BNBCalc Short Term Rental Rental Arbitrage Analysis 59 Mill St, Binghamton, NY, 13903

2 bed • 1 bath • 4 guests • $0

BNB

Calc

Annual Revenue

$24,106

Profit (Cash Flow)

-$628

Cash on Cash Return

-9.9%

Annual Revenue

$24,106

AirDNA projects $132/night at 50% occupancy ($24,106). Airbtics projects $111/night at 62% occupancy ($25,136). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 50% occupancy rate, $132 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$15,150	$23,902	$40,829	$51,759
Occupancy	51%	61%	74%	87%
Nightly Rate	$80	$105	$146	$156

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Downtown Binghamton Loft Style Living	$25,165	$143	45%	2	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (98)
Modern Urban Stay: Dtwn Apt &Patio	$27,688	$94	74%	2	2	2	$85	❌	❌	❌	Y / Y	⭐️ 4.8 (74)
Parlor City Estate: Luxury Downtown Loft & Hot Tub	$43,087	$153	71%	2	2	2	$145	✅	✅	❌	Y / Y	⭐️ 5 (91)
Downtown Binghamton Cool Urban Stay	$21,518	$145	38%	2	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (84)
"Great Modern 2-bed Apartment Close to Downtown"	$27,059	$105	68%	2	1	4	$65	❌	❌	❌	N / Y	⭐️ 4.9 (113)
Spacious 2-bedroom Loft in City Center	$16,387	$80	54%	2	1	1	$16	❌	❌	❌	N / Y	⭐️ 4.8 (806)
2-Bedroom at Safe & Lively City Center	$15,996	$79	53%	2	1	1	$16	❌	❌	❌	N / Y	⭐️ 4.7 (796)
Cozy, private home! Walk downtown. PETS welcome!	$40,047	$125	81%	2	1	1	$125	❌	❌	✅	N / Y	⭐️ 4.9 (89)
Cozy, Studio in Johnson City by UHS/Lourdes	$19,803	$81	61%	2	1	1	$90	❌	❌	❌	Y / Y	⭐️ 4.2 (15)
Spacious 2-Bedroom Apt on First Floor	$23,982	$85	75%	2	1	7	$35	❌	❌	❌	N / Y	⭐️ 4.8 (153)
Hidden treasure	$26,114	$99	68%	2	1	2	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (66)
Modern Clean 2 Bedroom Apartment Quiet Wooded Area	$17,877	$149	32%	2	1	3	$80	❌	❌	✅	N / Y	⭐️ 4.7 (31)
Grand Monarch! Best for Extended Stays!	$17,395	$134	34%	2	2	2	$50	✅	❌	✅	Y / Y	⭐️ 4.7 (10)
Basement 2-Bedroom Apt/Great for longer stay!	$18,821	$75	66%	2	1	7	$50	❌	❌	❌	Y / Y	⭐️ 4.8 (19)
Modern 2-Bedroom Apt close to Downtown & Highway	$26,966	$101	72%	2	1	14	$35	❌	❌	❌	Y / Y	⭐️ 5 (36)
Cozy Cottage	$24,687	$106	58%	2	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (36)
Cozy 2-Bedroom Apt close to Downtown & Highway	$27,806	$86	87%	2	1	7	$35	❌	❌	❌	Y / Y	⭐️ 5 (8)
Renovated West Side Apt!	$57,930	$150	98%	2	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (5)
Central Location River View Free Laundry & Parking	$51,987	$172	82%	2	1	28	$50	❌	❌	✅	Y / Y	⭐️ 4.9 (16)
Grand Monarch! Best for Extended Stays!	$22,994	$155	40%	2	2	20	$50	✅	❌	✅	Y / Y	⭐️ 4.8 (5)
Great for longer stays! Affordable 2-Bedroom Apt	$26,040	$79	88%	2	1	7	$50	❌	❌	❌	Y / Y	⭐️ 5 (7)
Modern 2-Bedroom Apt near Downtown & Highway	$27,384	$85	86%	2	1	14	$35	❌	❌	❌	Y / Y	⭐️ 4.8 (49)
Cheerful older home in the heart of Johnson City	$32,365	$158	54%	2	1	1	$45	❌	❌	❌	Y / Y	⭐️ 4.9 (83)
Hip Dtwn Apt W/ Arcade & Gym	$17,788	$81	60%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 0 (11)
2 Br -Symphony on the Park - Gorgeous Design	$42,601	$187	61%	2	1	14	$125	❌	❌	✅	Y / Y	⭐️ 4.8 (42)
Home sweet home	$21,468	$119	47%	2	2	1	$35	❌	❌	❌	Y / Y	⭐️ 3.5 (2)
The River Retreat too	$27,999	$150	51%	2	1	21	$0	❌	❌	❌	Y / Y	⭐️ 4.2 (4)
Sunny rooms in cozy artists home	$11,476	$56	56%	2	2	30	$0	❌	❌	❌	Y / Y	⭐️ 5 (1)
Bright Lively Brand new Unit- Near Hospitals/Mall	$27,024	$124	59%	2	1	7	$125	❌	❌	✅	Y / Y	⭐️ 5 (7)
Walking distance to UHS & Decker	$11,688	$57	52%	2	1	3	$30	❌	❌	✅	Y / Y	⭐️ 4.7 (3)
The Wren’s Nest	$36,925	$111	90%	2	1	2	$25	❌	❌	✅	Y / Y	⭐️ 5 (85)
Central Location Free Laundry & Parking River View	$33,638	$157	58%	2	1	28	$50	❌	❌	✅	Y / Y	⭐️ 5 (6)
Minutes away from UHS and Decker	$10,939	$59	47%	2	1	3	$30	❌	❌	✅	Y / N	⭐️ 4.3 (5)
Professionals Serene 2 Bed	$17,603	$74	65%	2	1	28	$250	❌	❌	❌	N / N	⭐️ 0 (1)
Amazing 2 BR Rental unit-Near Hospitals/University	$14,751	$130	31%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (9)
Luxury west side apartment near Hospital	$20,751	$90	63%	2	1	30	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
Cozy and tranquil stay	$24,518	$77	87%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (4)
2 Br Symphony on the Park II	$35,396	$156	62%	2	1	30	$0	❌	❌	✅	Y / Y	⭐️ 5 (2)
Professionals Westside 2 Bed	$23,839	$74	88%	2	1	28	$0	❌	❌	❌	Y / Y	⭐️ 0 (1)

Return Metrics

-9.88% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$627	-$1,255	-$1,883	-$2,510	-$3,138	-$6,276	-$18,830
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	-$627	-$1,255	-$1,883	-$2,510	-$3,138	-$6,276	-$18,830

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-9.88%

Payback Period Days

Return on Investment

-9.88%

59 Mill St Binghamton, New York, 13903

2 bed • 1 bath • 4 guests

Monthly Rent

Inquire about this property

Contact Agent

$1,069

Zestimate

$24,106

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $132/night at 50% occupancy.Projected nightly rate is $111/night at 62% occupancy.

Occupancy Rate

Top 76% of comparables

Avg Daily Rate

Top 33% of comparables

Seasonality

40 Airbnb Comparables

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

$25,775

Avg annual revenue

62%

Avg occupancy rate

$111

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

$10k

$25k

$40k

$60k

-$628

Profit

Revenue

$24,106

Operating Expenses

$15,134

Operating Income

$8,972

Net Effective Rent

$9,600

Profit (Cash Flow)

-$628

$6,350

Cash Investment

Renos & Furnishing

$6,250

Setup Costs

$100

Total

$6,350

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

-9.88%

Payback Period Days