BNBCalc Short Term Rental Investment Analysis 6975 North Oak Ridge Road, Morgantown, IN

2 bed • 2 bath • 4 guests • $227,400

BNB

Calc

Annual Revenue

$99,321

Profit (Cash Flow)

$57,389

Cap Rate

32.0%

Annual Revenue

$99,321

AirDNA projects $293/night at 60% occupancy ($64,209). Airbtics projects $313/night at 60% occupancy ($68,592). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 71% occupancy rate, $383 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$37,657	$75,719	$101,532	$129,224
Occupancy	50%	60%	71%	81%
Nightly Rate	$200	$338	$383	$428

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Secluded Cabin on 16 Beuatiful Acres in Brown Cty	$60,788	$241	66%	2	1	2	$90	❌	❌	✅	Y / Y	⭐️ 4.8 (78)
Covered Bridge Log Cabin	$100,721	$420	64%	2	3	2	$180	❌	✅	❌	Y / N	⭐️ 5 (27)
Lake Hideaway Log Cabin	$55,493	$299	49%	2	1	2	$155	❌	❌	❌	N / N	⭐️ 4.8 (23)
Brown County Cottage	$97,428	$350	75%	2	1	2	$75	❌	✅	✅	N / Y	⭐️ 4.8 (121)
Redwood Lake Cabin	$124,749	$417	81%	2	1	2	$75	❌	✅	✅	N / Y	⭐️ 4.7 (48)
Visit the Bird Nest Guest House in Nashville, IN	$37,617	$199	50%	2	1	1	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (211)
Endless Options	$84,216	$349	64%	2	3	2	$205	✅	✅	❌	Y / Y	⭐️ 4.8 (15)
Wooded &Fabulous Brown County Cabin	$49,502	$238	56%	2	3	2	$40	❌	✅	✅	Y / Y	⭐️ 4.8 (435)
Whippoorwill Woods Cabin	$97,246	$338	77%	2	1	2	$180	❌	✅	✅	N / N	⭐️ 4.8 (72)
1 Sweet Retreat	$119,451	$388	83%	2	1	2	$75	✅	✅	✅	Y / Y	⭐️ 4.8 (198)
Modern Nashville Home in the Woods	$70,238	$219	85%	2	1	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (413)
1891 Schoolhouse Inn	$162,922	$724	60%	2	1	1	$95	❌	✅	✅	Y / Y	⭐️ 5 (151)
Cozy Lakeside Cabin at Lake Lemon	$45,261	$192	62%	2	1	3	$185	❌	✅	❌	Y / Y	⭐️ 4.9 (179)
Little Nashville Town House I	$25,537	$201	33%	2	1	2	$180	❌	❌	❌	N / Y	⭐️ 4.5 (11)
Printers Lane Place	$37,522	$188	53%	2	1	1	$75	❌	❌	✅	Y / Y	⭐️ 5 (74)
Hickory Ridge Log Cabin	$111,820	$386	78%	2	3	2	$180	✅	✅	✅	Y / N	⭐️ 4.8 (17)
Lucy's Loft above Nashville Fudge Kitchen	$42,179	$225	51%	2	1	2	$30	❌	❌	❌	Y / Y	⭐️ 5 (246)
Lemon Ridge Lodge	$122,992	$473	70%	2	3	1	$75	❌	✅	✅	Y / Y	⭐️ 4.8 (103)
"Hippy Hill" Deluxe Camping Cabin #8 Pet Friendly	$34,384	$161	57%	2	1	2	$60	❌	❌	✅	N / N	⭐️ 4 (18)
Bill Monroe Rental Camper	$19,764	$131	41%	2	1	2	$40	❌	❌	✅	N / N	⭐️ 4.6 (45)
"Scruggs" Deluxe Camping Cabin #7 \| Pet Friendly	$38,224	$158	65%	2	1	2	$60	❌	❌	✅	N / N	⭐️ 4.5 (86)
"Flatts" Deluxe Camping Cabin #6 \| Pet Friendly	$35,297	$157	61%	2	1	2	$60	❌	❌	✅	N / N	⭐️ 4.5 (59)
Aspen Lake House Rental	$89,176	$339	71%	2	2	2	$180	✅	✅	❌	Y / N	⭐️ 5 (8)
Snoozing Moose Log Cabin	$69,337	$347	53%	2	2	2	$155	✅	✅	❌	Y / N	⭐️ 4.2 (18)
Cute as a Button on Button Lake	$50,516	$367	36%	2	2	2	$180	❌	❌	✅	Y / Y	⭐️ 4 (1)
Peaceful retreat on 6 acres in Brown County	$30,612	$165	48%	2	2	2	$135	✅	❌	❌	Y / Y	⭐️ 5 (66)
Dogwood Point Log Cabin	$68,807	$375	49%	2	2	2	$155	❌	✅	❌	Y / N	⭐️ 4.7 (12)
Night Owl Log Cabin	$83,812	$341	66%	2	2	2	$180	❌	✅	✅	N / N	⭐️ 4.8 (14)
Dragonfly Hill Cabin	$57,566	$320	47%	2	2	2	$180	✅	✅	✅	N / N	⭐️ 4.5 (43)
Charley's Cabin	$105,358	$389	73%	2	2	1	$75	❌	✅	✅	N / Y	⭐️ 5 (108)
The Lodge at Treetop Retreat	$67,304	$259	71%	2	1	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (48)
Sanctuary Vacation Log Cabin	$71,806	$373	51%	2	2	2	$155	❌	✅	✅	Y / Y	⭐️ 4.8 (43)
Overlook Log Cabin Rental	$87,701	$424	55%	2	2	2	$155	❌	✅	❌	Y / Y	⭐️ 4.9 (19)
Point of View Vacation Rental	$64,472	$310	56%	2	2	2	$155	❌	✅	❌	N / Y	⭐️ 4.6 (37)
Deer Dance Log Cabin	$129,683	$382	92%	2	2	1	$75	✅	✅	✅	Y / Y	⭐️ 4.8 (159)
Hop, Skip and Jump Log Cabin	$71,152	$372	51%	2	2	2	$155	❌	✅	✅	Y / Y	⭐️ 4.6 (28)
Lake Lemon Retreat	$52,188	$518	27%	2	1	2	$155	❌	❌	✅	Y / N	⭐️ 5 (2)
Peaceful Easy Feeling Log Cabin	$71,710	$500	38%	2	4	2	$155	❌	✅	✅	Y / N	⭐️ 4.3 (3)
1840 Stagecoach	$33,754	$138	64%	2	2	2	$75	❌	✅	✅	N / Y	⭐️ 4.8 (109)
The Hidden Shroom	$48,532	$156	85%	2	1	1	$0	❌	✅	✅	N / Y	⭐️ 5 (60)

Return Metrics

97.59% 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)	$57,389	$114,778	$172,168	$229,557	$286,947	$573,894	$1,721,682
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$181,920	$181,920	$181,920	$181,920	$181,920	$181,920	$181,920
Down Payment	$45,480	$45,480	$45,480	$45,480	$45,480	$45,480	$45,480
Property Appreciation	$6,822	$13,848	$21,086	$28,540	$36,218	$78,206	$324,559
Total Return	$291,611	$356,027	$420,654	$485,498	$550,565	$879,500	$2,273,641

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

97.59%

Cap Rate

31.98%

Return on Investment

112.99%

6975 N Oak Ridge Rd Morgantown, Indiana, 46160

2 bed • 2 bath • 4 guests

Purchase Price

Est. $1,091/mo

Inquire about this property

Contact Agent

$227,400

Zestimate

507

Airbnb Investor Score

$57,389

Annual Profit

32.0%

Cap Rate

97.6%

Cash on Cash

$99,321

Annual Revenue

BNBCalc predicts this property will get $313 per night with 60% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 26% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$70,670

Avg annual revenue

60%

Avg occupancy rate

$313

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

$20k

$65k

$115k

$165k

$57,389

Profit

Revenue

$99,321

Operating Expenses

$26,592

Operating Income

$72,729

Mortgage & Taxes

$15,340

Profit (Cash Flow)

$57,389

$58,802

Cash Investment

Down Payment

$45,480

Renos & Furnishing

$6,500

Closing Costs

$6,822

Total

$58,802

DSCR Ratio

Strong

4.74

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

97.59%

Cap Rate

31.98%

Return on Investment

112.99%

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

$10,793

Deductible property tax

$2,251

Your total deduction

-$33,964

Your adjusted annual income

$150,000 - -$33,964 = $183,964

Taxes on $183,964 (30%)

$55,189

Your old tax bill

$45,000

Your new tax bill

$55,189

Estimated tax savings

-$10,189

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:

3.36 sqft

Year built:

2005

Size:

1,876 sqft

Type:

MANUFACTURED

Parking:

Heating:

Other

Sold Comparables

Property Details

MLS Status: N/A

Property Use: MANUFACTURED

Stories: -

Lot size: 3.36 sqft

Building area: 1,876 sqft

Garage: No

Heating: Other

Pool: No

Fireplaces: -

Basement: Yes

Cooling: Central

View: -

Parking: -

Amenities: -

Price per square foot: $121

Lot Info

Zoning: -

Land Use: -

Parcel Number: 070323100113000002

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $157,000

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $227,400

Schools

Elementary School: Helmsburg Elementary School with 4/10 star rating
Middle School: Brown County Junior High with 6/10 star rating
High School: Brown County High School with 4/10 star rating