BNBCalc Short Term Rental Investment Analysis 95 Salem St, Portland, ME, 04102

2 bed • 1 bath • 6 guests • $410,000

BNB

Calc

Report by:

Jason Bicknell

Property Manager at Trust Tree Management

+12078089636

jason.bicknell@gmail.com

Www.jointrusttree.com

Annual Revenue

$110,245

Profit (Cash Flow)

$54,576

Cap Rate

20.1%

Annual Revenue

$110,245

AirDNA projects $317/night at 58% occupancy ($67,153). Airbtics projects $299/night at 63% occupancy ($68,801). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 77% occupancy rate, $392 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$48,692	$65,862	$108,580	$130,590
Occupancy	56%	66%	75%	78%
Nightly Rate	$228	$259	$375	$435

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Portland 2 Bed,2 Bath In The Heart of West End…	$92,834	$359	69%	2	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (64)
Spacious 2BR Apartment in historic West End!	$113,091	$392	76%	2	2	2	$179	❌	❌	❌	Y / Y	⭐️ 5 (39)
32 Clark Street Unit 3 Portland	$62,735	$300	53%	2	2	6	$375	❌	❌	❌	Y / Y	⭐️ 5 (68)
Sunny Downtown 2 Bed Apt, Parking	$102,870	$439	60%	2	1	1	$106	❌	❌	✅	N / Y	⭐️ 4.8 (536)
Serene West End 2BR w/ Balcony: The Mermaid Cove	$90,427	$259	88%	2	1	1	$85	❌	❌	❌	Y / Y	⭐️ 5 (476)
Historic Brick Corner Apartment, off street parkin	$109,953	$575	51%	2	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (52)
1200 sq ft ♦ West End Townhouse ♦ Walk to Old Port	$49,390	$161	74%	2	1	1	$90	❌	❌	✅	Y / Y	⭐️ 4.8 (493)
1200 sq ft ♦ West End Gem ♦ Steps from Old Port	$49,069	$145	80%	2	1	4	$95	❌	❌	✅	Y / Y	⭐️ 4.8 (552)
Tate Street Patio	$46,613	$199	64%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (292)
Cozy, Central 2 Bd Apt, Parking	$109,536	$430	66%	2	1	1	$103	❌	❌	✅	Y / Y	⭐️ 4.8 (355)
Charming Modern West End Gem	$68,251	$237	77%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (167)
Sophisticated Charm at an unbeatable price!	$61,485	$232	70%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 4.9 (503)
Modern West-End 2 BR w/ Deck - Incredible Location	$52,275	$254	52%	2	1	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (127)
Cozy York - Spacious 2 Bedroom	$52,333	$224	61%	2	1	3	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (50)

Return Metrics

54.27% 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)	$54,576	$109,152	$163,728	$218,304	$272,880	$545,760	$1,637,281
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$328,000	$328,000	$328,000	$328,000	$328,000	$328,000	$328,000
Down Payment	$82,000	$82,000	$82,000	$82,000	$82,000	$82,000	$82,000
Property Appreciation	$12,300	$24,969	$38,018	$51,458	$65,302	$141,005	$585,177
Total Return	$476,876	$544,121	$611,746	$679,762	$748,182	$1,096,766	$2,632,459

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

54.27%

Cap Rate

20.05%

Return on Investment

70.51%

95 Salem St Portland, Maine, 04102-3949

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,967/mo

Inquire about this property

Contact Jason

Property Manager at Trust Tree Management

$1,022,100

Zestimate

$110,245

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $317/night at 58% occupancy.Projected nightly rate is $299/night at 63% occupancy.

Occupancy Rate

Top 14% of comparables

Avg Daily Rate

Top 21% of comparables

Seasonality

15 Airbnb Comparables

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

$72,024

Avg annual revenue

63%

Avg occupancy rate

$299

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

$20k

$50k

$80k

$115k

$54,576

Profit

Revenue

$110,245

Operating Expenses

$28,012

Operating Income

$82,233

Mortgage & Taxes

$27,657

Profit (Cash Flow)

$54,576

$100,550

Cash Investment

Down Payment

$82,000

Renos & Furnishing

$6,250

Closing Costs

$12,300

Total

$100,550

DSCR Ratio

Strong

2.97

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

54.27%

Cap Rate

20.05%

Return on Investment

70.51%

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

$19,459

Deductible property tax

$4,059

Your total deduction

-$13,096

Your adjusted annual income

$150,000 - -$13,096 = $163,096

Taxes on $163,096 (30%)

$48,929

Your old tax bill

$45,000

Your new tax bill

$48,929

Estimated tax savings

-$3,929

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com