BNBCalc Short Term Rental Investment Analysis 630 Meade St, Rapid City, SD, 57701

2 bed • 1 bath • 6 guests • $228,100

BNB

Calc

Annual Revenue

$38,128

Profit (Cash Flow)

$4,104

Cap Rate

8.5%

Annual Revenue

$38,128

AirDNA projects $145/night at 72% occupancy ($38,131). Airbtics projects $143/night at 73% occupancy ($38,127). Airbtics predicts this property will perform in the 50% revenue percentile

BNB Calc projects a 73% occupancy rate, $143 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$23,153	$37,266	$52,086	$66,977
Occupancy	59%	76%	86%	93%
Nightly Rate	$105	$131	$161	$191

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
✲Centrally Located✔Disney+✲Close to Dwtn⟰Clean!✲	$36,625	$112	86%	2	1	2	$105	❌	❌	❌	Y / Y	⭐️ 5 (112)
2 bedroom 1 bath apartment	$17,200	$142	32%	2	1	2	$95	❌	❌	❌	Y / Y	⭐️ 4.7 (37)
Mt. Rushmore Rd. /Dowtown RC Hygge Home	$37,004	$115	86%	2	1	1	$45	❌	❌	✅	Y / Y	⭐️ 5 (230)
Newly furnished 2+ BR home in quiet neighborhood	$35,556	$133	71%	2	1	1	$150	❌	❌	❌	Y / N	⭐️ 4.5 (14)
Urban suite	$19,867	$81	66%	2	1	2	$50	❌	❌	✅	Y / Y	⭐️ 5 (216)
Historical Downtown Cottage with Hot Tub	$56,693	$153	99%	2	1.5	2	$139	❌	✅	✅	Y / Y	⭐️ 5 (85)
Nice 2 Bedroom Downtown Apartment-Walk everywhere	$28,983	$157	49%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (66)
Downtown Cottage with Hot Tub	$40,076	$114	92%	2	1	2	$129	❌	✅	❌	Y / Y	⭐️ 5 (119)
Adorable unit in Historic West Blvd district	$18,966	$87	58%	2	1	3	$55	❌	❌	❌	N / Y	⭐️ 5 (115)
Rose Building - Apt 1	$28,477	$105	73%	2	1	2	$28	❌	❌	❌	Y / Y	⭐️ 5 (101)
Luxury Modern “Hay Camp” Loft Downtown Rapid City	$43,580	$187	62%	2	2	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (49)
No airbnb fees! Cleaning fee only 2bedroomDowntown	$28,937	$130	57%	2	1	1	$99	❌	❌	❌	Y / Y	⭐️ 5 (79)
Beautiful 2 Bedroom West Blvd!	$28,126	$85	87%	2	1	1	$40	❌	❌	❌	N / Y	⭐️ 5 (114)
Cozy 2 bedroom 1 bath rental unit with covered parking	$18,255	$119	39%	2	1	2	$95	❌	❌	❌	Y / Y	⭐️ 4.7 (40)
Flat 8 - NEW and downtown!	$42,044	$232	49%	2	2	2	$80	❌	❌	❌	Y / Y	⭐️ 5 (45)
Cheerful 2-bedroom Urban Bungalow	$26,171	$94	74%	2	1	2	$50	❌	❌	✅	Y / Y	⭐️ 5 (163)
✦Close to Dwtn⟰✦Patio Seating✦Disney+✦Clean&Quiet✦	$27,795	$89	80%	2	1	2	$105	❌	❌	❌	Y / Y	⭐️ 5 (155)
Apt 4, Historic District, Downtown	$33,913	$106	80%	2	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (88)
Monumental Stay-HOT TUB/lower unit/SUPER CLEAN	$53,656	$159	90%	2	1	1	$65	❌	✅	❌	Y / Y	⭐️ 5 (84)
Luxury Modern “Rushmore” Loft Downtown Rapid City	$45,535	$182	66%	2	2	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (71)
Apt 1, Historic District, Downtown	$27,852	$102	69%	2	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (110)
Downtown, 2bedroom, 2 bath, Beautiful Apartment!	$25,456	$107	58%	2	2	1	$145	❌	❌	❌	Y / Y	⭐️ 5 (75)
Eclectic Bungalow in the Heart of the City	$52,761	$167	85%	2	2	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (66)
Dakota Bungalow	$48,554	$136	97%	2	1	2	$75	❌	❌	✅	N / Y	⭐️ 5 (65)
Early 1900s charming yellow home	$49,434	$170	78%	2	1	2	$150	❌	✅	❌	Y / Y	⭐️ 5 (79)
Modern Rapid City Duplex < 10 Mi to Nat’l Forest!	$24,222	$132	47%	2	1	2	$104	❌	❌	❌	Y / Y	⭐️ 4.5 (9)
Downtown Condo \| Lower Level	$28,917	$96	74%	2	1	2	$145	❌	❌	❌	Y / Y	⭐️ 4.5 (15)
CHARMING RETREAT 2BD 2BTH TOWNHOME Garage+Parking	$82,013	$232	96%	2	2	2	$75	❌	❌	✅	Y / Y	⭐️ 5 (30)
The Columbus Street House \| Historic Downtown Area	$45,469	$144	84%	2	1	2	$89	❌	❌	❌	Y / Y	⭐️ 5 (107)
Central Rapid City Home w/ Sunroom & Fireplace!	$124,402	$384	85%	2	1	2	$165	❌	❌	✅	Y / Y	⭐️ 5 (21)
New Downtown Cottage	$50,815	$178	78%	2	1.5	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (38)
Modern 2 bdrm loft near restaurants & attractions	$31,370	$83	98%	2	1	2	$100	❌	❌	✅	Y / Y	⭐️ 4.5 (13)
Cozy 2 Bed for a quiet retreat	$23,970	$111	59%	2	1	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (14)
Cozy home with vintage charm near downtown.	$94,149	$305	84%	2	2	3	$89	❌	❌	✅	Y / Y	⭐️ 5 (3)
The Corner House Apt #2 \| Historic Downtown Area	$39,875	$125	86%	2	1	2	$59	❌	❌	❌	Y / Y	⭐️ 5 (202)
Swank Luxury Loft Apartment	$38,482	$173	59%	2	1	1	$125	❌	❌	❌	Y / N	⭐️ 5 (22)
The Whisperwood: Clean & Cozy	$36,664	$154	65%	2	1	5	$15	❌	❌	❌	Y / Y	⭐️ 4.5 (7)
Fenced Yard & Centrally Located	$46,488	$133	93%	2	1	1	$115	❌	❌	✅	Y / Y	⭐️ 5 (55)
Modern Downtown Apartment in Rapid City	$32,613	$105	84%	2	1	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (37)
Cute & Comfy Stay!	$22,761	$106	53%	2	1	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (79)

Return Metrics

6.99% 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)	$4,104	$8,208	$12,312	$16,417	$20,521	$41,042	$123,128
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$182,480	$182,480	$182,480	$182,480	$182,480	$182,480	$182,480
Down Payment	$45,620	$45,620	$45,620	$45,620	$45,620	$45,620	$45,620
Property Appreciation	$6,843	$13,891	$21,151	$28,628	$36,330	$78,447	$325,558
Total Return	$239,047	$250,199	$261,563	$273,145	$284,951	$347,590	$676,787

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

6.99%

Cap Rate

8.54%

Return on Investment

22.46%

630 Meade St Rapid City, South Dakota, 57701

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,094/mo

Inquire about this property

Contact Agent

$228,100

Zestimate

Rapid City

Zoning

Laws

Airbnb Investor Score

$4,104

Annual Profit

8.5%

Cap Rate

7.0%

Cash on Cash

$38,128

Annual Revenue

BNBCalc predicts this property will get $143 per night with 73% occupancy, putting it in the top 50% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 38% of comparables

Seasonality

40 Airbnb Comparables

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

$39,843

Avg annual revenue

73%

Avg occupancy rate

$143

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

$50k

$85k

$125k

$4,104

Profit

Revenue

$38,128

Operating Expenses

$18,637

Operating Income

$19,491

Mortgage & Taxes

$15,387

Profit (Cash Flow)

$4,104

$58,713

Cash Investment

Down Payment

$45,620

Renos & Furnishing

$6,250

Closing Costs

$6,843

Total

$58,713

DSCR Ratio

Strong

1.27

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

6.99%

Cap Rate

8.54%

Return on Investment

22.46%

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

$10,826

Deductible property tax

$2,258

Your total deduction

$19,356

Your adjusted annual income

$150,000 - $19,356 = $130,644

Taxes on $130,644 (30%)

$39,193

Your old tax bill

$45,000

Your new tax bill

$39,193

Estimated tax savings

$5,807

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:

6,969 sqft

Year built:

1956

Size:

1,056 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Natural Gas, Forced Air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 6,969 sqft

Building area: 1,056 sqft

Garage: No

Heating: Natural gas, forced air

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: Refrig. C/Air

View: -

Parking: No Garage

Amenities: Refrigerator, Electric Range Oven, Washer, Dryer

Price per square foot: $216

Lot Info

Zoning: -

Land Use: -

Parcel Number: 3712107009

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $109,600

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $228,100

Schools

Middle School: South Middle School - 36 with 3/10 star rating
High School: Central High School - 41 with 3/10 star rating