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BNBCalc Short Term Rental Investment Analysis 497 Rankin St NE, Atlanta, GA, 30308

2 bed • 1 bath • 6 guests • $825,000

BNB

Calc

Annual Revenue

$37,277

Profit (Cash Flow)

-$36,901

Cap Rate

2.3%

Annual Revenue

$37,277

AirDNA projects $202/night at 62% occupancy ($45,743). Airbtics projects $162/night at 63% occupancy ($37,276). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 63% occupancy rate, $162 rate per night.

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

Percentiles25%50%75%90%
Revenue$26,347$35,547$49,192$95,869
Occupancy55%63%71%83%
Nightly Rate$121$143$176$303

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
Uncover ATL’s Vibes-Chic Getaway near Ponce &

No image available

$34,447
$153
56%
211$140❌❌✅Y / Y⭐️ 5 (37)
Apartment near Ponce City Market

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$34,512
$98
86%
212$135❌❌❌Y / Y⭐️ 5 (67)
Downtown! New-Built! Roof-top balcony! City View!

No image available

$31,622
$123
63%
224$75❌❌❌Y / Y⭐️ 4.5 (171)
Old 4th Ward home close to Downtown

No image available

$35,116
$115
75%
22.51$145❌❌❌Y / Y⭐️ 5 (112)
Old 4th Ward Cozy Craftsman near Ponce City Market

No image available

$58,119
$176
85%
222$100❌❌❌Y / Y⭐️ 5 (228)
Ponce City Market/O4W Apartment

No image available

$66,884
$187
94%
222$155❌❌❌Y / Y⭐️ 5 (63)
Ponce Perfect

No image available

$37,069
$160
56%
22.52$225❌❌❌Y / Y⭐️ 4.5 (18)
Midtown Mod

No image available

$36,768
$188
48%
222$220❌❌❌Y / Y⭐️ 5 (23)
Ponce City Market - Mercury Loft by ALR

No image available

$79,675
$310
67%
221$159❌❌✅Y / Y⭐️ 5 (59)
Midtown Historic Designer Apartment, Zara

No image available

$39,120
$137
75%
221$89❌❌✅Y / Y⭐️ 5 (399)
The Gorgeous Historic Monroe House

No image available

$81,784
$228
92%
221$179❌❌✅Y / Y⭐️ 5 (350)
Ponce City Market - Piedmont Loft by ALR

No image available

$69,979
$364
50%
221$159❌❌✅Y / Y⭐️ 5 (16)
Original Craftsman charm 1 block from Ponce!

No image available

$30,368
$127
60%
211$85❌❌✅Y / Y⭐️ 5 (170)
Midtown Historic Designer Apartment, Stella

No image available

$35,224
$151
60%
221$89❌❌✅Y / Y⭐️ 5 (167)
Ponce City Market - Harmonious Haven by ALR

No image available

$93,835
$389
64%
221$179❌❌✅Y / Y⭐️ 5 (11)
“Downtown Atlanta”

No image available

$18,366
$138
33%
221$130✅❌✅Y / Y⭐️ 4.8 (74)
Ponce City Market - Wheel Loft by ALR

No image available

$89,934
$321
73%
223$159❌❌✅Y / Y⭐️ 5 (57)
Dive Inn - Designer's Perched Paradise with Pool

No image available

$80,731
$303
71%
222$130✅✅✅Y / Y⭐️ 4.9 (20)
City Central Old 4th Ward

No image available

$27,550
$178
40%
212$80❌❌❌N / N⭐️ 5 (28)
Midtown Historic Designer Apartment, Chloe

No image available

$31,251
$133
62%
221$89❌❌✅Y / Y⭐️ 5 (414)
Midtown Historic Designer Apartment, Sam

No image available

$33,205
$148
59%
221$89❌❌✅Y / Y⭐️ 5 (200)
Midtown Historic Designer Apartment, Aiden

No image available

$37,153
$149
66%
221$89❌❌✅Y / Y⭐️ 5 (350)
King Beds|Walker's Paradise| Urban Apothecary Loft

No image available

$46,089
$172
67%
211$100❌❌❌Y / Y⭐️ 5 (127)
Spacious 3rd Floor Walk Up Apartment Unit 5

No image available

$28,115
$124
53%
222$150❌❌✅Y / Y⭐️ 5 (119)
Light-filled Modern City Home in the Middle of All

No image available

$62,035
$197
83%
222$95❌❌❌Y / Y⭐️ 5 (278)
Modern Condo w/ View; 1 FREE Parking Spot

No image available

$22,651
$151
38%
213$150❌❌❌Y / Y⭐️ 4.5 (54)
Toddler paradise historic Inman park w/playhouse

No image available

$48,438
$175
75%
21.54$200❌❌❌Y / Y⭐️ 5 (63)
15FLoor-Style 2BR+1Bath+Park Downtown,1 king bed

No image available

$25,379
$123
51%
212$110❌❌❌Y / Y⭐️ 4.5 (33)
Special Offer: Downtown King Beds + Parking

No image available

$28,864
$92
75%
211$90✅❌❌Y / Y⭐️ 4.5 (70)
Downtown! Stunning City View! Onsite Parking

No image available

$22,005
$86
63%
213$75✅❌❌Y / Y⭐️ 4.5 (238)
L8-Barn look 2 BR+1 Bath+Parking Downtown view

No image available

$34,909
$125
71%
212$110✅❌❌Y / Y⭐️ 4.5 (111)
ATL Downtown Onsite Parking 2B City View King Bed

No image available

$21,342
$90
55%
213$75❌❌❌N / Y⭐️ 4.5 (196)
ATL Downtown 2BD City View Onsite Parking

No image available

$28,020
$100
70%
213$75❌❌❌N / Y⭐️ 4.5 (66)
Downtown 18Floor Condo! City View! Onsite Parking

No image available

$29,524
$127
59%
213$75❌❌❌Y / Y⭐️ 4.5 (44)
ATL Downtown 2BR King Bed Free Parking

No image available

$27,240
$98
68%
211$75❌❌❌Y / Y⭐️ 4.5 (49)
ATL Downtown 2BR King Bed Free Parking

No image available

$25,295
$94
65%
211$75✅❌❌Y / Y⭐️ 4.5 (36)
ATL Downtown 2BR King Bed Free Parking

No image available

$26,822
$94
69%
211$75✅❌❌Y / Y⭐️ 4.5 (54)
Luxurious Midtown City Apt - Second Floor Apt

No image available

$30,219
$138
53%
222$150❌❌✅Y / Y⭐️ 5 (93)
Downtown POOL 24 Concierge CityView Onsite Parking

No image available

$19,821
$78
61%
211$75✅❌❌Y / Y⭐️ 4.5 (70)

Return Metrics

-18.82% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$36,901-$73,802-$110,703-$147,604-$184,505-$369,010-$1,107,032
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$660,000$660,000$660,000$660,000$660,000$660,000$660,000
Down Payment$165,000$165,000$165,000$165,000$165,000$165,000$165,000
Property Appreciation$24,750$50,242$76,499$103,544$131,401$283,731$1,177,491
Total Return$812,848$801,440$790,796$780,940$771,895$739,720$895,459

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-18.82%

Cap Rate

2.27%

Return on Investment

-2.06%

property-location

497 Rankin St NE A Atlanta, Georgia, 30308

2 bed • 1 bath • 6 guests

Est. $3,957/mo

Agent

Inquire about this property

Contact Agent

$800,700

Zestimate

Atlanta

Guide

Zoning

Market

Guide


Laws


Market Data

-73

Airbnb Investor Score

-$36,901

Annual Profit

2.3%

Cap Rate

-18.8%

Cash on Cash

$37,277

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $202/night at 62% occupancy.Projected nightly rate is $162/night at 63% occupancy.

Top 53% of comparables

Top 36% 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.

$40,716

Avg annual revenue

63%

Avg occupancy rate

$162

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

$15k

$45k

$70k

$95k

Sign up to see the data on 40 all comparables

-$36,901

Profit

Revenue

$37,277

Operating Expenses

$18,526

Operating Income

$18,751

Mortgage & Taxes

$55,652

Profit (Cash Flow)

-$36,901

$196,000

Cash Investment

Down Payment

$165,000

Renos & Furnishing

$6,250

Closing Costs

$24,750

Total

$196,000

DSCR Ratio

Weak

0.34

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-18.82%

Cap Rate

2.27%

Profit (Cummulative)

-$36,901

$660,000

$6,250

$24,750

$0

Total Gain

-$4,046

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

$39,155

Deductible property tax

$8,167

Your total deduction

$119,495

Your adjusted annual income

$150,000 - $119,495 = $30,505


Taxes on $30,505 (30%)

$9,152

Your old tax bill

$45,000

Your new tax bill

$9,152


Estimated tax savings

$35,848

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:

3,851 sqft

Year built:

1920

Size:

2,550 sqft

Type:

MULTI_FAMILY

Parking:

-

Heating:

Forced air, Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: MULTI_FAMILY
  • Stories: -
  • Lot size: 3,851 sqft
  • Building area: 2,550 sqft
  • Garage: No
  • Heating: Forced air, gas
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central
  • View: -
  • Parking: Off-street, On-street
  • Amenities: Range / Oven, Refrigerator
  • Price per square foot: $314

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 14004700060471
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $763,700
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $800,700


Schools

  • Elementary School: Hope Hill Elementary School with 3/10 star rating
  • Middle School: David T Howard Middle School with 6/10 star rating
  • High School: Midtown High School with 7/10 star rating