BNBCalc Short Term Rental Investment Analysis 613 E 118th St, Cleveland, OH, 44108

3 bed • 1 bath • 9 guests • $63,000

BNB

Calc

Annual Revenue

$34,106

Profit (Cash Flow)

$11,743

Cap Rate

25.4%

Annual Revenue

$34,106

AirDNA projects $124/night at 50% occupancy ($22,645). Airbtics projects $161/night at 58% occupancy ($34,106). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 58% occupancy rate, $161 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$22,337	$34,332	$44,890	$74,660
Occupancy	45%	61%	65%	78%
Nightly Rate	$131	$146	$179	$251

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Cle Rocks-Little Italy! W Massage chair/Hot tub #3	$60,206	$251	63%	3	1	1	$75	❌	✅	✅	Y / Y	⭐️ 5 (34)
In the heart of Little Italy! Free Parking! 3BR-UP	$45,354	$178	67%	3	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (54)
King size bed-One side of duplex	$35,187	$145	65%	3	2	1	$30	❌	❌	❌	Y / Y	⭐️ 5 (66)
Huge Family-Friendly Suite w/ Crib & Rocking Chair	$23,526	$105	56%	3	1	1	$125	❌	❌	❌	Y / Y	⭐️ 5 (120)
Family-Friend 3BR Home & patio.	$25,989	$122	54%	3	1.5	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (28)
Modern built home by UH and CASE	$42,979	$259	45%	3	2.5	2	$45	❌	❌	✅	Y / Y	⭐️ 5 (63)
Cozy & Modern Near Downtown & Clinic , King bed	$31,895	$160	52%	3	1.5	3	$149	❌	❌	✅	Y / Y	⭐️ 5 (29)
Unique Home in Cleveland Heights	$54,254	$177	80%	3	2.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (65)
Little Italy \| Mins to CLE Clinic \| No Parking	$32,906	$89	88%	3	1	1	$129	❌	❌	✅	N / Y	⭐️ 5 (63)
4 LARGE TV \| Little Italy \| Bunk Beds \| No Parking	$21,735	$55	89%	3	1	1	$139	❌	❌	✅	N / Y	⭐️ 4.5 (26)
Home in Waterloo Arts District	$32,233	$159	52%	3	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (38)
Tranquil Stay Cleveland Clinic! 3br 2.5 bath	$33,696	$133	65%	3	2.5	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (52)
Minutes from Downtown, Agora, ROCK-N-ROLL HallFame	$21,579	$134	44%	3	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (162)
Townhouse, Near Downtown, Agora, ROCK-N-ROLL hall	$25,891	$131	54%	3	2	1	$0	❌	❌	❌	N / Y	⭐️ 5 (85)
Modern 3BR home next to park, office space, & more	$32,714	$133	61%	3	1.5	1	$131	❌	❌	✅	Y / Y	⭐️ 5 (50)
The Worlds Cozy Nest	$35,839	$144	68%	3	1.5	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (83)
Sports Themed \| Hoops & Foosball \| Near Stadiums	$36,601	$148	61%	3	1.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (22)
Stylish 13 Mins Frm Dwntwn 14mins Frm CLEVE Clinic	$22,241	$87	65%	3	1	3	$125	❌	❌	✅	Y / Y	⭐️ 4.5 (12)
Haven 2 minutes from Cleveland Clinic! 3bd 3.5bath	$37,895	$130	76%	3	3.5	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (89)
First Floor BedroomCleveland Clinic! 3br 2.5 bath!	$36,495	$132	70%	3	2.5	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (54)
Welcome to Cleveland Heights!	$30,304	$180	46%	3	2	2	$0	✅	❌	❌	Y / Y	⭐️ 5 (35)
Rock n Roll Themed \| Pet-Friendly \| Near Rock Hall	$31,640	$179	45%	3	1	2	$95	❌	❌	✅	Y / Y	⭐️ 4.5 (13)
Love! Work! Play! Stay!	$26,476	$113	62%	3	1.5	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (11)
Gorgeous 3 BDR \| 3 min to Clinic	$22,913	$90	59%	3	2	1	$120	❌	❌	❌	Y / Y	⭐️ 5 (50)
Charming Carriage House in Cleve. Heights	$21,115	$150	38%	3	1	3	$30	❌	❌	❌	Y / Y	⭐️ 5 (22)
Cle Suites 3BR/2BA \| 5 min Walk to Cle Clinic #2	$38,997	$132	78%	3	2	5	$120	❌	❌	✅	Y / Y	⭐️ 4.5 (25)
Cleveland Heights Suburban Neighborhood Living	$29,083	$121	64%	3	1.5	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (284)
Sunlit Urban Oasis \| freshly furnished 1890 home	$41,285	$174	64%	3	1	2	$80	❌	❌	❌	Y / Y	⭐️ 5 (105)
Cute home in Univ Heights, close to John Carroll	$32,225	$196	44%	3	1	2	$99	❌	❌	❌	Y / Y	⭐️ 5 (18)
Cozy Mid-Century Modern University Heights Getaway	$64,210	$210	81%	3	2.5	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (83)
Great Location! Close to Case and Coventry	$29,693	$133	61%	3	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (12)
Stylish 3 BDR \| 3 min to Clinic	$43,188	$149	73%	3	2	1	$120	❌	❌	❌	Y / Y	⭐️ 5 (32)
Luxurious modern home Cleveland	$39,045	$254	42%	3	2.5	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (18)
Location, Location & Free Parking!	$25,086	$200	33%	3	1	2	$100	✅	❌	❌	Y / Y	⭐️ 5 (23)
Color Me Bright Haven \| Pet Friendly \| Sleeps 8	$36,617	$150	63%	3	1	2	$95	❌	❌	✅	Y / Y	⭐️ 4.6 (13)
*All-American Home Minutes From Case/UH/Cle Clinic	$31,386	$141	59%	3	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (12)
Relaxing retreat next to the Cleveland Clinic	$53,650	$234	58%	3	2.5	3	$249	❌	❌	❌	Y / Y	⭐️ 5 (26)

Return Metrics

51.63% 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)	$11,742	$23,485	$35,228	$46,971	$58,714	$117,428	$352,285
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$50,400	$50,400	$50,400	$50,400	$50,400	$50,400	$50,400
Down Payment	$12,600	$12,600	$12,600	$12,600	$12,600	$12,600	$12,600
Property Appreciation	$1,890	$3,836	$5,841	$7,907	$10,034	$21,666	$89,917
Total Return	$76,632	$90,322	$104,070	$117,878	$131,748	$202,095	$505,203

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

51.63%

Cap Rate

25.38%

Return on Investment

62.67%

613 E 118th St Cleveland, Ohio, 44108

3 bed • 1 bath • 9 guests

Purchase Price

Est. $302/mo

Inquire about this property

Contact Agent

Cleveland

Guide

Zoning

Market

Guide

Laws

Market Data

324

Airbnb Investor Score

$11,742

Annual Profit

25.4%

Cap Rate

51.6%

Cash on Cash

$34,106

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $124/night at 50% occupancy.Projected nightly rate is $161/night at 58% occupancy.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 36% of comparables

Seasonality

40 Airbnb Comparables

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

$34,012

Avg annual revenue

58%

Avg occupancy rate

$161

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

$65k

$11,743

Profit

Revenue

$34,106

Operating Expenses

$18,114

Operating Income

$15,993

Mortgage & Taxes

$4,250

Profit (Cash Flow)

$11,743

$22,740

Cash Investment

Down Payment

$12,600

Renos & Furnishing

$8,250

Closing Costs

$1,890

Total

$22,740

DSCR Ratio

Strong

3.76

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

51.63%

Cap Rate

25.38%

Return on Investment

62.67%

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

$2,990

Deductible property tax

$624

Your total deduction

-$4,363

Your adjusted annual income

$150,000 - -$4,363 = $154,363

Taxes on $154,363 (30%)

$46,309

Your old tax bill

$45,000

Your new tax bill

$46,309

Estimated tax savings

-$1,309

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:

3,920 sqft

Year built:

1944

Size:

2,308 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced air, Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 3,920 sqft

Building area: 2,308 sqft

Garage: No

Heating: Forced air, gas

Pool: No

Fireplaces: -

Basement: Yes

Cooling: None

View: -

Parking: Garage - Detached

Amenities: -

Price per square foot: $5

Lot Info

Zoning: -

Land Use: -

Parcel Number: 11004107

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $13,500

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools