BNBCalc Short Term Rental Investment Analysis 998 Kinzer Ave, Carmel, IN, 46032

3 bed • 2.5 bath • 9 guests • $535,600

BNB

Calc

Annual Revenue

$50,046

Profit (Cash Flow)

-$6,270

Cap Rate

5.6%

Annual Revenue

$50,046

AirDNA projects $236/night at 71% occupancy ($61,200). Airbtics projects $221/night at 62% occupancy ($50,045). Airbtics predicts this property will perform in the 50% revenue percentile

BNB Calc projects a 62% occupancy rate, $221 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$32,357	$46,401	$64,200	$94,748
Occupancy	52%	62%	72%	80%
Nightly Rate	$163	$196	$233	$309

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Historic 8 acre Property- Private Guest House	$44,563	$188	64%	3	1	2	$65	❌	❌	✅	N / Y	⭐️ 5 (143)
Spectacular Newly Rennovated 3 Bedroom Ranch Home!	$54,393	$230	60%	3	2	1	$149	❌	❌	❌	Y / Y	⭐️ 5 (148)
Townhouse in Prime Carmel Location!	$29,405	$103	78%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (21)
Pet Friendly Northside 3 BR by Carmel & Grand Park	$34,893	$110	82%	3	1	3	$75	❌	❌	✅	Y / Y	⭐️ 5 (88)
Tree-Lined Indianapolis Home ~ 10 Mi to Downtown!	$37,705	$180	52%	3	3.5	2	$191	❌	❌	❌	Y / Y	⭐️ 4.5 (18)
Artsy Abode' - Centrally Located & Family Friendly	$37,196	$166	54%	3	2	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (39)
Luxe Designer Home in Westfield	$55,321	$275	52%	3	3.5	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (39)
Enjoy the ambiance of Poplar Cottage at Grand Park	$64,506	$285	61%	3	2	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (69)
Poppin on Poplar LUXE Sleeps 13	$66,819	$338	53%	3	3.5	2	$250	❌	❌	❌	Y / Y	⭐️ 5 (89)
Minutes from Grand Park/Downtown Westfield!	$41,784	$180	60%	3	1.5	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (77)
Modern Comfort Near Grand Park Private Backyard	$45,280	$138	83%	3	1.5	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (66)
Cozy Mid-Century Modern Home - North Indianapolis	$40,350	$164	65%	3	1.5	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (124)
Rolling Hill Retreat @ GrandPark	$49,176	$167	77%	3	2	1	$100	❌	❌	✅	Y / Y	⭐️ 5 (55)
Sunblest Suites - Pet Friendly Home!	$46,481	$183	63%	3	2	2	$250	❌	❌	✅	Y / Y	⭐️ 5 (18)
Riverfront Chateau With a Deck & Serene Views	$58,830	$201	74%	3	2	1	$168	❌	❌	❌	Y / Y	⭐️ 5 (98)
Cozy, roomy 3 Bdrm Westfield home.	$41,154	$220	49%	3	2	2	$130	❌	❌	✅	Y / Y	⭐️ 5 (19)
Cozy Home in Downtown Fishers	$64,841	$226	76%	3	2	1	$130	❌	❌	✅	Y / Y	⭐️ 5 (146)
The City Escape, Suburban Retreat in Fishers	$35,125	$125	68%	3	2	1	$165	❌	❌	❌	Y / Y	⭐️ 5 (41)
Hoover Hideaway <1 mile from Grand Park-Team Room!	$51,384	$222	62%	3	3	1	$125	✅	❌	✅	Y / Y	⭐️ 5 (176)
Family or Team Stay/5 Min. to Grand Park/Gas Grill	$31,716	$157	52%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (109)
Welcome to Mom's Place in the Heart of Fishers	$41,847	$162	68%	3	2	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (132)
New Remodel near Arts & Design District on 2 Acres	$81,164	$309	70%	3	2	1	$149	❌	❌	❌	Y / Y	⭐️ 5 (44)
Grand Park minutes away !	$57,640	$149	96%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (120)
The Charming Ranch Home in Downtown Westfield	$57,644	$242	62%	3	2	1	$125	❌	✅	✅	Y / N	⭐️ 5 (24)
Grand Park Retreat	$52,131	$200	70%	3	2	2	$140	❌	❌	❌	Y / Y	⭐️ 5 (30)
Comfy & Updated Indy themed house in DT Fishers!	$56,440	$256	58%	3	2	3	$175	❌	❌	✅	Y / Y	⭐️ 5 (49)
Warm and Cozy house in Fishers	$38,894	$200	50%	3	2	3	$175	❌	❌	✅	Y / Y	⭐️ 5 (58)
Chic Haven; Minutes to Grand Park, Welcomes 8	$46,490	$154	80%	3	2	2	$160	❌	❌	❌	Y / Y	⭐️ 4.7 (17)
Centrally located Fishers Home Fenced Yard	$39,562	$140	72%	3	2	2	$175	❌	❌	✅	Y / Y	⭐️ 4.5 (28)
10 mins to Grand Park + Fam friendly quiet nbrhd	$39,929	$192	53%	3	2	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (136)
New Brownstone in the Heart of Downtown Westfield!	$50,960	$216	63%	3	3.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (84)
Grand Park Home Game Room and Xbox, Fenced yard!	$51,516	$256	52%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (41)
Grand Slam Getaway at Grand Park	$47,515	$331	38%	3	2	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (30)
Dugout at Grand Park Westfield - Sleeps 14	$66,017	$316	56%	3	2	2	$190	❌	❌	❌	Y / Y	⭐️ 5 (50)
Lego Ranch at GrandPark 3BR 2B	$47,301	$184	69%	3	2	1	$95	❌	❌	✅	Y / Y	⭐️ 5 (81)
Westfield, IN. Grand Park	$35,651	$201	45%	3	2	1	$135	✅	❌	✅	Y / Y	⭐️ 5 (56)
Historic 3 BR - Near Ruoff & Grand Park	$24,792	$142	45%	3	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (98)
Lovely Westfield Ranch: Great Location, Huge Yard!	$55,992	$200	74%	3	1.5	1	$85	❌	❌	✅	Y / Y	⭐️ 5 (56)
Casa Boho- Fire Pit, BBQ, B-ball hoop	$55,639	$183	80%	3	2	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (27)

Return Metrics

-4.75% 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)	-$6,270	-$12,540	-$18,810	-$25,080	-$31,350	-$62,701	-$188,103
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$428,480	$428,480	$428,480	$428,480	$428,480	$428,480	$428,480
Down Payment	$107,120	$107,120	$107,120	$107,120	$107,120	$107,120	$107,120
Property Appreciation	$16,068	$32,618	$49,664	$67,222	$85,307	$184,201	$764,441
Total Return	$545,397	$555,677	$566,454	$577,742	$589,556	$657,100	$1,111,938

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-4.75%

Cap Rate

5.57%

Return on Investment

11.42%

998 Kinzer Ave Carmel, Indiana, 46032

3 bed • 2.5 bath • 9 guests

Purchase Price

Est. $2,569/mo

Inquire about this property

Contact Agent

$535,600

Zestimate

Carmel

Zoning

Laws

-6

Airbnb Investor Score

-$6,270

Annual Profit

5.6%

Cap Rate

-4.8%

Cash on Cash

$50,046

Annual Revenue

This property is projected to be in the top 50% revenue percentile compared to similar properties nearby.
Projected nightly rate is $236/night at 71% occupancy.Projected nightly rate is $221/night at 62% occupancy.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 33% of comparables

Seasonality

40 Airbnb Comparables

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

$49,609

Avg annual revenue

62%

Avg occupancy rate

$221

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

$50k

$80k

$105k

-$6,270

Profit

Revenue

$50,046

Operating Expenses

$20,186

Operating Income

$29,860

Mortgage & Taxes

$36,130

Profit (Cash Flow)

-$6,270

$131,813

Cash Investment

Down Payment

$107,120

Renos & Furnishing

$8,625

Closing Costs

$16,068

Total

$131,813

DSCR Ratio

Weak

0.83

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-4.75%

Cap Rate

5.57%

Return on Investment

11.42%

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

$25,420

Deductible property tax

$5,302

Your total deduction

$60,521

Your adjusted annual income

$150,000 - $60,521 = $89,479

Taxes on $89,479 (30%)

$26,844

Your old tax bill

$45,000

Your new tax bill

$26,844

Estimated tax savings

$18,156

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:

3,484 sqft

Year built:

2020

Size:

1,990 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Other

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 3,484 sqft

Building area: 1,990 sqft

Garage: No

Heating: Other

Pool: No

Fireplaces: -

Basement: No

Cooling: Central

View: -

Parking: Garage - Attached

Amenities: -

Price per square foot: $269

Lot Info

Zoning: -

Land Use: -

Parcel Number: 291031005001000018

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $485,200

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $535,600

Schools

Elementary School: Clay Center Elementary School with 7/10 star rating
Middle School: Creekside Middle School with 9/10 star rating
High School: Carmel High School with 10/10 star rating