BNBCalc Short Term Rental Investment Analysis 700 Washington Ave N 203, Minneapolis, MN 55401

1 bed • 1 bath • 3 guests • $399,900

BNB

Calc

Annual Revenue

$32,492

Profit (Cash Flow)

-$12,388

Cap Rate

3.6%

Annual Revenue

$32,492

AirDNA projects $170/night at 54% occupancy ($33,529). Airbtics projects $139/night at 64% occupancy ($32,492). Airbtics predicts this property will perform in the 42% revenue percentile

BNB Calc projects a 64% occupancy rate, $139 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$26,031	$33,948	$47,423	$62,276
Occupancy	59%	67%	77%	83%
Nightly Rate	$114	$130	$159	$196

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
MINNeSTAY* Sable 703 \| North Loop \| Target Field	$30,650	$116	66%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.7 (46)
MINNeSTAY* Sable 82 Alcove \| Northloop	$35,036	$133	67%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.8 (23)
MINNeSTAY* Sable 704 - One Bedroom \| North Loop	$36,403	$130	71%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 5 (50)
MINNeSTAY* Sable 603 \| Stylish Condo \| Weekend Fun	$27,539	$114	61%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 5 (48)
MINNeSTAY* Sable 602 North Loop \| Target Field	$32,122	$114	71%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.7 (64)
MINNeSTAY* Sable 206 - Alcove \| North Loop	$34,074	$116	75%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.7 (35)
MINNeSTAY* Sable 308 North Loop \| Weekend Escape	$32,692	$114	72%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.8 (63)
MINNeSTAY* Sable 408 Shop-Drink-Dine \| North Loop	$38,855	$121	81%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.8 (130)
MINNeSTAY* Sable 604 One Bedroom \| Cozy \| Fun	$38,101	$130	74%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 4.7 (13)
MINNeSTAY* Sable 807 - One Bedroom \| Skyline Views	$46,624	$130	94%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 4.8 (66)
MINNeSTAY* Sable 404 \| North Loop \| Target Field	$32,748	$120	68%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.8 (38)
MINNeSTAY* Sable 305 North Loop \| Modern \| Fun	$31,120	$130	59%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 4.5 (11)
MINNeSTAY* Sable 409 - One Bedroom \| North Loop	$56,543	$168	89%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 4.8 (81)
MINNeSTAY* Sable 806 \| Biz Travel \| Light Rail	$27,697	$114	60%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.6 (32)
MINNeSTAY* Sable 302 \| North Loop \| Weekend Escape	$33,753	$113	77%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.8 (53)
Cathedral loft "Affordable Luxury"	$23,198	$93	67%	1	2	2	$98	❌	❌	❌	Y / Y	⭐️ 4.8 (28)
Ideal Mix of Comfort and Value! Pet-friendly	$40,524	$173	64%	1	1	1	$0	❌	❌	✅	N / Y	⭐️ 5 (1)
Sonder at Second & Second \| One-Bedroom w/ Balcony	$38,174	$149	70%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (288)
MINNeSTAY* Sable 307 \| North Loop \| Classy	$35,258	$130	69%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 5 (2)
MINNeSTAY* Sable 304 \| North Loop \| Target Field	$31,965	$115	71%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.8 (73)
MINNeSTAY* Sable 803 \| North Loop \| Target Field	$37,884	$116	85%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 4.8 (59)
Sonder at SECOND & SECOND \| One-Bedroom Apartment	$83,129	$339	67%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (191)
The Studio "Where Affordable Luxury meets Privacy"	$23,359	$80	79%	1	1	2	$85	❌	❌	❌	Y / Y	⭐️ 5 (15)
You Found it! Steps to the Mill City Museum!	$23,486	$207	31%	1	1	1	$0	❌	❌	✅	N / Y	⭐️ 0 (0)
Sonder at The Palmer \| One-Bedroom Apartment	$14,559	$102	39%	1	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (173)
MINNeSTAY* Sable 207 - One Bedroom \| North Loop	$41,473	$138	78%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 4.7 (8)
Sonder at North Loop Green \| Spacious One-Bedroom	$30,470	$185	45%	1	1	1	$0	✅	❌	❌	Y / Y	⭐️ 0 (7)
Corporate Efficiency Condo - Bright & Quiet (1208)	$21,082	$72	80%	1	1	30	$125	✅	❌	❌	Y / Y	⭐️ 5 (13)
Sonder at North Loop Green \| Superior One-Bedroom	$36,586	$196	51%	1	1	1	$0	✅	❌	❌	Y / Y	⭐️ 5 (16)
Sonder at North Loop Green \| Accessible 1BR	$61,972	$204	83%	1	1	1	$0	✅	❌	❌	Y / Y	⭐️ 5 (12)
Sonder at Second & Second \| Extended Stay 1BR	$9,479	$74	35%	1	1	30	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (6)
MINNeSTAY* Sable 21 - One Bedroom \| North Loop \|	$33,953	$139	62%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 4.7 (8)
MINNeSTAY* Sable 203 \| Target Field \| North Loop	$39,134	$132	81%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (4)
Corporate Comfort Residence - modern, secure (916)	$11,375	$74	42%	1	1	30	$125	✅	❌	❌	Y / Y	⭐️ 5 (6)
Sonder at The Palmer \| Extended Stay 1BR Apt	$14,470	$59	67%	1	1	30	$0	❌	❌	❌	Y / Y	⭐️ 5 (1)
MINNeSTAY* Sable 804 - One Bedroom \| Luxury Condo	$53,440	$157	93%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (5)
MINNeSTAY* Sable 306 \| North Loop \| Downtown	$33,044	$137	60%	1	1	1	$79	❌	❌	❌	Y / Y	⭐️ 5 (2)

Return Metrics

-12.87% 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)	-$12,387	-$24,775	-$37,163	-$49,551	-$61,939	-$123,878	-$371,635
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$319,920	$319,920	$319,920	$319,920	$319,920	$319,920	$319,920
Down Payment	$79,980	$79,980	$79,980	$79,980	$79,980	$79,980	$79,980
Property Appreciation	$11,997	$24,353	$37,081	$50,190	$63,693	$137,532	$570,762
Total Return	$399,509	$399,478	$399,817	$400,539	$401,654	$413,553	$599,026

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-12.87%

Cap Rate

3.64%

Return on Investment

3.67%

700 Washington Ave N 203 Minneapolis, MN, 55401

1 bed • 1 bath • 3 guests

Purchase Price

Est. $1,918/mo

This property is for sale!

Contact Agent

-45

Airbnb Investor Score

-$12,387

Annual Profit

3.6%

Cap Rate

-12.9%

Cash on Cash

$32,492

Annual Revenue

This property is projected to be in the top 42% revenue percentile compared to similar properties nearby.
Projected nightly rate is $170/night at 54% occupancy.Projected nightly rate is $139/night at 64% occupancy.

Occupancy Rate

Top 63% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

40 Airbnb Comparables

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

$33,258

Avg annual revenue

64%

Avg occupancy rate

$139

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

$35k

$60k

$85k

-$12,388

Profit

Revenue

$32,492

Operating Expenses

$17,904

Operating Income

$14,588

Mortgage & Taxes

$26,976

Profit (Cash Flow)

-$12,388

$96,227

Cash Investment

Down Payment

$79,980

Renos & Furnishing

$4,250

Closing Costs

$11,997

Total

$96,227

DSCR Ratio

Weak

0.54

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-12.87%

Cap Rate

3.64%

Return on Investment

3.67%

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

$18,980

Deductible property tax

$3,959

Your total deduction

$52,592

Your adjusted annual income

$150,000 - $52,592 = $97,408

Taxes on $97,408 (30%)

$29,222

Your old tax bill

$45,000

Your new tax bill

$29,222

Estimated tax savings

$15,778

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: -