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BNBCalc Short Term Rental Investment Analysis 429 N Pennsylvania St 700, Indianapolis, IN 46204

3 bed • 3 bath • 9 guests • $1,590,000

BNB

Calc

Annual Revenue

$41,090

Profit (Cash Flow)

-$85,188

Cap Rate

1.4%

Annual Revenue

$41,090

AirDNA projects $252/night at 49% occupancy ($45,100). Airbtics projects $225/night at 50% occupancy ($41,089). Airbtics predicts this property will perform in the 39% revenue percentile

BNB Calc projects a 50% occupancy rate, $225 rate per night.

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

Percentiles25%50%75%90%
Revenue$35,241$46,830$53,520$55,443
Occupancy40%49%61%72%
Nightly Rate$161$228$263$343

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Spacious Indianapolis Condo w/ Private Gym!

No image available

$45,582
$247
40%
342$273❌❌❌Y / Y⭐️ 4.9 (17)
3BR Downtown | Private Garage | Walk to Mass Ave

No image available

$43,390
$165
64%
331$50❌❌❌Y / Y⭐️ 4.8 (221)
Pops & Tma’s House

No image available

$53,948
$268
55%
321$0❌✅✅Y / Y⭐️ 5 (89)
Steps from Mass Ave & Bottleworks + Garage parking

No image available

$32,525
$160
50%
322$50❌❌❌Y / Y⭐️ 5 (169)
Stay for GenCon - Walk to Downtown!

No image available

$26,568
$112
48%
322$158❌❌❌Y / Y⭐️ 4.8 (57)
Downtown Indy, Hot Tub!

No image available

$56,386
$342
41%
322$150❌✅❌Y / Y⭐️ 5 (141)
Luxury Downtown Loft - Walkable to Everything!

No image available

$52,238
$354
37%
323$150❌❌❌Y / Y⭐️ 5 (22)
The Escape Pad -Historic Home in the heart of Indy

No image available

$55,339
$210
72%
341$0❌❌❌Y / Y⭐️ 5 (37)
Top Floor Loft by Convention Center

No image available

$48,079
$150
76%
322$100❌❌❌Y / Y⭐️ 4.8 (118)

Return Metrics

-22.75% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$85,188-$170,376-$255,564-$340,752-$425,940-$851,881-$2,555,644
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$1,272,000$1,272,000$1,272,000$1,272,000$1,272,000$1,272,000$1,272,000
Down Payment$318,000$318,000$318,000$318,000$318,000$318,000$318,000
Property Appreciation$47,700$96,831$147,435$199,559$253,245$546,827$2,269,347
Total Return$1,552,511$1,516,454$1,481,871$1,448,806$1,417,305$1,284,945$1,303,703

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-22.75%

Cap Rate

1.38%

Return on Investment

-5.83%

property-location

429 N Pennsylvania St 700 Indianapolis, IN, 46204

3 bed • 3 bath • 9 guests

Est. $7,626/mo

Agent

This property is for sale!

Contact Agent

Indianapolis

Guide

Zoning

Market

Guide


Laws


Market Data

-92

Airbnb Investor Score

-$85,188

Annual Profit

1.4%

Cap Rate

-22.8%

Cash on Cash

$41,090

Annual Revenue

This property is projected to be in the top 39% revenue percentile compared to similar properties nearby.
Projected nightly rate is $252/night at 49% occupancy.Projected nightly rate is $225/night at 50% occupancy.

Top 41% of comparables

Top 51% of comparables


Seasonality

Sign up to view the full seasonality chart

10

Airbnb Comparables

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

$43,627

Avg annual revenue

50%

Avg occupancy rate

$225

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

$35k

$45k

$55k

Sign up to see the data on 10 all comparables

-$85,188

Profit

Revenue

$41,090

Operating Expenses

$19,022

Operating Income

$22,068

Mortgage & Taxes

$107,256

Profit (Cash Flow)

-$85,188

$374,450

Cash Investment

Down Payment

$318,000

Renos & Furnishing

$8,750

Closing Costs

$47,700

Total

$374,450

DSCR Ratio

Weak

0.21

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-22.75%

Cap Rate

1.38%

Profit (Cummulative)

-$85,188

$1,272,000

$8,750

$47,700

$0

Total Gain

-$21,868

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

$75,463

Deductible property tax

$15,741

Your total deduction

$243,914

Your adjusted annual income

$150,000 - $243,914 = -$93,914


Taxes on -$93,914 (30%)

-$28,174

Your old tax bill

$45,000

Your new tax bill

-$28,174


Estimated tax savings

$73,174

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: -