BNBCalc Short Term Rental Investment Analysis 72 Summer Ave, Newark, NJ, 07104

2 bed • 1 bath • 6 guests • $446,400

BNB

Calc

Annual Revenue

$36,882

Profit (Cash Flow)

$13,988

Cap Rate

4.1%

Annual Revenue

$36,882

AirDNA projects $157/night at 67% occupancy ($38,420). Airbtics projects $153/night at 66% occupancy ($36,882). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 66% occupancy rate, $153 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$24,594	$39,404	$54,637	$62,787
Occupancy	56%	71%	78%	82%
Nightly Rate	$116	$147	$186	$203

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Modern1 Getaway 2BR/1BTH close to NYC	$40,285	$131	80%	2	1	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (50)
2 BR Apt, NYC Minutes Away, Convenient & Stylish!	$28,071	$96	73%	2	1	1	$105	❌	❌	❌	Y / Y	⭐️ 4.5 (37)
💯Best Vacay☀Min2NYC🗽/🇺🇸 Dream Mall/✈️EWR/⚡Fast WI-FI	$38,522	$110	91%	2	1	1	$125	❌	❌	❌	Y / Y	⭐️ 5 (219)
Gateway NYC \| Lux Apt \| Gym \| 30+ Day Stays \| Pets	$41,009	$138	78%	2	1	2	$145	❌	❌	✅	Y / Y	⭐️ 4.5 (37)
The Traveler's Paradise 25 Mins to NYC	$35,231	$133	70%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (106)
Newark Gem2 2BR/1BA easy NYC access	$63,410	$187	91%	2	1	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (50)
Beautiful 2BR Apt/EWR Airport/King /Free Parking	$62,055	$230	71%	2	1	2	$150	❌	❌	❌	N / Y	⭐️ 5 (69)
Urban Getaway Minutes to NYC	$32,776	$104	82%	2	1	1	$80	❌	❌	❌	N / Y	⭐️ 4.5 (43)
Cozy Fireplace Apartment	$36,377	$120	81%	2	1	2	$55	❌	❌	❌	Y / Y	⭐️ 5 (60)
Luxurious 2BR King Suite* DWTNFree PkgMins 2 NYC	$58,071	$194	80%	2	1	2	$115	❌	❌	❌	Y / Y	⭐️ 5 (180)
Chic 2BR Apt + Parking! Near NYC Attractions!	$31,497	$105	76%	2	1	1	$95	❌	❌	❌	Y / Y	⭐️ 4.5 (32)
Lovely 2 bedroom Studio With free parking	$30,955	$98	81%	2	1	2	$75	❌	❌	❌	N / N	⭐️ 5 (155)
⭐️Luxury 2 BR NEAR 🗽NYC w/ 🤩 ROOFTOP LOUNGE	$44,068	$199	58%	2	1	2	$150	❌	❌	✅	Y / Y	⭐️ 4.4 (46)
Collective3 2BR/1BA close to NYC	$56,939	$189	80%	2	1	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (44)
Amazing 2 bedroom	$29,191	$171	44%	2	1	3	$115	❌	❌	❌	Y / Y	⭐️ 4.6 (12)
Newark NJ- Wall-Art	$28,549	$186	39%	2	1	1	$105	❌	❌	❌	Y / Y	⭐️ 4.9 (32)
Art of Newark \| Parking \| Airport \| Train to NYC	$42,213	$179	62%	2	1	2	$165	❌	❌	❌	Y / Y	⭐️ 5 (48)
Beautiful and modern 2BR-315	$29,694	$148	52%	2	1	3	$180	❌	❌	❌	Y / Y	⭐️ 4.1 (14)
Beautiful Brownstone for Luxurious Stay	$47,187	$169	73%	2	1	1	$150	❌	❌	❌	Y / Y	⭐️ 4.7 (8)
Stunning 2BR/1BA Apt Near NYC	$56,389	$217	71%	2	1	3	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
Beautiful 2BR apart near NYC - In Newark downtown	$24,467	$132	50%	2	1	3	$30	❌	❌	✅	N / Y	⭐️ 4.8 (23)
PRIME LOCATION East Coast Oasis! 30 Min From NYC	$29,615	$159	46%	2	2	3	$170	❌	❌	❌	Y / Y	⭐️ 4.6 (52)
Dual 1-Bed Duplex Gems\|Near NYC & EWR	$73,698	$292	67%	2	2	1	$175	❌	❌	✅	Y / Y	⭐️ 0 (0)
The KearNY	$41,929	$146	76%	2	1	3	$69	❌	❌	❌	Y / Y	⭐️ 5 (37)
Retreat, Heart of Newark Close to NYC!	$27,856	$99	71%	2	1	1	$80	❌	❌	❌	N / Y	⭐️ 4.4 (8)
Gorgeous and modern 2BR close to all	$33,340	$129	68%	2	1	7	$180	❌	❌	❌	Y / Y	⭐️ 4.3 (29)
Chic 2BR Apt + Parking! Near NYC Attractions!	$15,712	$85	44%	2	1	1	$105	❌	❌	❌	Y / Y	⭐️ 4.3 (35)
Gateway to NYC \| Parking \| Close to Trains/Airport	$49,732	$202	64%	2	1	2	$165	❌	❌	✅	Y / Y	⭐️ 5 (33)
Family Friendly Modern2Bedroom/Bath By Airport/NYC	$35,708	$135	71%	2	2	2	$125	❌	❌	✅	Y / Y	⭐️ 4.6 (22)
Newark NJ Apt. approx 35 min away from NYC	$33,479	$118	76%	2	1	5	$95	❌	❌	❌	N / Y	⭐️ 4.7 (19)
Prime location 30 min from nyc!	$41,993	$144	73%	2	2	1	$125	❌	❌	✅	Y / Y	⭐️ 0 (0)
Holiday	$12,517	$95	36%	2	1	2	$0	❌	❌	❌	N / N	⭐️ 0 (0)
Distinctive Stay in City Comfort Private Stay	$28,373	$102	76%	2	1	2	$0	❌	❌	❌	N / N	⭐️ 0 (0)
Distinctive Stay in City Comfort Private Stay	$25,389	$102	68%	2	1	2	$0	❌	❌	❌	N / N	⭐️ 0 (0)
Amazing and large 2BR apartment close to all	$52,710	$157	86%	2	1	4	$180	❌	❌	❌	Y / Y	⭐️ 4.5 (12)
2BR / 2Bath, 20 min to NYC, by Airport/University	$61,268	$186	90%	2	1	4	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (7)
The Heart of The heights	$32,940	$180	50%	2	2	1	$0	❌	❌	✅	N / Y	⭐️ 0 (0)
2BR near NYC! Newark Univ. Hts	$37,771	$172	60%	2	1	28	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)

Return Metrics

12.84% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$13,988	$27,976	$41,964	$55,953	$69,941	$139,882	$419,648
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$357,120	$357,120	$357,120	$357,120	$357,120	$357,120	$357,120
Down Payment	$89,280	$89,280	$89,280	$89,280	$89,280	$89,280	$89,280
Property Appreciation	$13,392	$27,185	$41,393	$56,027	$71,099	$153,524	$637,129
Total Return	$473,780	$501,562	$529,758	$558,380	$587,441	$739,807	$1,503,178

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

12.84%

Cap Rate

4.12%

Return on Investment

29.16%

72 Summer Ave 1 Newark, New Jersey, 07104

2 bed • 1 bath • 6 guests

Purchase Price

Est. $2,141/mo

Inquire about this property

Contact Agent

$446,400

Zestimate

Newark

Guide

Zoning

Market

Guide

Laws

Market Data

Airbnb Investor Score

-$11,705

Annual Profit

4.1%

Cap Rate

12.8%

Cash on Cash

$36,882

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $157/night at 67% occupancy.Projected nightly rate is $153/night at 66% occupancy.

Occupancy Rate

Top 63% of comparables

Avg Daily Rate

Top 46% of comparables

Seasonality

40 Airbnb Comparables

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

$38,364

Avg annual revenue

66%

Avg occupancy rate

$153

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

$30k

$55k

$75k

$13,988

Profit

Revenue

$36,882

Operating Expenses

$18,475

Operating Income

$18,408

Mortgage & Taxes

$4,419

Profit (Cash Flow)

$13,988

$95,530

Cash Investment

Down Payment

$89,280

Renos & Furnishing

$6,250

Total

$95,530

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

12.84%

Cap Rate

4.12%

Return on Investment

29.16%

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

$21,187

Deductible property tax

$4,419

Your total deduction

$56,792

Your adjusted annual income

$150,000 - $56,792 = $93,208

Taxes on $93,208 (30%)

$27,962

Your old tax bill

$45,000

Your new tax bill

$27,962

Estimated tax savings

$17,038

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:

1,306 sqft

Year built:

1950

Size:

1,047 sqft

Type:

APARTMENT

Parking:

Heating:

Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: APARTMENT

Stories: -

Lot size: 1,306 sqft

Building area: 1,047 sqft

Garage: No

Heating: Gas

Pool: No

Fireplaces: -

Basement: No

Cooling: None

View: -

Parking: None

Amenities: -

Price per square foot: $426

Lot Info

Zoning: -

Land Use: -

Parcel Number: 1400485000000042

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $243,100

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $446,400

Schools

High School: Barringer High School with 1/10 star rating