BNBCalc Short Term Rental Investment Analysis 591 3rd Ave, New York, NY 10016

3 bed • 2 bath • 9 guests • $2,950,000

BNB

Calc

Annual Revenue

$114,036

Profit (Cash Flow)

$56,327

Cap Rate

2.9%

Annual Revenue

$114,036

Airbtics projects $466/night at 67% occupancy ($114,036). Airbtics predicts this property will perform in the 0% revenue percentile

BNB Calc projects a 67% occupancy rate, $466 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
3 Bedroom/2 Bath Luxury Apartment	$176,266	$560	86%	3	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (57)
A place to gather in Union Square!	$177,883	$599	80%	3	2	4	$150	❌	❌	❌	N / Y	⭐️ 4.8 (48)
Cozy/Comfortable/Clean, 3 Bedroom/2 Bathroom	$205,583	$612	91%	3	2	4	$250	❌	❌	✅	Y / Y	⭐️ 4.9 (67)
New Townhouse Apt In The Heart Of Manhattan	$201,492	$607	89%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 4.8 (33)
3Bedroom/2Bathroom - Fresh&Clean/Ideal Location	$93,944	$453	56%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 4.8 (36)
Quiet Apartment for Large Groups	$167,761	$520	85%	3	3	4	$300	❌	❌	✅	Y / Y	⭐️ 4.9 (52)
Murray Hill 3BR 2Bath Apt w/ Balcony City View	$84,002	$389	59%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 5 (2)
Central Specious 3 Bedroom Apt	$200,000	$599	90%	3	2	1	$120	❌	❌	❌	N / N	⭐️ 4.6 (35)
Very Large 3 Bedroom 2 Bath	$164,334	$449	100%	3	2	1	$0	❌	❌	❌	Y / N	⭐️ 4.8 (39)
Fast Wi-Fi 3bed near all, skylights	$151,890	$415	100%	3	2	4	$0	❌	❌	❌	N / Y	⭐️ 4.5 (26)
3 Bedrooms 2 Full Baths in Murray Hill Balcony	$58,453	$336	47%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 4 (1)
Beautiful 3BR 2BTH with breathtaking view	$113,051	$351	88%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 5 (1)
Amazing 3 bedroom 2 bathroom	$192,700	$585	90%	3	2	3	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (16)
Cute 3 bed 2 bath Apt at KipsB	$255,480	$743	91%	3	2	3	$230	❌	❌	❌	Y / Y	⭐️ 4.8 (13)
Midtown 3BR 2Bath w/ 4Beds & Private Balcony	$70,095	$399	48%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 0 (0)
Beautiful Duplex with Additional One Bedroom Apt.	$197,043	$686	72%	3	4	30	$650	❌	❌	❌	Y / N	⭐️ 5 (7)
3bed 1.5 bath best location fast Wi-Fi	$165,911	$424	99%	3	2	4	$200	❌	❌	❌	N / Y	⭐️ 4.5 (44)
3BR Apt w/ Balcony in Murray Hill Manhattan NYC	$39,003	$333	32%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 0 (0)
Cozy 2 bed 1 bath in the heart of Manhattan	$107,925	$304	97%	3	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (31)
Fully Furnished 3 Bedroom 2 Bath Apt in MurrayHill	$62,155	$374	44%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 0 (0)
Murray Hill 3BR 2Bath w/ 4Beds & Private Balcony	$84,648	$392	59%	3	2	30	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
Spacious 3BR Apt w Balcony with East River view	$109,008	$408	73%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 5 (1)
Stunning View Sky-Rise Bedroom 2 bath	$136,041	$630	59%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (1)
Luxury 3BR 2BTH in Murray Hill	$62,895	$358	48%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 5 (1)
Spacious 3 bedroom 2BTH with private balcony	$67,111	$382	48%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 5 (1)
3 Bedroom 2 Bathroom Apartment in Murray Hill	$34,587	$378	25%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 0 (0)
3-Bed/2-Bath w/ Private Balcony	$225,806	$800	76%	3	2	4	$150	❌	❌	❌	N / Y	⭐️ 5 (2)
Murray Hill 3BR 2Bath w/ Private Balcony	$27,608	$328	23%	3	2	30	$250	❌	❌	✅	Y / Y	⭐️ 0 (0)
Modern and comfy 3BR 2BTH in Murray Hill	$43,748	$332	36%	3	2	30	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
Park Avenue 3 Bedrooms	$31,157	$198	43%	3	2	30	$0	❌	❌	❌	N / Y	⭐️ 4 (3)
3BR Apt w/ Balcony near UN HQ with East River View	$54,700	$305	49%	3	2	30	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
Manhattan, 3 Bedroom/3 Bathroom, Clean, Renovated	$257,664	$800	88%	3	3	4	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
Amazing 3BR/1BA Apt in Kips Bay! Near Empire State	$59,866	$256	58%	3	1	3	$250	❌	❌	❌	N / N	⭐️ 4 (4)
Amazing 3 Bed on Park Avenue w/ W/D and Gym #6114	$56,659	$360	43%	3	2	30	$300	❌	❌	✅	Y / Y	⭐️ 4.5 (8)
3 BR Apt in Murray Hill w/ Balcony & River Views	$82,857	$343	66%	3	1	30	$250	❌	❌	✅	Y / Y	⭐️ 0 (0)
Empire State 3 Bedroom NYC Apt	$225,671	$663	93%	3	1	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (6)
Homey 3BR/1BA Apt in Kips Bay!	$76,509	$402	52%	3	1	1	$0	❌	❌	❌	N / Y	⭐️ 4.5 (16)
3-Bed w/ Private Balcony	$170,993	$600	76%	3	1	4	$150	❌	❌	❌	N / Y	⭐️ 5 (2)
Lovely Modern Apt 3bd 1 bath	$208,400	$683	80%	3	1	3	$230	❌	❌	❌	Y / N	⭐️ 5 (2)
3BR Apartment w/ East River View near NYU Medical	$76,093	$297	70%	3	1	30	$250	❌	❌	✅	Y / Y	⭐️ 0 (0)

Return Metrics

8.19% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$56,326	$112,653	$168,980	$225,306	$281,633	$563,267	$1,689,802
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,360,000	$2,360,000	$2,360,000	$2,360,000	$2,360,000	$2,360,000	$2,360,000
Down Payment	$590,000	$590,000	$590,000	$590,000	$590,000	$590,000	$590,000
Property Appreciation	$88,500	$179,655	$273,544	$370,250	$469,858	$1,014,553	$4,210,424
Total Return	$3,094,826	$3,242,308	$3,392,524	$3,545,557	$3,701,492	$4,527,820	$8,850,226

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

8.19%

Cap Rate

2.89%

Return on Investment

25.29%

591 3rd Ave New York, NY, 10016

3 bed • 2 bath • 9 guests

Purchase Price

Est. $14,149/mo

Inquire about this property

Contact Agent

$114,036

Annual Revenue

BNBCalc predicts this property will get $466 per night with 67% occupancy, putting it in the top 0% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 38% of comparables

40 Airbnb Comparables

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$124,424

Avg annual revenue

67%

Avg occupancy rate

$466

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

$100k

$175k

$260k

$56,327

Profit

Revenue

$114,036

Operating Expenses

$28,505

Operating Income

$85,532

Mortgage & Taxes

$29,205

Profit (Cash Flow)

$56,327

$687,000

Cash Investment

Down Payment

$590,000

Renos & Furnishing

$8,500

Closing Costs

$88,500

Total

$687,000

DSCR Ratio

Weak

0.43

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

8.19%

Cap Rate

2.89%

Return on Investment

25.29%

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

$140,010

Deductible property tax

$29,205

Your total deduction

$406,890

Your adjusted annual income

$150,000 - $406,890 = -$256,890

Taxes on -$256,890 (30%)

-$77,067

Your old tax bill

$45,000

Your new tax bill

-$77,067

Estimated tax savings

$122,067

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com