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}

Percentiles	25%	50%	75%	90%
Revenue	$47,047	$80,250	$123,315	$181,327
Occupancy	52%	67%	81%	92%
Nightly Rate	$241	$319	$404	$524

Seasonality (Profit by Month)

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	$41,112	$168	63%	2	2	1	$125	❌	❌	❌	N / Y	⭐️ 5 (97)
Art Deco meets Mid Century Modern	$92,984	$369	68%	2	2	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (71)
Charming 2BR Cottage near MRY + 4 Aquarium passes	$66,568	$235	75%	2	2	2	$99	❌	❌	✅	Y / Y	⭐️ 4.8 (187)
Cheerful 2-bedroom home with indoor fireplace.	$54,875	$230	64%	2	2	2	$200	✅	❌	❌	Y / Y	⭐️ 5 (84)
Modern Coastal Bungalow	$57,354	$200	72%	2	2	2	$155	❌	❌	✅	N / Y	⭐️ 4.8 (153)
Marina Beach retreat near Monterey	$41,628	$248	44%	2	2	1	$130	❌	❌	❌	Y / Y	⭐️ 4.9 (606)
Monterey Bay Sanctuary Beach resort	$110,761	$318	93%	2	2	1	$126	✅	✅	❌	Y / Y	⭐️ 5 (75)
Home away from Home	$44,681	$132	90%	2	2	1	$100	❌	❌	❌	Y / Y	⭐️ 4.7 (578)
Family-Friendly Monterey Aquarium incl free passes	$46,023	$240	50%	2	2	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (112)
Seclusion Oasis - Near Monterey Beaches & Aquarium	$58,696	$173	87%	2	2	2	$135	❌	❌	✅	Y / Y	⭐️ 4.8 (87)
Seaside stay 1	$35,019	$233	38%	2	2	2	$200	❌	❌	❌	Y / Y	⭐️ 4.7 (62)
Beachfront Condo w/ Monterey Bay Views!	$73,418	$317	56%	2	2	2	$206	❌	❌	❌	Y / Y	⭐️ 4.8 (93)
Beautiful 2 bedroom beach and Pajaro River view	$49,083	$230	57%	2	2	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (4)
One of a kind full River and Ocean view!	$76,903	$314	66%	2	2	2	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (203)
3743 Pelican Peaks ~ Walk to the Aquarium, the Bea	$212,036	$626	90%	2	2	1	$486	❌	❌	✅	Y / Y	⭐️ 4.9 (45)
Jewell Cottage 2 Bedroom Suite - Seven Gables Inn	$174,758	$519	92%	2	2	1	$0	❌	❌	❌	N / Y	⭐️ 4.9 (55)
Charming Victorian Home Near Beach	$104,218	$494	57%	2	2	3	$145	❌	❌	❌	Y / Y	⭐️ 5 (218)
Beach Cottage - walk to ocean and restaurants	$107,313	$407	71%	2	2	3	$155	❌	❌	❌	Y / Y	⭐️ 5 (160)
Sallie’s Cottage	$113,176	$321	95%	2	2	2	$120	❌	❌	❌	Y / Y	⭐️ 5 (430)
La Piccola Casa "The Little House" Lic. # 0446	$103,143	$368	76%	2	2	2	$195	❌	❌	❌	Y / Y	⭐️ 5 (187)
Three Mermaid’s Cove Modern Penthouse at the Beach	$62,864	$370	45%	2	2	1	$275	❌	❌	❌	Y / Y	⭐️ 4.8 (196)
Shorebirds 199	$73,897	$380	52%	2	2	1	$225	❌	❌	❌	Y / Y	⭐️ 4.7 (63)
Magical & Romantic Beachfront Home at Pajaro Dunes	$100,369	$296	92%	2	2	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (375)
Shorebirds 175	$68,760	$344	53%	2	2	1	$225	❌	❌	❌	Y / Y	⭐️ 4.6 (18)
A Total "Distanced" Coastal Experience!	$86,591	$315	72%	2	2	2	$199	❌	❌	❌	Y / Y	⭐️ 5 (427)
Now and Zen - Tranquility (Luxury Rental)	$84,447	$420	52%	2	2	2	$250	❌	❌	❌	Y / Y	⭐️ 4.9 (204)
Charming Carmel Cottage - Close to Downtown!	$144,711	$457	84%	2	2	2	$300	❌	❌	✅	Y / Y	⭐️ 5 (91)
3891 Robert R Jones House - Classic Mid-Century Ho	$159,036	$574	72%	2	2	4	$486	❌	❌	❌	Y / Y	⭐️ 4.8 (13)
Family Cottage (No Pets Allowed) - 30 night Min	$55,061	$321	46%	2	2	1	$35	❌	❌	❌	Y / Y	⭐️ 3.6 (3)
Ocean Views Forever 44	$117,062	$501	62%	2	3	3	$375	❌	✅	❌	Y / Y	⭐️ 4.8 (111)
*Country Cottage 2	$36,046	$276	35%	2	2	1	$30	❌	❌	❌	Y / Y	⭐️ 5 (40)
Entire place sleeps 4 with 2 aquarium passes	$39,481	$162	65%	2	1	2	$39	❌	❌	✅	N / Y	⭐️ 4.8 (304)
Adorable Sea House	$189,185	$639	79%	2	2	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (237)
Spectacular Award Winning Ocean Front 2 Bed 2 Bath	$214,586	$612	94%	2	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (301)
Lover's Point 6	$118,801	$364	87%	2	2	2	$240	❌	❌	❌	Y / Y	⭐️ 4.9 (20)
Beach Condo Shorebirds 55	$38,135	$242	41%	2	2	1	$225	❌	❌	❌	Y / Y	⭐️ 4.5 (39)
2B/2B Pajaro Dunes with Dunes and Ocean View	$69,102	$265	70%	2	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (285)
3893 Sweet Seventeenth - Walk to Restaurants, Shop	$96,836	$290	81%	2	2	1	$567	❌	❌	✅	Y / Y	⭐️ 4.8 (19)
Oceanfront Retreat with epic sunsets steps to sand	$61,543	$357	45%	2	2	2	$195	❌	❌	❌	Y / Y	⭐️ 4.9 (88)
Shorebirds 187	$63,792	$404	41%	2	2	1	$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

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
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:

Revenue Appreciation:

Cash on Cash Return

1.99%

Cap Rate

7.22%

Return on Investment

18.41%

1075 Howe Cir Salinas, California, 93907

2 bed • 1 bath • 3 guests

Purchase Price

Est. $2,398/mo

Inquire about this property

Contact Chad

Chad Phillis / Founder & Owner at Checkmate Rentals

Salinas

Zoning

Laws

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.

Occupancy Rate

Top 46% of comparables

Avg Daily Rate

Top 86% of comparables

Seasonality

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

$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

Revenue Appreciation

Cash on Cash Return

1.99%

Cap Rate

7.22%

Return on Investment

18.41%

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