BNBCalc Short Term Rental Investment Analysis 6676 North Mears Street, Portland, OR

2 bed • 2 bath • 4 guests • $694,000

BNB

Calc

Annual Revenue

$36,462

Profit (Cash Flow)

$24,852

Cap Rate

4.6%

Annual Revenue

$36,462

AirDNA projects $107/night at 77% occupancy ($30,092). Airbtics projects $149/night at 67% occupancy ($36,462). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 67% occupancy rate, $149 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$22,818	$40,573	$53,868	$63,887
Occupancy	50%	72%	80%	88%
Nightly Rate	$122	$150	$178	$191

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
University Park Garden Guest House	$44,144	$191	62%	2	1.5	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (62)
St. John’s/cathedral park private getaway	$36,068	$123	77%	2	1	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (242)
The University Park Art House	$40,138	$138	75%	2	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (124)
Art Deco Oasis: Den, Office, Garden	$51,349	$169	80%	2	2	2	$185	❌	❌	❌	Y / Y	⭐️ 4.5 (13)
2-Bedroom Light & Bright St Johns Central House	$41,405	$142	76%	2	1.5	1	$125	❌	❌	❌	Y / Y	⭐️ 5 (206)
Modern Stylish 2 BR in Historic St. Johns	$39,742	$160	65%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (24)
N. PDX Serene/Art Filled Family Home	$59,092	$179	88%	2	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (66)
Charming 1909 St Johns Bungalow	$35,981	$136	70%	2	1	1	$95	❌	❌	❌	Y / Y	⭐️ 5 (143)
Home Sweet Home in St. Johns	$39,330	$148	72%	2	2	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (123)
Cathedral Park Chateau/ Office & Private Yard	$68,079	$222	80%	2	2.5	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (37)
BlackBox Luxurious historic restoration with 5 beds!	$35,185	$116	75%	2	2	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (234)
Peaceful, Spacious North Portland Bungalow	$31,976	$164	49%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (20)
Cathedral Park townhome w Patio & Porch!	$49,826	$178	73%	2	1.5	1	$90	❌	❌	✅	Y / Y	⭐️ 5 (77)
Live Small to Live Large.	$16,267	$58	72%	2	1	2	$98	❌	❌	❌	Y / Y	⭐️ 5 (78)
Light-Filled 1927 Bungalow - Grocery + Food Carts	$35,743	$169	56%	2	2	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (131)
D & M Homestay	$21,653	$116	51%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (18)
Adorable St. Johns House w/Porch	$32,032	$90	96%	2	1	7	$150	❌	❌	❌	Y / Y	⭐️ 5 (41)
Charming 1913 St. Johns Bungalow	$41,595	$122	92%	2	1	2	$100	❌	❌	✅	Y / Y	⭐️ 4.9 (59)
Cozy, Artsy St Johns Bungalow	$38,330	$210	49%	2	1	28	$150	❌	❌	❌	Y / Y	⭐️ 5 (39)
Great Two Bedroom Apt. in Portland!	$31,842	$174	50%	2	1	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (147)
Home w/ AC, The Feathered Nest, St. Johns Bungalow	$46,072	$136	88%	2	1	2	$100	❌	❌	✅	Y / Y	⭐️ 4.8 (373)
St. Johns Portland house close to UP.	$26,376	$190	35%	2	1	2	$149	❌	❌	❌	N / Y	⭐️ 5 (29)
1928 Craftsman! 87 Walkscore! Food Carts, Grocery	$32,628	$220	38%	2	2	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (15)
Peaceful Sanctuary in Portsmouth	$57,024	$157	96%	2	2.5	7	$100	❌	❌	❌	Y / Y	⭐️ 5 (128)
Contemporary, sleeps 5, hot tub.	$48,934	$191	70%	2	2.5	2	$0	❌	✅	✅	Y / Y	⭐️ 5 (21)
Cozy and Modern Lower-Level Apartment	$36,654	$120	81%	2	1	1	$60	❌	❌	✅	Y / Y	⭐️ 5 (141)
St. Johns Townhouse River View	$35,305	$182	53%	2	3	2	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (14)
Charming Craftsman Perfect for Long Term Stays	$25,122	$132	52%	2	1	30	$375	❌	❌	✅	Y / Y	⭐️ 5 (27)
Luxury Private 2 Bedroom Apartment w/Healthclub	$26,505	$102	71%	2	1	30	$450	❌	❌	✅	Y / Y	⭐️ 5 (11)
NoPo Heaven - 2-Bdrm Home Dog Friendly w/ Backyard	$27,637	$85	85%	2	1	30	$150	❌	❌	✅	Y / Y	⭐️ 4.9 (13)
Cozy home near St Johns, w/ office & big backyard	$23,921	$152	43%	2	1	30	$100	❌	❌	✅	Y / Y	⭐️ 5 (7)
Sleek & Modern Vaulted Townhouse, so much light!	$25,284	$157	44%	2	3	6	$0	❌	❌	✅	Y / Y	⭐️ 5 (1)
Quaint Craftsman Bungalow	$37,686	$132	78%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (52)
PDX luxuriously Renovated Home	$29,473	$140	50%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 0 (0)
King Bed - A/C- Outdoor Space - Gated Home!	$42,267	$150	77%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (60)
Private 2 Bedroom Apartment w/Healthclub - Pets OK	$53,064	$179	81%	2	1	30	$125	❌	❌	✅	Y / Y	⭐️ 5 (38)
Mohawk Tea House: St. Johns Urban Jungle Oasis	$19,468	$116	37%	2	1	2	$178	❌	❌	❌	Y / Y	⭐️ 0 (0)
Welcome Home. Cozy nest near park and river.	$35,152	$113	85%	2	1	31	$175	❌	❌	✅	Y / Y	⭐️ 0 (1)
St. John's Chalet with AC and Parking	$56,565	$151	100%	2	1	10	$110	❌	❌	❌	N / Y	⭐️ 4.9 (50)

Return Metrics

40.07% 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)	$24,851	$49,703	$74,554	$99,406	$124,258	$248,516	$745,548
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$659,300	$659,300	$659,300	$659,300	$659,300	$659,300	$659,300
Down Payment	$34,700	$34,700	$34,700	$34,700	$34,700	$34,700	$34,700
Property Appreciation	$20,820	$42,264	$64,352	$87,103	$110,536	$238,677	$990,520
Total Return	$739,671	$785,967	$832,907	$880,509	$928,794	$1,181,194	$2,430,068

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

40.07%

Cap Rate

4.57%

Return on Investment

85.52%

6676 N Mears St B Portland, Oregon, 97203

2 bed • 2 bath • 4 guests

Purchase Price

Est. $3,329/mo

Inquire about this property

Contact Agent

Portland

Guide

Zoning

Market

Guide

Laws

Market Data

Airbnb Investor Score

-$25,155

Annual Profit

4.6%

Cap Rate

40.1%

Cash on Cash

$36,462

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
AirDNA projects $107/night at 77% occupancy ($30,092.45). Airbtics projects $149/night at 67% occupancy ($36,462).

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 53% of comparables

Seasonality

40 Airbnb Comparables

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

$37,312

Avg annual revenue

67%

Avg occupancy rate

$149

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

$35k

$50k

$70k

$24,852

Profit

Revenue

$36,462

Operating Expenses

$4,740

Operating Income

$31,722

Mortgage & Taxes

$6,871

Profit (Cash Flow)

$24,852

$41,200

Cash Investment

Down Payment

$34,700

Renos & Furnishing

$6,500

Total

$41,200

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

40.07%

Cap Rate

4.57%

Return on Investment

85.52%

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

$42,417

Deductible property tax

$6,871

Your total deduction

$173,974

Your adjusted annual income

$150,000 - $173,974 = -$23,974

Taxes on -$23,974 (30%)

-$7,192

Your old tax bill

$45,000

Your new tax bill

-$7,192

Estimated tax savings

$52,192

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:

6,534 sqft

Year built:

1923

Size:

2,591 sqft

Type:

MULTI_FAMILY

Parking:

Heating:

Forced Air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: MULTI_FAMILY

Stories: 3

Lot size: 6,534 sqft

Building area: 2,591 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: -

Basement: Yes

Cooling: Air Conditioning Ready

View: -

Parking: Off Street

Amenities: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater

Price per square foot: $267

Lot Info

Zoning: -

Land Use: -

Parcel Number: R151079

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $795,720

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Middle School: George Middle School with 4/10 star rating
High School: Roosevelt High School with 2/10 star rating