BNBCalc.com Investment Analysis Report of 2310 Prospect St, Indianapolis, IN, 46203

3 bed • 2 bath • 8 guests • $180,000

BNB

Calc

Return Metrics

15.79% cash on cash return is a great return over the next 1 year

Investment Value Over Time

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

15.79%

Cap Rate

11.11%

Return on Investment

30.16%

Annual Revenue

$38,730

AirDNA projects $241/night at 44% occupancy ($38,730). Airbtics projects $178/night at 53% occupancy ($34,457). Airbtics predicts this property will perform in the 48% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$17,057$32,641$47,803$85,727
Occupancy35%55%66%79%
Nightly Rate$126$155$187$286

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Fountain Gem: Your Urban Oasis
$20,743
$111
47%
3382$100❌❌❌N / Y⭐️ 5 (41)Profile

B

3-Bedroom Upstairs Getaway Close to Downtown
$23,292
$100
62%
3162$50❌❌✅N / Y⭐️ 5 (266)Profile

C

Amazing spacious balcony home in Fountain Square.
$26,756
$155
46%
3362$110❌❌❌N / Y⭐️ 5 (65)Profile

D

Cozy 3 bedroom, great location & amazing backyard
$37,138
$190
49%
3152$90❌❌❌N / Y⭐️ 5 (7)Profile

E

FountainSquare bungalow, Fully Reno’d
$29,042
$137
56%
3162$120❌❌✅N / Y⭐️ 4.7 (16)Profile

Operating Expenses

Monthly Expenses

$1,560

Annual Expenses

$18,715

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,023

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$323

Management & Platform Fees

$97

Platform Fee (i.e. Airbnb)

$97

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$1,011

Annual Mortgage & Tax

$12,132

Downpayment

Purchase Price

$180,000

Percent Down

20%

Total Downpayment

$36,000

Total Loan Amount

$144,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$863

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$148

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

-

Year built:

-

Size:

-

Type:

-

Parking:

-

Heating:

-

Property Details

  • MLS Status: N/A
  • Property Use:
  • Stories:
  • Lot size:-
  • Building area: -
  • Garage: -
  • Heating:
  • Pool: No
  • Fireplaces:
  • Basement:

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: No

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -

  • Market Estimate: -

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

$8,543

Deductible property tax

$1,782

Est. Depreciation Value

$88,342

Profit on this property

$20,016

Your total deduction

$78,651

So, your new taxable income is your previous income minus your total deduction ($150,000 - $78,651)

$71,349

Your old tax bill

$45,000

Your new tax bill

$21,405

Estimated tax savings

$23,595

property-location

2310 Prospect St 1 Indianapolis, Indiana, 46203

3 bed • 2 bath • 8 guests

Purchase Price

Est. $863/mo

Agent

Inquire about this property

Contact

$53,400

Zestimate

100

Airbnb Investor Score

$7,884

Annual Profit

11.1%

Cap Rate

15.8%

Cash on Cash

$38,730

Annual Revenue

BNBCalc predicts this property will get $178 per night with 53% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

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40

Airbnb Comparables

Identify properties similar to yours in terms of amenities and interior design. Then adjust your Occupancy Rate and Average Daily Rate to match.

Revenue per year

$0k

$100k

$195k

$300k

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

15.79%

Cap Rate

11.11%

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

$8,543

Deductible property tax

$1,782

Your total deduction

$18,395

Your adjusted annual income

$150,000 - $18,395 = $131,605

Taxes on $131,605 (30%)

$39,481

Your old tax bill

$45,000

Your new tax bill

$39,481

Estimated tax savings

$5,519

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