BNBCalc Short Term Rental Investment Analysis 8509 S Muskegon Ave, Chicago, IL 60617

3 bed • 1 bath • 9 guests • $99,900

BNB

Calc

Annual Revenue

$32,715

Profit (Cash Flow)

$8,043

Cap Rate

14.8%

Annual Revenue

$32,715

AirDNA projects $235/night at 47% occupancy ($40,341). Airbtics projects $169/night at 53% occupancy ($32,714). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 53% occupancy rate, $169 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$19,015	$32,500	$46,445	$71,251
Occupancy	38%	55%	66%	72%
Nightly Rate	$130	$154	$183	$259

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Stylish Space 3BR Apt\|15 mins DT\|Near Expwy	$19,465	$131	36%	3	1	1	$100	❌	❌	❌	N / N	⭐️ 4.4 (29)
Cozy Haven	$25,429	$132	50%	3	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.9 (24)
Rooftop \| Villa \| Parking	$72,574	$318	57%	3	3	2	$399	❌	❌	❌	Y / Y	⭐️ 4.5 (44)
The Cornell \| South Shore 3BR Condo \| Sleeps 8	$92,840	$265	93%	3	1	2	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (45)
Luxurious 3 Bedroom Getaway	$24,883	$108	61%	3	1	1	$30	❌	❌	❌	Y / Y	⭐️ 4.8 (74)
3 BR w Private Parking Minutes from I-90	$31,296	$129	66%	3	1	2	$10	❌	❌	❌	Y / Y	⭐️ 4.8 (47)
Woodlawn Oasis	$36,648	$152	63%	3	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (46)
Family Comfort NaturalLite 3BD 2nd FL Haven	$19,368	$115	42%	3	1	3	$150	❌	❌	❌	Y / Y	⭐️ 4.7 (105)
Woodlawn Oasis: 5-15 Mins from Food, Fun, Dining	$40,375	$170	60%	3	3	2	$215	✅	❌	❌	Y / Y	⭐️ 4.8 (103)
University Retreat	$27,602	$91	78%	3	1	1	$115	❌	❌	❌	N / Y	⭐️ 4.8 (161)
Chateau de Woodlawn Peaceful 3 bedroom apartment.	$33,367	$118	72%	3	1	2	$80	❌	❌	❌	N / Y	⭐️ 4.8 (51)
Modern 3BR Gem\|Free Parking\|Sleep 7\|Laundry	$38,908	$149	66%	3	1	2	$130	❌	❌	✅	Y / Y	⭐️ 4.8 (55)
The Woodlawn Grey - Large 3bd/3ba Apt by UChicago	$43,208	$159	72%	3	3	2	$80	❌	❌	❌	Y / Y	⭐️ 4.8 (99)
Beautiful European Apartment	$40,327	$140	77%	3	1	3	$85	❌	❌	❌	Y / Y	⭐️ 5 (102)
Boss Barbie’s Dreamhouse	$37,005	$143	66%	3	1	2	$135	❌	❌	❌	Y / Y	⭐️ 4.8 (39)
Comfy 3 bedroom apartment 15 mins from Downtown!	$22,408	$86	66%	3	1	2	$150	❌	❌	✅	Y / Y	⭐️ 4.5 (30)
Woodlawn~ Entire Luxury Apt	$31,579	$149	56%	3	1	2	$85	❌	❌	❌	N / N	⭐️ 4.5 (15)
Entire spacious 3 bedroom rental unit with garage!	$29,293	$202	39%	3	1	1	$50	❌	❌	❌	Y / Y	⭐️ 4.9 (18)
Ely's Landing~Condo Near 71st Beach,Golf & Museums	$26,467	$169	41%	3	1	2	$99	❌	❌	❌	Y / Y	⭐️ 4.5 (14)
Cozy 3 Bedroom Condo near University of Chicago	$29,973	$172	45%	3	1	2	$125	❌	❌	❌	N / Y	⭐️ 4.9 (43)
Comfy 3 bd room, 20 mins downtown free park/backyd	$42,893	$199	55%	3	1	2	$125	❌	❌	❌	N / Y	⭐️ 4.8 (21)
Lovely 3 bedroom rental unit with patio	$19,546	$156	33%	3	1	1	$65	❌	❌	✅	N / N	⭐️ 4.9 (42)
Bright Vintage University Center Condo	$33,970	$183	50%	3	3	3	$100	❌	❌	❌	Y / Y	⭐️ 4.7 (43)
The Chic Urban Retreat Near the Lake!	$28,972	$124	60%	3	1	2	$198	❌	❌	❌	Y / Y	⭐️ 4.5 (11)
Quite Home w/Arcade, Movie Room & Private Backyard	$18,098	$133	31%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.7 (116)
15 Minutes to Downtown Chicago & White Sox Stadium	$21,830	$186	30%	3	2	2	$175	❌	❌	❌	N / Y	⭐️ 4.7 (34)
Luxury 3 bedroom unit in Historical Neighborhood.	$24,156	$120	55%	3	1	3	$0	❌	❌	✅	N / Y	⭐️ 4.7 (53)
Luxury 3,000 SQFTHouse by Lake8p	$24,350	$175	34%	3	3	1	$150	❌	❌	❌	N / Y	⭐️ 1 (1)
Large ultra modern 3BR/1 BA near Univ of Chicago	$39,971	$163	67%	3	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (17)
Cheerful 3 Bedroom, City Oasis	$52,233	$241	57%	3	2	1	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (39)
Bright 1500 Sqft 3BR/2BA Apt In South Shore	$29,874	$132	54%	3	2	3	$250	❌	❌	❌	Y / Y	⭐️ 4.4 (24)
Cozy Apt~Location near UChicago & Lake Shore Drive	$31,173	$113	68%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (80)
Ritzy Suites:15 Min from Downtown	$33,170	$159	53%	3	1	1	$150	❌	❌	❌	N / Y	⭐️ 5 (22)
Modern & Chic \| Windy City Retreat \| 15 Min To DT	$28,131	$126	61%	3	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (47)
3bed/1bath AC/Wi-Fi (2ndflr)	$19,648	$134	37%	3	1	1	$145	❌	❌	✅	Y / Y	⭐️ 5 (22)
Modern and artistic retreat central to Chicago.	$66,208	$218	78%	3	3	2	$190	❌	❌	❌	Y / Y	⭐️ 4.9 (38)

Return Metrics

25.75% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$8,043	$16,086	$24,129	$32,172	$40,215	$80,430	$241,290
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$79,920	$79,920	$79,920	$79,920	$79,920	$79,920	$79,920
Down Payment	$19,980	$19,980	$19,980	$19,980	$19,980	$19,980	$19,980
Property Appreciation	$2,997	$6,083	$9,263	$12,538	$15,911	$34,357	$142,583
Total Return	$110,940	$122,069	$133,292	$144,610	$156,026	$214,687	$483,774

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

25.75%

Cap Rate

14.79%

Return on Investment

38.49%

8509 S Muskegon Ave Chicago, IL, 60617

3 bed • 1 bath • 9 guests

Purchase Price

Est. $479/mo

This property is for sale!

Contact Agent

Chicago

Guide

Zoning

Market

Guide

Laws

Market Data

159

Airbnb Investor Score

$8,043

Annual Profit

14.8%

Cap Rate

25.8%

Cash on Cash

$32,715

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $235/night at 47% occupancy.Projected nightly rate is $169/night at 53% occupancy.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 38% of comparables

Seasonality

40 Airbnb Comparables

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

$33,909

Avg annual revenue

53%

Avg occupancy rate

$169

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

$40k

$65k

$95k

$8,043

Profit

Revenue

$32,715

Operating Expenses

$17,933

Operating Income

$14,782

Mortgage & Taxes

$6,739

Profit (Cash Flow)

$8,043

$31,227

Cash Investment

Down Payment

$19,980

Renos & Furnishing

$8,250

Closing Costs

$2,997

Total

$31,227

DSCR Ratio

Strong

2.19

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

25.75%

Cap Rate

14.79%

Return on Investment

38.49%

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

$4,741

Deductible property tax

$989

Your total deduction

$2,992

Your adjusted annual income

$150,000 - $2,992 = $147,008

Taxes on $147,008 (30%)

$44,102

Your old tax bill

$45,000

Your new tax bill

$44,102

Estimated tax savings

$898

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:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

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 AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -