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Bedrooms

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Bathrooms

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Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


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BNBCalc Short Term Rental Investment Analysis 700 W Bittersweet Pl 405, Chicago, IL 60613

1 bed β€’ 1 bath β€’ 3 guests β€’ $139,900

BNB

Calc

Annual Revenue

$32,945

Profit (Cash Flow)

$5,545

Cap Rate

10.7%

Annual Revenue

$32,945

AirDNA projects $164/night at 55% occupancy ($32,945). Airbtics projects $174/night at 60% occupancy ($38,131). Airbtics predicts this property will perform in the 42% revenue percentile

BNB Calc projects a 55.00000000000001% occupancy rate, $164 rate per night.

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

Percentiles25%50%75%90%
Revenue$26,931$40,361$63,513$75,107
Occupancy48%64%80%85%
Nightly Rate$148$165$210$234

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
RockStar Pad W3A BoysTown/Wrigley Field/Parking

No image available

$59,881
$189
83%
121$120βŒβŒβœ…Y / Y⭐️ 5 (73)
Private 1 bedroom apartment

No image available

$25,514
$148
44%
111$65❌❌❌Y / Y⭐️ 5 (58)
Iconic Condo - 10 min walk to Wrigley Field!

No image available

$79,488
$286
73%
111$140βŒβŒβœ…Y / Y⭐️ 5 (49)
Wrigleyville/Boystown/Entire Private Floor!

No image available

$38,687
$148
67%
112$75❌❌❌N / Y⭐️ 4.8 (211)
Chicago Condo Close to Wrigley!

No image available

$53,130
$229
62%
111$140βŒβŒβœ…Y / Y⭐️ 4.9 (28)
Safe place just 13 min walking from Wrigleyville!

No image available

$37,847
$163
62%
112$125βŒβŒβœ…Y / Y⭐️ 4.4 (8)
Wrigleyville- Corporate, Business, Travel Nurse

No image available

$25,514
$82
85%
1290$100βŒβŒβœ…Y / Y⭐️ 5 (5)
lux loft like style w/exposed brick Wrigleyville

No image available

$52,564
$167
86%
111$0❌❌❌Y / Y⭐️ 5 (27)

Return Metrics

15.22% cash on cash return is a great return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$5,544$11,089$16,634$22,179$27,724$55,449$166,348
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$111,920$111,920$111,920$111,920$111,920$111,920$111,920
Down Payment$27,980$27,980$27,980$27,980$27,980$27,980$27,980
Property Appreciation$4,197$8,519$12,972$17,558$22,282$48,113$199,674
Total Return$149,641$159,509$169,507$179,638$189,907$243,463$505,922

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

15.22%

Cap Rate

10.7%

Return on Investment

30.51%

property-location

700 W Bittersweet Pl 405 Chicago, IL, 60613

1 bed β€’ 1 bath β€’ 3 guests

Est. $671/mo

Agent

This property is for sale!

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Chicago

Guide

Zoning

Market

Guide


Laws


Market Data

94

Airbnb Investor Score

$5,544

Annual Profit

10.7%

Cap Rate

15.2%

Cash on Cash

$32,945

Annual Revenue

This property is projected to be in the top 42% revenue percentile compared to similar properties nearby.
Projected nightly rate is $164/night at 55% occupancy.Projected nightly rate is $174/night at 60% occupancy.

Top 61% of comparables

Top 51% of comparables


Seasonality

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10

Airbnb Comparables

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

$39,896

Avg annual revenue

60%

Avg occupancy rate

$174

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$10k

$30k

$55k

$80k

Sign up to see the data on 10 all comparables

$5,545

Profit

Revenue

$32,945

Operating Expenses

$17,963

Operating Income

$14,982

Mortgage & Taxes

$9,437

Profit (Cash Flow)

$5,545

$36,427

Cash Investment

Down Payment

$27,980

Renos & Furnishing

$4,250

Closing Costs

$4,197

Total

$36,427

DSCR Ratio

Strong

1.59

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

15.22%

Cap Rate

10.7%

Profit (Cummulative)

$5,545

$111,920

$4,250

$4,197

$0

Total Gain

$11,116

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

$6,640

Deductible property tax

$1,385

Your total deduction

$8,901

Your adjusted annual income

$150,000 - $8,901 = $141,099


Taxes on $141,099 (30%)

$42,330

Your old tax bill

$45,000

Your new tax bill

$42,330


Estimated tax savings

$2,670

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:

CONDO

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: CONDO
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • 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: -