BNBCalc Short Term Rental Investment Analysis 401 S 1st St 401, Minneapolis, MN 55401

2 bed • 2 bath • 6 guests • $275,000

BNB

Calc

Annual Revenue

$52,763

Profit (Cash Flow)

$13,673

Cap Rate

11.7%

Annual Revenue

$52,763

AirDNA projects $216/night at 64% occupancy ($50,491). Airbtics projects $233/night at 62% occupancy ($52,763). Airbtics predicts this property will perform in the 52% revenue percentile

BNB Calc projects a 62% occupancy rate, $233 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$34,477	$39,400	$75,664	$91,130
Occupancy	48%	66%	75%	78%
Nightly Rate	$136	$245	$326	$376

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Sonder at Vicinity \| 2BR Apt w/ Balcony	$35,629	$246	36%	2	1	2	$123	❌	❌	❌	Y / Y	⭐️ 4.5 (16)
Fantastic 2BR Condo Downtown Minneapolis 511	$31,633	$129	67%	2	1	3	$0	✅	✅	❌	Y / Y	⭐️ 4.8 (35)
Unique 2BR Condo Downtown Minneapolis 445	$83,979	$353	65%	2	1	1	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (30)
Cozy 2 BR Condo Downtown Minneapolis 101	$23,391	$83	77%	2	1	2	$0	✅	✅	✅	Y / Y	⭐️ 4.8 (35)
Frontdesk \| Stylish + Modern 2BR in Downtown East	$50,722	$141	89%	2	2	1	$45	❌	❌	❌	Y / Y	⭐️ 4.7 (367)
Sonder at East End \| Superior Two-Bedroom Apartment w/ Balcony	$42,932	$246	43%	2	2	2	$111	✅	❌	❌	Y / Y	⭐️ 4.8 (82)
Sonder at Vicinity \| Superior 2BR Apt w/ Balcony	$35,868	$245	40%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 4.6 (31)
Capacious 2BR Condo Downtown Minneapolis 447	$106,246	$377	77%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4.8 (26)
Elegant 2BR Condo Downtown Minneapolis 455	$89,451	$376	65%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4.9 (39)
Sonder at Vicinity \| Extended Stay 2BR w/ Parking	$34,093	$135	69%	2	2	30	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)

Return Metrics

19.6% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$13,673	$27,346	$41,019	$54,693	$68,366	$136,733	$410,199
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$220,000	$220,000	$220,000	$220,000	$220,000	$220,000	$220,000
Down Payment	$55,000	$55,000	$55,000	$55,000	$55,000	$55,000	$55,000
Property Appreciation	$8,250	$16,747	$25,499	$34,514	$43,800	$94,577	$392,497
Total Return	$296,923	$319,094	$341,519	$364,208	$387,166	$506,310	$1,077,696

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

19.6%

Cap Rate

11.71%

Return on Investment

35.3%

401 S 1st St 401 Minneapolis, MN, 55401

2 bed • 2 bath • 6 guests

Purchase Price

Est. $1,319/mo

This property is for sale!

Contact Agent

115

Airbnb Investor Score

$13,673

Annual Profit

11.7%

Cap Rate

19.6%

Cash on Cash

$52,763

Annual Revenue

This property is projected to be in the top 52% revenue percentile compared to similar properties nearby.
Projected nightly rate is $216/night at 64% occupancy.Projected nightly rate is $233/night at 62% occupancy.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 51% of comparables

Seasonality

10 Airbnb Comparables

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

$53,394

Avg annual revenue

62%

Avg occupancy rate

$233

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

$20k

$50k

$80k

$105k

$13,673

Profit

Revenue

$52,763

Operating Expenses

$20,539

Operating Income

$32,224

Mortgage & Taxes

$18,551

Profit (Cash Flow)

$13,673

$69,750

Cash Investment

Down Payment

$55,000

Renos & Furnishing

$6,500

Closing Costs

$8,250

Total

$69,750

DSCR Ratio

Strong

1.74

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

19.6%

Cap Rate

11.71%

Return on Investment

35.3%

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

$13,052

Deductible property tax

$2,722

Your total deduction

$14,467

Your adjusted annual income

$150,000 - $14,467 = $135,533

Taxes on $135,533 (30%)

$40,660

Your old tax bill

$45,000

Your new tax bill

$40,660

Estimated tax savings

$4,340

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:

CONDO

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: CONDO

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: -