BNBCalc Short Term Rental Investment Analysis 484 Willett Ave, East Providence, RI, 02915

3 bed • 2 bath • 9 guests • $419,900

BNB

Calc

Annual Revenue

$48,388

Profit (Cash Flow)

$92

Cap Rate

6.8%

Annual Revenue

$48,388

AirDNA projects $367/night at 62% occupancy ($83,107). Airbtics projects $207/night at 64% occupancy ($48,387). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 64% occupancy rate, $207 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$29,880	$43,885	$70,011	$101,835
Occupancy	54%	63%	74%	82%
Nightly Rate	$146	$182	$249	$327

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Waterfront Harbor House - 10 min From Providence!	$90,134	$300	80%	3	1.5	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (187)
Renovated Family Home on Providence River!	$45,094	$216	53%	3	2.5	30	$274	❌	❌	✅	Y / Y	⭐️ 4.5 (33)
Modern home so cozy you won't want to leave!	$78,233	$348	61%	3	2	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (46)
The Haven Retreat in East Providence	$67,742	$330	54%	3	3	2	$160	❌	❌	❌	Y / Y	⭐️ 4.4 (13)
Modern remodel of vintage home. Spacious & cozy	$41,041	$173	63%	3	1.5	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (138)
Cheerful 3 bedroom home indoor electric fireplace!	$44,499	$242	49%	3	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (32)
Cozy Home next to City Park	$71,612	$224	85%	3	1.5	1	$160	❌	✅	✅	Y / Y	⭐️ 5 (113)
Waterviews off Sowams - nearby bike path & golfing	$56,388	$297	48%	3	2	3	$300	❌	❌	❌	Y / Y	⭐️ 4.5 (25)
* On-site Parking * Washer Dryer * Dog-Friendly *	$44,203	$154	77%	3	1	2	$40	❌	❌	✅	Y / Y	⭐️ 5 (74)
NEW Apartment in Federal Hill	$40,190	$156	66%	3	1	1	$250	❌	❌	❌	Y / Y	⭐️ 5 (37)
Dream Home/Oakland Beach Complete updated	$41,126	$202	54%	3	2	30	$80	❌	❌	✅	Y / Y	⭐️ 4.5 (131)
Large, modern, central 3-bedroom apt in PVD	$39,197	$141	73%	3	1	1	$39	❌	❌	✅	N / Y	⭐️ 5 (139)
Perfect for Groups! 3BR★Chic & Modern APT near DT!	$30,225	$104	70%	3	1	2	$105	❌	❌	✅	N / Y	⭐️ 5 (65)
The Birds of Paradise House, close to Brown	$33,655	$135	63%	3	1	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (141)
Relax by the bay at the Iris Breeze	$62,050	$238	69%	3	2	3	$129	❌	❌	✅	Y / Y	⭐️ 5 (50)
Cozy Apartment-Minutes to Downtown	$24,439	$124	51%	3	1	2	$75	❌	❌	✅	N / N	⭐️ 4.5 (72)
Delightful 1st Floor Modern Apartment	$31,049	$109	73%	3	1	3	$190	❌	❌	✅	N / Y	⭐️ 4.5 (41)
East Side Apartment 3BR + Sofabed	$39,574	$126	82%	3	1	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (385)
A Labor of Love in Historic Seaside Village	$52,971	$249	56%	3	2	1	$160	❌	❌	✅	Y / Y	⭐️ 5 (79)
⫷ Modern Luxury Loft ⫸ Private Garden＋BBQ＋Fire Pit	$85,797	$469	48%	3	2.5	3	$225	❌	❌	❌	Y / Y	⭐️ 5 (91)
Spacious Townhouse apt mins from Federal Hill	$76,283	$327	61%	3	2	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (31)
Landmark Historic 1804 Home - Providence’s Finest	$67,597	$333	55%	3	3.5	30	$80	❌	❌	❌	Y / Y	⭐️ 5 (240)
Downtown/Federal Hill On BroadwayWalk everywhere!	$62,434	$205	82%	3	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (208)
Modern 3 bed close to downtown- parking available	$42,279	$180	63%	3	1	2	$110	❌	❌	✅	Y / Y	⭐️ 5 (98)
The Penthouse at Federal Hill-PVD-Downtown	$37,898	$224	45%	3	1	2	$50	❌	❌	✅	N / Y	⭐️ 5 (31)
Rock the Kasbah 3 bd 5min to dwtn & 2min best food	$32,839	$160	54%	3	1	3	$110	❌	❌	✅	N / Y	⭐️ 5 (169)
The Place in Providence 3BR Apt Max7	$34,033	$168	54%	3	1	30	$75	❌	❌	✅	N / Y	⭐️ 5 (213)
Stylish & Cozy Apt For Your Group★Hosts 6 People	$25,446	$99	60%	3	1	2	$105	❌	❌	✅	Y / Y	⭐️ 5 (22)
Modern & Comfy Apt For Your Group ★ Hosts 6 People	$30,846	$102	71%	3	1	2	$105	❌	❌	✅	N / Y	⭐️ 4.5 (33)
The Rhody Retreat \| Near College Hill & Brown Unv	$50,454	$151	87%	3	1	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (227)
The Evergreen Escape \| A Family & Friend Getaway	$55,573	$185	79%	3	1	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (273)
Sunset Home with Garden: Walk To Brown/Downtown	$54,461	$310	48%	3	1.5	2	$0	❌	❌	❌	Y / N	⭐️ 5 (9)
★New 3BR APT★Modern & Stylish Stay for Groups!	$37,249	$112	81%	3	1	2	$105	❌	❌	✅	N / Y	⭐️ 5 (46)
★3BR-Modern, Spacious & Stylish APT near to DWTN★	$40,148	$146	68%	3	1	2	$105	❌	❌	✅	N / Y	⭐️ 5 (49)
Entire 3BR Modern Condo in Providence	$57,685	$195	78%	3	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (39)
City Serenity - Cozy & Chic 3bedroom Apt	$38,680	$147	66%	3	1	1	$125	❌	❌	✅	N / N	⭐️ 4.5 (47)
Modern Bungalow in Edgewood!	$36,988	$164	58%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.7 (64)
In Town Updated Home	$73,821	$327	61%	3	2	2	$168	❌	❌	❌	Y / Y	⭐️ 5 (9)
* On-site Parking * Washer Dryer * Dog-Friendly *	$48,450	$158	83%	3	1	2	$30	❌	❌	✅	Y / Y	⭐️ 5 (65)
Penthouse on Main \| 4 beds \| Renovated & Walkable	$45,934	$252	47%	3	1	1	$170	❌	❌	✅	Y / N	⭐️ 5 (14)

Return Metrics

0.08% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$92	$184	$276	$368	$460	$920	$2,760
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$335,920	$335,920	$335,920	$335,920	$335,920	$335,920	$335,920
Down Payment	$83,980	$83,980	$83,980	$83,980	$83,980	$83,980	$83,980
Property Appreciation	$12,597	$25,571	$38,936	$52,701	$66,879	$144,410	$599,307
Total Return	$432,589	$445,655	$459,112	$472,969	$487,239	$565,230	$1,021,967

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

0.08%

Cap Rate

6.76%

Return on Investment

16%

484 Willett Ave East Providence, Rhode Island, 02915

3 bed • 2 bath • 9 guests

Purchase Price

Est. $2,014/mo

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Airbnb Investor Score

$92

Annual Profit

6.8%

Cap Rate

0.1%

Cash on Cash

$48,388

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $367/night at 62% occupancy.Projected nightly rate is $207/night at 64% occupancy.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

40 Airbnb Comparables

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

$49,207

Avg annual revenue

64%

Avg occupancy rate

$207

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

$25k

$45k

$65k

$90k

$92

Profit

Revenue

$48,388

Operating Expenses

$19,970

Operating Income

$28,417

Mortgage & Taxes

$28,325

Profit (Cash Flow)

$92

$105,077

Cash Investment

Down Payment

$83,980

Renos & Furnishing

$8,500

Closing Costs

$12,597

Total

$105,077

DSCR Ratio

Acceptable

1.00

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

0.08%

Cap Rate

6.76%

Return on Investment

16%

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

$19,929

Deductible property tax

$4,157

Your total deduction

$42,680

Your adjusted annual income

$150,000 - $42,680 = $107,320

Taxes on $107,320 (30%)

$32,196

Your old tax bill

$45,000

Your new tax bill

$32,196

Estimated tax savings

$12,804

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:

4,673 sqft

Year built:

1930

Size:

2,098 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Natural Gas, Forced Air, Gas Connected

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 4,673 sqft

Building area: 2,098 sqft

Garage: No

Heating: Natural gas, forced air, gas connected

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: Wall Unit(s)

View: -

Parking: No Garage, Driveway

Amenities: Gas Water Heater, Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer

Price per square foot: $200

Lot Info

Zoning: -

Land Use: -

Parcel Number: EPROM512B01L003U

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $292,700

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Middle School: Riverside Middle School with 4/10 star rating
High School: East Providence High School with 4/10 star rating