BNBCalc.com Investment Analysis Report of 1601 S Michigan Ave #103, Chicago, IL 60616, USA

2 bed • 2 bath • 6 guests • $335,000

BNB

Calc

Return Metrics

14.91% cash on cash return is a good return over the next 1 year.

Investment Value Over Time

Property Appreciation Assumption:

3%

Revenue Appreciation Assumption:

0%

Cash on Cash Return

14.91%

Cap Rate

10.03%

Return on Investment

31.59%

Annual Revenue

$61,595

AirDNA projects $248/night at 68% occupancy ($61,594).

Revenue Percentile

Operating Expenses

Monthly Expenses

$2,332

Annual Expenses

$27,987

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,738

Property Insurance

$150

HOA

$525

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$513

Management & Platform Fees

$154

Platform Fee (i.e. Airbnb)

$154

Property Manager Fee

$0

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$13,487

Deductible property tax

$3,685

Est. Depreciation Value

$158,449

Profit on this property

$33,607

Your total deduction

$142,013

So, your new taxable income is your previous income minus your total deduction ($150,000 - $142,013)

$7,987

Your old tax bill

$45,000

Your new tax bill

$2,396

Estimated tax savings

$42,604

1601 S Michigan Ave Chicago, Illinois, 60616

2 bed • 2 bath • 6 guests • $335,000

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Annual Revenue

$61,595

Profit (Cash Flow)

$12,463

Cap Rate

10.0%

Annual Revenue

$61,595

AirDNA projects $248/night at 68% occupancy ($61,595)

Occupancy Rate

Avg Daily Rate

Return Metrics

14.91% cash on cash return is a good return over the next 1 year.

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

14.91%

Cap Rate

10.03%

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 estimated deduction will be...

Deductible mortgage interest

$13,487

Deductible property tax

$3,685

Your total deduction

$34,045

Your adjusted annual income

$150,000 - $34,045 = $115,955

Taxes on $115,955 (30%)

$34,786

Your old tax bill

$45,000

Your new tax bill

$34,786

Estimated tax savings

$10,214

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