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BNBCalc Short Term Rental Investment Analysis 6838 E 4th Ave, Gary, IN 46403

3 bed • 2 bath • 9 guests • $2,800

BNB

Calc

Annual Revenue

$56,803

Profit (Cash Flow)

$35,550

Cap Rate

1276.4%

Annual Revenue

$56,803

AirDNA projects $324/night at 48% occupancy ($56,802). Airbtics projects $254/night at 54% occupancy ($50,096). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 48% occupancy rate, $324 rate per night.

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

Percentiles25%50%75%90%
Revenue$29,132$44,192$81,740$118,830
Occupancy42%52%70%74%
Nightly Rate$178$219$302$418

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
Huge yard w/ hot tub and firepit, dog friendly!

No image available

$36,550
$188
45%
312$199❌✅✅Y / Y⭐️ 4.3 (34)
Home Theatre +Fire Pit+Enclosed Porch +

No image available

$56,463
$174
77%
312$250❌❌✅Y / Y⭐️ 4.7 (99)
Midcentury Cottage 3bd IN Dunes Natl Park, Lake MI

No image available

$41,028
$137
75%
311$150❌❌✅Y / Y⭐️ 4.8 (170)
Luxury Cottage nestled in nature, close to beach

No image available

$25,381
$137
46%
313$150❌❌✅Y / Y⭐️ 4.9 (64)
Miller Beach Cozy Cottage with indoor fireplace

No image available

$31,482
$152
49%
312$160❌❌❌Y / Y⭐️ 5 (38)
16 Sandals

No image available

$31,441
$242
33%
312$275❌❌✅Y / Y⭐️ 4.8 (8)
Party Porch Place in Miller Beach, Indiana Dunes

No image available

$77,680
$274
74%
332$75❌❌❌Y / Y⭐️ 4.9 (50)
Steps from the beach and a mile from National Park

No image available

$102,501
$540
50%
332$150❌❌✅Y / Y⭐️ 5 (64)
Fun~Loft~Beach~Grill~Indiana Dunes National Park

No image available

$62,930
$245
66%
311$200❌❌❌Y / Y⭐️ 4.8 (23)
Woodland & Beach FairyForest Theme+ Screen’d Porch

No image available

$45,934
$216
56%
312$90❌❌✅N / Y⭐️ 4.8 (61)
Peaceful Getaway in Miller Beach

No image available

$48,153
$213
55%
322$225❌❌❌Y / Y⭐️ 4.8 (31)
Nice beach house

No image available

$59,429
$330
43%
322$150❌❌❌Y / Y⭐️ 4.8 (41)
Indiana Dunes Park Getaway w/Firepit, Near Beach

No image available

$39,840
$234
40%
324$150❌❌❌Y / Y⭐️ 4.8 (52)
Stylish cozy Bungalow near beach and Nat'l Park

No image available

$56,543
$283
50%
322$209❌✅✅Y / Y⭐️ 4.3 (58)
Miller Beach Dune House

No image available

$29,272
$140
53%
313$120❌❌✅Y / Y⭐️ 4.6 (147)
Gorgeous, Fully Furnished Miller Home Close-Beach!

No image available

$55,179
$198
75%
313$175❌❌❌Y / Y⭐️ 4.8 (5)
A Taste of Serenity

No image available

$58,464
$441
34%
322$200❌✅❌Y / Y⭐️ 4.8 (41)
Kayaker’s Dune Cottage

No image available

$47,968
$200
62%
322$150❌❌✅Y / Y⭐️ 5 (147)
Rivera House-fun and comfort steps from the beach

No image available

$69,819
$569
33%
323$165❌❌✅Y / Y⭐️ 5 (27)
Sunset beach house

No image available

$49,153
$178
71%
323$150❌✅❌Y / Y⭐️ 5 (93)
Modern Waterfront Home | Deck/BBQ | Walk to Beach

No image available

$54,837
$194
68%
322$197❌❌✅Y / Y⭐️ 4.8 (29)
Nature inspired 3 bedroom home close to beach.

No image available

$63,829
$228
74%
323$200❌❌❌Y / Y⭐️ 5 (28)
Pet-Friendly Lake Getaway: 1 Block to Beach!

No image available

$58,500
$280
52%
322$181❌❌✅Y / Y⭐️ 4.8 (20)
Zen House by the beach ~Near National Park

No image available

$41,958
$293
37%
322$150❌❌❌Y / Y⭐️ 4.8 (48)
Miller Beach House, Lakefront home on the shores o

No image available

$47,960
$336
39%
321$0❌❌❌Y / Y⭐️ 4.5 (8)
Miller Beach Retreat/no cleaning fee

No image available

$31,856
$256
34%
322$0✅❌✅Y / Y⭐️ 4.8 (112)
Unique Gary Home Near Lake Michigan Beaches!

No image available

$85,543
$416
50%
322$258❌❌❌Y / N⭐️ 4.8 (15)
Spacious MCM beach house with private yard!

No image available

$48,077
$194
64%
322$165✅❌✅Y / Y⭐️ 4.9 (24)
Private Wooded Acre, Soaring Windows in Nat’l Park

No image available

$56,740
$369
40%
323$225❌❌✅Y / Y⭐️ 4.9 (52)
Remarkable Ranch+Hot Tub+ Game Room +Fitness Room!

No image available

$115,825
$390
72%
332$295❌✅✅Y / Y⭐️ 4.5 (15)
See Indiana Dunes & Lake Michigan in Miller Beach!

No image available

$46,516
$179
71%
313$120❌❌❌Y / Y⭐️ 4.9 (61)
Immaculate Family Townhome - Walk to Beach!

No image available

$150,043
$404
100%
332$181❌❌❌Y / Y⭐️ 4 (7)
Indiana Dunes+Lagoon+LakeMichigan Beach 3blks+Bike

No image available

$15,885
$62
70%
3125$200❌❌❌Y / Y⭐️ 5 (11)
The Supreme Suite One-Story home, big backyard!

No image available

$32,578
$116
71%
312$195❌❌✅Y / Y⭐️ 4.7 (6)
Cozy home 3bdrm2 Bath Gary/Miller Beach location.

No image available

$47,786
$204
64%
322$0❌❌✅Y / Y⭐️ 4.7 (18)
Welcome to Lake Jo’Mar Beach house. Dunes & Beach!

No image available

$33,873
$127
54%
312$175❌❌❌N / N⭐️ 4.5 (73)
Quiet retreat near hiking and beach

No image available

$18,300
$100
50%
311$0❌❌❌N / N⭐️ 4.9 (17)
The Sandcastle-Hot Tub-Fire Pit-Walk to the beach

No image available

$92,210
$500
43%
332$275❌✅❌Y / Y⭐️ 4.5 (24)

Return Metrics

388.77% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$35,549$71,099$106,648$142,198$177,747$355,495$1,066,485
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$2,240$2,240$2,240$2,240$2,240$2,240$2,240
Down Payment$560$560$560$560$560$560$560
Property Appreciation$84$170$259$351$445$962$3,996
Total Return$38,433$74,069$109,708$145,349$180,993$359,258$1,073,281

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

388.77%

Cap Rate

1,276.37%

Return on Investment

389.99%

property-location

6838 E 4th Ave Gary, IN, 46403

3 bed • 2 bath • 9 guests

Est. $13/mo

Agent

This property is for sale!

Contact Agent

Gary

Zoning


Laws

12431

Airbnb Investor Score

$35,549

Annual Profit

1276.4%

Cap Rate

388.8%

Cash on Cash

$56,803

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $324/night at 48% occupancy.Projected nightly rate is $254/night at 54% occupancy.

Top 63% of comparables

Top 23% 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.

$52,722

Avg annual revenue

54%

Avg occupancy rate

$254

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

$60k

$105k

$150k

Sign up to see the data on 40 all comparables

$35,550

Profit

Revenue

$56,803

Operating Expenses

$21,064

Operating Income

$35,738

Mortgage & Taxes

$189

Profit (Cash Flow)

$35,550

$9,144

Cash Investment

Down Payment

$560

Renos & Furnishing

$8,500

Closing Costs

$84

Total

$9,144

DSCR Ratio

Strong

189.21

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

388.77%

Cap Rate

1,276.37%

Profit (Cummulative)

$35,550

$2,240

$8,500

$84

$0

Total Gain

$35,661

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

$133

Deductible property tax

$28

Your total deduction

-$34,099

Your adjusted annual income

$150,000 - -$34,099 = $184,099


Taxes on $184,099 (30%)

$55,230

Your old tax bill

$45,000

Your new tax bill

$55,230


Estimated tax savings

-$10,230

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:

-

Year built:

-

Size:

-

Type:

SFR

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: SFR
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -