BNBCalc Short Term Rental Investment Analysis 515 Crescent Ave

2 bed • 1 bath • 6 guests • $286,300

BNB

Calc

Report by:

Ioanna Dinoulis

idinoulis@gmail.com

Annual Revenue

$61,964

Profit (Cash Flow)

$18,444

Cap Rate

14.1%

Annual Revenue

$61,964

AirDNA projects $377/night at 45% occupancy ($61,963). Airbtics projects $450/night at 54% occupancy ($88,754). Airbtics predicts this property will perform in the 52% revenue percentile

BNB Calc projects a 45% occupancy rate, $377 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$51,454	$70,207	$116,819	$180,284
Occupancy	39%	48%	62%	84%
Nightly Rate	$354	$390	$502	$576

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Two bedroom Lake Home	$130,135	$350	95%	2	2	2	$160	❌	❌	❌	Y / Y	⭐️ 0 (0)
Hello, Saratoga! Outdoor pool & close to downtown	$78,552	$310	68%	2	2	2	$65	✅	❌	❌	Y / Y	⭐️ 5 (35)
Lakefront Panoramic Views with POOL - 2BR	$105,960	$572	49%	2	2	3	$140	✅	❌	❌	Y / Y	⭐️ 4.9 (41)
The Lake House at Saratoga Lake (Upstairs)	$49,805	$378	36%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (26)
Spacious 2 bedroom near Race Course/SPAC/Casino	$56,016	$390	37%	2	2	1	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (37)
Saratoga Springs Lake	$93,584	$513	48%	2	2	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (45)
Near - Racetrack, Belmont, Casino, ADK, Regatta	$92,658	$580	42%	2	2	3	$220	❌	❌	❌	Y / Y	⭐️ 5 (6)
Bright and spacious 2 br townhouse in Saratoga	$92,438	$359	69%	2	2	2	$125	✅	❌	❌	Y / Y	⭐️ 5 (20)
Lakeside 2 BR w/POOL & fire pit	$73,485	$492	39%	2	1	3	$175	✅	❌	❌	N / Y	⭐️ 5 (21)
Lake House - Saratoga Springs	$69,832	$405	45%	2	1	3	$150	❌	✅	✅	Y / Y	⭐️ 4.9 (134)
New lakeside cottage mins to Racetrack & downtown	$51,160	$385	35%	2	1	3	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (41)
Saratoga Springs in- town 3- bedroom House	$177,108	$483	100%	2	3	3	$50	✅	❌	❌	Y / Y	⭐️ 5 (16)
Lakefront Cabin w/ Hot Tub - 5 Minutes From Track!	$64,587	$319	54%	2	2	3	$180	❌	❌	❌	Y / N	⭐️ 4.8 (6)
Newly renovated, two bedroom townhouse	$148,323	$1,000	39%	2	3	2	$150	✅	✅	❌	Y / Y	⭐️ 5 (4)
Cottage on Saratoga Lake	$45,255	$219	56%	2	1	2	$20	❌	❌	❌	Y / Y	⭐️ 4.8 (22)

Return Metrics

48.86% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$18,443	$36,887	$55,331	$73,774	$92,218	$184,436	$553,310
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,234	$6,668	$10,314	$14,185	$18,294	$42,971	$263,396
Down Payment	$22,904	$22,904	$22,904	$22,904	$22,904	$22,904	$22,904
Property Appreciation	$8,589	$17,435	$26,547	$35,933	$45,600	$98,463	$408,625
Total Return	$53,171	$83,895	$115,097	$146,797	$179,017	$348,775	$1,248,236

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

48.86%

Cap Rate

14.05%

Return on Investment

80.19%

515 Crescent Ave Saratoga Springs, New York, 12866

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,373/mo

This property is for sale!

Contact Agent

$61,964

Annual Revenue

BNBCalc predicts this property will get $450 per night with 54% occupancy, putting it in the top 52% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 54% of comparables

Avg Daily Rate

Top 61% of comparables

Seasonality

15 Airbnb Comparables

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

$88,593

Avg annual revenue

54%

Avg occupancy rate

$450

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

$45k

$90k

$130k

$180k

$18,444

Profit

Revenue

$61,964

Operating Expenses

$21,735

Operating Income

$40,228

Mortgage & Taxes

$21,785

Profit (Cash Flow)

$18,444

$37,743

Cash Investment

Down Payment

$22,904

Renos & Furnishing

$6,250

Closing Costs

$8,589

Total

$37,743

DSCR Ratio

Strong

1.85

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

48.86%

Cap Rate

14.05%

Return on Investment

80.19%

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

$15,626

Deductible property tax

$2,834

Your total deduction

-$11,529

Your adjusted annual income

$150,000 - -$11,529 = $161,529

Taxes on $161,529 (30%)

$48,459

Your old tax bill

$45,000

Your new tax bill

$48,459

Estimated tax savings

-$3,459

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:

13,068 sqft

Year built:

1952

Size:

535 sqft

Type:

OTHER

Parking:

Heating:

YES

Sold Comparables

Property Details

MLS Status: Active

Property Use: Seasonal, Cabin, Vacation Residence

Stories: 1

Lot size: 13,068 sqft

Building area: 535 sqft

Garage: No

Heating: Yes

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: RR1

Land Use: Residential

Parcel Number: 411589 179.4-2-16

Flood Zone: No

Tax Info

Year Assessed:

Assessed Value: $81,000

County Est. Land Value: $123,654

Assessed Land Value: $64,300

County Est. Structure Value: $32,115

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
07/22/22	$300,000	0%	Shelly Park Llc

Ownership

Name: Shelly Park Llc

Owner Occupied: No

Owner Mailing Address: 335 Brownville Rd, Saratoga Springs, Ny 12866

Years Owned: 22

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No