BNBCalc Short Term Rental Investment Analysis 2834 Illinois Ave, Colorado Springs, CO 80907

3 bed • 1 bath • 9 guests • $440,000

BNB

Calc

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Onboarding Flow User

user-for-onboarding-flow@bnbcalc.com

Annual Revenue

$32,346

Profit (Cash Flow)

-$15,220

Cap Rate

3.3%

Annual Revenue

$32,346

AirDNA projects $123/night at 72% occupancy ($32,346). Airbtics projects $159/night at 69% occupancy ($40,070). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 72% occupancy rate, $123 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$24,446	$35,695	$59,847	$91,015
Occupancy	59%	69%	83%	89%
Nightly Rate	$110	$136	$188	$268

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Central Colorado Springs, 3 BR, Views, WiFi, Pets	$49,614	$168	73%	3	2	3	$310	❌	❌	✅	Y / Y	⭐️ 4.7 (32)
Finding Tranquility	$20,418	$85	56%	3	2	2	$125	❌	❌	❌	Y / Y	⭐️ 4.5 (48)
Kid Friendly! Hot Tub-Hike from Backyard,near UCCS	$53,165	$197	69%	3	3	2	$165	❌	✅	❌	Y / Y	⭐️ 5 (74)
3BR Modern, w/Lg Backyard, Mtn Views, & Hot Tub!	$43,354	$154	69%	3	3	2	$241	❌	✅	❌	Y / Y	⭐️ 4.5 (17)
Casa Mosaic! Downtown Workspace w Outdoor Haven	$25,774	$82	70%	3	2	2	$175	❌	❌	✅	Y / Y	⭐️ 4.8 (43)
Dream Rental★Trail Access, Hot Tub, Firepit, Grill	$31,617	$89	87%	3	2	1	$150	❌	✅	❌	Y / Y	⭐️ 4.9 (466)
3BD Downtown Family Escape! Grill, Fire Pit	$32,398	$134	61%	3	2	2	$225	❌	❌	❌	Y / Y	⭐️ 5 (11)
The Historic Blue Bird Cottage @ base of Rcky Mtns	$36,729	$136	68%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (184)
Colorado Springs Home w/ Patio: 3 Mi to Downtown!	$36,308	$129	71%	3	2	2	$155	❌	❌	✅	Y / Y	⭐️ 5 (11)
The Retreat North	$31,712	$99	83%	3	2	1	$65	❌	❌	❌	Y / N	⭐️ 5 (75)
Del Norte Deluxe! Downtown King Top Attractions	$61,331	$216	72%	3	2	1	$175	❌	❌	✅	Y / Y	⭐️ 4.8 (63)
Spacious 3BR house near Downtown	$35,844	$105	89%	3	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (24)
Luxe and Spacious Craftsman	$47,760	$193	66%	3	4	2	$220	❌	❌	❌	Y / Y	⭐️ 4.7 (11)
Stylish Getaway in the Center of Colorado Springs	$28,577	$122	64%	3	2	2	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (31)
❤Charming Bungalow❤ in Old North End-Pet Friendly!	$25,898	$122	58%	3	2	2	$0	❌	❌	✅	Y / Y	⭐️ 4.9 (149)
3bd Town Home w/hot-tub Great Downtown Location	$55,661	$160	94%	3	2	3	$170	❌	✅	❌	Y / Y	⭐️ 5 (44)
KING BED! Relaxing HotTub& Cozy Electric Fireplace	$45,631	$139	86%	3	2	1	$170	❌	❌	✅	Y / Y	⭐️ 4.5 (14)
Large Exec family home close to CC, Downtown	$50,521	$275	49%	3	3	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (21)
»Near Dwntwn + CC« King Beds┃Trail Access┃Firepit	$29,261	$91	79%	3	1	1	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (243)
Dog Friendly! Great Location, A/C, Relax Outside!	$100,782	$315	86%	3	3	2	$159	❌	❌	✅	Y / Y	⭐️ 5 (19)
Quiet MountainRetreat \| Game Rm! 8Mins to Downtown	$22,946	$114	53%	3	1	2	$95	❌	❌	❌	Y / Y	⭐️ 4.7 (43)
Cozy Home plus large deck w/ view	$26,971	$112	60%	3	2	2	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (87)
College Place—Reimagined Mid-Century Modern	$51,006	$187	74%	3	1	2	$75	❌	✅	❌	Y / Y	⭐️ 5 (108)
Cool Cascade	$15,624	$100	39%	3	2	1	$135	❌	❌	❌	Y / Y	⭐️ 4.7 (24)
Robins Nest Cottage: Historic Old North End, CC	$21,327	$78	72%	3	1	2	$80	❌	❌	❌	Y / Y	⭐️ 4.8 (233)
Home in Colorado Springs	$23,538	$85	71%	3	1	1	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (40)
4 minutes from UCCS! Clean, Spacious 3BR/2BA Home	$54,688	$241	62%	3	2	2	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (17)
Cozy home with grill, porch, great location	$46,617	$250	42%	3	2	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (15)
Beautiful home near downtown!	$38,708	$121	84%	3	2	3	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (18)
Cozy Cascade	$23,058	$100	63%	3	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (8)
Charming 3 bedroom downtown with workspace	$54,930	$268	56%	3	2	31	$75	❌	❌	✅	Y / Y	⭐️ 4.5 (15)
Great House \| Sleeps 7 \| Close to it all	$42,630	$128	91%	3	2	2	$0	❌	❌	✅	Y / N	⭐️ 5 (2)
Expansive Home near Palmer Park	$22,211	$148	41%	3	2	3	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (28)
Patty Jewett golf course area. No cleaning fee!	$34,543	$133	69%	3	2	2	$120	❌	❌	❌	Y / Y	⭐️ 4.8 (89)
Cozy Historic Charmer Near Downtown	$54,303	$150	95%	3	2	2	$180	❌	❌	❌	Y / Y	⭐️ 5 (16)
Central Springs Mid-Century	$53,655	$142	100%	3	2	4	$200	❌	❌	✅	Y / Y	⭐️ 5 (4)
PET FRIENDLY // The Carriage House // Historic District Downtown COS	$43,542	$276	42%	3	2	1	$125	❌	❌	✅	Y / Y	⭐️ 4.7 (38)
COS Old North End Nest Near DWTN Colorado College	$44,300	$136	89%	3	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (24)
Modern Lux Ranch Home \| Golf Course \| 2 Car Garage	$40,626	$150	74%	3	2	30	$200	❌	❌	❌	Y / Y	⭐️ 5 (2)
Gorgeous Historic Home- Close to Everything!	$82,350	$450	50%	3	3	6	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (7)

Return Metrics

-13.9% 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)	-$15,219	-$30,439	-$45,659	-$60,879	-$76,099	-$152,199	-$456,599
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$4,322	$8,911	$13,784	$18,956	$24,448	$57,426	$352,000
Down Payment	$88,000	$88,000	$88,000	$88,000	$88,000	$88,000	$88,000
Property Appreciation	$13,200	$26,796	$40,799	$55,223	$70,080	$151,323	$627,995
Total Return	$90,302	$93,267	$96,923	$101,300	$106,429	$144,549	$611,395

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.9%

Cap Rate

3.28%

Return on Investment

2.1%

2834 Illinois Ave Colorado Springs, CO, 80907

3 bed • 1 bath • 9 guests

Purchase Price

Est. $2,110/mo

This property is for sale!

Contact Agent

Colorado Springs

Guide

Zoning

Market

Guide

Laws

Market Data

-51

Airbnb Investor Score

-$15,219

Annual Profit

3.3%

Cap Rate

-13.9%

Cash on Cash

$32,346

Annual Revenue

BNBCalc predicts this property will get $159 per night with 69% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 66% of comparables

Seasonality

40 Airbnb Comparables

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

$40,998

Avg annual revenue

69%

Avg occupancy rate

$159

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

$15k

$45k

$70k

$100k

-$15,220

Profit

Revenue

$32,346

Operating Expenses

$17,885

Operating Income

$14,461

Mortgage & Taxes

$29,681

Profit (Cash Flow)

-$15,220

$109,450

Cash Investment

Down Payment

$88,000

Renos & Furnishing

$8,250

Closing Costs

$13,200

Total

$109,450

DSCR Ratio

Weak

0.49

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-13.9%

Cap Rate

3.28%

Return on Investment

2.1%

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

$20,883

Deductible property tax

$4,356

Your total deduction

$59,949

Your adjusted annual income

$150,000 - $59,949 = $90,051

Taxes on $90,051 (30%)

$27,015

Your old tax bill

$45,000

Your new tax bill

$27,015

Estimated tax savings

$17,985

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:

Year built:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: Yes

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

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: -