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

1 bed • 1 bath • 3 guests • $240,000

BNB

Calc

Annual Revenue

$48,092

Profit (Cash Flow)

$11,970

Cap Rate

11.7%

Annual Revenue

$48,092

AirDNA projects $211/night at 72% occupancy ($55,487). Airbtics projects $171/night at 77% occupancy ($48,091). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 77% occupancy rate, $171 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$30,388	$42,364	$73,267	$106,469
Occupancy	68%	78%	90%	96%
Nightly Rate	$117	$141	$213	$288

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
53Fl Palms Place Luxury Condo Best Strip View\|Pool	$35,964	$134	71%	1	1	1	$95	✅	✅	❌	Y / Y	⭐️ 5 (122)
Palms Place No Resort Fees 1 bdrm	$51,845	$166	81%	1	1.5	1	$125	✅	✅	❌	Y / Y	⭐️ 5 (79)
NEW2Pools&jacuzzi+Adjustable Bed “Magical Suite”	$69,228	$188	99%	1	1	2	$85	✅	✅	❌	Y / Y	⭐️ 5 (137)
52nd floor Amazing balcony Studio Strip View	$38,092	$125	78%	1	1	2	$150	✅	❌	❌	Y / Y	⭐️ 5 (58)
Luxurious Strip View Palms Place Suite	$72,113	$239	79%	1	1.5	3	$150	✅	✅	❌	Y / Y	⭐️ 5 (30)
Captivating City Views	$73,671	$212	92%	1	1.5	1	$120	✅	✅	❌	Y / Y	⭐️ 5 (79)
The Adele Palazzo Suite	$101,001	$292	87%	1	1	1	$200	✅	✅	❌	Y / Y	⭐️ 5 (65)
The Celine Riviera Suite	$100,063	$355	73%	1	1.5	1	$200	✅	✅	❌	Y / Y	⭐️ 5 (42)
Luxury high-rise condo million $ strip view	$22,516	$99	58%	1	1	2	$100	✅	✅	❌	N / N	⭐️ 4.9 (57)
Palms Place Luxury Studio STRIP VIEW NO RESORT FEE	$27,275	$71	95%	1	1	1	$89	✅	✅	❌	N / Y	⭐️ 4.5 (232)
Prestigious 53rd floor condo w/ Strip Views	$48,626	$153	82%	1	1	1	$100	✅	✅	❌	Y / Y	⭐️ 5 (59)
Luxury 53rd Flr Condo with Balcony & Sunset View	$40,915	$154	70%	1	1	1	$91	✅	✅	❌	N / Y	⭐️ 5 (53)
Fantastic Luxury 53rd Fl 1 Bedroom Condo with View	$55,372	$223	66%	1	1.5	2	$150	✅	✅	❌	Y / Y	⭐️ 5 (131)
Award Winning - Sex, Drugs & Rock 'n' Roll Suite	$29,811	$100	78%	1	1	2	$90	✅	✅	✅	Y / Y	⭐️ 4.5 (119)
Entire Luxury 35th Floor Unit: Amazing Strip View	$26,366	$77	90%	1	1	1	$125	✅	✅	❌	Y / Y	⭐️ 5 (46)
Amazing Lux 1 bedroom High Rise w balconies	$81,409	$313	68%	1	1.5	1	$125	✅	❌	❌	Y / Y	⭐️ 5 (149)
Palms Place Balcony Strip View free wifi	$33,992	$88	99%	1	1	1	$100	✅	✅	❌	Y / N	⭐️ 5 (443)
VEGAS Strip view High Floor Palms Place Condo C37	$44,113	$129	90%	1	1.5	1	$85	✅	✅	❌	Y / Y	⭐️ 5 (295)
Studio Condo With Balcony Strip View! FL33	$41,098	$124	83%	1	1	1	$90	✅	✅	✅	Y / Y	⭐️ 5 (224)
Luxe Studio w/Balcony Strip View! FL28	$49,102	$141	92%	1	1	1	$90	✅	✅	✅	N / Y	⭐️ 5 (138)
Strip View Corner 1 Bedroom Unit 2 Balconies	$43,808	$162	68%	1	1.5	1	$120	✅	✅	❌	Y / Y	⭐️ 4.5 (242)
Palms Place Modern Room W Beautiful Mountain View	$24,109	$127	46%	1	1	1	$160	✅	✅	❌	Y / Y	⭐️ 5 (127)
Luxury 1 Bedroom Suite \| Palms Place Condos	$60,902	$216	72%	1	1.5	2	$120	✅	✅	❌	Y / Y	⭐️ 4.5 (160)
LUXURY STRIP VIEW SUITE - Palms Place Resort	$35,874	$132	73%	1	1	2	$100	✅	✅	❌	Y / Y	⭐️ 5 (116)
Luxurious Condo Stunning Strip View at Palms Place	$27,733	$114	61%	1	1	1	$90	✅	✅	✅	Y / Y	⭐️ 5 (128)
Fabulous Studio \| Palms Place Condos \| Las Vegas	$29,320	$103	70%	1	1	2	$100	✅	✅	❌	N / Y	⭐️ 4.5 (117)
36th Floor Strip View@Palms Place : with a Balcony	$33,934	$143	63%	1	1	2	$95	✅	✅	❌	Y / Y	⭐️ 5 (114)
Strip View Luxury Studio No Resort Fee Palms Place	$45,462	$121	100%	1	1	2	$90	✅	✅	❌	N / Y	⭐️ 5 (136)
Palms Place 19th Floor Corner Suite Strip Views!	$47,798	$141	90%	1	1.5	1	$149	✅	✅	❌	Y / Y	⭐️ 5 (284)
The Palms 52nd fl. 1BDR Corner Penthouse in Vegas	$92,912	$288	87%	1	2	2	$200	✅	✅	❌	Y / Y	⭐️ 5 (47)
Intimo Palms Place Penthouse 56 th fl.	$133,100	$618	56%	1	1.5	2	$200	✅	✅	❌	Y / Y	⭐️ 5 (42)
SQ31 1BD/1.5BA Mountain View w/ Open Balcony	$38,549	$118	78%	1	1.5	2	$130	✅	✅	❌	Y / Y	⭐️ 5 (21)
1250Sqft 30th Floor corner with Amazing Views!	$37,877	$217	45%	1	1.5	2	$125	✅	❌	❌	Y / Y	⭐️ 5 (72)
RJ36 1BD/1.5BA w/Strip View w/ Open Balcony	$95,978	$256	96%	1	1.5	2	$130	✅	✅	❌	Y / Y	⭐️ 5 (67)
Luxurious studio in Palms Place-22F	$18,996	$110	44%	1	1	2	$91	✅	✅	❌	N / Y	⭐️ 5 (286)
QQ23 1BD/1.5BA Strip View w/Open Balcony /Sleeps 6	$45,203	$119	89%	1	1.5	2	$130	✅	✅	❌	Y / Y	⭐️ 5 (105)
Luxury Studio at the Palms Place	$22,064	$143	41%	1	1	4	$99	✅	✅	❌	Y / Y	⭐️ 4.5 (65)
VEGAS Luxury 53FL StripView PalmsPlace NoResortFee	$62,586	$172	97%	1	1	2	$99	✅	✅	❌	Y / Y	⭐️ 5 (119)
Gorgeous Strip View \| Studio at Palms Place - 17	$31,199	$99	81%	1	1	1	$91	✅	✅	❌	Y / Y	⭐️ 4.5 (140)
Infamous Good Vibes Suite Palms Place Resort & Spa	$33,693	$94	95%	1	1	2	$90	✅	✅	✅	Y / Y	⭐️ 4.5 (132)

Return Metrics

20.13% 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)	$11,970	$23,940	$35,910	$47,880	$59,850	$119,701	$359,103
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$192,000	$192,000	$192,000	$192,000	$192,000	$192,000	$192,000
Down Payment	$48,000	$48,000	$48,000	$48,000	$48,000	$48,000	$48,000
Property Appreciation	$7,200	$14,616	$22,254	$30,122	$38,225	$82,539	$342,542
Total Return	$259,170	$278,556	$298,164	$318,002	$338,076	$442,241	$941,646

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

20.13%

Cap Rate

11.73%

Return on Investment

36.21%

4381 W Flamingo Rd Las Vegas, Nevada, 89103

1 bed • 1 bath • 3 guests

Purchase Price

Est. $1,151/mo

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Las Vegas

Guide

Zoning

Market

Guide

Laws

Market Data

117

Airbnb Investor Score

$11,970

Annual Profit

11.7%

Cap Rate

20.1%

Cash on Cash

$48,092

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $211/night at 72% occupancy.Projected nightly rate is $171/night at 77% occupancy.

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

40 Airbnb Comparables

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

$50,091

Avg annual revenue

77%

Avg occupancy rate

$171

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

$95k

$135k

$11,970

Profit

Revenue

$48,092

Operating Expenses

$19,932

Operating Income

$28,160

Mortgage & Taxes

$16,190

Profit (Cash Flow)

$11,970

$59,450

Cash Investment

Down Payment

$48,000

Renos & Furnishing

$4,250

Closing Costs

$7,200

Total

$59,450

DSCR Ratio

Strong

1.74

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

20.13%

Cap Rate

11.73%

Return on Investment

36.21%

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

$11,391

Deductible property tax

$2,376

Your total deduction

$12,393

Your adjusted annual income

$150,000 - $12,393 = $137,607

Taxes on $137,607 (30%)

$41,282

Your old tax bill

$45,000

Your new tax bill

$41,282

Estimated tax savings

$3,718

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com