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BNBCalc Short Term Rental Investment Analysis 901 Shannon Dr, Chesterton, IN 46304

3 bed • 2 bath • 9 guests • $0

BNB

Calc

Annual Revenue

$28,635

Profit (Cash Flow)

$11,233

Cap Rate

Infinity%

Annual Revenue

$28,635

AirDNA projects $196/night at 40% occupancy ($28,635). Airbtics projects $216/night at 56% occupancy ($44,179). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 40% occupancy rate, $196 rate per night.

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

Percentiles25%50%75%90%
Revenue$25,470$45,609$68,954$94,452
Occupancy45%58%67%77%
Nightly Rate$147$206$270$320

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

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Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
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311$125❌❌✅N / Y⭐️ 4.7 (32)
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331$200❌✅❌Y / Y⭐️ 5 (20)
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38%
312$160❌❌✅Y / Y⭐️ 4.9 (45)
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67%
312$100❌❌✅Y / Y⭐️ 4.9 (150)
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331$249❌❌❌Y / Y⭐️ 5 (2)
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333$186❌❌❌Y / Y⭐️ 4.9 (42)
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77%
312$250❌❌✅Y / Y⭐️ 4.7 (102)
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312$199❌✅✅Y / Y⭐️ 4.3 (35)
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312$100❌❌❌Y / Y⭐️ 5 (244)
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313$195❌❌❌Y / Y⭐️ 4.9 (23)
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322$175✅❌✅Y / Y⭐️ 4.8 (26)
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332$150❌❌✅Y / Y⭐️ 5 (72)
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322$193❌❌✅Y / Y⭐️ 4.9 (59)
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332$155❌❌❌Y / Y⭐️ 4.5 (37)
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Fun~Loft~Beach~Grill~Indiana Dunes National Park
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67%
311$200❌❌❌Y / Y⭐️ 4.8 (26)
Miller Beach Cozy Cottage with indoor fireplace
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$144
46%
312$160❌❌❌Y / Y⭐️ 5 (43)
Luxury Cottage nestled in nature, close to beach
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313$150❌❌✅Y / Y⭐️ 4.9 (67)
Party Porch Place in Miller Beach, Indiana Dunes
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$166
72%
332$75❌❌❌Y / Y⭐️ 4.9 (57)
Woodland & Beach FairyForest Theme+ Screen’d Porch
$46,598
$209
60%
312$90❌❌✅N / Y⭐️ 4.8 (61)
National Park / Lake Michigan Neighbor
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35%
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New Dunes Escape
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82%
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$49,481
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49%
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$30,409
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59%
311$100❌❌❌Y / Y⭐️ 4.8 (167)
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74%
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$53,353
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Return Metrics

132.14% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$11,232$22,465$33,697$44,930$56,162$112,325$336,976
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return$11,232$22,465$33,697$44,930$56,162$112,325$336,976

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

132.14%

Cap Rate

∞%

Return on Investment

132.14%

property-location

901 Shannon Dr Chesterton, IN, 46304

3 bed • 2 bath • 9 guests

Est. $0/mo

Agent

This property is for sale!

Contact Agent

Infinity

Airbnb Investor Score

$11,232

Annual Profit

Infinity%

Cap Rate

132.1%

Cash on Cash

$28,635

Annual Revenue

BNBCalc predicts this property will get $216 per night with 56% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Top 86% of comparables

Top 51% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$46,423

Avg annual revenue

56%

Avg occupancy rate

$216

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

$55k

$90k

$130k

Sign up to see the data on 40 all comparables

$11,233

Profit

Revenue

$28,635

Operating Expenses

$17,403

Operating Income

$11,233

Mortgage & Taxes

$0

Profit (Cash Flow)

$11,233

$8,500

Cash Investment

Down Payment

$0

Renos & Furnishing

$8,500

Closing Costs

$0

Total

$8,500

DSCR Ratio

Weak

0.00

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

132.14%

Cap Rate

∞%

Profit (Cummulative)

$11,233

-$0

$8,500

$0

$0

Total Gain

$11,233

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

$0

Deductible property tax

$0

Your total deduction

-$10,060

Your adjusted annual income

$150,000 - -$10,060 = $160,060


Taxes on $160,060 (30%)

$48,018

Your old tax bill

$45,000

Your new tax bill

$48,018


Estimated tax savings

-$3,018

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:

29,882 sqft

Year built:

1949

Size:

1,728 sqft

Type:

SFR

Parking:

3

Heating:

Central

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
1024 Chestnut Blvd412,290-12,1101979$0-
616 S 10th St21884-7,8841962$0-
415 S 3rd St411,848-6,6211911$04
616 W Morgan Ave321,788-8,0591949$0-
1421 Maximilian Dr332,382-6,0982005$0-
762 Dunewood Dr432,440-12,4151979$260,000-
748 Greenwood Dr311,627-9,8011963$291,000-
802 S 2nd St321,845-17,1631940$0-
502 Park Ave311,230-11,8481965$0-
402 S Jackson Blvd321,827-11,3691960$0-

Property Details

  • MLS Status: Active
  • Property Use: Single Family Residence
  • Stories: -
  • Lot size: 29,882 sqft
  • Building area: 1,728 sqft
  • Garage: Yes
  • Heating: Central
  • Pool: No
  • Fireplaces: 2
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: Residential
  • Parcel Number: 64-06-01-157-001.000-023
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $280,100
  • County Est. Land Value: $73,500
  • Assessed Land Value: $73,500
  • County Est. Structure Value: $206,600
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
09/29/21$425,000100%Nathaniel Patschke
01/27/06$00%Virginia C Galvin, Virginia C Galvin Trust
01/30/06$00%Virginia C Galvin

Ownership

  • Name: Nathaniel Patschke
  • Owner Occupied: No
  • Owner Mailing Address: 6231 S Greenwood Ave, Chicago, IL 60637
  • Years Owned: 35
  • Home Equity: -
  • Mortgage Balance Remaining: $0
  • Financed amount: -
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: No