BNBCalc Short Term Rental Investment Analysis 38 Pleasant St, Annapolis, MD, 21401

2 bed • 1 bath • 6 guests • $257,700

BNB

Calc

Annual Revenue

$54,337

Profit (Cash Flow)

$16,210

Cap Rate

13.0%

Annual Revenue

$54,337

AirDNA projects $295/night at 51% occupancy ($54,950). Airbtics projects $261/night at 57% occupancy ($54,337). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 57% occupancy rate, $261 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$39,686	$50,820	$79,733	$111,472
Occupancy	47%	54%	70%	82%
Nightly Rate	$225	$250	$301	$358

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Downtown Townhouse w/ Private Parking & Patio!*C	$53,275	$266	54%	2	1.5	2	$140	❌	❌	✅	Y / Y	⭐️ 5 (38)
Chic Condo w/ Balcony in the Heart of Annapolis!	$62,236	$194	79%	2	2	2	$196	❌	❌	❌	Y / Y	⭐️ 5 (84)
Crab Cakes and Football Historic District	$122,776	$415	80%	2	1.5	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (148)
*Charming Downtown Townhouse w/Parking & Patio! A	$43,644	$242	48%	2	1.5	3	$140	❌	❌	✅	Y / Y	⭐️ 5 (38)
Cozy 2br home w/ parking in downtown Annapolis	$70,496	$226	82%	2	1.5	1	$120	❌	❌	❌	Y / Y	⭐️ 5 (333)
Charming Cottage 2 parking spot easy walk downtown	$57,586	$250	62%	2	2	2	$140	❌	❌	❌	Y / Y	⭐️ 5 (177)
Beautiful Townhome Downtown Annapolis	$38,675	$193	54%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (138)
Bennett House, B- Quaint haven, historic Annapolis	$62,221	$347	48%	2	1	2	$290	❌	❌	✅	Y / Y	⭐️ 5 (23)
Cozy 2BR Row House near Naval Academy	$26,984	$126	54%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (101)
Brand New Reno in Historic Dist w 2 Parking spots	$46,992	$144	86%	2	1	2	$95	❌	❌	✅	Y / Y	⭐️ 5 (390)
Cute Downtwn Townhouse Onsite Parking & Patio!	$37,950	$234	43%	2	1.5	2	$140	❌	❌	✅	Y / Y	⭐️ 5 (42)
Spectacular Location: State Circle Apartment	$52,526	$357	40%	2	2	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (36)
Modern Apartment over the Heart of Main Street!	$33,905	$97	90%	2	1	1	$59	❌	❌	❌	N / Y	⭐️ 5 (764)
CIRCA 1885-Historic Annapolis-USNA GATE 1	$58,836	$284	56%	2	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (99)
Charming Annapolis Townhome	$50,366	$237	54%	2	1.5	1	$175	❌	❌	❌	Y / Y	⭐️ 5 (36)
Historic Home Steps from City Center & Waterfront	$55,371	$280	53%	2	2	2	$210	❌	❌	❌	Y / Y	⭐️ 5 (220)
Dog friendly! Next to Navy Stadium & DTA Shuttle!	$61,218	$310	52%	2	1	2	$200	❌	❌	✅	Y / Y	⭐️ 5 (65)
East Street Retreat	$52,855	$262	52%	2	1.5	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (32)
Green On Fleet - Rowhouse in Historic Annapolis	$57,498	$234	66%	2	1.5	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (114)
Chic Renovation On Fleet Street	$43,183	$256	44%	2	1.5	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (78)
Fleet St Retreat in Downtown- Great Location !	$47,542	$261	49%	2	2.5	2	$180	❌	❌	❌	Y / Y	⭐️ 5 (97)
Walk to Everything \| Historic Art’s District	$38,917	$343	31%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (22)
Historic Annapolis Rental Minutes from Downtown	$62,000	$242	70%	2	1	3	$0	❌	❌	❌	N / N	⭐️ 5 (91)
Large 2BR Renovated—Walkable Downtown USNA & Dock	$32,556	$166	51%	2	1.5	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (40)
Cute and Close to everything!	$33,374	$252	34%	2	1.5	1	$120	❌	❌	❌	Y / Y	⭐️ 4.5 (12)
Charming house; walk to everywhere in Annapolis	$95,411	$292	88%	2	1.5	3	$75	❌	❌	❌	Y / Y	⭐️ 5 (162)
Walk to Everything 2BR \| Patio \| W/D	$35,660	$249	34%	2	2	2	$212	❌	❌	❌	Y / Y	⭐️ 4.5 (45)
LOCATION!! Steps away from historic Main Street.	$93,573	$316	79%	2	2	2	$200	❌	❌	✅	Y / Y	⭐️ 5 (91)
Downtown home w/ garage parking Ranked in Top 1%	$55,416	$298	49%	2	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (62)
Charming Annapolis Waterfront Condo	$66,654	$239	73%	2	1	1	$93	✅	❌	❌	Y / Y	⭐️ 5 (76)
King George Downtown Annapolis Getaway	$41,669	$187	60%	2	1	2	$60	❌	❌	❌	Y / Y	⭐️ 5 (103)
Book for CW25 Walk to Main St w pool & parking	$91,528	$373	64%	2	2	3	$205	✅	❌	❌	Y / Y	⭐️ 4.5 (5)
2 bdrm close to city center, great yard &parking!	$66,253	$347	49%	2	1.5	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (6)
Stay aboard the S/V MY STUDIO on Annapolis Harbor	$49,665	$187	72%	2	1	2	$55	❌	❌	❌	Y / Y	⭐️ 5 (384)
Spring Specials! Walk to USNA, King & Queen bed.	$59,479	$400	37%	2	2.5	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (28)
New Downtown Annapolis Condo With Free Parking	$79,351	$215	99%	2	2	28	$135	❌	❌	✅	Y / Y	⭐️ 5 (146)
Modern Upcale Condo wparking in downtown Annapolis	$58,085	$243	64%	2	2	3	$175	❌	❌	❌	Y / Y	⭐️ 4.9 (34)
2 Bedroom Renovated Condo in Downtown Annapolis	$33,928	$224	37%	2	1	1	$135	❌	❌	❌	N / Y	⭐️ 5 (71)
Downtown Home/ Central Location	$41,011	$250	41%	2	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (19)

Return Metrics

24.73% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$16,209	$32,419	$48,629	$64,839	$81,049	$162,098	$486,295
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$206,160	$206,160	$206,160	$206,160	$206,160	$206,160	$206,160
Down Payment	$51,540	$51,540	$51,540	$51,540	$51,540	$51,540	$51,540
Property Appreciation	$7,731	$15,693	$23,895	$32,343	$41,044	$88,627	$367,805
Total Return	$281,640	$305,813	$330,225	$354,883	$379,794	$508,425	$1,111,801

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

24.73%

Cap Rate

13.03%

Return on Investment

40.4%

38 Pleasant St Annapolis, Maryland, 21401

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,236/mo

Inquire about this property

Contact Agent

$257,700

Zestimate

141

Airbnb Investor Score

$16,209

Annual Profit

13.0%

Cap Rate

24.7%

Cash on Cash

$54,337

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $295/night at 51% occupancy.Projected nightly rate is $261/night at 57% occupancy.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

40 Airbnb Comparables

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

$55,225

Avg annual revenue

57%

Avg occupancy rate

$261

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

$25k

$60k

$90k

$125k

$16,210

Profit

Revenue

$54,337

Operating Expenses

$20,744

Operating Income

$33,593

Mortgage & Taxes

$17,384

Profit (Cash Flow)

$16,210

$65,521

Cash Investment

Down Payment

$51,540

Renos & Furnishing

$6,250

Closing Costs

$7,731

Total

$65,521

DSCR Ratio

Strong

1.93

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

24.73%

Cap Rate

13.03%

Return on Investment

40.4%

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

$12,231

Deductible property tax

$2,551

Your total deduction

$10,183

Your adjusted annual income

$150,000 - $10,183 = $139,817

Taxes on $139,817 (30%)

$41,945

Your old tax bill

$45,000

Your new tax bill

$41,945

Estimated tax savings

$3,055

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:

864 sqft

Year built:

1940

Size:

840 sqft

Type:

TOWNHOUSE

Parking:

Heating:

Forced Air, Natural Gas

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
102 W Washington St	2	1	1,008	$213	1,040	-	-	-
28 Pleasant St	1	2	840	$297	864	-	-	-
109 Northwest St	2	2	868	$299	1,261	-	-	-

Property Details

MLS Status: N/A

Property Use: TOWNHOUSE

Stories: 2

Lot size: 864 sqft

Building area: 840 sqft

Garage: No

Heating: Forced air, natural gas

Pool: No

Fireplaces: -

Basement: No

Cooling: Central Air, Electric

View: -

Parking: On Street

Amenities: Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Cooktop, Washer/Dryer Stacked, Gas Water Heater

Price per square foot: $306

Lot Info

Zoning: -

Land Use: -

Parcel Number: 020600006427400

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $181,700

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $257,700

Schools

Elementary School: Annapolis Elementary School with 5/10 star rating
Middle School: Wiley H. Bates Middle School with 5/10 star rating
High School: Annapolis High School with 4/10 star rating