BNBCalc Short Term Rental Rental Arbitrage Analysis 500 South Dearborn Street, Chicago, Illinois 60605, United States

1 bed • 1 bath • 3 guests • $0

BNB

Calc

Annual Revenue

$62,128

Profit (Cash Flow)

$16,359

Cash on Cash Return

250.1%

Annual Revenue

$62,128

AirDNA projects $270/night at 63% occupancy ($62,128).

BNB Calc projects a 63% occupancy rate, $270 rate per night.

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

Return Metrics

250.1% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$16,359	$32,718	$49,078	$65,437	$81,796	$163,593	$490,780
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	$16,359	$32,718	$49,078	$65,437	$81,796	$163,593	$490,780

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

250.1%

Payback Period Days

146

Return on Investment

250.1%

500 S Dearborn St 819 Chicago, Illinois, 60605-1503

1 bed • 1 bath • 3 guests

Monthly Rent

Inquire about this property

Contact Agent

$2,495

Zestimate

Chicago

Guide

Zoning

Market

Guide

Laws

Market Data

$62,128

Annual Revenue

Projected nightly rate is $270/night at 63% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$16,359

Profit

Revenue

$62,128

Operating Expenses

$19,477

Operating Income

$42,651

Net Effective Rent

$26,292

Profit (Cash Flow)

$16,359

$6,541

Cash Investment

Renos & Furnishing

$4,250

Setup Costs

$2,291

Total

$6,541

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

250.1%

Payback Period Days

146

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

6,543 sqft

Year built:

Size:

Type:

OTHER

Parking:

Heating:

NONE

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Exempt (Full Or Partial)

Stories: 0

Lot size: 6,543 sqft

Building area: -

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: OTHER / UNKNOWN

Parcel Number: 17-16-245-018

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2021

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
10/26/19	$0	0%	Vacation Trust Inc
04/02/19	$1,079,500	0%	Second City Resorts Llc
10/02/18	$714,000	0%	Second City Resorts Llc
09/12/18	$1,721,500	0%	Vacation Trust Inc
09/11/18	$1,097,500	0%	Second City Resorts Llc
08/07/18	$1,097,500	0%	Second City Resorts Llc
07/01/18	$1,097,500	0%	Second City Resorts Llc
02/26/18	$0	0%	Vacation Trust Inc
09/26/16	$1,721,500	1%	Vacation Trust Inc
01/14/16	$1,721,500	3%	Vacation Trust Inc

Ownership

Name: Not Available From County

Owner Occupied: No

Owner Mailing Address:

Years Owned: 48

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 3.0899%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No

Schools

High School: Wells Community Academy High School with 1/10 star rating