BNBCalc Short Term Rental Investment Analysis 8 Grove St 8b, Minneapolis, MN 55401

1 bed • 1 bath • 3 guests • $989,000

BNB

Calc

Annual Revenue

$26,298

Profit (Cash Flow)

-$57,516

Cap Rate

0.9%

Annual Revenue

$26,298

Airbtics projects $96/night at 75% occupancy ($26,297). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 75% occupancy rate, $96 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$19,930	$24,537	$36,377	$39,996
Occupancy	64%	76%	85%	93%
Nightly Rate	$71	$92	$112	$120

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Frontdesk \| Inviting + Bright 1BR Apt	$27,299	$113	62%	1	1	1	$35	❌	❌	❌	Y / Y	⭐️ 4.5 (316)
Frontdesk \| Updated 1BR Apt Near the River	$38,027	$114	85%	1	1	1	$35	❌	❌	❌	Y / Y	⭐️ 4.5 (233)
Frontdesk \| Simple + Open 1BR Apt w/ City Views	$40,914	$109	93%	1	1	1	$35	❌	❌	❌	Y / Y	⭐️ 4.7 (294)
Sonder at Second & Second \| 1BR Apt w/ Balcony	$39,894	$179	55%	1	1	2	$85	❌	❌	❌	Y / Y	⭐️ 4.7 (233)
Frontdesk \| Renovated 1BR near Mississippi River	$31,427	$107	76%	1	1	1	$35	❌	❌	❌	Y / Y	⭐️ 4.5 (191)
Pool+Gym \| 5min DT \| Rooftop \| Tennis Court \| BBQ	$19,498	$68	76%	1	1	30	$125	✅	❌	❌	Y / Y	⭐️ 5 (8)
Condo In Downtown West	$21,775	$70	85%	1	1	30	$0	✅	❌	❌	Y / Y	⭐️ 5 (1)
Downtown Minneapolis Apartment!	$15,500	$77	55%	1	1	30	$0	✅	❌	❌	Y / N	⭐️ 4 (1)
Stylish Private Studio: Nurses/Professionals (916)	$19,230	$74	71%	1	1	30	$0	✅	❌	❌	Y / Y	⭐️ 5 (4)
Freshly updated downtown condo	$21,228	$58	100%	1	1	30	$0	✅	❌	❌	Y / Y	⭐️ 0 (0)

Return Metrics

-24.82% 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)	-$57,515	-$115,031	-$172,547	-$230,063	-$287,579	-$575,159	-$1,725,478
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$791,200	$791,200	$791,200	$791,200	$791,200	$791,200	$791,200
Down Payment	$197,800	$197,800	$197,800	$197,800	$197,800	$197,800	$197,800
Property Appreciation	$29,670	$60,230	$91,707	$124,128	$157,522	$340,133	$1,411,562
Total Return	$961,154	$934,198	$908,159	$883,064	$858,942	$753,973	$675,084

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-24.82%

Cap Rate

0.93%

Return on Investment

-7.82%

8 Grove St 8b Minneapolis, MN, 55401

1 bed • 1 bath • 3 guests

Purchase Price

Est. $4,744/mo

This property is for sale!

Contact Agent

-101

Airbnb Investor Score

-$57,515

Annual Profit

0.9%

Cap Rate

-24.8%

Cash on Cash

$26,298

Annual Revenue

BNBCalc predicts this property will get $96 per night with 75% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

10 Airbnb Comparables

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

$27,479

Avg annual revenue

75%

Avg occupancy rate

$96

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

$25k

$30k

$40k

-$57,516

Profit

Revenue

$26,298

Operating Expenses

$17,099

Operating Income

$9,199

Mortgage & Taxes

$66,715

Profit (Cash Flow)

-$57,516

$231,720

Cash Investment

Down Payment

$197,800

Renos & Furnishing

$4,250

Closing Costs

$29,670

Total

$231,720

DSCR Ratio

Weak

0.14

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-24.82%

Cap Rate

0.93%

Return on Investment

-7.82%

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

$46,939

Deductible property tax

$9,791

Your total deduction

$156,081

Your adjusted annual income

$150,000 - $156,081 = -$6,081

Taxes on -$6,081 (30%)

-$1,824

Your old tax bill

$45,000

Your new tax bill

-$1,824

Estimated tax savings

$46,824

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 0.2

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -