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BNBCalc Short Term Rental Investment Analysis 2225 W Monroe St Apt 1

1 bed • 1 bath • 1 guests • $322,800

BNB

Calc

Report by:

Onboarding Flow User

user-for-onboarding-flow@bnbcalc.com

Annual Revenue

$33,245

Profit (Cash Flow)

-$6,532

Cap Rate

4.7%

Annual Revenue

$33,245

AirDNA projects $123/night at 74% occupancy ($33,244). Airbtics projects $154/night at 71% occupancy ($39,935). Airbtics predicts this property will perform in the 51% revenue percentile

BNB Calc projects a 74% occupancy rate, $123 rate per night.

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

Percentiles25%50%75%90%
Revenue$23,953$36,959$51,137$71,547
Occupancy62%73%81%88%
Nightly Rate$101$133$166$215

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Great Location 1 bdr close to Downtown|West loop
$32,364
$96
88%
121$75❌❌❌Y / Y⭐️ 4.8 (77)
CITY CONDO with GARAGE 7 min Walk to Train
$33,540
$85
100%
113$79❌❌❌Y / Y⭐️ 4.8 (290)
Cosmopolitan 1BR in West Loop with Laundry
$23,087
$76
83%
121$0❌❌❌Y / Y⭐️ 4.8 (30)
Vintage Apartment in the Heart of the Ukrainian Village
$19,776
$125
40%
1212$159❌❌❌Y / Y⭐️ 4.8 (187)
*Entire City Apartment 1 block to Train Park Free
$22,935
$63
93%
113$75❌❌❌Y / Y⭐️ 4.8 (285)
Alluring 1BR Apt w/ In-Unit Laundry, near Dining!
$22,253
$80
76%
121$0❌❌❌Y / Y⭐️ 4.9 (33)
Cozy 1BD | Washer & Dryer | WIFI | Pet Friendly
$49,571
$160
79%
111$150❌❌✅Y / Y⭐️ 4.7 (41)
Paradise on the Park
$32,928
$133
64%
112$70❌❌❌Y / Y⭐️ 5 (183)
Decompress on a Sophisticated Chaise at a Glamorous Hideaway
$25,488
$211
31%
112$110❌❌❌Y / Y⭐️ 5 (157)
Downtown Chicago - Spa Bath, Patio, 3 blocks to L
$49,280
$146
84%
112$115❌✅❌Y / Y⭐️ 5 (83)
iKlektik House Chicago / Cardinal
$33,265
$130
65%
112$100❌❌❌Y / Y⭐️ 4.9 (410)
Bright & Spacious Noble Square Loft
$64,823
$232
74%
112$75❌❌❌Y / Y⭐️ 4.9 (261)
CLEAN Cozy Vintage Chicago Apartment near Downtown
$28,311
$103
72%
113$60❌❌❌Y / Y⭐️ 5 (375)
Cozy, modern retreat in vibrant, trendy ‘hood
$33,621
$126
71%
113$50❌❌❌Y / Y⭐️ 5 (64)
Top of West Town Charm - 1br Apt Has All You Need!
$20,362
$68
75%
111$66❌❌❌Y / Y⭐️ 4.8 (222)
iKlektik House Chicago / Robin
$28,328
$117
62%
112$90❌❌❌N / Y⭐️ 4.9 (484)
Ukrainian Village Garden Retreat
$33,489
$110
81%
112$30❌❌✅Y / Y⭐️ 5 (235)
CT's Art BNB in West Town's Gallery Row
$43,684
$156
73%
112$50❌❌❌N / Y⭐️ 5 (103)
Explore the City from an Elegant, Urban Retreat
$48,172
$158
80%
112$69❌❌✅Y / Y⭐️ 4.8 (369)
Renovated basement studio w/ independent entrance
$38,269
$139
73%
112$70❌❌❌Y / Y⭐️ 5 (51)
Pro Cleaned & Isolated West Loop Coach House
$27,218
$92
74%
111$66❌❌❌Y / Y⭐️ 4.9 (385)
The Secret West Loop Oasis/walk to Fulton market
$106,067
$460
63%
112$0❌❌❌Y / Y⭐️ 4.8 (23)
Cozy Urban Getaway East Village Apartment
$31,134
$141
59%
113$90❌❌❌Y / Y⭐️ 5 (128)
The Secret West Loop Oasis/walk to Fulton market
$103,369
$463
61%
112$0❌❌❌Y / Y⭐️ 5 (23)
Cozy 1BR Near Downtown!-Free Parking Space!
$27,830
$120
59%
112$50❌❌❌N / Y⭐️ 4.9 (92)
Spacious 1 bed/1 bath in the Heart of West Loop
$40,131
$162
66%
113$75❌❌✅Y / Y⭐️ 4.8 (64)
Historic East Village in West Town
$29,272
$93
86%
113$0❌❌❌N / Y⭐️ 5 (270)
Private 1 Bedroom Apartment in Little Italy / UIC
$37,493
$214
46%
112$94❌❌❌N / Y⭐️ 5 (74)
New Spot in West Town
$27,003
$119
62%
111$0❌❌✅Y / Y⭐️ 4.8 (132)
The Secret West Loop Oasis/walk to Fulton market
$46,291
$204
62%
112$0❌❌❌Y / Y⭐️ 4.7 (20)
Lush & Boho Ap in Pilsen Close to Loop/18th Strip
$44,178
$138
80%
112$120❌❌✅Y / Y⭐️ 4.8 (72)
Heart of Chicago/ Pilsen Garden Studio
$23,289
$76
81%
112$35❌❌❌N / Y⭐️ 4.8 (603)
The Secret West Loop Oasis for up to 6 guests
$54,768
$348
43%
112$0❌❌❌Y / Y⭐️ 4.8 (26)
Fulton House #1 - Studio Only
$51,196
$205
67%
113$60❌❌❌N / Y⭐️ 5 (47)
Turquoise Wonder - Clean, Cozy & Stylish Apt
$36,778
$113
86%
115$95❌❌❌Y / Y⭐️ 5 (268)
Cozy garden apartment historic Jackson Bvld.
$48,870
$152
85%
112$75❌❌❌Y / Y⭐️ 5 (324)
Great location & spacious for 4
$49,612
$184
70%
112$150❌❌✅Y / Y⭐️ 4.8 (15)
Great location. Free parking.
$30,963
$90
94%
111$0❌❌✅Y / Y⭐️ 5 (727)
West Town 1-Bedroom Full Remodel
$46,669
$178
70%
112$100❌❌❌Y / Y⭐️ 5 (43)
Division St Designer Home In Heart of Wicker Park
$43,927
$133
88%
111$41❌❌❌Y / Y⭐️ 5 (210)

Return Metrics

-8.32% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$6,532-$13,064-$19,597-$26,129-$32,661-$65,323-$195,970
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$3,171$6,538$10,112$13,907$17,936$42,129$258,240
Down Payment$64,560$64,560$64,560$64,560$64,560$64,560$64,560
Property Appreciation$9,684$19,658$29,932$40,514$51,413$111,016$460,720
Total Return$70,882$77,691$85,007$92,852$101,248$152,382$587,549

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-8.32%

Cap Rate

4.72%

Return on Investment

8.05%

property-location

2225 W Monroe St Chicago, Illinois, 60612-2915

1 bed • 1 bath • 1 guests

Est. $1,548/mo

Agent

Inquire about this property

Contact Agent

$322,800

Zestimate

Chicago

Guide

Zoning

Market

Guide


Laws


Market Data

$33,245

Annual Revenue

BNBCalc predicts this property will get $154 per night with 71% occupancy, putting it in the top 51% revenue percentile compared to similar properties nearby.

Top 46% of comparables

Top 58% 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.

$39,740

Avg annual revenue

71%

Avg occupancy rate

$154

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

$45k

$75k

$105k

Sign up to see the data on 40 all comparables

-$6,532

Profit

Revenue

$33,245

Operating Expenses

$18,002

Operating Income

$15,243

Mortgage & Taxes

$21,775

Profit (Cash Flow)

-$6,532

$78,494

Cash Investment

Down Payment

$64,560

Renos & Furnishing

$4,250

Closing Costs

$9,684

Total

$78,494

DSCR Ratio

Weak

0.70

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-8.32%

Cap Rate

4.72%

Profit (Cummulative)

-$6,532

$3,171

$4,250

$9,684

$0

Total Gain

$6,323

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

$15,320

Deductible property tax

$3,196

Your total deduction

$48,663

Your adjusted annual income

$150,000 - $48,663 = $101,337


Taxes on $101,337 (30%)

$30,401

Your old tax bill

$45,000

Your new tax bill

$30,401


Estimated tax savings

$14,599

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:

3,421 sqft

Year built:

2005

Size:

-

Type:

CONDO

Parking:

-

Heating:

NONE

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: Condominium
  • Stories: 0
  • Lot size: 3,421 sqft
  • Building area: -
  • Garage: No
  • Heating: None
  • Pool: No
  • Fireplaces: 0
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: Residential
  • Parcel Number: 17-18-108-063-1001
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $28,576
  • County Est. Land Value: $30,240
  • Assessed Land Value: $3,024
  • County Est. Structure Value: $255,520
  • Market Estimate: $260,536


Sale history

DateSale Price% FinancedBuyer
03/12/18$325,00094%Christy Scoughton, Tressie Collier
04/10/09$00%Mb 1200 Corp

Ownership

  • Name: Christy Scoughton
  • Owner Occupied: Yes
  • Owner Mailing Address: 2225 W Monroe St Apt 1, Chicago, Il 60612
  • Years Owned: 77
  • Home Equity: $53,100
  • Mortgage Balance Remaining: $299,200
  • Financed amount: -
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No