BNBCalc.com Investment Analysis Report of 845 8th Ave Se, Forest Lake, MN, 55025

4 bed • 2 bath • 12 guests • $450,000

BNB

Calc

Return Metrics

16.9% 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

16.9%

Cap Rate

11.02%

Return on Investment

32.62%

Annual Revenue

$72,757

AirDNA projects $415/night at 48% occupancy ($72,756). Airbtics projects $366/night at 61% occupancy ($81,544). Airbtics predicts this property will perform in the 49% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$41,483$78,509$117,957$176,477
Occupancy49%62%72%78%
Nightly Rate$227$339$437$598

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Lake Home, Hot Tub, Sauna, Boat, Private Chef
$123,026
$471
65%
43102$295❌❌❌N / Y⭐️ 4.8 (55)Profile

B

Huge House/140 Miles of Groomed Snowmobile Trails
$169,932
$452
100%
43111$100✅❌❌N / Y⭐️ 5 (110)Profile

C

Modern 4 Bed/3 Bath LOG Cabin HOT TUB & SAUNA!
$72,588
$466
37%
43142$285❌✅❌N / Y⭐️ 4.8 (19)Profile

D

Minne-GetAway: North Shore Retreat
$31,812
$164
48%
42121$200❌❌❌N / Y⭐️ 4.8 (42)Profile

E

Beachfront Lake Home with Jacuzzi Hot Tub
$96,512
$417
62%
44102$185❌✅✅N / Y⭐️ 5 (62)Profile

Operating Expenses

Monthly Expenses

$1,928

Annual Expenses

$23,138

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,306

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$606

Management & Platform Fees

$182

Platform Fee (i.e. Airbnb)

$182

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$2,529

Annual Mortgage & Tax

$30,348

Downpayment

Purchase Price

$450,000

Percent Down

20%

Total Downpayment

$90,000

Total Loan Amount

$360,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$2,158

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$371

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

$21,357

Deductible property tax

$4,455

Est. Depreciation Value

$213,974

Profit on this property

$49,618

Your total deduction

$190,168

So, your new taxable income is your previous income minus your total deduction ($150,000 - $190,168)

-$40,168

Your old tax bill

$45,000

Your new tax bill

-$12,050

Estimated tax savings

$57,050

property-location

845 8th Ave SE Forest Lake, Minnesota, 55025

4 bed • 2 bath • 12 guests

Purchase Price

Est. $2,158/mo

Agent

Inquire about this property

Contact Agent

$700,500

Zestimate

102

Airbnb Investor Score

$19,270

Annual Profit

11.0%

Cap Rate

16.9%

Cash on Cash

$72,757

Annual Revenue

BNBCalc predicts this property will get $366 per night with 61% occupancy, putting it in the top 49% 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

16.9%

Cap Rate

11.02%

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

$21,357

Deductible property tax

$4,455

Your total deduction

$44,344

Your adjusted annual income

$150,000 - $44,344 = $105,656

Taxes on $105,656 (30%)

$31,697

Your old tax bill

$45,000

Your new tax bill

$31,697

Estimated tax savings

$13,303

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