BNBCalc.com Investment Analysis Report of 6634 W 64th St

3 bed • 1 bath • 9 guests • $169,400

BNB

Calc

Return Metrics

12.42% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

12.42%

Cap Rate

10.2%

Return on Investment

26.71%

Annual Revenue

$35,600

AirDNA projects $171/night at 57% occupancy ($35,600). Airbtics projects $186/night at 59% occupancy ($40,081). Airbtics predicts this property will perform in the 46% revenue percentile

User selected values for this report: 56.99999999999999% occupancy rate, $171 rate per night

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$26,121	$40,470	$60,133	$80,815
Occupancy	43%	58%	72%	84%
Nightly Rate	$158	$182	$217	$251

Seasonality (Profits By Month)

Airbnb Comparables

Airbnb name	Revenue	Rate Per Night	Occupancy	Beds	Baths	Guests	Night	Cleaning	Pool	H.Tub	Pets	W/D	Reviews	Host
A SUNSHINY 3 BEDROOM CONDO WITH ROOFTOP	$46,612	$207	56%	3	2	8	2	$125	❌	❌	❌	N / Y	⭐️ 4.8 (37)	Profile
B Perfect getaway! 3 bedroom / 2 bath - game room	$61,267	$222	68%	3	2	7	1	$200	❌	❌	✅	N / Y	⭐️ 4.9 (59)	Profile
C Stylish 1st floor of the house	$40,046	$247	43%	3	2	6	2	$90	❌	❌	❌	N / Y	⭐️ 4.8 (20)	Profile
D Beautiful Bungalow, Near Downtown Chicago	$34,143	$176	46%	3	2	8	2	$250	❌	❌	❌	N / Y	⭐️ 4.9 (112)	Profile
E 2 Miles to MDW 11 Miles DTWN Free Parking Wi-Fi	$30,204	$183	43%	3	2	6	3	$125	❌	❌	❌	N / Y	⭐️ 5 (233)	Profile

Operating Expenses

Monthly Expenses

$1,526

Annual Expenses

$18,308

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$997

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$297

Management & Platform Fees

$89

Platform Fee (i.e. Airbnb)

$89

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$952

Annual Mortgage & Tax

$11,424

Downpayment

Purchase Price

$169,400

Percent Down

20%

Total Downpayment

$33,880

Total Loan Amount

$135,520

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$813

Property Tax Yearly

0.99%

Property Tax Monthly

$140

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

3,600 sqft

Year built:

1957

Size:

960 sqft

Type:

SFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
7114 W 64th St	3	1	984	-	3,420	1962	$405,000	787
6948 W 63rd Pl	3	2	984	-	3,210	1960	$300,000	54
6016 S Moody Ave	3	1	960	-	3,750	1953	$340,000	33
6534 W 64th Pl	3	1	1,044	-	3,750	1960	$250,000	-
6442 W 64th St	3	2	1,312	-	3,600	1983	$375,000	-
6344 W 64th St	3	1	1,104	-	3,570	1959	$242,000	-
5739 S Merrimac Ave	2	1	899	-	5,000	1954	$185,000	-
6316 W 63rd Pl	3	1	1,020	-	2,925	1962	$300,000	31
6014 W 64th St	3	1	1,152	-	4,696	1960	$324,000	69
6901 W 64th St	2	3	1,100	-	4,185	1960	$323,000	34

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 3,600 sqft

Building area: 960 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 19-19-205-031

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $22,000

County Est. Land Value: $45,000

Assessed Land Value: $4,500

County Est. Structure Value: $175,000

Market Estimate: $331,304

Sale history

Date	Sale Price	% Financed	Buyer
03/29/21	$0	0%	Bradley Gelushia
07/03/07	$0	0%	Trust 18348

Ownership

Name: James Smith

Owner Occupied: Yes

Owner Mailing Address: 6634 W 64th St, Chicago, Il 60638

Years Owned: 205

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

High School: Hancock College Preparatory High School with 9/10 star rating

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

$8,040

Deductible property tax

$1,677

Est. Depreciation Value

$65,691

Profit on this property

$17,292

Your total deduction

$58,116

So, your new taxable income is your previous income minus your total deduction ($150,000 - $58,116)

$91,884

Your old tax bill

$45,000

Your new tax bill

$27,565

Estimated tax savings

$17,435

6634 W 64th Pl Chicago, Illinois, 60638

3 bed • 1 bath • 9 guests

Purchase Price

Est. $813/mo

Inquire about this property

Contact Test

Agent at BNB

$169,400

Zestimate

$35,600

Annual Revenue

BNBCalc predicts this property will get $186 per night with 59% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

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

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

12.42%

Cap Rate

10.2%

Return on Investment

26.71%

15 Long Term Rental Comparables

This property's projected long-term rent from Rentrange™ is $2,020/mo ($24,240/yr) and $-/mo from Zillow. Projected vacancy is -% and rent growth is $-/yr. View comparable long-term rentals below ranging from $1,760 to $2,270.

Name	Listed Rent	Sqft	Type	Beds	Baths	Listed on	Similarity	Distance
6551 W 63rd St	$1,950	1000	Single Family	3	1	6/18	99.6%	0.18 mi
5830 S Moody Ave	$2,495	1100	Single Family	3	1	8/7	97.6%	0.97 mi
5640 S Narragansett Ave	$1,850	1400	Apartment	3	1	5/6	97.4%	1.02 mi
7517 W 63rd Pl	$1,900	985	Multi-Family	3	1	3/25	97.2%	1.11 mi
7119 W 72nd St	$2,300	1200	Single Family	3	1	7/8	97.2%	1.15 mi

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

$8,040

Deductible property tax

$1,677

Your total deduction

$13,835

Your adjusted annual income

$150,000 - $13,835 = $136,165

Taxes on $136,165 (30%)

$40,850

Your old tax bill

$45,000

Your new tax bill

$40,850

Estimated tax savings

$4,150

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:

3,600 sqft

Year built:

1957

Size:

960 sqft

Type:

SFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
7114 W 64th St	3	1	984	-	3,420	1962	$405,000	787
6948 W 63rd Pl	3	2	984	-	3,210	1960	$300,000	54
6016 S Moody Ave	3	1	960	-	3,750	1953	$340,000	33
6534 W 64th Pl	3	1	1,044	-	3,750	1960	$250,000	-
6442 W 64th St	3	2	1,312	-	3,600	1983	$375,000	-
6344 W 64th St	3	1	1,104	-	3,570	1959	$242,000	-
5739 S Merrimac Ave	2	1	899	-	5,000	1954	$185,000	-
6316 W 63rd Pl	3	1	1,020	-	2,925	1962	$300,000	31
6014 W 64th St	3	1	1,152	-	4,696	1960	$324,000	69
6901 W 64th St	2	3	1,100	-	4,185	1960	$323,000	34

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 3,600 sqft

Building area: 960 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square feet: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 19-19-205-031

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $22,000

County Est. Land Value: $45,000

Assessed Land Value: $4,500

County Est. Structure Value: $175,000

Market Estimate: $331,304

Sale history

Date	Sale Price	% Financed	Buyer
03/29/21	$0	0%	Bradley Gelushia
07/03/07	$0	0%	Trust 18348

Ownership

Name: James Smith

Owner Occupied: Yes

Owner Mailing Address: 6634 W 64th St, Chicago, Il 60638

Years Owned: 205

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

High School: Hancock College Preparatory High School with 9/10 star rating