BNBCalc Short Term Rental Investment Analysis 101 Inlet Dr

3 bed • 2 bath • 12 guests • $483,420

BNB

Calc

Annual Revenue

$42,883

Profit (Cash Flow)

-$8,982

Cap Rate

4.9%

Annual Revenue

$42,883

AirDNA projects $296/night at 55% occupancy ($59,461). Airbtics projects $199/night at 59% occupancy ($42,883). Airbtics predicts this property will perform in the 43% revenue percentile

BNB Calc projects a 59% occupancy rate, $199 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$30,388	$47,767	$62,372	$81,720
Occupancy	54%	60%	68%	71%
Nightly Rate	$156	$177	$218	$313

Seasonality (Profit by Month)

Return Metrics

-7.5% 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)	-$8,981	-$17,963	-$26,944	-$35,926	-$44,907	-$89,815	-$269,445
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$4,749	$9,791	$15,144	$20,827	$26,861	$63,093	$386,736
Down Payment	$96,684	$96,684	$96,684	$96,684	$96,684	$96,684	$96,684
Property Appreciation	$14,502	$29,440	$44,826	$60,673	$76,996	$166,256	$689,967
Total Return	$106,954	$117,952	$129,709	$142,258	$155,633	$236,218	$903,941

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-7.5%

Cap Rate

4.88%

Return on Investment

8.58%

101 Inlet Dr Wilmington, NC, 28411

3 bed • 2 bath • 12 guests

Purchase Price

Est. $2,319/mo

This property is for sale!

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$42,883

Annual Revenue

BNBCalc predicts this property will get $199 per night with 59% occupancy, putting it in the top 43% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

-$8,982

Profit

Revenue

$42,883

Operating Expenses

$19,255

Operating Income

$23,628

Mortgage & Taxes

$32,610

Profit (Cash Flow)

-$8,982

$119,687

Cash Investment

Down Payment

$96,684

Renos & Furnishing

$8,500

Closing Costs

$14,503

Total

$119,687

DSCR Ratio

Weak

0.72

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-7.5%

Cap Rate

4.88%

Return on Investment

8.58%

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

$22,944

Deductible property tax

$4,786

Your total deduction

$63,323

Your adjusted annual income

$150,000 - $63,323 = $86,677

Taxes on $86,677 (30%)

$26,003

Your old tax bill

$45,000

Your new tax bill

$26,003

Estimated tax savings

$18,997

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:

24,394 sqft

Year built:

1976

Size:

2,128 sqft

Type:

SFR

Parking:

Heating:

HEAT PUMP

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
145 Lafayette St	4	3	2,354	-	22,651	1995	$495,000	42
103 Coppers Trl	3	2	1,888	-	19,646	1991	$525,000	55
112 Inlet Dr	3	3	2,028	-	21,170	2006	$447,000	-
136 La Salle St	3	2	2,227	-	20,299	1986	$475,000	-
105 Ebb Dr	3	3	2,288	-	20,430	1987	$459,000	59
217 Scottsdale Dr	4	3	2,322	-	19,863	1978	$480,000	96
2324 Scotts Hill Loop Rd	4	4	3,928	-	38,202	2021	$4,527,000	97
3735 Scotts Hill Loop Rd	3	3	2,278	-	32,322	1974	$390,000	-
250 High Tide Dr	4	2	1,976	-	42,515	1979	$585,000	-
132 Coppers Trl	3	2	1,930	-	25,091	1992	$390,000	-

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 1

Lot size: 24,394 sqft

Building area: 2,128 sqft

Garage: Yes

Heating: Heat pump

Pool: Yes

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: RP

Land Use: Residential

Parcel Number: 3280-09-4002-0000

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: $184,952

County Est. Land Value: $42,240

Assessed Land Value: $42,240

County Est. Structure Value: $142,712

Market Estimate: $483,420

Sale history

Date	Sale Price	% Financed	Buyer
07/19/05	$72,000	89%	Ronald D Taylor, Brenda B Taylor

Ownership

Name: Dorothea Richard Baran

Owner Occupied: No

Owner Mailing Address: 101 Inlet Dr, Wilmington, Nc 28411

Years Owned: 96

Home Equity: $223,400

Mortgage Balance Remaining: $64,800

Financed amount: 89%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No