BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Rental Arbitrage Analysis 1004 Wave Road, Chapel Hill, NC

2 bed • 1 bath • 6 guests • $0

BNB

Calc

Annual Revenue

$32,624

Profit (Cash Flow)

-$10,017

Cash on Cash Return

-157.8%

Annual Revenue

$32,624

AirDNA projects $116/night at 77% occupancy ($32,623). Airbtics projects $155/night at 65% occupancy ($36,798). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 77% occupancy rate, $116 rate per night.

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

Percentiles25%50%75%90%
Revenue$23,659$36,071$54,671$70,507
Occupancy51%65%82%89%
Nightly Rate$123$147$177$210

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Anna Belle's Retreat - Anna (side A)

No image available

$37,094
$131
75%
222$125❌❌❌Y / Y⭐️ 5 (68)
Escape to nature, minutes from Chapel Hill

No image available

$77,350
$237
86%
222$150❌❌✅Y / Y⭐️ 5 (121)
Amaryllis - urban gem near UNC, farmers market

No image available

$42,592
$126
89%
222$101❌❌❌Y / Y⭐️ 5 (73)
Anna Belle's Retreat - Belle (Side B)

No image available

$38,559
$133
76%
222$125❌❌❌Y / Y⭐️ 5 (89)
Newly Furnished & Painted - UNC Zen Vacation Home

No image available

$17,578
$124
35%
2330$155✅❌✅Y / Y⭐️ 4.8 (91)
Fully Renovated 2 bdrm/2.5ba near UNC & Weaver St!

No image available

$13,709
$89
36%
231$165✅❌✅Y / Y⭐️ 4.7 (23)
Vintage 4BD Loft | Long Term Stays | Gym

No image available

$25,573
$137
51%
222$0✅❌✅Y / Y⭐️ 4.9 (18)
Private UNC Townhome with Parking & 2 Bedrooms

No image available

$15,353
$86
45%
2330$155✅❌✅Y / Y⭐️ 4.8 (118)
The Dragonfly

No image available

$44,158
$129
83%
231$150❌❌❌Y / Y⭐️ 5 (79)
The Cozy Bungalow - Noted Historic Home near UNC!

No image available

$25,973
$91
73%
212$75❌❌❌Y / Y⭐️ 4.8 (252)
2 King Beds With 2 EnSuite Bathrooms - Long Stays

No image available

$40,597
$188
59%
221$0❌❌❌Y / Y⭐️ 4.8 (56)
Nature Nook | 5 Min to UNC & Franklin St | Gym

No image available

$31,706
$175
47%
222$150✅❌✅Y / Y⭐️ 4.5 (9)
Townhouse on the Prairie

No image available

$55,506
$284
52%
231$155❌❌✅Y / Y⭐️ 4.7 (3)
Serene 4BD 2BA | 5 min UNC | On-Site Gym

No image available

$27,741
$175
41%
222$100✅❌✅Y / Y⭐️ 4.7 (8)
In Town Carrboro Cutie!

No image available

$36,971
$116
85%
227$100❌❌✅Y / Y⭐️ 4.8 (43)
Nature Lover's Paradise – Private 2 Bedroom Apt

No image available

$32,339
$96
89%
212$75❌❌✅Y / Y⭐️ 4.9 (110)
2 King Size Beds With Two EnSuite Bathrooms

No image available

$45,458
$207
60%
221$0❌❌❌Y / Y⭐️ 4.8 (81)
Cozy Condo in Heart of Downtown with Roof Lounge

No image available

$72,908
$238
83%
221$45❌❌❌Y / Y⭐️ 4.8 (247)
Grandma’s House

No image available

$27,866
$86
82%
211$50❌❌✅N / Y⭐️ 4.9 (327)
Clean & Affordable - Long Stays Accepted

No image available

$47,730
$189
69%
211$0❌❌❌Y / Y⭐️ 4.8 (135)
The Scout House

No image available

$28,023
$139
54%
216$70❌❌❌Y / Y⭐️ 5 (154)
Stylish & Spacious ★ Pets OK ★ Monthly Townhome

No image available

$31,745
$175
47%
2330$155✅❌✅Y / Y⭐️ 4.8 (57)
UNC, Carolina Inn, Franklin St - All a short walk!

No image available

$44,342
$162
73%
212$58❌❌❌Y / Y⭐️ 5 (166)
Lounge at a Fresh Mill House in Walkable Downtown Carrboro

No image available

$39,650
$122
88%
212$70❌❌❌Y / Y⭐️ 5 (378)
Carrboro Hideaway

No image available

$33,120
$115
73%
215$165❌❌❌Y / Y⭐️ 5 (23)
A Dogwood Vacation. Walk to Southern Village

No image available

$34,792
$98
97%
212$0❌❌❌Y / Y⭐️ 5 (85)
★Monthly UNC Vacation Home★ Spacious & Cozy

No image available

$18,764
$83
53%
2330$155✅❌✅Y / Y⭐️ 4.5 (108)
Spacious & Charming ★ UNC Home ★ Monthly Townhome

No image available

$44,720
$174
67%
2330$300✅❌✅Y / Y⭐️ 4.8 (40)
Amazing 2 Bdrm Townhome 5 min to UNC!

No image available

$29,841
$176
45%
231$165❌❌✅Y / Y⭐️ 4.5 (7)
2 King Size Beds With Clean & Comfortable Space

No image available

$40,186
$183
60%
211$0❌❌❌Y / Y⭐️ 4.8 (42)
Delightful 4BD | WFH Friendly | 5 min Franklin St

No image available

$35,462
$174
51%
222$150✅❌✅Y / Y⭐️ 4.8 (7)
Downtown Carrboro Walking Distance 2-Bedroom House

No image available

$28,169
$134
56%
212$75❌❌❌Y / Y⭐️ 4.7 (176)
Downtown Cottage

No image available

$30,875
$125
66%
213$50❌❌✅Y / Y⭐️ 4.7 (257)
Quiet Haven 2BDR 2BA | Free Gym & Shuttle to UNC

No image available

$44,919
$176
65%
2214$150✅❌✅Y / Y⭐️ 5 (1)
Clean & Cozy - 50% Off Long Stays

No image available

$30,472
$181
46%
211$0❌❌❌Y / Y⭐️ 4.8 (101)
2 King Beds Clean & Comfortable

No image available

$68,416
$279
67%
211$0❌❌❌Y / Y⭐️ 4.8 (160)
Entire House In Quiet Neighborhood!

No image available

$59,181
$165
98%
222$0❌❌❌Y / Y⭐️ 5 (57)
Charming 4BD Apartment | Free Gym & Shuttle to UNC

No image available

$26,877
$153
48%
222$0✅❌❌Y / Y⭐️ 0 (0)
Clean & Relaxed - Longer Reservations Accepted

No image available

$41,108
$208
54%
211$0❌❌❌Y / Y⭐️ 4.7 (122)
Cozy Forest Cottage

No image available

$48,912
$141
92%
211$60❌❌✅Y / Y⭐️ 5 (223)

Return Metrics

-157.75% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$10,017-$20,034-$30,052-$40,069-$50,087-$100,174-$300,524
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return-$10,017-$20,034-$30,052-$40,069-$50,087-$100,174-$300,524

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-157.75%

Payback Period Days

0

Return on Investment

-157.75%

property-location

1004 Wave Rd Chapel Hill, North Carolina, 27517

2 bed • 1 bath • 6 guests

Agent

Inquire about this property

Contact Agent

$5,314

Zestimate

$32,624

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
AirDNA projects $116/night at 77% occupancy ($32,623.59). Airbtics projects $155/night at 65% occupancy ($36,798).

Top 28% of comparables

Top 78% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$37,908

Avg annual revenue

65%

Avg occupancy rate

$155

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

$35k

$55k

$80k

Sign up to see the data on 40 all comparables

-$10,017

Profit

Revenue

$32,624

Operating Expenses

$16,241

Operating Income

$16,383

Net Effective Rent

$26,400

Profit (Cash Flow)

-$10,017

$6,350

Cash Investment

Renos & Furnishing

$6,250

Setup Costs

$100

Total

$6,350

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

-157.75%

Payback Period Days

0