BNBCalc Short Term Rental Investment Analysis 704 Devonshire Dr

2 bed • 2 bath • 7 guests • $265,000

BNB

Calc

Annual Revenue

$36,751

Profit (Cash Flow)

$417

Cap Rate

6.9%

Annual Revenue

$36,751

AirDNA projects $161/night at 64% occupancy ($37,634). Airbtics projects $145/night at 55% occupancy ($29,128). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 55% occupancy rate, $183 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$23,226	$28,648	$38,490	$44,107
Occupancy	43%	59%	61%	78%
Nightly Rate	$110	$129	$141	$168

Seasonality (Profit by Month)

Return Metrics

1.16% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$417	$834	$1,251	$1,669	$2,086	$4,173	$12,519
Revenue Appreciation	$365	$730	$1,095	$1,460	$1,826	$3,652	$10,957
Home Equity	$2,603	$5,367	$8,301	$11,417	$14,724	$34,586	$212,000
Down Payment	$53,000	$53,000	$53,000	$53,000	$53,000	$53,000	$53,000
Property Appreciation	$7,950	$16,138	$24,572	$33,259	$42,207	$91,137	$378,224
Total Return	$64,335	$76,070	$88,222	$100,807	$113,845	$186,549	$666,701

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

1.16%

Cap Rate

6.9%

Return on Investment

16.8%

704 Devonshire Dr Champaign, Illinois, 61820-7311

2 bed • 2 bath • 7 guests

Purchase Price

Est. $1,271/mo

Inquire about this property

Contact Agent

$271,500

Zestimate

Champaign

Zoning

Laws

$36,751

Annual Revenue

BNBCalc predicts this property will get $145 per night with 55% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 11% of comparables

Seasonality

$417

Profit

Revenue

$36,751

Operating Expenses

$18,458

Operating Income

$18,293

Mortgage & Taxes

$17,876

Profit (Cash Flow)

$417

$59,500

Cash Investment

Down Payment

$53,000

Renos & Furnishing

$6,500

Total

$59,500

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

1.16%

Cap Rate

6.9%

Return on Investment

16.8%

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

$12,577

Deductible property tax

$2,623

Your total deduction

$30,452

Your adjusted annual income

$150,000 - $30,452 = $119,548

Taxes on $119,548 (30%)

$35,864

Your old tax bill

$45,000

Your new tax bill

$35,864

Estimated tax savings

$9,136

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Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

Year built:

1978

Size:

1,370 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Year Built	Last Sale	Days on Market
905 Broadmoor Dr	3	1	1,373	-	1960	$207,000	31
2121 Seaton Ct	4	3	2,892	-	1969	$400,000	89
2206 Seaton Ct	4	3	1,204	-	1972	$422,000	85
1107 Foothill Dr	3	2	1,860	-	1960	$304,000	52
2307 Noel Dr	3	3	2,170	-	1973	$343,500	38
916 Lincolnshire Dr	-	2	1,520	-	1959	$0	-
1710 Park Haven Dr	3	1	1,443	-	1954	$0	-
1810 Mcdonald Dr	3	1	1,161	-	1957	$232,000	94
1507 Harrington Dr	3	2	0	-	-	$253,000	-
1717 Mayfair Rd	-	4	1,807	-	1987	$0	-

Property Details

MLS Status: property-details-mls-status-sold

Property Use: Single Family Residence

Stories: 2

Lot size: -

Building area: 1,370 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 452024301025

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $71,960

County Est. Land Value: $45,660

Assessed Land Value: $15,220

County Est. Structure Value: $170,220

Market Estimate: $318,611

Sale history

Date	Sale Price	% Financed	Buyer
10/27/23	$265,000	95%	Sara Hug
06/11/19	$179,500	99%	Chad R Seeber
05/03/19	$0	0%	Amy R Pico
12/23/16	$0	0%	Chad R Seeber, Amy R Pico
07/26/12	$175,500	98%	Amy R Pico
04/30/07	$175,500	98%	Kristen A Duffy
Invalid Date	$123,000	100%	Robert L Johnson, Kelly L Johnson
Invalid Date	$119,000	98%	Pamela A Fainot
Invalid Date	$106,500	62%	C Van Bao

Ownership

Name: Sara Hug

Owner Occupied: Yes

Owner Mailing Address: 704 Devonshire Dr, Champaign, Il 61820

Years Owned: 8

Home Equity: -

Mortgage Balance Remaining: $236,000

Financed amount: 62%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No