BNBCalc Short Term Rental Investment Analysis 515 W Aspen St, Bozeman, MT, 59715

2 bed • 2 bath • 4 guests • $779,000

BNB

Calc

Annual Revenue

$56,741

Profit (Cash Flow)

$27,972

Cap Rate

4.6%

Annual Revenue

$56,741

AirDNA projects $239/night at 65% occupancy ($56,740). Airbtics projects $202/night at 70% occupancy ($51,645). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 65% occupancy rate, $239 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$35,399	$49,102	$72,107	$93,594
Occupancy	58%	69%	79%	91%
Nightly Rate	$162	$188	$241	$271

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Westlake Retreat:Midtown BZN	$52,881	$231	59%	2	1	2	$175	❌	❌	❌	Y / Y	⭐️ 4.9 (54)
Saddlepeak View:Midtown BZN	$42,307	$241	45%	2	2	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (38)
Peach Street Mountain Retreat - Luxury apartment i	$82,969	$282	77%	2	2	1	$200	❌	❌	✅	Y / Y	⭐️ 5 (22)
Hyalite View:Midtown Bozeman	$57,833	$251	59%	2	1	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (37)
Gorgeous Midtown Condo	$75,938	$228	91%	2	2	1	$0	✅	❌	✅	Y / Y	⭐️ 5 (141)
The Cat's Meow:Midtown Bozeman	$36,234	$186	49%	2	1	1	$175	❌	❌	❌	Y / Y	⭐️ 5 (24)
Aspen Hideout:Midtown Bozeman	$49,745	$203	61%	2	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (26)
The Big Cookie:Midtown Bozeman	$54,709	$240	59%	2	2	1	$200	❌	❌	❌	Y / Y	⭐️ 4.9 (22)
The Attic Downtown	$49,654	$142	94%	2	1	1	$20	❌	❌	✅	Y / Y	⭐️ 4.9 (682)
The Gray Box! Downtown Apartment	$41,377	$151	74%	2	1	1	$40	❌	❌	❌	Y / Y	⭐️ 5 (403)
The Bungalow Downtown	$34,782	$100	92%	2	1	1	$30	❌	❌	✅	Y / Y	⭐️ 4.8 (409)
The Adventurer's Den - Downtown Bozeman	$41,488	$130	79%	2	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (190)
Historical 2 Bedroom House Downtown (on Main St.)	$34,803	$152	59%	2	1	1	$99	❌	❌	❌	Y / Y	⭐️ 4.8 (145)
Cannery South - Sunny Two Bedroom Condo in Cannery	$47,243	$164	76%	2	2	1	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (50)
Downtown Digs (3 blocks from the center of DT)	$62,391	$215	77%	2	1	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (780)
The Cowboy Inn - Downtown Bozeman	$61,122	$173	93%	2	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (110)
The Cottage Downtown	$38,071	$108	94%	2	1	1	$30	❌	❌	✅	Y / Y	⭐️ 4.8 (542)
N 3rd gem	$47,269	$173	73%	2	2	3	$175	❌	❌	✅	Y / Y	⭐️ 4.9 (58)
Venue View: Midtown Bozeman	$41,387	$187	58%	2	1	2	$175	❌	❌	❌	Y / Y	⭐️ 4.9 (18)
Montana Luxury Condo at its Best!	$70,543	$344	54%	2	2	2	$235	❌	❌	❌	Y / Y	⭐️ 5 (42)
Charming downtown cottage	$42,463	$169	66%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (50)
Wentworth Condo	$47,004	$215	58%	2	1	2	$100	✅	❌	✅	Y / Y	⭐️ 5 (47)
Peach House	$46,478	$190	62%	2	2	3	$255	❌	✅	❌	Y / Y	⭐️ 4.9 (24)
Bozeman Experience-Walk downtown	$88,719	$342	70%	2	1	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (35)
Stylish 2-br condo in charming downtown Bozeman	$47,860	$178	70%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (96)
Downtown Bobcat Penthouse with Bridger Mtn. Views!	$61,354	$213	76%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (75)
West Olive Cottage	$55,373	$270	55%	2	1	3	$255	❌	❌	❌	Y / Y	⭐️ 5 (30)
Downtown Bungalow - side door	$31,353	$127	65%	2	1	1	$60	❌	❌	❌	Y / Y	⭐️ 4.8 (345)
Downtown Bozeman Bungalow - 2 blocks from Main St.	$45,591	$185	66%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (284)
Olive House - downtown retreat	$44,868	$149	76%	2	1	3	$125	❌	❌	❌	Y / Y	⭐️ 4.9 (140)
Downtown Luxury + Outdoor Patio~ Walk Everywhere	$102,264	$308	89%	2	1	1	$175	❌	❌	❌	Y / Y	⭐️ 5 (237)
Brick and Iron House, NE Bozeman	$53,294	$245	58%	2	1	2	$85	❌	❌	✅	Y / Y	⭐️ 4.9 (59)
Downtown Luxury Loft	$80,130	$245	88%	2	2	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (59)
Modern Midtown Loft	$58,803	$183	86%	2	2	3	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (60)
Renovated Townhouse in the Heart of Bozeman	$60,877	$243	68%	2	1	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (66)
New! Wonderful location! The Amble on Inn.	$47,875	$259	50%	2	2	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (46)
Red Chair Townhouse	$52,432	$178	80%	2	1	3	$65	❌	❌	❌	N / Y	⭐️ 4.8 (166)
Little Yellow House - Downtown Charming 2 BDRM	$42,140	$207	54%	2	1	2	$125	❌	❌	✅	Y / Y	⭐️ 4.9 (52)
Bozeman 406 Downtown Loft with Indoor Parking!	$32,452	$158	53%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (156)
2 bedroom apt in the heart of downtown Bozeman	$48,583	$147	87%	2	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (73)

Return Metrics

15.06% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$27,972	$55,944	$83,916	$111,889	$139,861	$279,722	$839,168
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$623,200	$623,200	$623,200	$623,200	$623,200	$623,200	$623,200
Down Payment	$155,800	$155,800	$155,800	$155,800	$155,800	$155,800	$155,800
Property Appreciation	$23,370	$47,441	$72,234	$97,771	$124,074	$267,910	$1,111,837
Total Return	$830,342	$882,385	$935,151	$988,660	$1,042,935	$1,326,633	$2,730,005

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

15.06%

Cap Rate

4.58%

Return on Investment

31.77%

515 W Aspen St Bozeman, Montana, 59715

2 bed • 2 bath • 4 guests

Purchase Price

Est. $3,736/mo

This property is for sale!

Contact Agent

Airbnb Investor Score

-$16,864

Annual Profit

4.6%

Cap Rate

15.1%

Cash on Cash

$56,741

Annual Revenue

BNBCalc predicts this property will get $202 per night with 70% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 58% 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.

$52,816

Avg annual revenue

70%

Avg occupancy rate

$202

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

$30k

$55k

$80k

$105k

$27,972

Profit

Revenue

$56,741

Operating Expenses

$21,056

Operating Income

$35,684

Mortgage & Taxes

$7,712

Profit (Cash Flow)

$27,972

$185,670

Cash Investment

Down Payment

$155,800

Renos & Furnishing

$6,500

Closing Costs

$23,370

Total

$185,670

DSCR Ratio

Weak

0.68

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

15.06%

Cap Rate

4.58%

Return on Investment

31.77%

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

$36,972

Deductible property tax

$7,712

Your total deduction

$94,936

Your adjusted annual income

$150,000 - $94,936 = $55,064

Taxes on $55,064 (30%)

$16,519

Your old tax bill

$45,000

Your new tax bill

$16,519

Estimated tax savings

$28,481

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:

2020

Size:

2,336 sqft

Type:

CONDO

Parking:

Heating:

Yes

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Year Built	Last Sale	Days on Market
519 N 19th Ave	3	2	1,467	-	1994	$0	-
116 N Bozeman Ave	2	2	1,872	-	2020	$0	-
527 E Mendenhall St	3	3	2,482	-	2016	$0	-
122 S 15th Ave	2	1	1,512	-	1976	$0	-
116 N Bozeman Ave	2	2	1,022	-	2020	$0	-
116 N Bozeman Ave	2	2	1,292	-	2020	$0	-
515 W Aspen St	2	1	1,074	-	2020	$0	-
515 W Aspen St	1	1	888	-	2020	$0	-
209 S 9th Ave	3	3	1,994	-	2004	$0	1
115 W Peach St	3	1	1,489	-	1938	$0	-

Property Details

MLS Status: Active

Property Use: Condominium Unit (Residential)

Stories: 4

Lot size: -

Building area: 2,336 sqft

Garage: No

Heating: Yes

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 06-0798-01-3-02-18-7999

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2024

Assessed Value: $741,050

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $741,050

Market Estimate: -

Ownership

Name: Aspen Land Co Llc

Owner Occupied: No

Owner Mailing Address: 515 W Aspen St Ste 105, Bozeman, MT 59715

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $14,423,000

Financed amount: -

Owner Type: Individual

Lien: N/A

Inherited: N/A

Foreclosure: No