BNBCalc Short Term Rental Investment Analysis 104 Fletcher Way, Destin, FL 32541

3 bed • 2 bath • 9 guests • $647,000

BNB

Calc

Annual Revenue

$101,260

Profit (Cash Flow)

$30,772

Cap Rate

11.5%

Annual Revenue

$101,260

AirDNA projects $478/night at 58% occupancy ($101,260). Airbtics projects $328/night at 57% occupancy ($68,286). Airbtics predicts this property will perform in the 43% revenue percentile

BNB Calc projects a 57.99999999999999% occupancy rate, $478 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$54,794	$67,520	$95,514	$153,957
Occupancy	53%	58%	61%	79%
Nightly Rate	$265	$292	$390	$501

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Destin Harbor Heaven	$66,195	$281	60%	3	3	3	$275	✅	❌	❌	Y / Y	⭐️ 5 (30)
Spectacular-EmeraldGrande-3BR-CrabIsland-Gulf-Pool	$86,791	$406	52%	3	3	2	$300	✅	❌	❌	Y / Y	⭐️ 4.7 (47)
Gulf View Destin Condo with Resort Pool & Spa!	$153,016	$498	78%	3	3	2	$227	✅	✅	❌	Y / Y	⭐️ 4.7 (44)
East Pass Towers 504,Spacious! 2 Living Area, My A	$132,070	$537	62%	3	3	2	$493	✅	✅	❌	Y / Y	⭐️ 5 (35)
DESTIN BOARDWALK - WE ARE DESTIN CENTRAL	$60,300	$262	58%	3	3	5	$249	✅	❌	❌	Y / Y	⭐️ 4.8 (15)
3BR condo Emerald Grande Harbor Walk (crab island)	$82,047	$342	58%	3	3	2	$325	✅	✅	❌	Y / Y	⭐️ 5 (34)
Crab Island Views-HarborWalk-Emerald Grande W728	$67,148	$274	58%	3	3	2	$250	✅	✅	❌	Y / Y	⭐️ 4.5 (8)
Walk to Beach 3BR Bayview \| Balcony	$38,313	$217	41%	3	3	3	$288	❌	❌	❌	Y / Y	⭐️ 4.5 (31)
Gulf & Harbor Views-Hot Tub-3BR East Pass 601	$55,578	$163	89%	3	3	2	$250	✅	✅	❌	Y / Y	⭐️ 4.8 (9)

Return Metrics

19.56% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$30,771	$61,543	$92,315	$123,087	$153,859	$307,718	$923,154
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$517,600	$517,600	$517,600	$517,600	$517,600	$517,600	$517,600
Down Payment	$129,400	$129,400	$129,400	$129,400	$129,400	$129,400	$129,400
Property Appreciation	$19,410	$39,402	$59,994	$81,204	$103,050	$222,513	$923,438
Total Return	$697,181	$747,945	$799,309	$851,291	$903,909	$1,177,232	$2,493,593

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

19.56%

Cap Rate

11.5%

Return on Investment

35.94%

104 Fletcher Way Destin, FL, 32541

3 bed • 2 bath • 9 guests

Purchase Price

Est. $3,103/mo

This property is for sale!

Contact Agent

113

Airbnb Investor Score

$30,771

Annual Profit

11.5%

Cap Rate

19.6%

Cash on Cash

$101,260

Annual Revenue

This property is projected to be in the top 43% revenue percentile compared to similar properties nearby.
Projected nightly rate is $478/night at 58% occupancy.Projected nightly rate is $328/night at 57% occupancy.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 11% of comparables

Seasonality

10 Airbnb Comparables

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

$76,357

Avg annual revenue

57%

Avg occupancy rate

$328

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

$65k

$110k

$155k

$30,772

Profit

Revenue

$101,260

Operating Expenses

$26,844

Operating Income

$74,416

Mortgage & Taxes

$43,645

Profit (Cash Flow)

$30,772

$157,310

Cash Investment

Down Payment

$129,400

Renos & Furnishing

$8,500

Closing Costs

$19,410

Total

$157,310

DSCR Ratio

Strong

1.71

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

19.56%

Cap Rate

11.5%

Return on Investment

35.94%

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

$30,707

Deductible property tax

$6,405

Your total deduction

$34,498

Your adjusted annual income

$150,000 - $34,498 = $115,502

Taxes on $115,502 (30%)

$34,650

Your old tax bill

$45,000

Your new tax bill

$34,650

Estimated tax savings

$10,350

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:

LAND

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: LAND

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -