BNBCalc Short Term Rental Investment Analysis 615 Lake Shore Dr, Michigan City, IN 46360, USA

3 bed • 4 bath • 10 guests • $840,000

BNB

Calc

Annual Revenue

$95,570

Profit (Cash Flow)

$13,402

Cap Rate

8.3%

Annual Revenue

$95,570

AirDNA projects $534/night at 49% occupancy ($95,569).

BNB Calc projects a 49% occupancy rate, $534 rate per night.

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

Return Metrics

6.62% 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)	$13,401	$26,803	$40,205	$53,607	$67,009	$134,019	$402,057
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$672,000	$672,000	$672,000	$672,000	$672,000	$672,000	$672,000
Down Payment	$168,000	$168,000	$168,000	$168,000	$168,000	$168,000	$168,000
Property Appreciation	$25,200	$51,156	$77,890	$105,427	$133,790	$288,889	$1,198,900
Total Return	$878,601	$917,959	$958,096	$999,035	$1,040,799	$1,262,908	$2,440,958

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

6.62%

Cap Rate

8.34%

Return on Investment

23.17%

615 Lake Shore Dr Michigan City, Indiana, 46360-2361

3 bed • 4 bath • 10 guests

Purchase Price

Est. $4,029/mo

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$95,570

Annual Revenue

AirDNA projects $534/night at 49% occupancy ($95,569.74).

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$13,402

Profit

Revenue

$95,570

Operating Expenses

$25,504

Operating Income

$70,066

Mortgage & Taxes

$56,664

Profit (Cash Flow)

$13,402

$202,200

Cash Investment

Down Payment

$168,000

Renos & Furnishing

$9,000

Closing Costs

$25,200

Total

$202,200

DSCR Ratio

Acceptable

1.24

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

6.62%

Cap Rate

8.34%

Return on Investment

23.17%

STR Tax Calculator (USA)

On purchasing an Airbnb property, you can subtract the bonus depreciation value and interest payments 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

$39,867

Deductible property tax

$8,316

Your total deduction

$167,771

Your adjusted annual income

$150,000 - $167,771 = -$17,771

Taxes on -$17,771 (30%)

-$5,331

Your old tax bill

$45,000

Your new tax bill

-$5,331

Estimated tax savings

$50,331