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BNBCalc Short Term Rental Investment Analysis 608 South Victor Street, Champaign, IL

3 bed • 2 bath • 9 guests • $360,000

BNB

Calc

Annual Revenue

$32,346

Profit (Cash Flow)

-$9,823

Cap Rate

4.0%

Annual Revenue

$32,346

AirDNA projects $209/night at 50% occupancy ($38,167). Airbtics projects $164/night at 54% occupancy ($32,346). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 54% occupancy rate, $164 rate per night.

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

Percentiles25%50%75%90%
Revenue$19,539$31,982$49,020$63,046
Occupancy38%55%70%75%
Nightly Rate$133$152$184$221

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Green House
$32,925
$134
61%
322$150❌❌❌Y / Y⭐️ 5 (55)
The Safari House: Bright & Modern Near U of I
$41,425
$151
72%
322$125❌❌❌Y / Y⭐️ 5 (48)
Home in Champaign
$30,516
$110
71%
312$100❌❌❌Y / Y⭐️ 5 (46)
Tiny house in the heart of Champaign
$35,312
$144
67%
321$0❌❌✅Y / Y⭐️ 5 (68)
Modern Bungalow 3BR Home near downtown & UI campus
$35,780
$139
65%
312$99❌❌✅Y / Y⭐️ 5 (108)
Old Champaign: A pilots’ retreat. No cleaning fee
$29,571
$208
37%
322$175❌❌❌Y / Y⭐️ 5 (36)
Charming 3bd 2b - Close to Campus and Downtown!
$26,125
$166
43%
322$0❌❌❌Y / Y⭐️ 5 (64)
Upper level of home w/fence/yard
$26,562
$103
67%
322$100❌❌✅Y / Y⭐️ 4.5 (16)
Cheerful 3-bedroom home in a great neighborhood!
$29,889
$154
51%
322$95❌❌✅Y / Y⭐️ 5 (43)
3BR Charming Home, 10 Min Walk to DT Champaign
$20,705
$132
38%
31.52$90❌❌❌Y / Y⭐️ 5 (281)
Home Away from Home near University of Illinois!
$43,777
$165
70%
31.52$100❌❌❌Y / Y⭐️ 5 (106)
Nestle On New Street
$22,259
$133
42%
312$100❌❌❌Y / Y⭐️ 5 (41)
Charming House in Champaign Near Local Bakery
$44,834
$212
56%
312$125❌❌✅Y / Y⭐️ 5 (20)
Hessel BnB - The best location and amenities in CU
$29,517
$104
72%
31.52$100❌❌❌Y / Y⭐️ 5 (150)
Classic Craftsman House w/ Magical Backyard
$47,381
$333
38%
321$150❌❌❌Y / Y⭐️ 5 (18)
Bright Bungalow in Excellent Location.
$30,967
$97
82%
311$70❌❌❌Y / Y⭐️ 5 (211)
The Illini Game House | near UIUC | Campus Town
$42,870
$141
81%
322$65❌❌❌Y / Y⭐️ 5 (116)
Charming 3bed/4beds/2bath home w fence
$49,176
$219
60%
3221$225❌❌✅Y / Y⭐️ 5 (12)
Spacious home close to UofI stadiums & Hessel Park
$27,398
$99
71%
322$90❌❌✅Y / Y⭐️ 4.5 (343)
The Gallery and Garden Retreat Home
$70,461
$213
87%
312$120❌✅✅Y / Y⭐️ 5 (71)
Beautiful creekside house near UIUC
$28,547
$182
42%
322$130❌❌✅Y / Y⭐️ 5 (44)
Monica and Bill's After Hours
$21,877
$193
30%
322$125❌❌✅Y / Y⭐️ 5 (184)
Stay 6 min from State Farm
$30,050
$144
55%
311$50❌❌❌Y / N⭐️ 5 (24)
3 bedroom home in quiet neighborhood
$24,320
$166
37%
321$165❌❌✅Y / Y⭐️ 5 (31)
Brett House
$27,691
$136
49%
322$150❌❌❌Y / Y⭐️ 5 (71)
Charming Champaign Modern 3BR
$46,665
$170
75%
313$0❌❌✅Y / Y⭐️ 4.5 (21)
Modern 3BR/2BA home near U of I
$26,260
$175
41%
322$0❌❌✅Y / Y⭐️ 5 (25)
Cozy Three Bed/Two Bath, Fireplace & Fenced Yard
$43,100
$209
55%
3218$250❌❌✅Y / Y⭐️ 5 (13)
Family 3 bedroom 1 bath House Near Campus
$23,761
$272
23%
311$80❌❌✅Y / N⭐️ 4.8 (9)
Mid-century 3b2.5b Smart Ranch near UIUC
$27,160
$168
43%
32.51$150❌❌❌Y / Y⭐️ 5 (56)
Modern and Spacious 3b2b Smart Ranch near UIUC
$26,374
$173
39%
321$155❌❌❌Y / Y⭐️ 5 (31)
Sir Charles
$16,250
$137
30%
312$125❌❌❌Y / Y⭐️ 5 (42)
Lovely ranch home close to U of I.
$27,600
$104
69%
322$90❌❌✅Y / Y⭐️ 4.7 (420)
Warm and inviting townhome on quite cul-de-sac
$23,188
$166
34%
321$165❌❌❌Y / Y⭐️ 5 (17)
Stay Local STR: Edward Hoffman
$24,031
$142
42%
321$165❌❌❌Y / Y⭐️ 5 (16)
Azure Place - Quiet Refreshing 3 Bedroom Retreat
$74,430
$248
82%
312$0❌❌❌Y / Y⭐️ 5 (29)
Your Park Haven near the University of Illinois.
$32,394
$129
65%
312$150❌❌❌Y / Y⭐️ 5 (72)
Home on Hill near downtown Champaign
$13,258
$136
23%
322$150❌❌✅Y / Y⭐️ 4.8 (26)
Charming, Clean Home Near Campus
$72,732
$276
72%
321$0❌❌✅Y / Y⭐️ 5 (73)
Cozy Cottage in Central Champaign Near UIUC Campus
$15,238
$114
33%
313$100❌❌✅Y / Y⭐️ 4.5 (9)

Return Metrics

-10.75% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$9,823-$19,646-$29,470-$39,293-$49,117-$98,234-$294,703
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$288,000$288,000$288,000$288,000$288,000$288,000$288,000
Down Payment$72,000$72,000$72,000$72,000$72,000$72,000$72,000
Property Appreciation$10,800$21,924$33,381$45,183$57,338$123,809$513,814
Total Return$360,976$362,277$363,911$365,889$368,221$385,575$579,111

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-10.75%

Cap Rate

4.01%

Return on Investment

4.94%

property-location

608 S Victor St Champaign, Illinois, 61821

3 bed • 2 bath • 9 guests

Est. $1,727/mo

Agent

Inquire about this property

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Champaign

Zoning


Laws

-36

Airbnb Investor Score

-$9,823

Annual Profit

4.0%

Cap Rate

-10.8%

Cash on Cash

$32,346

Annual Revenue

BNBCalc predicts this property will get $164 per night with 54% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Top 51% of comparables

Top 46% of comparables


Seasonality

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40

Airbnb Comparables

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

$33,559

Avg annual revenue

54%

Avg occupancy rate

$164

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

$35k

$55k

$75k

Sign up to see the data on 40 all comparables

-$9,823

Profit

Revenue

$32,346

Operating Expenses

$17,885

Operating Income

$14,461

Mortgage & Taxes

$24,284

Profit (Cash Flow)

-$9,823

$91,300

Cash Investment

Down Payment

$72,000

Renos & Furnishing

$8,500

Closing Costs

$10,800

Total

$91,300

DSCR Ratio

Weak

0.60

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-10.75%

Cap Rate

4.01%

Profit (Cummulative)

-$9,823

$288,000

$8,500

$10,800

$0

Total Gain

$4,513

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

$17,086

Deductible property tax

$3,564

Your total deduction

$46,661

Your adjusted annual income

$150,000 - $46,661 = $103,339


Taxes on $103,339 (30%)

$31,002

Your old tax bill

$45,000

Your new tax bill

$31,002


Estimated tax savings

$13,998

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:

7,475 sqft

Year built:

2022

Size:

1,792 sqft

Type:

SINGLE_FAMILY

Parking:

2

Heating:

Natural Gas, Forced Air

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 1
  • Lot size: 7,475 sqft
  • Building area: 1,792 sqft
  • Garage: Yes
  • Heating: Natural gas, forced air
  • Pool: No
  • Fireplaces: 1
  • Basement: Yes
  • Cooling: Central Air
  • View: -
  • Parking: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • Amenities: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Price per square foot: $200

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 432014108008
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $245,790
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • Middle School: Jefferson Middle School with 3/10 star rating
  • High School: Centennial High School with 5/10 star rating