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BNBCalc Short Term Rental Rental Arbitrage Analysis 44 Prospect St, Morristown, NJ, 07960

2 bed • 2 bath • 2 guests • $0

BNB

Calc

Annual Revenue

$43,048

Profit (Cash Flow)

-$16,549

Cash on Cash Return

-250.7%

Annual Revenue

$43,048

AirDNA projects $210/night at 71% occupancy ($54,457). Airbtics projects $166/night at 71% occupancy ($43,047). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 71% occupancy rate, $166 rate per night.

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

Percentiles25%50%75%90%
Revenue$27,212$47,466$61,536$79,245
Occupancy59%74%80%87%
Nightly Rate$120$168$201$238

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
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80%
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$192
54%
211$115❌❌❌Y / Y⭐️ 5 (148)
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61%
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79%
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80%
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58%
212$80❌❌✅N / N⭐️ 5 (48)
Private 2 story 2 Bedroom Home in Bedminster NJ

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53%
222$60❌❌❌Y / Y⭐️ 4.5 (20)
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91%
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71%
213$95❌❌❌Y / Y⭐️ 5 (56)
Cozy studio located near New York City.

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59%
211$22❌❌❌N / N⭐️ 4.5 (236)
Luxury living in Downtown Westfield! 2-BR/2-BA

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$200
87%
224$250❌❌❌Y / Y⭐️ 5 (34)
Home Away Fr Home Near NWK Penn/Prudential CTR/NYC

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$39,837
$138
75%
22.52$150❌❌❌Y / Y⭐️ 4.5 (47)
Book 3days & Save 20%+Park FREE+EV Plug & Sleeps 8

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66%
221$119❌❌❌Y / Y⭐️ 5 (53)
Cozy Escape near NYC with Easy Access!

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$124
75%
213$130❌❌❌Y / Y⭐️ 4.5 (73)
Luke Lake House- Waterfront, Hotub, Kayaks, Fun!

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58%
221$0❌✅✅Y / N⭐️ 5 (189)
Maplewood 2BR Townhome. NYC 30 Minutes, EWR 7 min

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80%
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Glam! | 2BR apt | Free Parking! | 30 min to NYC!

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$240
73%
222$160❌❌❌Y / Y⭐️ 5 (103)
Get 20% OFF 3days+Free Park, Sleep 8, By Train

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$223
72%
221$119❌❌❌Y / Y⭐️ 5 (132)
2 BR+patio+workspace+parking near Seton Hall Univ.

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$48,659
$184
66%
212$150❌❌✅Y / Y⭐️ 5 (52)
2BR/2Ba Apt-5 min to Seton Hall w/patio & parking

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$193
50%
222$150❌❌✅Y / Y⭐️ 5 (40)
Another Amazing 2 Bedroom Apt!

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$103
78%
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Cozy Apartment in Montclair NJ

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$169
86%
212$125❌❌❌Y / Y⭐️ 5 (65)
2BR Suite w/patio near NYC train & Seton Hall

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$188
81%
212$150❌❌✅Y / Y⭐️ 5 (36)
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$238
63%
212$130❌❌❌Y / Y⭐️ 5 (43)
Your entire home-close to food/NY train/bus

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$49,681
$167
78%
211$100❌❌❌Y / Y⭐️ 5 (348)
Cozy Luxury Basement Near Airport

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$27,484
$93
75%
211$75❌❌❌N / N⭐️ 4.5 (69)
Sunny 3rd Floor Apartment Near NYC with Parking.

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$31,833
$96
89%
211$35❌❌❌N / Y⭐️ 5 (317)
Private & Spacious 2 Bed Apt - Prime Montclair

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$206
81%
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Suburban NYC; Private, clean apt. own entrance

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$41,323
$119
92%
22.51$125❌❌❌Y / Y⭐️ 5 (169)
NICE 2 Br| 1 Bath | Nice Area | Close to EWR & NYC

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$36,224
$125
76%
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2 BEDS Modern Apt Near EWR/NYC/DreamMall/MetLife

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$92
92%
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Save 20% Book 3days+, Sleeps 8, Park on St. Free,

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$146
57%
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2 BDR Basement Apt 10-15mins To EWR & NWK Pen

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$121
51%
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$111
67%
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30 secs to EWR! Minutes to NYC 2BD 1BA Entire Apt

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$114
87%
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Romantic/King Bed/Whole House/Train NYC/Dream Mall

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Cheerful 2 Bedroom Basement & Separate Entrance.

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$183
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211$35❌❌❌Y / Y⭐️ 4.5 (16)

Return Metrics

-250.73% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$16,548-$33,097-$49,645-$66,194-$82,742-$165,485-$496,456
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return-$16,548-$33,097-$49,645-$66,194-$82,742-$165,485-$496,456

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-250.73%

Payback Period Days

0

Return on Investment

-250.73%

property-location

44 Prospect St Morristown, New Jersey, 07960

2 bed • 2 bath • 2 guests

Agent

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$43,048

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $210/night at 71% occupancy.Projected nightly rate is $166/night at 71% occupancy.

Top 56% of comparables

Top 53% 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.

$45,268

Avg annual revenue

71%

Avg occupancy rate

$166

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

$40k

$55k

$75k

Sign up to see the data on 40 all comparables

-$16,549

Profit

Revenue

$43,048

Operating Expenses

$17,596

Operating Income

$25,451

Net Effective Rent

$42,000

Profit (Cash Flow)

-$16,549

$6,600

Cash Investment

Renos & Furnishing

$6,500

Setup Costs

$100

Total

$6,600

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

-250.73%

Payback Period Days

0