BNBCalc Short Term Rental Investment Analysis 103 Noel Cove Cir, Hermitage, TN 37076

3 bed • 2 bath • 9 guests • $300,000

BNB

Calc

Annual Revenue

$43,632

Profit (Cash Flow)

$4,043

Cap Rate

8.1%

Annual Revenue

$43,632

AirDNA projects $181/night at 66% occupancy ($43,632). Airbtics projects $206/night at 42% occupancy ($31,600). Airbtics predicts this property will perform in the 42% revenue percentile

BNB Calc projects a 66% occupancy rate, $181 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$24,289	$35,788	$44,930	$53,321
Occupancy	33%	42%	52%	58%
Nightly Rate	$192	$212	$219	$231

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Family Home Near Downtown + Airport \| Free Parking	$40,053	$222	43%	3	4	2	$199	❌	❌	✅	Y / Y	⭐️ 4.8 (22)
Music City Getaway \| 3 suites \| 15 min to downtown	$30,343	$209	35%	3	4	2	$200	❌	❌	❌	Y / Y	⭐️ 4.6 (37)
C10 / Luxury only 15 min to Broadway / Near BNA	$39,527	$212	41%	3	4	3	$270	❌	❌	❌	Y / Y	⭐️ 4.8 (23)
C9 / Luxury Townhome / 12 mi to Downtown Broadway	$32,069	$219	31%	3	4	3	$270	❌	❌	❌	Y / Y	⭐️ 4.8 (13)
C11 / Posh Townhome 15 Min Downtown ~ Free to Park	$32,987	$219	33%	3	4	3	$270	❌	❌	❌	Y / Y	⭐️ 5 (17)
Sleep 8 On Central! Contemporary Centrally located	$58,503	$314	46%	3	4	3	$250	❌	❌	❌	Y / Y	⭐️ 4.9 (32)
Hermitage Hideaway \| 5min2 Lake Shopping WaterPark	$30,567	$144	58%	3	4	1	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (7)
"Blues Alley #9" Sleep 9-15 min to Downtown	$39,804	$187	55%	3	4	1	$295	❌	❌	❌	Y / Y	⭐️ 4.7 (7)
Escape on Central Pike \| 20 mins from DT	$28,593	$124	63%	3	4	2	$0	❌	❌	❌	Y / Y	⭐️ 3.9 (9)

Return Metrics

5.21% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$4,042	$8,085	$12,128	$16,171	$20,214	$40,428	$121,284
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$240,000	$240,000	$240,000	$240,000	$240,000	$240,000	$240,000
Down Payment	$60,000	$60,000	$60,000	$60,000	$60,000	$60,000	$60,000
Property Appreciation	$9,000	$18,270	$27,818	$37,652	$47,782	$103,174	$428,178
Total Return	$313,042	$326,355	$339,946	$353,823	$367,996	$443,603	$849,463

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

5.21%

Cap Rate

8.09%

Return on Investment

20.63%

103 Noel Cove Cir Hermitage, TN, 37076

3 bed • 2 bath • 9 guests

Purchase Price

Est. $1,439/mo

This property is for sale!

Contact Agent

Airbnb Investor Score

$4,042

Annual Profit

8.1%

Cap Rate

5.2%

Cash on Cash

$43,632

Annual Revenue

This property is projected to be in the top 42% revenue percentile compared to similar properties nearby.
Projected nightly rate is $181/night at 66% occupancy.Projected nightly rate is $206/night at 42% occupancy.

Occupancy Rate

Top 1% of comparables

Avg Daily Rate

Top 71% of comparables

Seasonality

10 Airbnb Comparables

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

$35,150

Avg annual revenue

42%

Avg occupancy rate

$206

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

$20k

$30k

$45k

$60k

$4,043

Profit

Revenue

$43,632

Operating Expenses

$19,352

Operating Income

$24,280

Mortgage & Taxes

$20,237

Profit (Cash Flow)

$4,043

$77,500

Cash Investment

Down Payment

$60,000

Renos & Furnishing

$8,500

Closing Costs

$9,000

Total

$77,500

DSCR Ratio

Acceptable

1.20

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

5.21%

Cap Rate

8.09%

Return on Investment

20.63%

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

$14,238

Deductible property tax

$2,970

Your total deduction

$26,851

Your adjusted annual income

$150,000 - $26,851 = $123,149

Taxes on $123,149 (30%)

$36,945

Your old tax bill

$45,000

Your new tax bill

$36,945

Estimated tax savings

$8,055

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:

Year built:

Size:

Type:

CONDO

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: CONDO

Stories: -

Lot size: -

Building area: -

Garage: Yes

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

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: -