BNBCalc Short Term Rental Rental Arbitrage Analysis 44 Prospect St, Morristown, NJ, 07960

2 bed • 2 bath • 2 guests • $0

BNB

Calc

Annual Revenue

$43,048

Profit (Cash Flow)

-$16,549

Cash on Cash Return

-250.7%

Annual Revenue

$43,048

AirDNA projects $210/night at 71% occupancy ($54,457). Airbtics projects $166/night at 71% occupancy ($43,047). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 71% occupancy rate, $166 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$27,212	$47,466	$61,536	$79,245
Occupancy	59%	74%	80%	87%
Nightly Rate	$120	$168	$201	$238

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
C&J Signature Stays Historic Renovated Apartment	$72,802	$240	82%	2	1	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (103)
Boonton Revival- A restored treasure in NJ	$43,318	$140	80%	2	1	1	$80	❌	❌	✅	Y / Y	⭐️ 5 (131)
Lakeview Cozy Cottage w/ 2 bedrooms & 1 bath	$40,945	$192	54%	2	1	1	$115	❌	❌	❌	Y / Y	⭐️ 5 (148)
Maplewood/Train to NYC House	$59,318	$255	61%	2	1.5	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (4)
Comfort and Modern 2 Beds Studio	$22,315	$91	60%	2	1	2	$75	❌	❌	❌	Y / Y	⭐️ 4.5 (93)
Cozy Family-friendly apartment easy commute to NYC	$41,545	$187	56%	2	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (21)
South Orange Townhome - 1 block from Transit	$51,419	$171	79%	2	2	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (46)
Country vicinity & modern living	$65,880	$225	80%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (46)
Lovely 2 Bedroom & 1 Bath Space	$33,427	$148	58%	2	1	2	$80	❌	❌	✅	N / N	⭐️ 5 (48)
Private 2 story 2 Bedroom Home in Bedminster NJ	$26,539	$128	53%	2	2	2	$60	❌	❌	❌	Y / Y	⭐️ 4.5 (20)
900 Square Feet of Serene Living	$66,277	$192	91%	2	1	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (32)
Beautiful and Cozy, Lake view, hot tub, privt yard	$60,468	$227	71%	2	1	3	$95	❌	❌	❌	Y / Y	⭐️ 5 (56)
Cozy studio located near New York City.	$21,762	$97	59%	2	1	1	$22	❌	❌	❌	N / N	⭐️ 4.5 (236)
Luxury living in Downtown Westfield! 2-BR/2-BA	$65,689	$200	87%	2	2	4	$250	❌	❌	❌	Y / Y	⭐️ 5 (34)
Home Away Fr Home Near NWK Penn/Prudential CTR/NYC	$39,837	$138	75%	2	2.5	2	$150	❌	❌	❌	Y / Y	⭐️ 4.5 (47)
Book 3days & Save 20%+Park FREE+EV Plug & Sleeps 8	$57,084	$221	66%	2	2	1	$119	❌	❌	❌	Y / Y	⭐️ 5 (53)
Cozy Escape near NYC with Easy Access!	$35,342	$124	75%	2	1	3	$130	❌	❌	❌	Y / Y	⭐️ 4.5 (73)
Luke Lake House- Waterfront, Hotub, Kayaks, Fun!	$64,957	$306	58%	2	2	1	$0	❌	✅	✅	Y / N	⭐️ 5 (189)
Maplewood 2BR Townhome. NYC 30 Minutes, EWR 7 min	$34,727	$116	80%	2	1	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (202)
Glam! \| 2BR apt \| Free Parking! \| 30 min to NYC!	$67,974	$240	73%	2	2	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (103)
Get 20% OFF 3days+Free Park, Sleep 8, By Train	$61,986	$223	72%	2	2	1	$119	❌	❌	❌	Y / Y	⭐️ 5 (132)
2 BR+patio+workspace+parking near Seton Hall Univ.	$48,659	$184	66%	2	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (52)
2BR/2Ba Apt-5 min to Seton Hall w/patio & parking	$39,229	$193	50%	2	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (40)
Another Amazing 2 Bedroom Apt!	$30,708	$103	78%	2	1	3	$100	❌	❌	❌	Y / Y	⭐️ 4.5 (25)
Cozy Apartment in Montclair NJ	$55,451	$169	86%	2	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (65)
2BR Suite w/patio near NYC train & Seton Hall	$58,742	$188	81%	2	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (36)
Newly Renovated 2 BR downtown Apt, family getaway.	$56,312	$238	63%	2	1	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (43)
Your entire home-close to food/NY train/bus	$49,681	$167	78%	2	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (348)
Cozy Luxury Basement Near Airport	$27,484	$93	75%	2	1	1	$75	❌	❌	❌	N / N	⭐️ 4.5 (69)
Sunny 3rd Floor Apartment Near NYC with Parking.	$31,833	$96	89%	2	1	1	$35	❌	❌	❌	N / Y	⭐️ 5 (317)
Private & Spacious 2 Bed Apt - Prime Montclair	$61,733	$206	81%	2	1	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (284)
Suburban NYC; Private, clean apt. own entrance	$41,323	$119	92%	2	2.5	1	$125	❌	❌	❌	Y / Y	⭐️ 5 (169)
NICE 2 Br\| 1 Bath \| Nice Area \| Close to EWR & NYC	$36,224	$125	76%	2	1	2	$145	✅	❌	✅	N / Y	⭐️ 5 (65)
2 BEDS Modern Apt Near EWR/NYC/DreamMall/MetLife	$31,891	$92	92%	2	1	1	$65	❌	❌	❌	N / Y	⭐️ 4.5 (226)
Save 20% Book 3days+, Sleeps 8, Park on St. Free,	$33,833	$146	57%	2	1	1	$99	❌	❌	❌	N / Y	⭐️ 4.5 (50)
2 BDR Basement Apt 10-15mins To EWR & NWK Pen	$24,571	$121	51%	2	1	1	$60	✅	❌	❌	N / N	⭐️ 4.5 (80)
*SWEET 2 Bedroom 1 Full Bathroom NEAR EWR/NYC	$29,837	$111	67%	2	1	2	$145	❌	❌	❌	N / Y	⭐️ 5 (37)
30 secs to EWR! Minutes to NYC 2BD 1BA Entire Apt	$37,604	$114	87%	2	1	1	$50	❌	❌	❌	N / Y	⭐️ 5 (228)
Romantic/King Bed/Whole House/Train NYC/Dream Mall	$45,758	$168	70%	2	1	2	$129	❌	❌	✅	Y / Y	⭐️ 5 (118)
Cheerful 2 Bedroom Basement & Separate Entrance.	$36,270	$183	53%	2	1	1	$35	❌	❌	❌	Y / Y	⭐️ 4.5 (16)

Return Metrics

-250.73% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$16,548	-$33,097	-$49,645	-$66,194	-$82,742	-$165,485	-$496,456
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	-$16,548	-$33,097	-$49,645	-$66,194	-$82,742	-$165,485	-$496,456

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-250.73%

Payback Period Days

Return on Investment

-250.73%

44 Prospect St Morristown, New Jersey, 07960

2 bed • 2 bath • 2 guests

Monthly Rent

Inquire about this property

Contact Agent

$43,048

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $210/night at 71% occupancy.Projected nightly rate is $166/night at 71% occupancy.

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 53% of comparables

Seasonality

40 Airbnb Comparables

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

$45,268

Avg annual revenue

71%

Avg occupancy rate

$166

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

$40k

$55k

$75k

-$16,549

Profit

Revenue

$43,048

Operating Expenses

$17,596

Operating Income

$25,451

Net Effective Rent

$42,000

Profit (Cash Flow)

-$16,549

$6,600

Cash Investment

Renos & Furnishing

$6,500

Setup Costs

$100

Total

$6,600

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

-250.73%

Payback Period Days