BNBCalc Short Term Rental Investment Analysis 5 Harbor Hill Ln, Saranac Lake, NY, 12983

1 bed • 1 bath • 3 guests • $384,700

BNB

Calc

Annual Revenue

$38,135

Profit (Cash Flow)

-$6,453

Cap Rate

5.1%

Annual Revenue

$38,135

AirDNA projects $205/night at 55% occupancy ($41,181). Airbtics projects $197/night at 53% occupancy ($38,135). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 53% occupancy rate, $197 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$16,529	$29,877	$50,403	$135,161
Occupancy	39%	53%	66%	73%
Nightly Rate	$113	$150	$204	$499

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Tamarac Romantic Waterfront Cabin For Two.	$63,152	$230	71%	1	1	1	$125	❌	✅	✅	Y / Y	⭐️ 5 (111)
Birch Suite A Romantic Adirondack Private Suite	$49,474	$207	61%	1	1	1	$125	❌	✅	✅	N / Y	⭐️ 5 (42)
Lakefront Cottage, Lake Flower, Saranac Lake, NY	$55,712	$202	74%	1	1	2	$100	❌	❌	✅	N / Y	⭐️ 5 (248)
Baker Cabin at Colden Lodge on Lake Flower	$60,555	$230	70%	1	1	1	$125	❌	✅	✅	N / Y	⭐️ 5 (175)
Lakefront Cottage on Lake Flower, Saranac Lake, NY	$50,281	$204	66%	1	1	2	$125	❌	❌	✅	N / Y	⭐️ 5 (148)
Historic Cabin Retreat - In Town and On the Lake!	$33,486	$168	52%	1	1	1	$50	❌	❌	❌	N / Y	⭐️ 5 (284)
May Deals, On Lake Flower, Lake Views, Retro Vibe	$31,443	$121	71%	1	1	2	$0	❌	❌	❌	Y / N	⭐️ 5 (230)
Minutes to Rail Trail, mountains, Lake Placid!	$27,956	$170	43%	1	1	1	$50	❌	❌	✅	Y / Y	⭐️ 5 (272)
Charming one bedroom apartment on the lake flower!	$23,494	$130	48%	1	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (103)
Saranac Lake Studio	$13,874	$73	49%	1	1	1	$39	❌	❌	✅	N / N	⭐️ 4.5 (240)
Cozy Cabin Adirondack Getaway	$43,866	$171	68%	1	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (167)
Adirondack Lakes and Trails Landing	$32,811	$179	49%	1	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (67)
Historic Colonial Revival 1BRM Apt	$22,868	$110	54%	1	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (78)
Cozy quiet space close to outdoor recreation.	$17,787	$77	60%	1	1	1	$35	❌	✅	✅	N / N	⭐️ 5 (350)
Hilltop Haven	$29,333	$109	73%	1	1	1	$15	❌	❌	❌	Y / Y	⭐️ 5 (84)
Sparkling clean cabin near trails & Lake Placid!	$35,461	$180	52%	1	1	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (512)
Comfortable & Renovated Apt.	$24,337	$124	53%	1	1	2	$35	❌	❌	❌	N / Y	⭐️ 5 (589)
Canary Cabin	$32,344	$137	63%	1	1	2	$50	❌	✅	❌	N / Y	⭐️ 5 (452)
Village Nook-1BR Apt-on Rail Trail, walk downtown	$31,521	$152	56%	1	1	2	$40	❌	❌	❌	Y / Y	⭐️ 5 (245)
Village Hideaway-efficiency/private entrance &bath	$18,171	$103	48%	1	1	2	$15	❌	❌	❌	N / Y	⭐️ 5 (131)
ADK New Luxury Suite Downtown on Main	$33,431	$119	75%	1	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (17)
Modern 1-Bedroom Apartment With Off-Street Parking	$19,431	$91	55%	1	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (113)
The Olive Escape off of Main St. In Saranac Lake	$24,604	$102	63%	1	1	1	$90	❌	❌	✅	Y / Y	⭐️ 5 (55)
Historic ADK 1 Bd Apartment Main Street	$15,182	$98	40%	1	1	2	$50	❌	❌	❌	N / Y	⭐️ 5 (69)
Jon's Loj - Private 1-bedroom Adirondack apartment	$25,112	$102	66%	1	1	2	$25	❌	❌	❌	N / Y	⭐️ 5 (140)
The Micro - A Wee House with BIG style	$35,840	$99	98%	1	1	1	$30	❌	❌	❌	N / Y	⭐️ 5 (495)
Haven by the Lake \| Biking. Fitness Room. Hot Tub.	$58,443	$499	32%	1	1	1	$0	✅	❌	❌	N / Y	⭐️ 4.7 (96)
Waterside Oasis \| Kayak. Indoor Pool. Lake Views.	$34,701	$499	19%	1	1	1	$0	✅	❌	❌	N / Y	⭐️ 4.8 (34)
Lake Getaway \| Kayak. Indoor Pool. Hot Tub.	$31,048	$499	17%	1	1	1	$0	✅	❌	❌	N / Y	⭐️ 4.8 (25)
All Season Fish Cabin on Lake Colby, Saranac Lake	$36,046	$251	39%	1	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (45)
Apartment 2 bdrm sleeps 5 w/ kitchenette, 2nd flr	$34,042	$131	71%	1	1	2	$0	❌	❌	❌	N / Y	⭐️ 5 (152)
Lakeside Retreat \| Biking. Pool. Water Activities.	$34,701	$499	19%	1	1	1	$0	✅	❌	❌	N / Y	⭐️ 5 (22)
Saranac Lake Oasis \| Kayak. Pool. Lake Views.	$73,053	$499	40%	1	1	1	$0	✅	❌	❌	N / Y	⭐️ 5 (20)
Lakeshore Sanctuary \| Biking. Fitness Room. Kayak.	$40,179	$499	22%	1	1	1	$0	✅	❌	❌	N / Y	⭐️ 4.3 (13)
Waterfront Loft	$25,720	$115	60%	1	1	2	$50	❌	❌	✅	Y / Y	⭐️ 5 (87)
Lake Flower Views in Saranac Lake	$16,864	$116	27%	1	1	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (4)
Moody Pond and Baker Mt.	$43,349	$126	94%	1	1	4	$0	❌	❌	❌	N / Y	⭐️ 5 (196)
Traverse Lodge Base Camp Cabin 8	$22,750	$168	37%	1	1	1	$0	❌	❌	❌	N / Y	⭐️ 5 (7)
Traverse Lodge Base Camp Cabin 9	$23,366	$168	38%	1	1	1	$0	❌	❌	❌	N / Y	⭐️ 0 (2)
Lakefront Suite, Lake Flower, Saranac Lake, NY	$18,925	$148	32%	1	1	2	$100	❌	❌	✅	N / N	⭐️ 4.8 (82)

Return Metrics

-6.95% 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)	-$6,453	-$12,906	-$19,359	-$25,812	-$32,265	-$64,530	-$193,592
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$307,760	$307,760	$307,760	$307,760	$307,760	$307,760	$307,760
Down Payment	$76,940	$76,940	$76,940	$76,940	$76,940	$76,940	$76,940
Property Appreciation	$11,541	$23,428	$35,672	$48,283	$61,272	$132,304	$549,067
Total Return	$389,787	$395,222	$401,012	$407,170	$413,707	$452,473	$740,175

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-6.95%

Cap Rate

5.06%

Return on Investment

9.56%

5 Harbor Hill Ln Saranac Lake, New York, 12983

1 bed • 1 bath • 3 guests

Purchase Price

Est. $1,845/mo

Inquire about this property

Contact Agent

$384,700

Zestimate

-16

Airbnb Investor Score

-$6,453

Annual Profit

5.1%

Cap Rate

-7.0%

Cash on Cash

$38,135

Annual Revenue

BNBCalc predicts this property will get $197 per night with 53% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 28% of comparables

Seasonality

40 Airbnb Comparables

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

$33,617

Avg annual revenue

53%

Avg occupancy rate

$197

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

$35k

$55k

$75k

-$6,453

Profit

Revenue

$38,135

Operating Expenses

$18,638

Operating Income

$19,498

Mortgage & Taxes

$25,951

Profit (Cash Flow)

-$6,453

$92,731

Cash Investment

Down Payment

$76,940

Renos & Furnishing

$4,250

Closing Costs

$11,541

Total

$92,731

DSCR Ratio

Weak

0.75

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-6.95%

Cap Rate

5.06%

Return on Investment

9.56%

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

$18,258

Deductible property tax

$3,809

Your total deduction

$45,151

Your adjusted annual income

$150,000 - $45,151 = $104,849

Taxes on $104,849 (30%)

$31,455

Your old tax bill

$45,000

Your new tax bill

$31,455

Estimated tax savings

$13,545

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:

1,306 sqft

Year built:

1940

Size:

531 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Propane Stove

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 1,306 sqft

Building area: 531 sqft

Garage: No

Heating: Propane stove

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: Lake

Parking: -

Amenities: Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater

Price per square foot: $724

Lot Info

Zoning: -

Land Use: -

Parcel Number: 32.24611.140

Flood Zone: Yes, Zone High risk: Special Flood Hazard Area (SFHA), high flood risk

Tax Info

Year Assessed: 2024

Assessed Value: $271,900

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $384,700

Schools

Middle School: Saranac Lake Middle School with 5/10 star rating
High School: Saranac Lake Senior High School with 6/10 star rating