BNBCalc Short Term Rental Investment Analysis 5757 N Sheridan Rd

2 bed • 2 bath • 5 guests • $190,000

BNB

Calc

Annual Revenue

$39,607

Profit (Cash Flow)

$7,961

Cap Rate

10.9%

Annual Revenue

$39,607

AirDNA projects $196/night at 56% occupancy ($40,089). Airbtics projects $143/night at 67% occupancy ($34,994). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 56.00000000000001% occupancy rate, $194 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$23,225	$41,533	$48,159	$60,356
Occupancy	56%	68%	73%	84%
Nightly Rate	$109	$159	$172	$187

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Cozy Quiet Flat in Edgewater Glen	$28,040	$165	45%	2	1	2	$45	❌	❌	❌	Y / Y	⭐️ 5 (85)
Andersonville's Secret Garden: 2 beds, 1 bath	$55,769	$202	74%	2	1	3	$75	❌	❌	✅	Y / Y	⭐️ 5 (88)
Urban Garden Retreat, Chic Andersonville Getaway	$48,097	$192	68%	2	1	3	$95	❌	❌	❌	Y / Y	⭐️ 5 (74)
Hollywood Nights	$33,639	$159	48%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (29)
Quiet city getaway by beach in fun neighborhood	$47,610	$170	73%	2	1	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (60)
Charming 2nd Floor Apt in Edgewater Brick Flat	$42,526	$157	73%	2	1	3	$35	❌	❌	❌	Y / Y	⭐️ 4.8 (32)
Newly Renovated, Spacious 2BR in Andersonville	$59,633	$164	96%	2	1	3	$95	❌	❌	✅	Y / Y	⭐️ 5 (107)
Edgewater escape, charming 2 BR, Rooftop Solar	$22,671	$95	60%	2	1	2	$85	❌	❌	❌	Y / Y	⭐️ 4.9 (298)
Andersonville 2 bed with modern kitchen + bath	$50,521	$181	73%	2	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (66)
Elegant Hideaway in the Heart of Andersonville	$60,517	$174	90%	2	1	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (82)
Centrally Located Swedish Design Andersonville 2bd	$22,237	$82	65%	2	1	1	$102	❌	❌	❌	Y / Y	⭐️ 4.9 (16)
Modern Vintage Walkable to Dining & Lakeshore	$42,518	$147	77%	2	1	2	$69	❌	❌	❌	Y / Y	⭐️ 5 (32)
Poppin’ Edgewater Vast & New 2br	$21,609	$123	48%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.3 (14)
2-Bedroom Cozy Apt in Prime Location	$18,530	$67	64%	2	1	1	$80	❌	❌	❌	N / Y	⭐️ 4.8 (30)
City Charm 2BR Apartment	$16,425	$71	53%	2	1	1	$80	❌	❌	❌	N / Y	⭐️ 4.5 (18)

Return Metrics

15.85% 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)	$7,961	$15,922	$23,883	$31,845	$39,806	$79,612	$238,838
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$152,000	$152,000	$152,000	$152,000	$152,000	$152,000	$152,000
Down Payment	$38,000	$38,000	$38,000	$38,000	$38,000	$38,000	$38,000
Property Appreciation	$5,700	$11,571	$17,618	$23,846	$30,262	$65,344	$271,179
Total Return	$203,661	$217,493	$231,501	$245,691	$260,068	$334,956	$700,018

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

15.85%

Cap Rate

10.93%

Return on Investment

30.93%

5757 N Sheridan Rd 15J Chicago, Illinois, 60660

2 bed • 2 bath • 5 guests

Purchase Price

Est. $911/mo

Inquire about this property

Contact Agent

$242,100

Zestimate

Chicago

Guide

Zoning

Market

Guide

Laws

Market Data

$39,607

Annual Revenue

This property is projected to be in the top 44% revenue percentile compared to similar properties nearby.
Projected nightly rate is $196/night at 56% occupancy.Projected nightly rate is $143/night at 67% occupancy.

Occupancy Rate

Top 74% of comparables

Avg Daily Rate

Top 8% of comparables

Seasonality

15 Airbnb Comparables

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

$38,022

Avg annual revenue

67%

Avg occupancy rate

$143

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

$30k

$45k

$60k

$7,961

Profit

Revenue

$39,607

Operating Expenses

$18,829

Operating Income

$20,778

Mortgage & Taxes

$12,817

Profit (Cash Flow)

$7,961

$50,200

Cash Investment

Down Payment

$38,000

Renos & Furnishing

$6,500

Closing Costs

$5,700

Total

$50,200

DSCR Ratio

Strong

1.62

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

15.85%

Cap Rate

10.93%

Return on Investment

30.93%

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

$9,018

Deductible property tax

$1,881

Your total deduction

$18,277

Your adjusted annual income

$150,000 - $18,277 = $131,723

Taxes on $131,723 (30%)

$39,517

Your old tax bill

$45,000

Your new tax bill

$39,517

Estimated tax savings

$5,483

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:

20,790 sqft

Year built:

1968

Size:

Type:

CONDO

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
5701 N Sheridan Rd Apt 17h	1	1	0	-	72,310	1966	$175,000	21
5733 N Sheridan Rd Apt 15c	2	2	0	-	33,184	1969	$360,000	95
5701 N Sheridan Rd Apt 22t	2	2	0	-	72,310	1966	$310,000	-
5601 N Sheridan Rd Apt 20c	-	-	0	-	12,100	1968	$160,000	-
5757 N Sheridan Rd Apt 7f	1	1	0	-	20,790	1968	$160,000	19
5757 N Sheridan Rd Apt 2j	2	2	1,100	-	20,790	1968	$167,500	530
5601 N Sheridan Rd Apt 6d	1	1	0	-	12,100	1968	$147,000	52
5701 N Sheridan Rd Apt 5r	1	1	0	-	72,310	1966	$160,000	53
5701 N Sheridan Rd Apt 4q	1	1	0	-	72,310	1966	$184,000	49
5701 N Sheridan Rd Apt 10q	1	1	0	-	72,310	1966	$205,000	40

Property Details

MLS Status: property-details-mls-status-sold

Property Use: Condominium

Stories: 23

Lot size: 20,790 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: Residential

Parcel Number: 14-05-407-016-1018

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $7,069

County Est. Land Value: $5,430

Assessed Land Value: $543

County Est. Structure Value: $65,260

Market Estimate: $233,991

Sale history

Date	Sale Price	% Financed	Buyer
09/22/22	$120,000	84%	Ottmar A Alvarez
05/15/19	$0	0%	Plauche Family Llc
04/07/17	$105,000	0%	Ward Plauche, Ginger Plauche
08/17/16	$0	0%	Jva Il Llc
05/16/16	$64,000	0%	Jca Fund 11 Llc Series Holding
06/24/16	$0	0%	Jca Fund 11 Llc Series 5757
Invalid Date	$0	0%	Chicago Land Trust Co Trustee
Invalid Date	$50,000	0%	Andrew Lee

Ownership

Name: Ottmar A Alvarez

Owner Occupied: Yes

Owner Mailing Address: 5757 N Sheridan Rd Apt 19e, Chicago, Il 60660

Years Owned: 19

Home Equity: -

Mortgage Balance Remaining: $101,795

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

High School: Senn High School with 2/10 star rating