BNBCalc Short Term Rental Investment Analysis 508 Indianola Rd, Des Moines, IA 50315

2 bed • 1 bath • 6 guests • $449,000

BNB

Calc

Annual Revenue

$34,121

Profit (Cash Flow)

-$14,283

Cap Rate

3.6%

Annual Revenue

$34,121

Revenue data could not be found for this address

BNB Calc projects a 54% occupancy rate, $173 rate per night.

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

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Frontdesk \| Roomy 2BR Apt in Downtown	$29,276	$107	69%	2	1	1	$30	❌	❌	❌	Y / Y	⭐️ 4.5 (161)
Luxury in Downtown Des Moines	$54,985	$164	85%	2	2	2	$105	✅	✅	✅	Y / Y	⭐️ 4.5 (88)
Cozy Boho-Chic Downtown 2BD/2BR	$35,121	$118	75%	2	2	1	$70	✅	❌	✅	Y / Y	⭐️ 5 (57)
CSquared Casa - DSM	$27,278	$100	67%	2	2	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (32)
10th Floor Condo in Historic Kirkwood Hotel	$33,949	$232	37%	2	2	2	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (187)
Downtown Loft Skyline View 2BR	$39,549	$121	85%	2	2	1	$70	❌	❌	✅	Y / Y	⭐️ 4.9 (57)
Downtown Dream 2br w/ City Views 2 blocks to Court	$29,250	$120	63%	2	1	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (13)
City Oasis 2br w/ Skyline Views	$42,651	$120	96%	2	1	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (4)
Downtown Des Moines Gem!	$52,723	$179	72%	2	2	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (70)
Beautiful 2BR/2BA in Bldg connected to Skywalk	$32,904	$141	61%	2	2	1	$95	✅	❌	❌	Y / Y	⭐️ 4.4 (5)

Return Metrics

-13.04% 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)	-$14,282	-$28,565	-$42,848	-$57,131	-$71,413	-$142,827	-$428,483
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$359,200	$359,200	$359,200	$359,200	$359,200	$359,200	$359,200
Down Payment	$89,800	$89,800	$89,800	$89,800	$89,800	$89,800	$89,800
Property Appreciation	$13,470	$27,344	$41,634	$56,353	$71,514	$154,418	$640,840
Total Return	$448,187	$447,778	$447,786	$448,222	$449,100	$460,590	$661,357

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.04%

Cap Rate

3.56%

Return on Investment

3.28%

508 Indianola Rd Des Moines, IA, 50315

2 bed • 1 bath • 6 guests

Purchase Price

Est. $2,154/mo

This property is for sale!

Contact Agent

-46

Airbnb Investor Score

-$14,282

Annual Profit

3.6%

Cap Rate

-13.0%

Cash on Cash

$34,121

Annual Revenue

Revenue data could not be found for this address

Occupancy Rate

Top 81% of comparables

Avg Daily Rate

Top 11% of comparables

10 Airbnb Comparables

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

$37,768

Avg annual revenue

71%

Avg occupancy rate

$140

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

$35k

$45k

$55k

-$14,283

Profit

Revenue

$34,121

Operating Expenses

$18,116

Operating Income

$16,005

Mortgage & Taxes

$30,288

Profit (Cash Flow)

-$14,283

$109,520

Cash Investment

Down Payment

$89,800

Renos & Furnishing

$6,250

Closing Costs

$13,470

Total

$109,520

DSCR Ratio

Weak

0.53

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-13.04%

Cap Rate

3.56%

Return on Investment

3.28%

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

$21,310

Deductible property tax

$4,445

Your total deduction

$59,627

Your adjusted annual income

$150,000 - $59,627 = $90,373

Taxes on $90,373 (30%)

$27,112

Your old tax bill

$45,000

Your new tax bill

$27,112

Estimated tax savings

$17,888

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:

Year built:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -