BNBCalc Short Term Rental Investment Analysis 4861 E Lake Harriet Pkwy

6 bed • 6 bath • 15 guests • $1,915,100

BNB

Calc

Annual Revenue

$143,724

Profit (Cash Flow)

-$17,827

Cap Rate

5.8%

Annual Revenue

$143,724

AirDNA projects $787/night at 35% occupancy ($100,606).

BNB Calc projects a 50% occupancy rate, $787 rate per night.

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

Return Metrics

-3.9% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$17,827	-$35,654	-$53,481	-$71,308	-$89,135	-$178,271	-$534,814
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$18,814	$38,788	$59,995	$82,509	$106,412	$249,947	$1,532,080
Down Payment	$383,020	$383,020	$383,020	$383,020	$383,020	$383,020	$383,020
Property Appreciation	$57,453	$116,629	$177,581	$240,361	$305,025	$658,634	$2,733,350
Total Return	$441,459	$502,783	$567,115	$634,582	$705,322	$1,113,330	$4,113,635

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-3.9%

Cap Rate

5.81%

Return on Investment

12.81%

4861 E Lake Harriet Pkwy Minneapolis, Minnesota, 55419-5242

6 bed • 6 bath • 15 guests

Purchase Price

Est. $9,186/mo

This property is for sale!

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Minneapolis

Guide

Zoning

Market

Guide

Laws

Market Data

$143,724

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

Airbnb Comparables

Comparable data could not be found for this address

Avg annual revenue

Avg occupancy rate

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

$0k

$100k

$195k

$300k

-$17,827

Profit

Revenue

$143,724

Operating Expenses

$32,364

Operating Income

$111,359

Mortgage & Taxes

$129,187

Profit (Cash Flow)

-$17,827

$455,973

Cash Investment

Down Payment

$383,020

Renos & Furnishing

$15,500

Closing Costs

$57,453

Total

$455,973

DSCR Ratio

Weak

0.86

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-3.9%

Cap Rate

5.81%

Return on Investment

12.81%

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

$90,893

Deductible property tax

$18,959

Your total deduction

$161,907

Your adjusted annual income

$150,000 - $161,907 = -$11,907

Taxes on -$11,907 (30%)

-$3,572

Your old tax bill

$45,000

Your new tax bill

-$3,572

Estimated tax savings

$48,572

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:

19,166 sqft

Year built:

1927

Size:

7,775 sqft

Type:

SFR

Parking:

Heating:

HOT WATER

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
4735 Emerson Ave S	4	2	2,595	-	10,454	1913	$990,000	-
5036 Bryant Ave S	5	3	2,266	-	7,841	1922	$0	-
4332 Fremont Ave S	5	4	2,824	-	9,583	1908	$1,595,000	88
5026 Aldrich Ave S	5	4	2,464	-	7,841	1913	$819,000	101
5038 Fremont Ave S	4	2	2,109	-	6,970	1915	$750,000	-
5117 Emerson Ave S	6	2	2,026	-	6,534	1921	$756,000	-
5340 Girard Ave S	4	2	2,922	-	6,534	1928	$625,000	20
5425 Queen Ave S	4	3	2,791	-	7,841	1941	$740,000	42
5309 Washburn Ave S	4	2	1,884	-	5,227	1924	$680,500	38
321 W 49th St	4	3	2,982	-	6,534	1936	$685,000	45

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 3

Lot size: 19,166 sqft

Building area: 7,775 sqft

Garage: No

Heating: Hot water

Pool: No

Fireplaces: 3

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R1

Land Use: Residential

Parcel Number: 16-028-24-23-0015

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $2,301,000

County Est. Land Value: $1,063,000

Assessed Land Value: $1,063,000

County Est. Structure Value: $1,238,000

Market Estimate: $1,285,999

Sale history

Date	Sale Price	% Financed	Buyer
02/11/22	$2,150,000	80%	Nicole A Webb
04/16/19	$500	0%	Cicchetti,Dante Trust
Invalid Date	$2,350,000	0%	Dante Cicchetti

Ownership

Name: Nicole A Webb

Owner Occupied: Yes

Owner Mailing Address: 4861 E Lake Harriet Pkwy, Minneapolis, Mn 55419

Years Owned: 29

Home Equity: -

Mortgage Balance Remaining: $1,720,000

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No