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BNBCalc Short Term Rental Investment Analysis 948 W Shore Dr, Culver, IN 46511

5 bed • 5 bath • 15 guests • $3,500,000

BNB

Calc

Annual Revenue

$106,801

Profit (Cash Flow)

-$156,862

Cap Rate

2.3%

Annual Revenue

$106,801

AirDNA projects $513/night at 57% occupancy ($106,800). Airbtics projects $712/night at 50% occupancy ($130,026). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 56.99999999999999% occupancy rate, $513 rate per night.

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

Percentiles25%50%75%90%
Revenue$65,758$103,794$226,546$347,223
Occupancy34%42%67%80%
Nightly Rate$517$657$908$1,153

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Gorgeous newly remodeled Lake House on waterfront!

No image available

$123,984
$654
47%
544$350❌❌❌Y / Y⭐️ 4.8 (15)
Best Location on the Water, Walk to Everything

No image available

$174,998
$1,413
32%
632$300❌❌❌Y / Y⭐️ 4.8 (15)
Penthouse with lake views

No image available

$100,299
$368
71%
523$250❌❌❌Y / Y⭐️ 4.9 (51)
Historic Culver Gathering Place IN TOWN 6bd/4 bth

No image available

$75,685
$659
30%
642$300❌❌❌Y / Y⭐️ 5 (26)
Beautiful Lake Home in Culver

No image available

$235,842
$954
67%
545$300❌❌❌Y / Y⭐️ 4.9 (15)
Modern / Spacious Unity Log Cabin on Bass Lake

No image available

$44,458
$271
42%
521$140❌❌❌Y / Y⭐️ 4.8 (212)
Plymouth Indiana Getaway

No image available

$179,232
$480
97%
532$250❌❌✅Y / Y⭐️ 4.8 (8)
Lakefront Cottage With Dock and Guesthouse

No image available

$129,944
$598
58%
532$250❌❌❌Y / Y⭐️ 4.8 (24)
The Best Location on the Water, Walk to Everything

No image available

$57,337
$452
33%
632$300❌❌❌Y / Y⭐️ 5 (20)
Aubenbenaubee Lodge & pontoon for rent

No image available

$247,070
$657
100%
532$300❌❌❌Y / Y⭐️ 4.8 (4)
Welcome to My Happy Place …Live the dream

No image available

$133,743
$933
38%
532$450✅❌❌Y / Y⭐️ 4.3 (5)
Sunset Lake Home-Hot Tub/Bikes/Paddle Board/Kayaks

No image available

$100,058
$566
47%
533$400❌✅❌Y / Y⭐️ 5 (35)
Waterfront Koontz Lake House

No image available

$83,030
$307
73%
521$100✅❌✅Y / Y⭐️ 4.8 (18)
NEW 6BR/6BA Home Minutes from Maxinkuckee Lake!

No image available

$160,631
$1,286
31%
662$450✅❌❌Y / Y⭐️ 5 (13)
Farm house near the lake

No image available

$98,342
$701
36%
643$700❌✅❌Y / Y⭐️ 5 (7)
Incredible lakefront villa with docking.

No image available

$184,410
$490
97%
534$315❌❌❌Y / Y⭐️ 5 (29)
5 Bedroom House "On A Quiet Street by the Lake"

No image available

$43,809
$171
70%
522$0❌❌❌Y / Y⭐️ 4.7 (35)
Newly Built in Culver-Lake Views

No image available

$149,376
$1,188
34%
532$255❌❌❌Y / Y⭐️ 5 (6)
Close to Beach and Restaurants

No image available

$201,111
$688
79%
532$225❌❌❌Y / Y⭐️ 4.8 (11)
Luxury Cabin

No image available

$170,019
$733
58%
663$500❌❌❌Y / Y⭐️ 5 (5)
Spectatular 5 bedroom home-Lake Maxinkuckee

No image available

$196,741
$1,581
34%
557$0❌❌❌Y / Y⭐️ 5 (1)
Amazing Lakehouse near Chicago, NotreDame & Culver

No image available

$104,731
$593
46%
642$350✅✅✅Y / Y⭐️ 5 (27)
Making Memories on Lake Manitou

No image available

$66,054
$500
35%
523$299❌❌❌Y / Y⭐️ 5 (24)
Fun Home with Views of Lake Max

No image available

$149,504
$950
43%
542$0✅❌❌N / N⭐️ 0 (1)
Splendid on School-Culver Home

No image available

$77,676
$350
60%
522$205❌❌❌Y / Y⭐️ 0 (3)
Lake Maxinkuckee East Shore Cottage

No image available

$290,421
$1,150
69%
651$255❌❌❌Y / N⭐️ 5 (2)
Stunning Lakefront Home - Kayaks/Bikes/Pier+More

No image available

$144,855
$943
41%
563$375❌❌❌Y / Y⭐️ 5 (32)
Knox Indiana house

No image available

$89,309
$702
34%
531$400✅❌❌Y / Y⭐️ 5 (11)
Newly Renovated Large Culver Home

No image available

$85,400
$550
40%
523$200❌❌❌Y / N⭐️ 0 (0)
Historic Home on Lake Maxinkuckee's East Shore

No image available

$218,818
$657
91%
543$0❌❌❌Y / Y⭐️ 0 (0)
5 BR, 2BA Fabulous Renovation In Town

No image available

$135,213
$523
59%
523$200❌❌✅Y / Y⭐️ 4.9 (20)
Grand Lakefront Home

No image available

$134,327
$779
44%
643$250❌✅❌Y / Y⭐️ 5 (43)
Lake Front House/5+ Bedrooms/Sauna/Private Pier

No image available

$265,038
$933
77%
623$350✅❌❌Y / Y⭐️ 5 (4)
Waterscape - Luxury Lake House

No image available

$82,308
$501
42%
552$350❌❌❌Y / Y⭐️ 4.7 (7)
Luxury Private Lake Home

No image available

$136,687
$900
38%
545$350❌❌❌Y / Y⭐️ 0 (2)

Return Metrics

-19.17% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$156,862-$313,724-$470,586-$627,448-$784,310-$1,568,621-$4,705,863
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$2,800,000$2,800,000$2,800,000$2,800,000$2,800,000$2,800,000$2,800,000
Down Payment$700,000$700,000$700,000$700,000$700,000$700,000$700,000
Property Appreciation$105,000$213,150$324,544$439,280$557,459$1,203,707$4,995,418
Total Return$3,448,137$3,399,425$3,353,958$3,311,832$3,273,148$3,135,086$3,789,555

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-19.17%

Cap Rate

2.26%

Return on Investment

-2.13%

property-location

948 W Shore Dr Culver, IN, 46511

5 bed • 5 bath • 15 guests

Est. $16,787/mo

Agent

Inquire about this property

Contact Agent

-74

Airbnb Investor Score

-$156,862

Annual Profit

2.3%

Cap Rate

-19.2%

Cash on Cash

$106,801

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
AirDNA projects $513/night at 57% occupancy ($106,800.99). Airbtics projects $712/night at 50% occupancy ($130,026).

Top 36% of comparables

Top 73% 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.

$129,610

Avg annual revenue

50%

Avg occupancy rate

$712

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

$45k

$125k

$205k

$290k

Sign up to see the data on 40 all comparables

-$156,862

Profit

Revenue

$106,801

Operating Expenses

$27,564

Operating Income

$79,237

Mortgage & Taxes

$236,099

Profit (Cash Flow)

-$156,862

$818,250

Cash Investment

Down Payment

$700,000

Renos & Furnishing

$13,250

Closing Costs

$105,000

Total

$818,250

DSCR Ratio

Weak

0.34

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-19.17%

Cap Rate

2.26%

Profit (Cummulative)

-$156,862

$2,800,000

$13,250

$105,000

$0

Total Gain

-$17,478

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

$166,114

Deductible property tax

$34,650

Your total deduction

$459,348

Your adjusted annual income

$150,000 - $459,348 = -$309,348


Taxes on -$309,348 (30%)

-$92,804

Your old tax bill

$45,000

Your new tax bill

-$92,804


Estimated tax savings

$137,804

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:

17,860 sqft

Year built:

1952

Size:

3,679 sqft

Type:

SFR

Parking:

3

Heating:

CENTRAL

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
403 S Main St431,742-15,6421980$0206
450 S Main St-21,016-14,1241972$0-
416 S Main St331,450-7,6862021$034
712 Nueva Gorda St311,042-6,4801890$0-
1150 South St573,645-26,0792022$0-
18243 W Shore Cir333,700-22,2161998$749,00054
1223 Hoosier Ln421,780-18,7311930$425,000222
712 Peru Ct452,946-9,2821920$0-
1140 South St322,374-25,8751959$2,500,000-
1207 W Shore Dr312,080-10,5601920$483,00082

Property Details

  • MLS Status: property-details-mls-status-sold
  • Property Use: Single Family Residence
  • Stories: 2
  • Lot size: 17,860 sqft
  • Building area: 3,679 sqft
  • Garage: Yes
  • Heating: Central
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: Residential
  • Parcel Number: 50-21-21-000-089.001-013
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $1,336,000
  • County Est. Land Value: $936,300
  • Assessed Land Value: $936,300
  • County Est. Structure Value: $399,700
  • Market Estimate: -