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BNBCalc Short Term Rental Rental Arbitrage Analysis 360 E South Water St, Chicago, IL, 60601

1 bed β€’ 1 bath β€’ 5 guests β€’ $0

BNB

Calc

Annual Revenue

$68,301

Profit (Cash Flow)

$22,294

Cash on Cash Return

512.5%

Annual Revenue

$68,301

AirDNA projects $275/night at 68% occupancy ($68,300). Airbtics projects $251/night at 64% occupancy ($58,672). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 68% occupancy rate, $275 rate per night.

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

Percentiles25%50%75%90%
Revenue$29,571$52,197$104,018$143,052
Occupancy50%68%85%89%
Nightly Rate$157$205$329$433

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
Downtown Riverwalk Music Inspired Loft

No image available

$52,365
$203
67%
121$95βŒβŒβœ…Y / Y⭐️ 4.8 (42)
Loop Loft-Subway & Art Institute

No image available

$40,860
$136
78%
112$123βœ…βŒβœ…Y / Y⭐️ 5 (36)
Gorgeous Corner 2 Bedroom in the Heart of Downtown

No image available

$54,691
$293
51%
1232$0βœ…βœ…βœ…Y / Y⭐️ 4.8 (9)
52nd Floor, VIEWS, Pool, Balcony, Pool, Gym

No image available

$139,165
$414
91%
114$85βœ…βŒβŒY / Y⭐️ 4.9 (59)
Downtown Guild #4 | Mag Mile, Gold Coast 1bd/1ba

No image available

$65,096
$201
85%
112$95❌❌❌Y / Y⭐️ 4.8 (117)
52nd Floor MagMile Penthouse VIEWS Fireplace Pool

No image available

$142,664
$434
89%
114$85βœ…βŒβŒY / Y⭐️ 4.9 (39)
51st Floor MagMile Penthouse Views Balcony Pool

No image available

$139,840
$432
88%
114$85βœ…βŒβŒY / Y⭐️ 4.8 (31)
Corner 2 Bed with Lake Views

No image available

$38,594
$185
57%
1232$0βœ…βœ…βœ…Y / Y⭐️ 5 (4)
Executive Versace Suite Downtown Chi (RiverNorth)

No image available

$95,130
$361
72%
121$0❌❌❌Y / Y⭐️ 5 (18)
VersacΓ© Loft Downtown Chicago-Luxurious and Modern

No image available

$63,666
$212
80%
122$99❌❌❌Y / Y⭐️ 4.8 (15)
Kasa | Elevate your Stay, Premium 1BD | Chicago

No image available

$54,348
$269
53%
111$81βŒβŒβœ…Y / Y⭐️ 4.8 (312)
Standard King Bed Hotel Room at Magnificent Mile

No image available

$89,772
$511
48%
111$0βŒβŒβœ…N / Y⭐️ 4.6 (156)
Standard Double Hotel Room at Magnificent Mile

No image available

$89,772
$511
48%
111$0βŒβŒβœ…N / Y⭐️ 4.8 (196)
Lovely one bedroom condo River north

No image available

$37,108
$175
56%
1132$125βœ…βŒβœ…Y / Y⭐️ 4.3 (20)
52nd Floor MagMile Penthouse Views Fireplace Pool

No image available

$135,835
$433
85%
114$85βœ…βŒβŒY / Y⭐️ 4.7 (39)
Chic, renovated unit in Mag Mile - EF4

No image available

$29,079
$95
76%
111$150❌❌❌Y / Y⭐️ 4.8 (68)
1 bedroom in the heart of downtown Chicago.

No image available

$29,663
$148
53%
1132$160βœ…βŒβŒY / Y⭐️ 4.7 (33)
The Professional's Playground

No image available

$60,692
$181
89%
116$90βœ…βœ…βŒY / Y⭐️ 4.8 (40)
50th Floor Mag Mile VIEWS, Balcony, Pool, Gym

No image available

$138,897
$409
92%
114$80βœ…βŒβŒY / Y⭐️ 4.9 (30)
Downtown Music Loft

No image available

$51,145
$200
66%
121$95βŒβŒβœ…Y / Y⭐️ 5 (2)
Corner 1BR in an Amenity packed building-Balcony!

No image available

$115,957
$434
73%
1132$250βœ…βœ…βœ…Y / Y⭐️ 5 (3)
Corner 2 bedroom with lake & skyline views

No image available

$94,137
$289
89%
1232$0βœ…βœ…βœ…Y / Y⭐️ 5 (1)
1BR Upscale Apartment in Perfect Location

No image available

$22,725
$59
95%
111$70βŒβŒβœ…Y / Y⭐️ 4.8 (39)
High-Floor Stylish Apt in Chi!

No image available

$32,007
$159
55%
1132$165βœ…βœ…βœ…Y / Y⭐️ 5 (2)
Lux Gold Coast Condo |Rooftop Pool, Gym, Workspace

No image available

$59,331
$170
91%
112$100βœ…βŒβŒY / Y⭐️ 4.8 (123)
Awesome LUX 1BR Michigan Ave!

No image available

$16,908
$154
30%
1132$165βœ…βŒβœ…Y / Y⭐️ 5 (1)
Old Chi Modern Condo w/ cityview

No image available

$99,316
$335
81%
122$99βœ…βŒβŒY / Y⭐️ 4.9 (53)
MTR*Whole Foods Attached*Sauna*Gym*Hot Tub*Dog

No image available

$40,992
$140
80%
1132$275βœ…βœ…βœ…Y / Y⭐️ 4.5 (2)
Incredible 1Br in the Heart of DT Great Amenities!

No image available

$34,231
$199
47%
1132$250βœ…βœ…βœ…Y / Y⭐️ 5 (2)
King Bed Corner Apt in Downtown Chicago + Balcony!

No image available

$17,128
$120
39%
1132$150βœ…βœ…βœ…Y / Y⭐️ 4.8 (5)
Apartment 1 mile away from millennium park

No image available

$65,912
$207
87%
121$0❌❌❌Y / Y⭐️ 5 (18)
Modern 1 bedroom centrally located

No image available

$33,778
$208
44%
113$165βœ…βŒβŒY / N⭐️ 4.5 (39)
Prime and Best Location next to Michigan Ave

No image available

$43,027
$180
65%
1132$120βŒβŒβœ…Y / Y⭐️ 4.9 (16)
Gold Coast Luxury Condo w/ Rooftop Pool

No image available

$58,579
$221
70%
112$60βœ…βŒβŒY / Y⭐️ 4.8 (31)
Great Location Downtown w/Gym + Wi-Fi

No image available

$38,101
$150
69%
1130$120❌❌❌Y / Y⭐️ 5 (5)
King Bed in Downtown Chi + Balcony!

No image available

$33,039
$153
59%
1132$175βœ…βœ…βœ…Y / Y⭐️ 5 (1)
A-Suite: Corner 1BR + Balcony. Park and Lake View!

No image available

$21,280
$153
38%
1132$150βœ…βœ…βœ…Y / Y⭐️ 0 (0)

Return Metrics

512.49% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$22,293$44,587$66,880$89,174$111,467$222,935$668,806
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return$22,293$44,587$66,880$89,174$111,467$222,935$668,806

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

512.49%

Payback Period Days

71

Return on Investment

512.49%

property-location

360 East South Water Street Chicago, Illinois, 60601

1 bed β€’ 1 bath β€’ 5 guests

Agent

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$1,821

Zestimate

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Laws


Market Data

$68,301

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $275/night at 68% occupancy.Projected nightly rate is $251/night at 64% occupancy.

Top 51% of comparables

Top 38% of comparables


Seasonality

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40

Airbnb Comparables

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

$61,055

Avg annual revenue

64%

Avg occupancy rate

$251

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

$15k

$55k

$100k

$145k

Sign up to see the data on 40 all comparables

$22,294

Profit

Revenue

$68,301

Operating Expenses

$16,679

Operating Income

$51,622

Net Effective Rent

$29,328

Profit (Cash Flow)

$22,294

$4,350

Cash Investment

Renos & Furnishing

$4,250

Setup Costs

$100

Total

$4,350

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

512.49%

Payback Period Days

71