BNBCalc Short Term Rental Investment Analysis 644 Marengo Avenue, Forest Park, IL

3 bed • 2 bath • 8 guests • $700,000

BNB

Calc

Annual Revenue

$38,657

Profit (Cash Flow)

-$51,996

Cap Rate

2.6%

Annual Revenue

$38,657

AirDNA projects $199/night at 62% occupancy ($45,063). Airbtics projects $168/night at 63% occupancy ($38,657). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 63% occupancy rate, $168 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$25,779	$37,877	$57,060	$82,492
Occupancy	51%	64%	77%	87%
Nightly Rate	$132	$155	$195	$247

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
NEW Gather in spacious 3 bedroom 2 bath home	$68,251	$259	72%	3	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (98)
Adorable house Madison Street w/ 2 car garage!	$47,971	$162	77%	3	1	1	$165	❌	❌	✅	Y / Y	⭐️ 5 (106)
5C5ih3 JKL Spacious house cls dwntwn Chicago&Loyla	$19,800	$128	38%	3	2	1	$54	❌	❌	❌	Y / Y	⭐️ 4.3 (10)
Pearly Gates w/ 2-Car Garage	$33,387	$106	72%	3	1	1	$147	❌	❌	✅	Y / Y	⭐️ 4.5 (125)
Roomy Apartment 10 miles from Chicago	$75,302	$213	90%	3	1	1	$125	❌	❌	✅	N / Y	⭐️ 5 (59)
Spacious, Charming 3bd Unit @ Forest Park/Oak Park	$30,131	$127	63%	3	1	3	$120	❌	❌	✅	Y / Y	⭐️ 5 (155)
Cozy charming 3br/1ba apt fully equipped fast wifi	$34,111	$132	67%	3	1	3	$120	❌	❌	❌	Y / Y	⭐️ 5 (24)
2D2ih4x Spacious Prvte Fl Cls Dwntwn Chcago&Loyola	$12,560	$90	34%	3	2	1	$59	❌	❌	❌	Y / Y	⭐️ 4.5 (21)
Charming, Comfortable 3BR-Park free-Walk to Train	$39,578	$134	78%	3	1	2	$60	❌	❌	❌	Y / Y	⭐️ 5 (73)
Picture Perfect 3Bed Steps from Train and FLW	$50,934	$155	87%	3	2	1	$75	❌	❌	✅	Y / Y	⭐️ 5 (203)
Restful Retreat Perfectly Located by Train+Shops	$47,657	$144	87%	3	2	1	$50	❌	❌	✅	N / Y	⭐️ 5 (338)
The Belvidere	$37,078	$133	74%	3	1	3	$175	❌	❌	❌	Y / Y	⭐️ 5 (120)
Large sunny 3BR apt. in downtown Oak Park	$43,002	$181	64%	3	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (181)
Peaceful Oak Park Condo Next to Green Line Metro	$44,270	$164	73%	3	2	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (341)
1 King 2 Queen Frank Loyd studio 1 free parking	$51,880	$160	82%	3	1	3	$160	❌	❌	❌	Y / Y	⭐️ 5 (88)
First floor of Historic Oak Park Villa / 2Car Grge	$42,991	$186	60%	3	1	1	$97	❌	❌	❌	Y / Y	⭐️ 5 (59)
Top floor of Historic Oak Park Home / 2 Car Grge	$51,589	$191	71%	3	1	2	$97	✅	❌	❌	Y / Y	⭐️ 5 (96)
5 guests 3 bdrm 1 free parking in Oak Park IL	$22,427	$131	44%	3	1	2	$110	❌	❌	✅	Y / Y	⭐️ 4.5 (51)
Bright MidCentury Modern Retreat: 2 free parking	$45,210	$236	48%	3	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (57)
3J5ih3 First floor close to Chicago and Lolyoa	$22,065	$155	36%	3	2	1	$54	❌	❌	❌	N / Y	⭐️ 0 (0)
Restored Victorian Locale Queen Beds w/ Parking	$45,446	$211	56%	3	1	2	$135	❌	❌	✅	Y / Y	⭐️ 5 (34)
9A4ihy Lovely private apt near downtwn&Med Ctr	$12,911	$90	34%	3	1	1	$54	❌	❌	❌	Y / Y	⭐️ 4.5 (16)
3J5ih2 First floor close to Chicago and Lolyoa	$21,113	$148	36%	3	2	1	$54	❌	❌	❌	N / Y	⭐️ 0 (0)
Insta-worthy Loft Condo, FREE Parking, Fenced Yard	$33,748	$136	60%	3	1	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (42)
Urban Chic 3beds w/2bath + free parking & W/D	$37,870	$156	61%	3	1.5	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (114)
So Much Space in this Vintage Three Bedroom Apt!	$49,942	$207	63%	3	1	21	$150	❌	❌	❌	Y / Y	⭐️ 4.5 (27)
3J5ih1 First floor close to Chicago and Lolyoa	$21,450	$146	37%	3	2	1	$54	❌	❌	❌	Y / Y	⭐️ 0 (0)
Oak Park Bungalow	$40,024	$165	65%	3	1	3	$80	❌	❌	❌	Y / Y	⭐️ 5 (73)
Walking Distance to Everything.	$38,233	$131	78%	3	1	5	$99	❌	❌	❌	Y / Y	⭐️ 5 (150)
3-bedroom flat in Chicagoland’s Berwyn	$34,199	$132	69%	3	1	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (102)
Oak Park - Wine House!	$80,253	$302	69%	3	1.5	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (34)
2D1ih1 Spacious Prvte Flr Cls Dwntwn Chcago&Loyola	$29,092	$246	30%	3	2	1	$59	❌	❌	❌	Y / Y	⭐️ 4.3 (24)
The Cosmopolitan Unit	$32,443	$96	87%	3	1	2	$95	❌	❌	✅	Y / Y	⭐️ 5 (50)
Lovely 3-bedroom Condo w/ balcony close to train	$47,322	$213	60%	3	1	3	$120	❌	❌	❌	Y / Y	⭐️ 5 (43)
(Mostly) Lion-free Lodge	$50,529	$177	78%	3	1	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (40)
9A4ihx Lovely private apt near downtwn&Med Ctr	$13,792	$88	37%	3	1	1	$54	❌	❌	❌	Y / Y	⭐️ 3.6 (6)
8 Mi to Chicago: Oak Park Home w/ Fenced Backyard!	$65,275	$291	56%	3	1	3	$248	❌	❌	✅	Y / Y	⭐️ 3.5 (3)
Downtown Oak Park - Luxury 3 bed 3.5 bath Townhome	$103,611	$281	99%	3	3.5	3	$240	❌	❌	✅	Y / Y	⭐️ 5 (97)
The Artist's Loft - Oak Park	$44,046	$138	84%	3	1	2	$120	❌	❌	❌	N / Y	⭐️ 5 (37)
Entire Apartment in Oak Park, IL	$37,651	$190	52%	3	2	1	$80	❌	❌	❌	Y / Y	⭐️ 5 (35)

Return Metrics

-176.25% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$51,995	-$103,991	-$155,986	-$207,982	-$259,977	-$519,955	-$1,559,867
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$699,999	$699,999	$699,999	$699,999	$699,999	$699,999	$699,999
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$21,000	$42,630	$64,908	$87,856	$111,491	$240,741	$999,083
Total Return	$669,004	$638,638	$608,922	$579,873	$551,513	$420,785	$139,216

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-176.25%

Cap Rate

2.61%

Return on Investment

-80.96%

644 Marengo Ave Forest Park, Illinois, 60130

3 bed • 2 bath • 8 guests

Purchase Price

Est. $3,357/mo

Inquire about this property

Contact Agent

-516

Airbnb Investor Score

-$51,995

Annual Profit

2.6%

Cap Rate

-176.3%

Cash on Cash

$38,657

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $199/night at 62% occupancy.Projected nightly rate is $168/night at 63% occupancy.

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.

$41,478

Avg annual revenue

63%

Avg occupancy rate

$168

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

$10k

$40k

$70k

$105k

-$51,996

Profit

Revenue

$38,657

Operating Expenses

$20,348

Operating Income

$18,310

Mortgage & Taxes

$70,305

Profit (Cash Flow)

-$51,996

$29,500

Cash Investment

Down Payment

Renos & Furnishing

$8,500

Closing Costs

$21,000

Total

$29,500

DSCR Ratio

Weak

0.26

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-176.25%

Cap Rate

2.61%

Return on Investment

-80.96%

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

$48,545

Deductible property tax

$14,420

Your total deduction

$122,243

Your adjusted annual income

$150,000 - $122,243 = $27,757

Taxes on $27,757 (30%)

$8,327

Your old tax bill

$45,000

Your new tax bill

$8,327

Estimated tax savings

$36,673

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:

4,125 sqft

Year built:

1972

Size:

Type:

MULTI_FAMILY

Parking:

Heating:

Natural Gas, Propane, Baseboard, Radiant

Sold Comparables

Property Details

MLS Status: N/A

Property Use: MULTI_FAMILY

Stories: -

Lot size: 4,125 sqft

Building area: -

Garage: No

Heating: Natural gas, propane, baseboard, radiant

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: Assigned

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: 15132230430000

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $299,100

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Middle School: Forest Park Middle School with 4/10 star rating
High School: Proviso East High School with 2/10 star rating