BNBCalc Short Term Rental Investment Analysis 738 Prospect Place, Brooklyn, NY

2 bed • 1 bath • 4 guests • $1,810,000

BNB

Calc

Annual Revenue

$86,694

Profit (Cash Flow)

$43,825

Cap Rate

3.4%

Annual Revenue

$86,694

AirDNA projects $243/night at 72% occupancy ($63,903). Airbtics projects $228/night at 74% occupancy ($61,623). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 86% occupancy rate, $276 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$43,052	$65,047	$88,673	$102,965
Occupancy	63%	80%	86%	92%
Nightly Rate	$182	$217	$276	$300

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Modern Brooklyn Townhouse w/ Patio	$93,575	$292	86%	2	1	2	$190	❌	❌	❌	Y / Y	⭐️ 5 (39)
Brooklyn Retreat Modern & Cozy	$93,402	$304	82%	2	1	1	$180	❌	❌	✅	N / Y	⭐️ 5 (32)
Modern & Cozy Brooklyn Retreat	$91,841	$300	82%	2	1	1	$180	❌	❌	✅	N / Y	⭐️ 5 (43)
Brooklyn Cozy Modern Retreat	$90,958	$282	86%	2	1	1	$180	❌	❌	✅	N / Y	⭐️ 4.5 (36)
Modern Cozy Brooklyn Retreat	$76,068	$275	74%	2	1	1	$150	❌	❌	✅	N / Y	⭐️ 5 (40)
Beautiful, private 2BR guest suite	$54,614	$187	79%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.5 (258)
Brooklyn Modern Cozy Retreat	$94,694	$284	90%	2	1	1	$150	❌	❌	✅	N / Y	⭐️ 5 (51)
Cozy & Modern Brooklyn Retreat	$78,973	$263	80%	2	1	1	$150	❌	❌	✅	N / Y	⭐️ 5 (37)
3 Beds \| Cozy Escape Nearby Subway	$56,722	$194	77%	2	1	3	$169	❌	❌	❌	Y / Y	⭐️ 4.2 (26)
Crown Heights BK Apt 2bdrm 4fl Train	$52,414	$193	72%	2	1	2	$139	❌	❌	✅	Y / Y	⭐️ 5 (45)
Modern Stylish Bklyn 2BR 2BA Apt w/ Roof Access	$92,887	$273	92%	2	2	1	$120	❌	❌	❌	Y / Y	⭐️ 5 (40)
Comfortable Getaway	$143,849	$397	99%	2	2	1	$0	✅	❌	❌	Y / Y	⭐️ 5 (52)
Sun Drenched 2bd Apt near BK Museum, Crown Heights	$23,790	$260	25%	2	1	30	$180	❌	❌	❌	Y / Y	⭐️ 5 (119)
Cozy Modern Brooklyn Retreat	$90,352	$297	81%	2	1	1	$150	❌	❌	✅	N / Y	⭐️ 5 (28)
Historic 2 Bedroom Crown Heights Townhouse	$86,726	$255	92%	2	1	1	$25	❌	❌	✅	N / Y	⭐️ 5 (52)
Historic 2 Bedroom in Crown Heights -Short Term	$92,541	$288	86%	2	1	3	$90	❌	❌	❌	Y / Y	⭐️ 5 (32)
Gorgeous 2BD brownstone apartment, steps to train!	$135,983	$390	94%	2	1	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (37)
Sunny! 2br Steps to train/restaurants - 15 to NYC	$39,615	$164	66%	2	1	30	$200	❌	❌	❌	N / Y	⭐️ 5 (41)
Brownstone Garden in Crown Heights, 1/1 w/alcove	$50,946	$174	80%	2	1	30	$225	❌	❌	❌	Y / Y	⭐️ 4.5 (17)
Two bedroom flat in historic brownstone	$69,907	$189	100%	2	1	5	$175	❌	❌	❌	N / Y	⭐️ 4.5 (23)
Artsy 2 BR in Brownstone. w large yard w/fire pit	$49,136	$179	75%	2	1	30	$100	❌	❌	✅	Y / Y	⭐️ 5 (129)
Warm renovated 2 BR in Bed Stuy. DW & W/D.	$28,284	$184	42%	2	1	30	$200	❌	❌	❌	Y / Y	⭐️ 5 (110)
2BR garden apt Brooklyn brownstone 20mn Manhattan	$36,399	$195	51%	2	1	30	$140	❌	❌	❌	N / Y	⭐️ 5 (78)
Beautiful 2 Bdr in Historic Bed Stuy Brownstone	$60,916	$228	73%	2	1	30	$100	❌	❌	✅	Y / Y	⭐️ 5 (15)
Welcome Home! Quiet, Sun Soaked Dream Near All	$42,164	$128	90%	2	1	30	$220	❌	❌	❌	Y / Y	⭐️ 5 (6)
Pinterest Escape	$44,470	$150	81%	2	1	30	$100	❌	❌	❌	Y / Y	⭐️ 4.7 (58)
Modern Space in Brooklyn (Steps to Prospect Park)	$80,771	$264	81%	2	1	3	$225	❌	❌	❌	Y / Y	⭐️ 5 (109)
2 bedroom Luxury BK Brownstone w/ Bar & Balcony!	$101,455	$308	90%	2	1	1	$0	❌	❌	✅	N / Y	⭐️ 4.5 (28)
Top floor at the Castle	$38,884	$128	83%	2	1	30	$150	❌	❌	❌	N / Y	⭐️ 4.5 (12)
Brooklyn at its best	$74,425	$225	87%	2	1	1	$125	❌	❌	✅	N / Y	⭐️ 5 (25)
Fabulous Garden Apt- Brownstone BK	$36,228	$202	49%	2	1	30	$150	❌	❌	❌	Y / Y	⭐️ 5 (40)
Cozy Crown Heights Retreat	$39,013	$187	57%	2	1	30	$0	❌	❌	❌	Y / Y	⭐️ 5 (7)
Bed-Stuy 2 Bed/2 Bath - Renovated	$61,960	$209	81%	2	2	30	$110	❌	❌	❌	Y / Y	⭐️ 5 (36)
Beautiful 2bd Apt near BK Museum, Crown Heights	$25,982	$229	31%	2	1	30	$180	❌	❌	❌	Y / Y	⭐️ 5 (144)
Brooklyn's top	$32,337	$155	57%	2	1	30	$100	❌	❌	❌	N / Y	⭐️ 5 (87)
Spacious 3 Bedroom Prospect Brooklyn near subway	$35,693	$184	53%	2	1	30	$95	❌	❌	✅	N / Y	⭐️ 4.5 (91)
Modern Lovely 2 bedroom 10 min away from Park	$29,292	$151	53%	2	1	30	$100	❌	❌	❌	N / Y	⭐️ 4.5 (7)
Brooklyn Jewel	$98,557	$272	99%	2	1	1	$0	❌	❌	✅	N / Y	⭐️ 4.5 (22)
Maurice’s Penthouse	$47,669	$176	74%	2	1	30	$100	❌	❌	❌	N / Y	⭐️ 5 (58)
Two Bed/2 Bath Eclectic Home in 1940s Era BK apt.	$17,172	$138	34%	2	2	30	$50	❌	❌	✅	N / Y	⭐️ 4.9 (10)

Return Metrics

10.37% 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)	$43,825	$87,650	$131,475	$175,300	$219,125	$438,250	$1,314,751
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,448,000	$1,448,000	$1,448,000	$1,448,000	$1,448,000	$1,448,000	$1,448,000
Down Payment	$362,000	$362,000	$362,000	$362,000	$362,000	$362,000	$362,000
Property Appreciation	$54,300	$110,229	$167,835	$227,170	$288,286	$622,488	$2,583,345
Total Return	$1,908,125	$2,007,879	$2,109,311	$2,212,471	$2,317,411	$2,870,739	$5,708,096

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

10.37%

Cap Rate

3.41%

Return on Investment

27.05%

738 Prospect Pl 1 Brooklyn, New York, 11216

2 bed • 1 bath • 4 guests

Purchase Price

Est. $8,681/mo

Inquire about this property

Contact Agent

$1,814,200

Zestimate

Airbnb Investor Score

-$66,003

Annual Profit

3.4%

Cap Rate

10.4%

Cash on Cash

$86,694

Annual Revenue

BNBCalc predicts this property will get $228 per night with 74% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 31% 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.

$64,766

Avg annual revenue

74%

Avg occupancy rate

$228

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

$15k

$60k

$100k

$145k

$43,825

Profit

Revenue

$86,694

Operating Expenses

$24,950

Operating Income

$61,744

Mortgage & Taxes

$17,919

Profit (Cash Flow)

$43,825

$368,250

Cash Investment

Down Payment

$362,000

Renos & Furnishing

$6,250

Total

$368,250

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

10.37%

Cap Rate

3.41%

Return on Investment

27.05%

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

$93,158

Deductible property tax

$17,919

Your total deduction

$247,783

Your adjusted annual income

$150,000 - $247,783 = -$97,783

Taxes on -$97,783 (30%)

-$29,335

Your old tax bill

$45,000

Your new tax bill

-$29,335

Estimated tax savings

$74,335

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:

1935

Size:

1,954 sqft

Type:

MULTI_FAMILY

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: MULTI_FAMILY

Stories: -

Lot size: -

Building area: 1,954 sqft

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: City, Garden, Skyline

Parking: -

Amenities: Dishwasher, Washer/Dryer

Price per square foot: $928

Lot Info

Zoning: -

Land Use: -

Parcel Number: 012330020

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $2,088,000

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $1,814,200

Schools

Middle School: The School Of Integrated Learning with 7/10 star rating
High School: W E B Dubois Academic High School