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BNBCalc Short Term Rental Investment Analysis 4381 W Flamingo Rd 2116, Las Vegas, NV, 89103

1 bed • 1 bath • 4 guests • $304,300

BNB

Calc

Annual Revenue

$47,190

Profit (Cash Flow)

$6,848

Cap Rate

9.0%

Annual Revenue

$47,190

AirDNA projects $233/night at 74% occupancy ($62,975). Airbtics projects $170/night at 78% occupancy ($48,431). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 76% occupancy rate, $170 rate per night.

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

Percentiles25%50%75%90%
Revenue$30,046$43,228$73,192$105,086
Occupancy68%79%90%96%
Nightly Rate$115$141$212$284

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
Palms Place No Resort Fees 1 bdrm

No image available

$51,734
$172
78%
11.51$125✅✅❌Y / Y⭐️ 5 (93)
*NEW*2Pools&jacuzzi+Adjustable Bed “Magical Suite”

No image available

$65,242
$177
99%
112$85✅✅❌Y / Y⭐️ 5 (162)
Luxurious Strip View Palms Place Suite

No image available

$69,561
$225
81%
11.53$150✅✅❌Y / Y⭐️ 5 (38)
Captivating City Views

No image available

$73,802
$214
91%
11.51$120✅✅❌Y / Y⭐️ 5 (93)
The Adele Palazzo Suite

No image available

$97,214
$284
86%
111$200✅✅❌Y / Y⭐️ 5 (73)
The Celine Riviera Suite

No image available

$97,841
$333
76%
11.51$200✅✅❌Y / Y⭐️ 5 (52)
24th floor Luxury Modern Studio Strip View

No image available

$35,404
$111
79%
111$150❌✅❌N / N⭐️ 5 (44)
Famous "Hip Hop Legends" Suite - Award Winning

No image available

$28,889
$90
80%
111$115✅✅✅Y / Y⭐️ 4.5 (41)
Luxury high-rise condo million $ strip view

No image available

$22,516
$99
58%
112$100✅✅❌N / N⭐️ 4.9 (57)
Palms Place Luxury Studio STRIP VIEW NO RESORT FEE

No image available

$27,453
$71
95%
111$89✅✅❌N / Y⭐️ 4.5 (239)
Prestigious 53rd floor condo w/ Strip Views

No image available

$47,626
$148
82%
111$100✅✅❌Y / Y⭐️ 5 (59)
Luxury 53rd Flr Condo with Balcony & Sunset View

No image available

$41,775
$160
69%
111$91✅✅❌N / Y⭐️ 5 (55)
Fantastic Luxury 53rd Fl 1 Bedroom Condo with View

No image available

$55,792
$222
67%
11.52$150✅✅❌Y / Y⭐️ 5 (135)
Award Winning - Sex, Drugs & Rock 'n' Roll Suite

No image available

$31,219
$102
80%
112$90✅✅✅Y / Y⭐️ 4.5 (129)
Entire Luxury 35th Floor Unit: Amazing Strip View

No image available

$26,696
$78
90%
111$125✅✅❌Y / Y⭐️ 5 (56)
Amazing Lux 1 bedroom High Rise w balconies

No image available

$77,251
$292
69%
11.51$125✅❌❌Y / Y⭐️ 5 (161)
Palms Place Balcony Strip View free wifi

No image available

$33,267
$86
99%
111$100✅✅❌Y / N⭐️ 5 (447)
VEGAS Strip view High Floor Palms Place Condo C37

No image available

$46,039
$131
93%
11.51$85✅✅❌Y / Y⭐️ 5 (308)
Studio Condo With Balcony Strip View! FL33

No image available

$41,279
$124
83%
111$90✅✅✅Y / Y⭐️ 5 (243)
Vegas High-Rise | Skyline Views & Private Balcony

No image available

$48,766
$141
91%
111$90✅✅✅N / Y⭐️ 5 (151)
Strip View Corner 1 Bedroom Unit 2 Balconies

No image available

$42,985
$164
66%
11.51$120✅✅❌Y / Y⭐️ 4.5 (245)
1BR Vegas Palms Place Kitchen Balcony Kitchen! K28

No image available

$74,025
$195
99%
11.51$120✅✅❌Y / Y⭐️ 4.5 (568)
Palms Place Modern Room W Beautiful Mountain View

No image available

$23,969
$128
45%
111$160✅✅❌Y / Y⭐️ 5 (130)
Luxury 1 Bedroom Suite | Palms Place Condos

No image available

$61,520
$212
74%
11.52$120✅✅❌Y / Y⭐️ 4.5 (165)
LUXURY STRIP VIEW SUITE - Palms Place Resort

No image available

$35,708
$131
73%
112$100✅✅❌Y / Y⭐️ 5 (124)
Luxurious Condo Stunning Strip View at Palms Place

No image available

$29,350
$117
63%
111$90✅✅✅Y / Y⭐️ 5 (142)
Fabulous Studio | Palms Place Condos | Las Vegas

No image available

$29,507
$106
68%
112$100✅✅❌N / Y⭐️ 4.5 (121)
36th Floor Strip View@Palms Place : with a Balcony

No image available

$33,733
$144
62%
112$95✅✅❌Y / Y⭐️ 5 (122)
52nd floor Amazing balcony Studio Strip View

No image available

$39,049
$130
77%
112$150✅❌❌Y / Y⭐️ 5 (66)
Studio | Palms Suite | Luxury | Vegas | P17

No image available

$53,074
$160
88%
111$80❌❌❌N / Y⭐️ 5 (69)
Strip View Luxury Studio No Resort Fee Palms Place

No image available

$46,285
$123
100%
112$90✅✅❌N / Y⭐️ 5 (153)
Palms Place 19th Floor Corner Suite Strip Views!

No image available

$47,307
$142
89%
11.51$149✅✅❌Y / Y⭐️ 5 (295)
The Palms 52nd fl. 1BDR Corner Penthouse in Vegas

No image available

$92,912
$288
87%
122$200✅✅❌Y / Y⭐️ 5 (47)
Intimo Palms Place Penthouse 56 th fl.

No image available

$127,365
$591
56%
11.52$200✅✅❌Y / Y⭐️ 5 (49)
SQ31 1BD/1.5BA Mountain View w/ Open Balcony

No image available

$38,373
$120
76%
11.52$130✅✅❌Y / Y⭐️ 5 (27)
1250Sqft 30th Floor corner with Amazing Views!

No image available

$37,170
$225
43%
11.52$125✅❌❌Y / Y⭐️ 5 (74)
RJ36 1BD/1.5BA w/Strip View w/ Open Balcony

No image available

$89,564
$237
96%
11.52$130✅✅❌Y / Y⭐️ 5 (77)
Luxurious studio in Palms Place-22F

No image available

$18,933
$111
43%
112$91✅✅❌N / Y⭐️ 5 (289)
QQ23 1BD/1.5BA View w/Open Balcony /Sleeps 6

No image available

$46,825
$123
90%
11.52$130✅✅❌Y / Y⭐️ 5 (109)
Gorgeous Strip View | Studio at Palms Place - 17

No image available

$29,990
$97
79%
111$91✅✅❌Y / Y⭐️ 4.5 (148)

Return Metrics

9.22% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$6,847$13,695$20,543$27,391$34,238$68,477$205,433
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$243,440$243,440$243,440$243,440$243,440$243,440$243,440
Down Payment$60,860$60,860$60,860$60,860$60,860$60,860$60,860
Property Appreciation$9,129$18,531$28,216$38,192$48,467$104,653$434,315
Total Return$320,276$336,527$353,060$369,883$387,005$477,431$944,048

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

9.22%

Cap Rate

8.99%

Return on Investment

25.54%

property-location

4381 W Flamingo Rd Las Vegas, Nevada, 89103

1 bed • 1 bath • 4 guests

Est. $1,460/mo

Agent

Inquire about this property

Contact Agent

$304,300

Zestimate

Las Vegas

Guide

Zoning

Market

Guide


Laws


Market Data

63

Airbnb Investor Score

$6,847

Annual Profit

9.0%

Cap Rate

9.2%

Cash on Cash

$47,190

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $233/night at 74% occupancy.Projected nightly rate is $170/night at 78% occupancy.

Top 63% of comparables

Top 33% 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.

$50,425

Avg annual revenue

78%

Avg occupancy rate

$170

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

$55k

$90k

$130k

Sign up to see the data on 40 all comparables

$6,848

Profit

Revenue

$47,190

Operating Expenses

$19,815

Operating Income

$27,375

Mortgage & Taxes

$20,527

Profit (Cash Flow)

$6,848

$74,239

Cash Investment

Down Payment

$60,860

Renos & Furnishing

$4,250

Closing Costs

$9,129

Total

$74,239

DSCR Ratio

Strong

1.33

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

9.22%

Cap Rate

8.99%

Profit (Cummulative)

$6,848

$243,440

$4,250

$9,129

$0

Total Gain

$18,966

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

$14,442

Deductible property tax

$3,013

Your total deduction

$23,885

Your adjusted annual income

$150,000 - $23,885 = $126,115


Taxes on $126,115 (30%)

$37,834

Your old tax bill

$45,000

Your new tax bill

$37,834


Estimated tax savings

$7,166

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:

2006

Size:

615 sqft

Type:

CONDO

Parking:

-

Heating:

Central, Electric

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: CONDO
  • Stories: -
  • Lot size: -
  • Building area: 615 sqft
  • Garage: No
  • Heating: Central, electric
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: Electric, 1 Unit
  • View: City, Mountain(s), Strip View
  • Parking: Valet, Guest
  • Amenities: Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Price per square foot: $494

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 16219511199
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $244,340
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $304,300


Schools

  • Elementary School: Joseph E Thiriot Elementary School with 6/10 star rating
  • Middle School: Grant Sawyer Middle School with 5/10 star rating
  • High School: Ed W Clark High School with 5/10 star rating