BNBCalc Short Term Rental Investment Analysis 719 West 15th Street, Chicago, IL

2 bed • 4 bath • 6 guests • $575,000

BNB

Calc

Annual Revenue

$58,739

Profit (Cash Flow)

$31,730

Cap Rate

6.5%

Annual Revenue

$58,739

AirDNA projects $262/night at 68% occupancy ($65,071). Airbtics projects $170/night at 69% occupancy ($42,843). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 86% occupancy rate, $187 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$26,013	$39,837	$60,360	$83,213
Occupancy	61%	72%	86%	92%
Nightly Rate	$114	$147	$187	$241

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Trendy Stay Thats Close to Loop, UC & McCormick Pl	$31,323	$107	76%	2	1	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (107)
Elegant Condo Just South of Loop W Easy Parking	$38,535	$126	78%	2	2	2	$135	❌	❌	✅	Y / Y	⭐️ 4.5 (16)
816 PLZN Luxury Apt \| Rooftop \| Garage Parking	$49,556	$174	74%	2	2	2	$90	❌	❌	✅	Y / Y	⭐️ 5 (124)
Get Cozy at a Powder-Blue Residence in the Heart of Pilsen	$42,170	$132	85%	2	1	2	$85	❌	❌	❌	Y / Y	⭐️ 5 (373)
Stylish Apt near downtown. Ideal for Long Stays.	$57,500	$150	99%	2	1	2	$140	❌	❌	❌	Y / Y	⭐️ 5 (96)
2 BRs, Garden Apt near S. Loop; near football sta	$43,298	$169	70%	2	1	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (45)
Cozy Garden Apartment in Heart of Pilsen	$31,759	$114	75%	2	1	2	$85	❌	❌	❌	Y / Y	⭐️ 5 (383)
Spacious unique artist's home in Pilsen	$36,782	$147	67%	2	1	2	$95	❌	❌	✅	Y / Y	⭐️ 4.9 (171)
Eclectic Artist Designed Sanctuary Heart of Pilsen	$35,918	$114	83%	2	1	2	$99	❌	❌	❌	Y / Y	⭐️ 5 (476)
Secluded 2BR APT in Chinatown by McCormick/DWTN	$32,888	$187	47%	2	1	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (180)
1 #11 - 2 Bedroom 1 Bath Condo - McCormick Place	$46,152	$169	74%	2	1	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (157)
23ST - Modern 2BR w Parking - Chinatown, McCormick	$40,906	$230	48%	2	2	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (61)
Unmatched Urban Retreat Close to 18th Strip & Loop	$60,690	$187	86%	2	2	2	$130	❌	❌	✅	Y / Y	⭐️ 5 (99)
Pilsen Modernist, Creative, Lightfilled Loft	$39,451	$113	92%	2	1	2	$99	❌	❌	❌	Y / Y	⭐️ 5 (369)
Cozy & FREE parking 2BR apt in Chicago Chinatown!	$31,781	$148	57%	2	1	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (41)
1 #12 - 2 Bedroom 1 Bath Condo - McCormick Place	$41,620	$167	67%	2	1	2	$95	❌	❌	❌	Y / Y	⭐️ 4.8 (116)
The Metropolitan Escape (2BD / 2 BA)	$76,285	$218	94%	2	2	7	$90	✅	✅	❌	Y / Y	⭐️ 5 (23)
Centrally Located Unit in E Pilsen's Art District	$30,599	$126	65%	2	1	2	$65	❌	❌	❌	Y / Y	⭐️ 5 (68)
Modern Pilsen 2 Bedroom Entire Apartment!	$35,128	$140	65%	2	1	1	$89	❌	❌	❌	Y / Y	⭐️ 4.7 (143)
In artistic Pilsen~Continental Breakfast~Near DWTN	$24,721	$102	63%	2	1	3	$100	❌	❌	❌	N / Y	⭐️ 5 (210)
Modern	$30,449	$95	86%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (287)
Comfy Chinatown Chicago - Central & Close to Train	$31,762	$135	63%	2	1	2	$58	❌	❌	❌	N / Y	⭐️ 5 (71)
The Downtown Oasis (2BD / 2BA)	$80,209	$226	96%	2	2	8	$90	✅	✅	❌	Y / Y	⭐️ 5 (37)
Kasa \| 2BD Near McCormick Place \| South Loop	$67,990	$443	41%	2	2	2	$96	❌	❌	✅	Y / Y	⭐️ 5 (502)
Chi-City Chic Retreat - Sleeps up to 8 people!	$34,214	$164	57%	2	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (20)
Style, comfort, and convenience	$60,950	$183	91%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (28)
Chic, Adorable Little Italy 2BR/2Bath close to UIC	$46,962	$145	86%	2	2	2	$109	❌	❌	❌	Y / Y	⭐️ 4.9 (77)
Remodel & Stylish 2 Bedroom in Exciting Pilsen	$42,504	$147	79%	2	3	2	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
Pilsen 2F In-Unit Laundry 2bed/1bath !Location!	$28,446	$116	67%	2	1	32	$0	❌	❌	✅	Y / Y	⭐️ 5 (7)
Trendy Apt That's Close to Loop, UC & McCormick Pl	$25,387	$82	79%	2	1	2	$130	❌	❌	❌	Y / Y	⭐️ 3 (2)
Little Italy Casa	$36,394	$113	88%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (27)
Pilsen Modern Chic Retreat	$44,065	$140	86%	2	1.5	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (25)
Cozy 2 bed Pilsen condo	$26,766	$103	71%	2	1	32	$250	❌	❌	❌	Y / Y	⭐️ 5 (4)
Urban Oasis in Pilsen South Loop	$12,708	$89	39%	2	1	1	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
The Parkside Panorama	$69,934	$281	68%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (7)
City Skyline Suite	$85,722	$239	98%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (8)
Best Pilsen LocationMonthly StaysLaundry*Stylish	$20,154	$102	54%	2	1	32	$0	❌	❌	❌	Y / Y	⭐️ 5 (3)

Return Metrics

16.12% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$31,730	$63,460	$95,190	$126,920	$158,650	$317,300	$951,900
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$402,499	$402,499	$402,499	$402,499	$402,499	$402,499	$402,499
Down Payment	$172,500	$172,500	$172,500	$172,500	$172,500	$172,500	$172,500
Property Appreciation	$17,250	$35,017	$53,318	$72,167	$91,582	$197,751	$820,675
Total Return	$623,980	$673,477	$723,508	$774,087	$825,232	$1,090,052	$2,347,576

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

16.12%

Cap Rate

6.5%

Return on Investment

34.47%

719 W 15th St Chicago, Illinois, 60607

2 bed • 4 bath • 6 guests

Purchase Price

Est. $2,758/mo

Inquire about this property

Contact Agent

Chicago

Guide

Zoning

Market

Guide

Laws

Market Data

Airbnb Investor Score

-$5,864

Annual Profit

6.5%

Cap Rate

16.1%

Cash on Cash

$58,739

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $262/night at 68% occupancy.Projected nightly rate is $170/night at 69% occupancy.

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.

$41,898

Avg annual revenue

69%

Avg occupancy rate

$170

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

$31,730

Profit

Revenue

$58,739

Operating Expenses

$21,316

Operating Income

$37,423

Mortgage & Taxes

$5,692

Profit (Cash Flow)

$31,730

$179,500

Cash Investment

Down Payment

$172,500

Renos & Furnishing

$7,000

Total

$179,500

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

16.12%

Cap Rate

6.5%

Return on Investment

34.47%

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

$18,338

Deductible property tax

$5,692

Your total deduction

$50,344

Your adjusted annual income

$150,000 - $50,344 = $99,656

Taxes on $99,656 (30%)

$29,897

Your old tax bill

$45,000

Your new tax bill

$29,897

Estimated tax savings

$15,103

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com