BNBCalc Short Term Rental Investment Analysis 409 La Garita St, Creede, CO, 81130

3 bed • 1 bath • 9 guests • $225,300

BNB

Calc

Annual Revenue

$80,471

Profit (Cash Flow)

$41,131

Cap Rate

25.0%

Annual Revenue

$80,471

AirDNA projects $241/night at 44% occupancy ($38,730). Airbtics projects $245/night at 55% occupancy ($49,216). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 68% occupancy rate, $324 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$27,712	$49,235	$82,274	$107,086
Occupancy	43%	55%	68%	80%
Nightly Rate	$172	$239	$324	$359

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Modern Mountain Cabin -Walk to Downtown Creede - P	$73,902	$371	53%	3	2.5	1	$319	❌	❌	✅	Y / Y	⭐️ 0 (2)
Hot Tub, Unparallel Views, Dogs Welcome	$60,770	$377	43%	3	3	1	$253	❌	✅	✅	Y / Y	⭐️ 5 (6)
The Nanci (The Metal Flower Cabin)	$17,433	$136	32%	3	1.5	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (69)
New Listing! Recently Remodled - Mountain Cottage	$51,105	$284	47%	3	2	1	$187	❌	❌	❌	Y / Y	⭐️ 4.5 (10)
Unmatched Views of Creede - Classic Colorado Cabin	$58,478	$400	39%	3	3.5	1	$253	❌	❌	❌	Y / Y	⭐️ 5 (8)
Fisherman's Paradise - Pet Friendly, Private Creek	$50,797	$234	57%	3	1	1	$198	❌	✅	✅	Y / Y	⭐️ 5 (15)
MAYFLY MANOR AT DRAGONFLY FLATS	$43,114	$324	36%	3	2	2	$95	❌	❌	✅	N / Y	⭐️ 5 (19)
Affordable Family Friendly Home - Near Downtown Cr	$25,661	$134	49%	3	2	1	$187	❌	❌	❌	Y / Y	⭐️ 5 (6)
Spectacular Views - Secluded - ATVs Welcome	$110,881	$357	83%	3	3	1	$237	❌	❌	❌	Y / Y	⭐️ 5 (5)
As seen on HGTV- Modern Mountain Retreat	$99,267	$394	68%	3	3	2	$200	❌	✅	✅	Y / Y	⭐️ 5 (38)
Historic home in Creede	$73,126	$244	80%	3	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.7 (11)
Creede: Little Lodge on Moonshine Mesa	$62,505	$263	64%	3	1.5	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (19)
The Big Elk Mountain Home	$38,399	$155	67%	3	2	2	$130	❌	❌	✅	Y / Y	⭐️ 5 (102)
☼ MOUNTAIN LUXURY - RIO GRANDE COUNTRY CLUB ☼	$63,475	$358	45%	3	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (7)
Birch Street Retreat	$36,270	$151	62%	3	1.5	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (23)
Birch Street Hideaway	$50,295	$163	82%	3	2.5	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (68)
Aspen Cabin @ Riverbend Resort	$51,767	$208	68%	3	2.5	2	$0	❌	✅	✅	N / N	⭐️ 5 (4)
Ponderosa Cabin @ Riverbend Resort	$47,200	$208	62%	3	2	2	$0	❌	✅	✅	N / N	⭐️ 5 (5)
Custom-Built Colorado Log Cabin - Impeccable Views	$104,472	$346	81%	3	2	1	$237	❌	❌	❌	Y / Y	⭐️ 0 (1)
Fir Oasis (Cozy Mountain Cabin)	$33,210	$184	48%	3	2.5	2	$135	❌	❌	❌	Y / Y	⭐️ 5 (46)
Riverfront Lodge House	$42,612	$351	33%	3	4	3	$50	❌	❌	❌	Y / N	⭐️ 4.7 (51)
Summit Cabin @ Riverbend Resort	$30,635	$186	45%	3	2	2	$0	❌	✅	✅	N / N	⭐️ 5 (4)
Big Red Cabin @ Riverbend Resort	$36,091	$173	57%	3	1	2	$0	❌	✅	✅	N / N	⭐️ 0 (2)
Bristlecone Cabin @ Riverbend Resort	$44,930	$186	66%	3	2	2	$0	❌	✅	✅	N / N	⭐️ 5 (3)
Ski Wolf Creek! Cabin in South Fork! #STR1024	$31,314	$166	51%	3	1.5	3	$50	❌	❌	❌	Y / Y	⭐️ 5 (79)
Whitewater Lodge with Hottub on River	$56,836	$260	58%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (3)
Close to Wolf Creek Ski Area/Private Hot Tub/ATVs	$42,741	$275	40%	3	2	1	$187	❌	✅	❌	Y / Y	⭐️ 5 (7)
30 minutes from Wolf Creek Ski Area	$35,379	$171	55%	3	2	2	$100	❌	❌	❌	Y / Y	⭐️ 4.9 (78)
Classic Log Cabin - Amazing Views - ATV Parking -	$96,087	$327	79%	3	2	1	$187	❌	❌	❌	Y / Y	⭐️ 5 (6)
The Fox Den	$25,338	$157	42%	3	2	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (17)
Dog-Friendly Fenced Yard! $175 night	$56,540	$177	87%	3	2	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (113)
Cozy Home-Spectacular Mountain Views / ATVs Welcom	$84,878	$316	73%	3	2	1	$187	❌	❌	❌	Y / Y	⭐️ 5 (4)
River Cottage	$38,687	$176	56%	3	1.5	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (63)
Colorado Cabin 20 Mins to Wolf Creek Ski Area - Pr	$44,651	$269	43%	3	2	1	$187	❌	✅	❌	Y / Y	⭐️ 5 (6)
Classic Colorado Cabin - ATV's Welcome - Grill / D	$71,225	$257	73%	3	2	1	$187	❌	❌	✅	Y / Y	⭐️ 4.5 (11)
Rio Grande River and Mountain Views-Pet Friendly-R	$92,872	$325	77%	3	2	1	$187	❌	❌	✅	Y / Y	⭐️ 5 (4)
Alpine Spruce Cabin - family-friendly and spacious	$44,294	$228	52%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (15)

Return Metrics

68.47% 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)	$41,131	$82,262	$123,394	$164,525	$205,656	$411,313	$1,233,940
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$180,240	$180,240	$180,240	$180,240	$180,240	$180,240	$180,240
Down Payment	$45,060	$45,060	$45,060	$45,060	$45,060	$45,060	$45,060
Property Appreciation	$6,759	$13,720	$20,891	$28,277	$35,884	$77,484	$321,562
Total Return	$273,190	$321,283	$369,585	$418,102	$466,841	$714,097	$1,780,802

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

68.47%

Cap Rate

25%

Return on Investment

83.41%

409 La Garita St Creede, Colorado, 81130

3 bed • 1 bath • 9 guests

Purchase Price

Est. $1,081/mo

Inquire about this property

Contact Agent

$225,300

Zestimate

366

Airbnb Investor Score

$41,131

Annual Profit

25.0%

Cap Rate

68.5%

Cash on Cash

$80,471

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $241/night at 44% occupancy.Projected nightly rate is $245/night at 55% occupancy.

Occupancy Rate

Top 26% 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.

$51,859

Avg annual revenue

55%

Avg occupancy rate

$245

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

$15k

$45k

$75k

$110k

$41,131

Profit

Revenue

$80,471

Operating Expenses

$24,141

Operating Income

$56,329

Mortgage & Taxes

$15,198

Profit (Cash Flow)

$41,131

$60,069

Cash Investment

Down Payment

$45,060

Renos & Furnishing

$8,250

Closing Costs

$6,759

Total

$60,069

DSCR Ratio

Strong

3.71

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

68.47%

Cap Rate

25%

Return on Investment

83.41%

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

$10,693

Deductible property tax

$2,230

Your total deduction

-$17,673

Your adjusted annual income

$150,000 - -$17,673 = $167,673

Taxes on $167,673 (30%)

$50,302

Your old tax bill

$45,000

Your new tax bill

$50,302

Estimated tax savings

-$5,302

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:

3,920 sqft

Year built:

1905

Size:

1,169 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 1

Lot size: 3,920 sqft

Building area: 1,169 sqft

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: Mountain(s)

Parking: -

Amenities: Dryer, Range, Refrigerator, Washer

Price per square foot: $192

Lot Info

Zoning: -

Land Use: -

Parcel Number: 476325451012

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $125,185

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $225,300

Schools