Down Payment$29,300$29,300$29,300$29,300$29,300$29,300$29,300
Property Appreciation$4,395$8,921$13,584$18,387$23,333$50,383$209,093
Total Return$37,501$45,923$54,574$63,466$72,608$122,473$426,603

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

5.92%

Cap Rate

8.36%

Return on Investment

20.53%

property-location

359 Minocqua St Park Forest, IL, 60466

2 bed β€’ 1 bath β€’ 6 guests

Est. $703/mo

Agent

This property is for sale!

Contact Agent

48

Airbnb Investor Score

$2,366

Annual Profit

8.4%

Cap Rate

5.9%

Cash on Cash

$29,804

Annual Revenue

BNBCalc predicts this property will get $194 per night with 53% occupancy, putting it in the top 59% revenue percentile compared to similar properties nearby.

Top 31% of comparables

Top 61% of comparables


Seasonality

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10

Airbnb Comparables

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

$29,908

Avg annual revenue

53%

Avg occupancy rate

$194

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$20k

$30k

$40k

$50k

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$2,367

Profit

Revenue

$29,804

Operating Expenses

$17,555

Operating Income

$12,249

Mortgage & Taxes

$9,882

Profit (Cash Flow)

$2,367

$39,945

Cash Investment

Down Payment

$29,300

Renos & Furnishing

$6,250

Closing Costs

$4,395

Total

$39,945

DSCR Ratio

Acceptable

1.24

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

5.92%

Cap Rate

8.36%

Profit (Cummulative)

$2,367

$1,439

$6,250

$4,395

$0

Total Gain

$8,201

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

$6,953

Deductible property tax

$1,450

Your total deduction

$13,009

Your adjusted annual income

$150,000 - $13,009 = $136,991


Taxes on $136,991 (30%)

$41,097

Your old tax bill

$45,000

Your new tax bill

$41,097


Estimated tax savings

$3,903

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: No
  • 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: -