BNBCalc Short Term Rental Investment Analysis 62 Chestnut Street, Albany, NY

3 bed • 3 bath • 12 guests • $379,000

BNB

Calc

Annual Revenue

$65,609

Profit (Cash Flow)

$43,082

Cap Rate

14.5%

Annual Revenue

$65,609

AirDNA projects $193/night at 59% occupancy ($41,590). Airbtics projects $170/night at 61% occupancy ($37,875). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 71% occupancy rate, $253 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$24,365	$38,322	$51,225	$76,512
Occupancy	51%	60%	71%	85%
Nightly Rate	$127	$170	$191	$239

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Charming 170-Year-Old Home in the Heart of Albany	$55,240	$160	91%	3	2	1	$75	❌	❌	✅	Y / Y	⭐️ 5 (181)
Carriage House The Argus Hotel	$67,395	$341	54%	3	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (14)
The Blue House Incredible 3 Bedroom Apartment	$32,666	$172	49%	3	1	1	$70	❌	❌	❌	Y / Y	⭐️ 4.8 (128)
Great home in Albany	$32,415	$104	81%	3	1	2	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (58)
Albany-3 bedrooms apt (3rd fl) A&A-Sisters Rental	$23,844	$196	31%	3	1	1	$120	❌	❌	✅	N / N	⭐️ 4.2 (18)
The Rustic Home 3 Bedroom Second Floor Apartment	$43,507	$174	67%	3	1	1	$70	❌	❌	❌	Y / Y	⭐️ 4.8 (150)
The Allen House Gorgeous Apartment - Sleeps 8	$47,533	$253	49%	3	2	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (87)
Albany Home w/ Fenced Yard & Patio - Pets Welcome!	$43,565	$174	65%	3	1	2	$155	❌	❌	✅	Y / Y	⭐️ 4.6 (84)
* Quaint home located in residential neighborhood*	$32,355	$238	36%	3	1	2	$99	❌	❌	✅	Y / Y	⭐️ 4.9 (89)
* Adorable home w/parking near great restaurants *	$33,536	$172	52%	3	1	2	$99	❌	❌	✅	Y / Y	⭐️ 5 (121)
Entire Beautiful French Victorian 1884	$37,175	$306	33%	3	4	2	$45	❌	❌	✅	Y / Y	⭐️ 4.8 (56)
Central Albany Apartment: Walk to State Capitol!	$20,873	$170	32%	3	1	3	$114	❌	❌	❌	Y / Y	⭐️ 4 (27)
Perfect for Families and Traveling Professionals	$49,818	$150	88%	3	1	30	$125	❌	❌	✅	Y / Y	⭐️ 5 (101)
The Rizzy Stay	$41,657	$195	56%	3	1	1	$55	❌	❌	✅	Y / Y	⭐️ 4.4 (24)
Center Square Serenity: 2-Bedroom Elegance	$26,172	$117	58%	3	1	1	$110	❌	❌	❌	N / N	⭐️ 3.5 (2)
3 bedroom single family home w/ off street parking	$36,432	$135	68%	3	1	3	$135	❌	❌	❌	N / Y	⭐️ 4.7 (51)
Charming dog friendly home with private yard!	$50,292	$188	70%	3	2	1	$199	❌	❌	✅	Y / Y	⭐️ 4.8 (103)
Rustic Farmhouse Meets Chic!	$57,039	$205	71%	3	1	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (62)
Elegant Albany Retreat \| Mins to D/T & UAlbany	$60,979	$190	85%	3	2	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (32)
Modern and Cozy Pine Hills Home from Early 1900s	$24,705	$150	45%	3	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (7)
The Bluebird’s Nest	$26,350	$118	56%	3	1	1	$45	❌	❌	✅	Y / Y	⭐️ 4.6 (33)
Cozy Old Fashioned Remodel 2nd Floor Apartment 3BR	$50,992	$172	81%	3	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.7 (21)
Spacious 3BR with 2BA & Laundry	$35,037	$177	52%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (26)
House w/ fish pond, gardens, sunroom and foosball	$36,126	$128	71%	3	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (13)
/Purple Potty Penthouse\ 1928 Pine Hill 4Bed 1Bath	$45,663	$257	48%	3	1	2	$75	❌	❌	✅	Y / Y	⭐️ 4.8 (9)
Spacious Home Away from Home!	$46,967	$170	73%	3	2	3	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (18)
Albany 3 Bedroom Apt. Sleeps 6	$23,998	$113	54%	3	1	14	$100	❌	❌	❌	Y / Y	⭐️ 5 (12)
Updated 3/1 unit for Professionals and Families	$24,003	$101	61%	3	1	3	$100	❌	❌	✅	Y / Y	⭐️ 4.2 (10)
Cozy Albany Home	$41,899	$159	72%	3	1	2	$0	❌	❌	❌	Y / Y	⭐️ 0 (3)
Not available anymore. Do not reserve.	$39,283	$166	62%	3	1	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (33)
3br/2ba Near Alb Med & St.Petes.	$30,567	$116	72%	3	2	14	$150	❌	❌	✅	Y / Y	⭐️ 5 (2)
Charming Albany Retreat ~ 3 Mi to Downtown!	$47,170	$212	59%	3	1	2	$114	❌	❌	❌	N / Y	⭐️ 4.7 (9)
Cozy Vermont Colonial	$63,684	$174	100%	3	2	1	$0	❌	❌	❌	Y / N	⭐️ 0 (0)
Downtown Historic 3 Bedroom, private parking	$54,570	$210	71%	3	2	30	$0	❌	❌	✅	Y / Y	⭐️ 5 (8)
493 Washington Ave, Albany 12206, 1st Floor	$22,840	$104	60%	3	1	3	$0	❌	❌	❌	N / N	⭐️ 0 (2)
Peaceful 3 Bedroom in the Heart of Central Albany	$35,212	$145	65%	3	1	1	$90	✅	❌	❌	Y / Y	⭐️ 4.9 (56)
Spacious apartment in Albany near Hospitals	$15,435	$111	38%	3	1	28	$0	❌	❌	❌	Y / N	⭐️ 1 (1)
Spacious Living PineHills	$24,186	$118	56%	3	1	1	$0	❌	❌	❌	N / N	⭐️ 5 (1)
Spacious, Modern Gem in Melrose - Pet Friendly	$39,510	$127	85%	3	2	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (29)

Return Metrics

28.2% 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)	$43,082	$86,164	$129,246	$172,328	$215,411	$430,822	$1,292,466
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$246,350	$246,350	$246,350	$246,350	$246,350	$246,350	$246,350
Down Payment	$132,650	$132,650	$132,650	$132,650	$132,650	$132,650	$132,650
Property Appreciation	$11,370	$23,081	$35,143	$47,567	$60,364	$130,344	$540,932
Total Return	$433,452	$488,245	$543,390	$598,896	$654,775	$940,166	$2,212,398

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

28.2%

Cap Rate

14.53%

Return on Investment

37.44%

62 Chestnut St Albany, New York, 12210

3 bed • 3 bath • 12 guests

Purchase Price

Est. $1,818/mo

Inquire about this property

Contact Agent

$496,500

Zestimate

Albany

Zoning

Laws

155

Airbnb Investor Score

$24,397

Annual Profit

14.5%

Cap Rate

28.2%

Cash on Cash

$65,609

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $193/night at 59% occupancy.Projected nightly rate is $170/night at 61% occupancy.

Occupancy Rate

Top 31% of comparables

Avg Daily Rate

Top 8% of comparables

Seasonality

40 Airbnb Comparables

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

$38,384

Avg annual revenue

61%

Avg occupancy rate

$170

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

$50k

$70k

$43,082

Profit

Revenue

$65,609

Operating Expenses

$10,512

Operating Income

$55,097

Mortgage & Taxes

$12,014

Profit (Cash Flow)

$43,082

$141,400

Cash Investment

Down Payment

$132,650

Renos & Furnishing

$8,750

Total

$141,400

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

28.2%

Cap Rate

14.53%

Return on Investment

37.44%

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

$15,849

Deductible property tax

$12,014

Your total deduction

$15,348

Your adjusted annual income

$150,000 - $15,348 = $134,652

Taxes on $134,652 (30%)

$40,396

Your old tax bill

$45,000

Your new tax bill

$40,396

Estimated tax savings

$4,604

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:

1,742 sqft

Year built:

1869

Size:

Type:

MULTI_FAMILY

Parking:

Heating:

Baseboard, Ductless, Forced Air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: MULTI_FAMILY

Stories: -

Lot size: 1,742 sqft

Building area: -

Garage: No

Heating: Baseboard, ductless, forced air

Pool: No

Fireplaces: -

Basement: Yes

Cooling: Ductless

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: 010100 76.24625

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $424,961

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $508,200

Schools

Elementary School: Giffen Memorial Elementary School with 1/10 star rating
High School: Albany High School with 4/10 star rating