BNBCalc Short Term Rental Investment Analysis 8204 Halifax Ct N

3 bed • 2 bath • 9 guests • $525,000

BNB

Calc

Report by:

kenzer_02@yahoo.com

Annual Revenue

$42,777

Profit (Cash Flow)

-$11,879

Cap Rate

4.5%

Annual Revenue

$42,777

AirDNA projects $277/night at 61% occupancy ($61,715). Airbtics projects $225/night at 62% occupancy ($50,951). Airbtics predicts this property will perform in the 51% revenue percentile

BNB Calc projects a 61% occupancy rate, $192 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$32,291	$44,452	$68,835	$90,635
Occupancy	55%	61%	69%	79%
Nightly Rate	$157	$194	$266	$305

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
3 BDR House/Full kitchen/Wi-Fi/Smart TVs/Desk	$28,275	$110	65%	3	1	3	$150	❌	❌	❌	N / Y	⭐️ 4.9 (45)
Entire Home, Fully Loaded, Fast Wi-Fi, Accept Pets	$38,438	$159	61%	3	1	1	$105	❌	❌	✅	Y / Y	⭐️ 5 (106)
Cheerful Twin Cities home KING Bed Backyard WIFI	$53,960	$192	75%	3	3	1	$157	❌	❌	❌	Y / Y	⭐️ 4.6 (53)
Same-Day Booking, Arcade, Free Parking & Laundry	$33,243	$118	71%	3	1	1	$60	❌	❌	❌	Y / Y	⭐️ 4.9 (176)
Lake Life In The Heart of the Metro (Dog Friendly)	$40,648	$181	60%	3	1	2	$125	❌	❌	✅	Y / Y	⭐️ 4.7 (32)
Oasis Of Maple Grove	$32,051	$150	56%	3	1	1	$100	❌	❌	❌	Y / N	⭐️ 4.8 (19)
Cozy home in Victory Pkwy!	$25,284	$142	47%	3	1	2	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (22)
One-of-a-Kind Modern Farmhouse on Laddie Lake	$120,538	$499	66%	3	3	4	$275	❌	❌	✅	Y / Y	⭐️ 5 (25)
Northeast Cozy Cottage	$43,535	$196	60%	3	1	3	$68	❌	❌	✅	Y / Y	⭐️ 5 (61)
Three Bedrooms Serenity Home.	$47,952	$183	70%	3	3	2	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (59)
3M Open Hot Tub Oasis	$99,390	$876	31%	3	4	2	$0	❌	✅	❌	Y / Y	⭐️ 0 (0)
* >A Vintage Gem on Washburn Avenue w/Hot Tub*	$41,786	$272	40%	3	2	1	$140	❌	✅	❌	Y / Y	⭐️ 4.9 (188)
Charming & Bright Crystal Home w/ Fire Table!	$106,983	$411	68%	3	2	2	$245	❌	❌	❌	Y / Y	⭐️ 4.8 (14)
In the heart of Maple Grove	$46,752	$169	74%	3	2	2	$75	❌	❌	✅	Y / Y	⭐️ 4.7 (40)
Tranquil Blaine Home in Upscale Neighborhood	$27,108	$76	97%	3	1	5	$95	❌	❌	❌	N / Y	⭐️ 5 (40)
New Spring Lake Cozy 3BR Retreat Fire Pit, Grill	$70,372	$300	62%	3	1	3	$130	❌	❌	✅	Y / Y	⭐️ 4.7 (14)
<A Beautiful Tudor off Vincent Ave w/ hot tub	$33,868	$198	44%	3	2	1	$140	❌	✅	❌	Y / Y	⭐️ 4.9 (49)
>A Rustic Villa on Vincent Avenue w/ hot tub	$27,580	$158	44%	3	2	1	$140	❌	✅	❌	Y / Y	⭐️ 4.9 (79)
Parkview Family Home - Pets Welcome	$29,668	$243	32%	3	1	3	$140	❌	❌	✅	Y / Y	⭐️ 4.8 (21)
On WATER! Lakefront Home in the City!	$32,231	$130	65%	3	2	14	$170	❌	❌	❌	Y / Y	⭐️ 4.8 (33)
Charming 1927 Craftsman Cottage	$46,745	$222	56%	3	2	2	$40	❌	❌	❌	N / Y	⭐️ 4.9 (19)
Bright, Beautiful, Close Access To Everything!	$40,888	$158	65%	3	2	1	$150	❌	❌	❌	Y / N	⭐️ 4.8 (55)
Near DTN Mpls. Vikings, U of M, Nat'l. Sports Ctr	$42,841	$153	76%	3	2	2	$40	❌	❌	❌	Y / Y	⭐️ 5 (232)
Cozy Home w/Private Backyard, Close to Downtown!	$70,295	$190	100%	3	2	2	$125	❌	❌	✅	Y / Y	⭐️ 4.9 (71)
Spacious Minneapolis 3BR, 5 beds - Great Location!	$32,498	$159	53%	3	3	2	$135	❌	❌	❌	Y / Y	⭐️ 5 (69)
Quaint & Cosy	$55,046	$154	95%	3	2	3	$105	❌	❌	✅	Y / Y	⭐️ 5 (63)
Huge 3BR Suite with Fenced Yard	$49,391	$216	60%	3	1	3	$140	❌	❌	✅	Y / Y	⭐️ 4.8 (9)
Mid Century Retro! Come live in 82' yet brand new!	$59,821	$269	58%	3	2	4	$250	❌	❌	✅	Y / Y	⭐️ 4.7 (31)
Wow! The entire home with stylish design!	$40,177	$206	51%	3	2	2	$95	❌	❌	✅	Y / Y	⭐️ 4.8 (11)
Cozy Bungalow close to downtown Minneapolis	$29,962	$130	61%	3	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.7 (14)
Cozy Northeast Home	$38,948	$171	61%	3	1	4	$80	❌	❌	✅	Y / Y	⭐️ 4.9 (37)
Modern Victorian Cable, Central, Fence, Games	$74,106	$294	67%	3	2	4	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (56)
Charming Nordeast Home w/ Movie Theatre + Office!	$45,285	$217	55%	3	2	4	$150	❌	❌	✅	Y / Y	⭐️ 5 (34)
Minneapolis Family Home < 6 Mi to Boom Island Park	$102,873	$289	94%	3	1	2	$207	❌	❌	✅	Y / Y	⭐️ 4 (4)
Renovated! 3BR 1.5BA King Beds! Mid term Rental ok	$60,290	$207	78%	3	2	2	$125	❌	❌	✅	Y / Y	⭐️ 4.7 (8)
Central NE property w/ backyard	$25,692	$130	54%	3	1	30	$85	❌	❌	✅	Y / Y	⭐️ 4.7 (3)
New Hope 3 BR 2 Bath House	$55,249	$266	55%	3	2	2	$250	❌	❌	❌	Y / Y	⭐️ 4.9 (71)
Central Park Private Townhouse	$62,830	$275	60%	3	4	1	$100	❌	❌	✅	Y / Y	⭐️ 5 (2)
You & me tonite	$43,759	$196	61%	3	1	1	$0	❌	❌	✅	Y / Y	⭐️ 4.5 (18)
Parkview Family Home w/ Game Room, Garage, Firepit	$89,904	$356	69%	3	1	4	$0	❌	❌	✅	Y / Y	⭐️ 0 (6)

Return Metrics

-9.19% 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)	-$11,878	-$23,757	-$35,635	-$47,514	-$59,392	-$118,785	-$356,355
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$5,157	$10,633	$16,446	$22,618	$29,171	$68,519	$420,000
Down Payment	$105,000	$105,000	$105,000	$105,000	$105,000	$105,000	$105,000
Property Appreciation	$15,750	$31,972	$48,681	$65,892	$83,618	$180,556	$749,312
Total Return	$114,029	$123,848	$134,492	$145,996	$158,397	$235,290	$917,956

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-9.19%

Cap Rate

4.48%

Return on Investment

6.98%

8204 Halifax Ct N Minneapolis, Minnesota, 55443

3 bed • 2 bath • 9 guests

Purchase Price

Est. $2,518/mo

This property is for sale!

Contact

Minneapolis

Guide

Zoning

Market

Guide

Laws

Market Data

$42,777

Annual Revenue

BNBCalc predicts this property will get $225 per night with 62% occupancy, putting it in the top 51% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 51% of comparables

Seasonality

40 Airbnb Comparables

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

$51,156

Avg annual revenue

62%

Avg occupancy rate

$225

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

$25k

$55k

$85k

$120k

-$11,879

Profit

Revenue

$42,777

Operating Expenses

$19,241

Operating Income

$23,536

Mortgage & Taxes

$35,415

Profit (Cash Flow)

-$11,879

$129,250

Cash Investment

Down Payment

$105,000

Renos & Furnishing

$8,500

Closing Costs

$15,750

Total

$129,250

DSCR Ratio

Weak

0.66

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-9.19%

Cap Rate

4.48%

Return on Investment

6.98%

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

$24,917

Deductible property tax

$5,197

Your total deduction

$57,694

Your adjusted annual income

$150,000 - $57,694 = $92,306

Taxes on $92,306 (30%)

$27,692

Your old tax bill

$45,000

Your new tax bill

$27,692

Estimated tax savings

$17,308

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:

17,424 sqft

Year built:

1977

Size:

Type:

MFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: Duplex (2 Units, Any Combination)

Stories: -

Lot size: 17,424 sqft

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 22-119-21-24-0082

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2024

Assessed Value: $320,700

County Est. Land Value: $123,500

Assessed Land Value: $123,500

County Est. Structure Value: $197,200

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
09/16/11	$0	0%	Rakesh Agarwala, Rakesh Agarwala Revocable Intervivos Tru
12/14/12	$130,000	75%	Martina I Nnadi
10/10/06	$374,000	100%	Cajetan Egbujor
11/18/02	$192,000	100%	Chidi D Egloujor

Ownership

Name: Rakesh Agarwala

Owner Occupied: Yes

Owner Mailing Address: 8204 Halifax Ct N, Brooklyn Park, MN 55443

Years Owned: 102

Home Equity: $470,246

Mortgage Balance Remaining: $97,500

Financed amount: 100%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No