BNBCalc Short Term Rental Investment Analysis 575 Prospect St

4 bed • 2 bath • 12 guests • $501,300

BNB

Calc

Report by:

Joseph wolls andy

jwolls10@gmail.com

Annual Revenue

$96,249

Profit (Cash Flow)

$36,241

Cap Rate

14.0%

Annual Revenue

$96,249

AirDNA projects $432/night at 61% occupancy ($96,249). Airbtics projects $349/night at 66% occupancy ($84,130). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 61% occupancy rate, $432 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$53,424	$79,908	$118,573	$184,331
Occupancy	56%	65%	78%	91%
Nightly Rate	$257	$329	$404	$541

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Luxury Newly renovated unit	$84,786	$325	68%	4	2	3	$300	❌	❌	❌	Y / Y	⭐️ 5 (35)
Charming 4-Bedroom Colonial	$64,898	$222	78%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (57)
Nana-tucket Inn	$167,944	$751	61%	4	3	3	$250	✅	✅	❌	Y / Y	⭐️ 5 (149)
Entire 4 BR Luxury Townhouse Condo w/Parking	$41,515	$121	91%	4	3	4	$135	❌	❌	✅	Y / Y	⭐️ 4.7 (194)
Breathtaking Farm House in Rowley!	$130,597	$345	100%	4	3	2	$155	❌	❌	❌	Y / Y	⭐️ 5 (115)
Beautiful Lake House with Private Beach	$68,225	$308	59%	4	1	2	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (79)
4 Corners At Amesbury \| Downtown \| Pet Friendly	$71,087	$305	61%	4	1	2	$199	❌	❌	✅	Y / Y	⭐️ 5 (54)
Nashua Victorian	$37,721	$232	44%	4	1	1	$30	❌	❌	❌	Y / Y	⭐️ 5 (249)
John Edwards House	$143,871	$584	66%	4	3	2	$200	❌	❌	❌	Y / Y	⭐️ 4.8 (300)
Lake Access 4 Bed 3 Full Bath	$153,869	$620	66%	4	3	2	$285	❌	❌	❌	Y / Y	⭐️ 4.6 (42)
Private & Convenient Home in Danvers	$96,112	$263	99%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (144)
Secluded Estate Home w/ Indoor & Outdoor Amenities	$217,314	$650	91%	4	3	3	$250	✅	✅	✅	Y / Y	⭐️ 5 (64)
Salems Historic Japanese House	$59,655	$319	51%	4	1	2	$50	❌	❌	✅	Y / Y	⭐️ 4.7 (26)
Salem/Beverly Last minute Christmas opening!	$40,803	$162	68%	4	1	3	$100	❌	❌	✅	Y / Y	⭐️ 4.8 (297)
Steps to Downtown \| Rooftop Deck \| Flexible Temp S	$86,850	$383	59%	4	3	2	$225	❌	❌	❌	Y / Y	⭐️ 4.9 (157)
Charming New England 1825 Salem, NH Farmhouse	$54,782	$259	54%	4	2	1	$180	❌	❌	✅	Y / Y	⭐️ 4.7 (49)
Tewksbury, MA --5 night minimum stay--4 beds, 2.5 baths, quiet street, 5 min drive to shops	$84,774	$253	90%	4	3	5	$125	❌	❌	❌	Y / Y	⭐️ 5 (51)
Linden Cottage - comfort, connection, convenience	$103,267	$360	77%	4	2	2	$149	❌	❌	✅	Y / Y	⭐️ 5 (83)
Historic home w/ charming courtyard	$102,813	$390	68%	4	2	2	$250	❌	❌	✅	Y / Y	⭐️ 4.9 (99)
Large, Comfortable & Conveniently located Home	$74,604	$250	80%	4	2	3	$200	❌	❌	✅	Y / Y	⭐️ 5 (77)
Family-Friendly - Tiki Bar Backyard in Dtwn Salem!	$68,411	$269	64%	4	2	1	$225	❌	❌	✅	Y / Y	⭐️ 4.9 (134)
Broom & Board: Sleek & Modern, Fast WiFi, Walk2All	$93,412	$423	60%	4	2	2	$260	❌	❌	❌	Y / Y	⭐️ 4.7 (87)
Lake House, Hot Tub/Lake/Firepit/BBQ	$47,466	$159	75%	4	2	2	$200	❌	✅	❌	Y / Y	⭐️ 5 (75)
Salem Charm Meets Modern Luxury Next to Downtown	$101,542	$358	76%	4	2	1	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (587)
Mount Vernon Ranch	$34,587	$350	27%	4	1	4	$0	❌	❌	❌	Y / N	⭐️ 5 (1)
Salem Contemporary Farmhouse	$67,438	$192	90%	4	3	1	$200	❌	❌	❌	N / N	⭐️ 5 (17)
4 Bedroom Wooded Gemstone Retreat	$40,680	$214	48%	4	2	2	$180	❌	❌	❌	Y / Y	⭐️ 5 (21)
Spacious Home - Hot Tub-Fireplace-Gym-Yard-Garage	$115,960	$537	59%	4	4	30	$350	❌	✅	❌	Y / Y	⭐️ 5 (4)
RiverView: Near Pubs Shops Train	$54,683	$266	55%	4	2	2	$260	❌	❌	❌	Y / Y	⭐️ 4.3 (74)
Lake House with private dock, boats	$101,561	$282	98%	4	3	4	$120	❌	❌	❌	Y / Y	⭐️ 4.8 (37)
Modern 4 Bed 2 Bath home W/ Private outdoor space	$98,403	$309	85%	4	2	2	$225	❌	❌	✅	Y / Y	⭐️ 4.8 (160)
Private Waterfront home	$96,042	$442	59%	4	2	3	$225	❌	❌	❌	Y / Y	⭐️ 5 (19)
4bd apartment in Lowell ma	$33,588	$161	57%	4	1	30	$0	❌	❌	❌	Y / N	⭐️ 0 (0)
Riverbend Landing: Gourmet Kitchen 4 Luxury Suites	$78,726	$478	45%	4	5	2	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (65)
4BR cottage with firepit, AC, & Ping-Pong	$59,365	$333	40%	4	2	2	$299	❌	❌	❌	Y / Y	⭐️ 4.7 (5)
Hygge House Retreat	$92,583	$527	48%	4	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.4 (19)
Luxury Farmhouse near Newburyport	$115,078	$398	79%	4	3	30	$200	✅	❌	❌	Y / Y	⭐️ 5 (4)
Hollyhock: Pvt Pool Open!, Fenced Yard, Walk2Ocean	$60,682	$356	44%	4	2	2	$310	✅	❌	✅	Y / Y	⭐️ 4.8 (12)
Villaggio by the Sea	$113,939	$426	71%	4	3	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (23)
Windham Pine Lodge	$85,079	$394	59%	4	3	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (3)

Return Metrics

28.8% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$36,240	$72,481	$108,721	$144,962	$181,202	$362,405	$1,087,217
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$401,040	$401,040	$401,040	$401,040	$401,040	$401,040	$401,040
Down Payment	$100,260	$100,260	$100,260	$100,260	$100,260	$100,260	$100,260
Property Appreciation	$15,039	$30,529	$46,484	$62,917	$79,844	$172,405	$715,486
Total Return	$552,579	$604,310	$656,505	$709,179	$762,347	$1,036,111	$2,304,004

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

28.8%

Cap Rate

13.97%

Return on Investment

44.67%

575 Prospect St Methuen, Massachusetts, 01844

4 bed • 2 bath • 12 guests

Purchase Price

Est. $2,404/mo

Inquire about this property

Contact Joseph

$501,300

Zestimate

160

Airbnb Investor Score

$36,240

Annual Profit

14.0%

Cap Rate

28.8%

Cash on Cash

$96,249

Annual Revenue

BNBCalc predicts this property will get $349 per night with 66% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 21% of comparables

Seasonality

40 Airbnb Comparables

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

$86,117

Avg annual revenue

66%

Avg occupancy rate

$349

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

$35k

$95k

$155k

$220k

$36,241

Profit

Revenue

$96,249

Operating Expenses

$26,192

Operating Income

$70,057

Mortgage & Taxes

$33,816

Profit (Cash Flow)

$36,241

$125,799

Cash Investment

Down Payment

$100,260

Renos & Furnishing

$10,500

Closing Costs

$15,039

Total

$125,799

DSCR Ratio

Strong

2.07

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

28.8%

Cap Rate

13.97%

Return on Investment

44.67%

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

$23,792

Deductible property tax

$4,963

Your total deduction

$10,181

Your adjusted annual income

$150,000 - $10,181 = $139,819

Taxes on $139,819 (30%)

$41,946

Your old tax bill

$45,000

Your new tax bill

$41,946

Estimated tax savings

$3,054

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:

24,437 sqft

Year built:

1835

Size:

5,649 sqft

Type:

SFR

Parking:

Heating:

Hot Water

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
12 Hobart Rd	4	2	6,582	-	17,642	1997	$0	-
26 Milk Ave	3	1	3,038	-	11,021	1955	$0	-
4 Timber Ln	3	1	3,476	-	13,809	1935	$640,000	-
1 Arbor Glen Ln	3	2	2,278	-	15,594	1985	$0	-
2 Hickory Ln	3	1	3,436	-	17,380	1971	$620,000	-
412 Oak St	3	1	3,050	-	10,106	1961	$0	-
23 Milk Ave	2	1	2,449	-	5,924	1955	$530,000	-
11 Timber Ln	3	2	5,771	-	15,507	1956	$647,000	-
17 Buttonwood Dr	4	2	3,188	-	17,206	2002	$0	783
497 Prospect St	3	1	5,382	-	18,469	1900	$730,000	-

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: -

Lot size: 24,437 sqft

Building area: 5,649 sqft

Garage: No

Heating: Hot water

Pool: Yes

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: RC

Land Use: Residential

Parcel Number: METH M:00814 B:00080 L:00001

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2024

Assessed Value: $584,400

County Est. Land Value: -

Assessed Land Value: $211,100

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
05/24/21	$0	0%	Wolls A Joseph
11/20/19	$395,000	98%	Wolls A Joseph, Samy Joseph
Invalid Date	$0	0%	Louis J Beathley Jr, Kiersten Beathley
Invalid Date	$328,000	80%	Louis J Beathley Jr
Invalid Date	$108,000	98%	Steve L Jutras

Ownership

Name: Wolls A Joseph

Owner Occupied: Yes

Owner Mailing Address: 575 Prospect St, Methuen, MA 01844

Years Owned: 43

Home Equity: -

Mortgage Balance Remaining: $389,000

Financed amount: 98%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No