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BNBCalc Short Term Rental Investment Analysis 615 W Olive St, Fort Collins, CO, 80521

2 bed • 2 bath • 6 guests • $495,000

BNB

Calc

Annual Revenue

$39,936

Profit (Cash Flow)

-$12,327

Cap Rate

4.3%

Annual Revenue

$39,936

AirDNA projects $209/night at 63% occupancy ($48,091). Airbtics projects $154/night at 71% occupancy ($39,935). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 71% occupancy rate, $154 rate per night.

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

Percentiles25%50%75%90%
Revenue$31,806$40,637$53,935$61,336
Occupancy63%71%80%87%
Nightly Rate$134$151$176$184

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Home in Old Town - Fort Collins
$35,890
$142
66%
212$99❌❌❌Y / Y⭐️ 5 (53)
Lola House! Cozy Comfort, Prime Old Town Location
$42,590
$152
74%
211$129❌❌❌Y / Y⭐️ 5 (212)
Walk Everywhere - Art, Restaurants, Poudre River
$44,710
$154
75%
221$135❌❌❌Y / Y⭐️ 5 (58)
Cozy Victorian Cottage in the Heart of Old Town!
$33,714
$131
66%
211$129❌❌❌Y / Y⭐️ 5 (45)
Cozy Abode on Mountain Ave – Walk to Old Town!
$33,743
$134
63%
211$129❌❌❌Y / Y⭐️ 5 (18)
Historic Mountain Ave Bungalow – Walk Everywhere!
$46,390
$176
68%
211$129✅❌❌Y / Y⭐️ 4.5 (19)
Old Town Fort Collins Apartment for 4
$59,626
$172
94%
211$75❌❌❌Y / Y⭐️ 5 (210)
Chic Carriage House near Old Town with Free Bikes
$30,716
$97
80%
222$135❌❌❌Y / Y⭐️ 5 (242)
Italian Style in Old Town with Private Hot Tub
$68,025
$233
78%
212$100❌✅❌Y / Y⭐️ 5 (383)
The Saltbox: Downtown New Build
$35,564
$107
87%
212$150❌❌✅Y / Y⭐️ 5 (78)
Modern Bungalow in Old Town
$38,868
$164
63%
221$75❌❌❌Y / Y⭐️ 5 (121)
Beautiful Bungalow Next to CSU, FREE Cruiser Bikes
$42,266
$176
62%
211$129❌❌✅Y / Y⭐️ 5 (172)
Charming Bungalow Next to CSU - FREE Cruiser Bikes
$29,620
$122
63%
221$135❌❌✅Y / Y⭐️ 4.5 (117)
Avedon's - Old Town, Fort Collins
$45,657
$181
64%
211$125❌❌✅Y / Y⭐️ 5 (259)
OLD TOWN LOFT Overlooking Downtown&Old Town Square
$40,535
$184
59%
211$80❌❌✅N / Y⭐️ 5 (185)
The Cottage! Chic Bungalow near Old Town Square!
$35,381
$140
64%
211$129❌❌❌Y / Y⭐️ 5 (110)
LOFT Overlooking Old Town Square!! Walk to it ALL!
$37,600
$176
57%
211$80❌❌✅N / N⭐️ 5 (245)
Vibrant Downtown Bungalow – Walk Everywhere!
$52,641
$180
76%
221$135❌❌❌Y / Y⭐️ 5 (86)
The Hattie House in Old Town – Walk Everywhere!
$53,614
$182
75%
221$135❌❌❌Y / Y⭐️ 5 (44)
Old Town Home Perfect For Professionals and CSU
$54,177
$173
84%
212$150❌❌✅Y / Y⭐️ 5 (114)
Light Filled Century Old Home Near CSU & Old Town
$52,704
$169
83%
213$95❌❌❌Y / Y⭐️ 5 (42)
Old Town Loft Oasis with Amazing Rooftop Deck!
$58,385
$227
67%
231$205❌❌❌Y / Y⭐️ 5 (44)
Plum Street House
$53,553
$148
95%
211$87❌❌❌Y / Y⭐️ 5 (186)
Historic Apartment - Walk to CSU Campus + Old Town
$40,741
$145
75%
212$104❌❌✅N / Y⭐️ 4.5 (18)
Pine Street Loft –Just steps from Old Town Square!
$56,853
$189
79%
211$129❌❌❌Y / Y⭐️ 5 (73)
Historic Redstone w/ Large Backyard, Walk To CSU!
$34,389
$146
62%
212$104❌❌✅N / Y⭐️ 4.5 (30)
An Aspen Apartment in Old Town
$39,064
$142
74%
212$100❌❌✅N / Y⭐️ 5 (118)
Old Town Fort Collins Modern Bungalow
$37,233
$166
59%
212$115❌❌✅N / Y⭐️ 5 (129)
Beautiful Old Town Apartment with Hot Tub & Bikes
$30,881
$134
56%
211$129❌✅❌Y / Y⭐️ 5 (23)
Cozy Condo next to CSU, Restaurants & Parks...
$28,184
$92
81%
211$49❌❌✅Y / Y⭐️ 5 (465)
Wonderful City Park home in a great location!
$33,422
$176
51%
212$130❌❌❌Y / Y⭐️ 4.5 (102)
Charming Old Town Retreat
$29,317
$120
64%
2130$100❌❌❌N / Y⭐️ 5 (71)
Green House on Remington Street
$39,510
$121
86%
221$100❌❌❌Y / Y⭐️ 5 (69)
1902 charm in popular Old Town Fort Collins.
$39,733
$118
92%
212$0❌❌❌Y / Y⭐️ 5 (334)
Spirit of the Rockies - Private Backyard & Hot Tub
$45,580
$157
73%
211$129❌✅❌Y / Y⭐️ 5 (29)
Newly remodeled! Walk to CSU, blocks from Old Town
$47,794
$147
88%
212$75❌❌✅Y / Y⭐️ 5 (45)
Old Town Retreat at the Mathews House
$41,576
$196
56%
212$90❌❌❌Y / Y⭐️ 4.9 (71)
Serene Sanctuary on Mathews
$38,316
$149
69%
212$57❌❌✅Y / Y⭐️ 5 (62)
Cute, Pet-friendly 2-bd Close to Campus
$31,311
$103
82%
212$50❌❌✅Y / Y⭐️ 5 (52)
Old Town Bungalow
$32,940
$150
60%
212$0❌❌❌Y / Y⭐️ 5 (28)

Return Metrics

-10.24% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$12,327-$24,654-$36,981-$49,308-$61,635-$123,270-$369,810
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$396,000$396,000$396,000$396,000$396,000$396,000$396,000
Down Payment$99,000$99,000$99,000$99,000$99,000$99,000$99,000
Property Appreciation$14,850$30,145$45,899$62,126$78,840$170,238$706,494
Total Return$497,522$500,491$503,918$507,818$512,205$541,968$831,684

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-10.24%

Cap Rate

4.25%

Return on Investment

6.13%

property-location

615 W Olive St Fort Collins, Colorado, 80521

2 bed • 2 bath • 6 guests

Est. $2,374/mo

Agent

Inquire about this property

Contact Agent

$500,600

Zestimate

Fort Collins

Zoning


Laws

-32

Airbnb Investor Score

-$12,327

Annual Profit

4.3%

Cap Rate

-10.2%

Cash on Cash

$39,936

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $209/night at 63% occupancy.Projected nightly rate is $154/night at 71% occupancy.

Top 51% of comparables

Top 46% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$41,820

Avg annual revenue

71%

Avg occupancy rate

$154

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

$40k

$55k

$70k

Sign up to see the data on 40 all comparables

-$12,327

Profit

Revenue

$39,936

Operating Expenses

$18,872

Operating Income

$21,064

Mortgage & Taxes

$33,391

Profit (Cash Flow)

-$12,327

$120,350

Cash Investment

Down Payment

$99,000

Renos & Furnishing

$6,500

Closing Costs

$14,850

Total

$120,350

DSCR Ratio

Weak

0.63

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-10.24%

Cap Rate

4.25%

Profit (Cummulative)

-$12,327

$396,000

$6,500

$14,850

$0

Total Gain

$7,386

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

$23,493

Deductible property tax

$4,900

Your total deduction

$62,263

Your adjusted annual income

$150,000 - $62,263 = $87,737


Taxes on $87,737 (30%)

$26,321

Your old tax bill

$45,000

Your new tax bill

$26,321


Estimated tax savings

$18,679

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:

3,750 sqft

Year built:

1905

Size:

1,178 sqft

Type:

SINGLE_FAMILY

Parking:

2

Heating:

Forced Air

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 1
  • Lot size: 3,750 sqft
  • Building area: 1,178 sqft
  • Garage: Yes
  • Heating: Forced air
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air, Ceiling Fan(s)
  • View: -
  • Parking: Oversized
  • Amenities: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Price per square foot: $424

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: R0036862
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $688,700
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $500,600


Schools

  • Middle School: Lincoln Middle School with 4/10 star rating
  • High School: Poudre High School with 6/10 star rating