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BNBCalc Short Term Rental Investment Analysis 1075 Howe Cir, Salinas, CA, 93907

2 bed • 1 bath • 3 guests • $500,000

BNB

Calc

Report by:

Chad Phillis

Chad Phillis / Founder & Owner at Checkmate Rentals

+17245847822

chad@checkmaterentals.com

https://www.checkmaterentals.com/

Annual Revenue

$57,270

Profit (Cash Flow)

$2,417

Cap Rate

7.2%

Annual Revenue

$57,270

AirDNA projects $224/night at 53% occupancy ($43,361). Airbtics projects $343/night at 66% occupancy ($82,683). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 70% occupancy rate, $224 rate per night.

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

Percentiles25%50%75%90%
Revenue$47,047$80,250$123,315$181,327
Occupancy52%67%81%92%
Nightly Rate$241$319$404$524

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Casa el Colibrí: 2 bedroom home close to downtown

No image available

$41,112
$168
63%
221$125❌❌❌N / Y⭐️ 5 (97)
Art Deco meets Mid Century Modern

No image available

$92,984
$369
68%
222$75❌❌❌Y / Y⭐️ 5 (71)
Charming 2BR Cottage near MRY + 4 Aquarium passes

No image available

$66,568
$235
75%
222$99❌❌✅Y / Y⭐️ 4.8 (187)
Cheerful 2-bedroom home with indoor fireplace.

No image available

$54,875
$230
64%
222$200✅❌❌Y / Y⭐️ 5 (84)
Modern Coastal Bungalow

No image available

$57,354
$200
72%
222$155❌❌✅N / Y⭐️ 4.8 (153)
Marina Beach retreat near Monterey

No image available

$41,628
$248
44%
221$130❌❌❌Y / Y⭐️ 4.9 (606)
Monterey Bay Sanctuary Beach resort

No image available

$110,761
$318
93%
221$126✅✅❌Y / Y⭐️ 5 (75)
Home away from Home

No image available

$44,681
$132
90%
221$100❌❌❌Y / Y⭐️ 4.7 (578)
Family-Friendly Monterey Aquarium incl free passes

No image available

$46,023
$240
50%
222$160❌❌❌Y / Y⭐️ 5 (112)
Seclusion Oasis - Near Monterey Beaches & Aquarium

No image available

$58,696
$173
87%
222$135❌❌✅Y / Y⭐️ 4.8 (87)
Seaside stay 1

No image available

$35,019
$233
38%
222$200❌❌❌Y / Y⭐️ 4.7 (62)
Beachfront Condo w/ Monterey Bay Views!

No image available

$73,418
$317
56%
222$206❌❌❌Y / Y⭐️ 4.8 (93)
Beautiful 2 bedroom beach and Pajaro River view

No image available

$49,083
$230
57%
221$100❌❌❌Y / Y⭐️ 5 (4)
One of a kind full River and Ocean view!

No image available

$76,903
$314
66%
222$75❌❌❌Y / Y⭐️ 4.9 (203)
3743 Pelican Peaks ~ Walk to the Aquarium, the Bea

No image available

$212,036
$626
90%
221$486❌❌✅Y / Y⭐️ 4.9 (45)
Jewell Cottage 2 Bedroom Suite - Seven Gables Inn

No image available

$174,758
$519
92%
221$0❌❌❌N / Y⭐️ 4.9 (55)
Charming Victorian Home Near Beach

No image available

$104,218
$494
57%
223$145❌❌❌Y / Y⭐️ 5 (218)
Beach Cottage - walk to ocean and restaurants

No image available

$107,313
$407
71%
223$155❌❌❌Y / Y⭐️ 5 (160)
Sallie’s Cottage

No image available

$113,176
$321
95%
222$120❌❌❌Y / Y⭐️ 5 (430)
La Piccola Casa "The Little House" Lic. # 0446

No image available

$103,143
$368
76%
222$195❌❌❌Y / Y⭐️ 5 (187)
Three Mermaid’s Cove Modern Penthouse at the Beach

No image available

$62,864
$370
45%
221$275❌❌❌Y / Y⭐️ 4.8 (196)
Shorebirds 199

No image available

$73,897
$380
52%
221$225❌❌❌Y / Y⭐️ 4.7 (63)
Magical & Romantic Beachfront Home at Pajaro Dunes

No image available

$100,369
$296
92%
222$175❌❌❌Y / Y⭐️ 5 (375)
Shorebirds 175

No image available

$68,760
$344
53%
221$225❌❌❌Y / Y⭐️ 4.6 (18)
A Total "Distanced" Coastal Experience!

No image available

$86,591
$315
72%
222$199❌❌❌Y / Y⭐️ 5 (427)
Now and Zen - Tranquility (Luxury Rental)

No image available

$84,447
$420
52%
222$250❌❌❌Y / Y⭐️ 4.9 (204)
Charming Carmel Cottage - Close to Downtown!

No image available

$144,711
$457
84%
222$300❌❌✅Y / Y⭐️ 5 (91)
3891 Robert R Jones House - Classic Mid-Century Ho

No image available

$159,036
$574
72%
224$486❌❌❌Y / Y⭐️ 4.8 (13)
Family Cottage (No Pets Allowed) - 30 night Min

No image available

$55,061
$321
46%
221$35❌❌❌Y / Y⭐️ 3.6 (3)
Ocean Views Forever 44

No image available

$117,062
$501
62%
233$375❌✅❌Y / Y⭐️ 4.8 (111)
*Country Cottage 2

No image available

$36,046
$276
35%
221$30❌❌❌Y / Y⭐️ 5 (40)
Entire place sleeps 4 with 2 aquarium passes

No image available

$39,481
$162
65%
212$39❌❌✅N / Y⭐️ 4.8 (304)
Adorable Sea House

No image available

$189,185
$639
79%
223$200❌❌❌Y / Y⭐️ 5 (237)
Spectacular Award Winning Ocean Front 2 Bed 2 Bath

No image available

$214,586
$612
94%
222$200❌❌❌Y / Y⭐️ 5 (301)
Lover's Point 6

No image available

$118,801
$364
87%
222$240❌❌❌Y / Y⭐️ 4.9 (20)
Beach Condo Shorebirds 55

No image available

$38,135
$242
41%
221$225❌❌❌Y / Y⭐️ 4.5 (39)
2B/2B Pajaro Dunes with Dunes and Ocean View

No image available

$69,102
$265
70%
222$150❌❌❌Y / Y⭐️ 5 (285)
3893 Sweet Seventeenth - Walk to Restaurants, Shop

No image available

$96,836
$290
81%
221$567❌❌✅Y / Y⭐️ 4.8 (19)
Oceanfront Retreat with epic sunsets steps to sand

No image available

$61,543
$357
45%
222$195❌❌❌Y / Y⭐️ 4.9 (88)
Shorebirds 187

No image available

$63,792
$404
41%
221$225❌❌❌Y / Y⭐️ 4.9 (58)

Return Metrics

1.99% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$2,416$4,833$7,250$9,666$12,083$24,167$72,501
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$400,000$400,000$400,000$400,000$400,000$400,000$400,000
Down Payment$100,000$100,000$100,000$100,000$100,000$100,000$100,000
Property Appreciation$15,000$30,450$46,363$62,754$79,637$171,958$713,631
Total Return$517,416$535,283$553,613$572,421$591,720$696,125$1,286,132

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

1.99%

Cap Rate

7.22%

Return on Investment

18.41%

property-location

1075 Howe Cir Salinas, California, 93907

2 bed • 1 bath • 3 guests

Est. $2,398/mo

Agent

Inquire about this property

Contact Chad

Chad Phillis / Founder & Owner at Checkmate Rentals

Salinas

Zoning


Laws

27

Airbnb Investor Score

$2,416

Annual Profit

7.2%

Cap Rate

2.0%

Cash on Cash

$57,270

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $224/night at 53% occupancy.Projected nightly rate is $343/night at 66% occupancy.

Top 46% of comparables

Top 86% of comparables


Seasonality

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40

Airbnb Comparables

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

$88,601

Avg annual revenue

66%

Avg occupancy rate

$343

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

$35k

$95k

$150k

$215k

Sign up to see the data on 40 all comparables

$2,417

Profit

Revenue

$57,270

Operating Expenses

$21,125

Operating Income

$36,145

Mortgage & Taxes

$33,728

Profit (Cash Flow)

$2,417

$121,250

Cash Investment

Down Payment

$100,000

Renos & Furnishing

$6,250

Closing Costs

$15,000

Total

$121,250

DSCR Ratio

Acceptable

1.07

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

1.99%

Cap Rate

7.22%

Profit (Cummulative)

$2,417

$400,000

$6,250

$15,000

$0

Total Gain

$22,329

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

$23,731

Deductible property tax

$4,950

Your total deduction

$47,980

Your adjusted annual income

$150,000 - $47,980 = $102,020


Taxes on $102,020 (30%)

$30,606

Your old tax bill

$45,000

Your new tax bill

$30,606


Estimated tax savings

$14,394

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com