BNBCalc Short Term Rental Investment Analysis 1112-2 Carolina Beach Ave N, Carolina Beach, NC, 28428

2 bed • 2 bath • 4 guests • $575,000

BNB

Calc

Annual Revenue

$38,351

Profit (Cash Flow)

$13,993

Cap Rate

3.4%

Annual Revenue

$38,351

AirDNA projects $241/night at 50% occupancy ($44,011). Airbtics projects $175/night at 60% occupancy ($38,350). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 60% occupancy rate, $175 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$25,153	$38,539	$52,046	$87,591
Occupancy	52%	61%	67%	75%
Nightly Rate	$126	$164	$202	$302

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
#3 Just a few steps from Ocean! Incredible Views!	$36,549	$151	56%	2	1	3	$200	❌	❌	✅	Y / Y	⭐️ 4.8 (91)
The House of Kai, 1 Block From The Beach	$49,402	$171	72%	2	1	1	$140	❌	❌	✅	Y / Y	⭐️ 4.9 (182)
#1 Beach Oasis w/ beach access on Carolina Beach!	$36,938	$138	64%	2	1	3	$200	❌	❌	✅	Y / Y	⭐️ 5 (59)
The Hulk Lower - Quaint 2br Oceanfront Duplex	$25,301	$125	51%	2	1	2	$275	❌	❌	✅	Y / Y	⭐️ 4.8 (31)
Family friendly townhouse, close to beach access!	$30,329	$128	63%	2	3	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (41)
Classic beach cottage with 2 min walk to beach	$38,124	$169	61%	2	1	2	$89	❌	❌	❌	Y / Y	⭐️ 5 (44)
Carolina Beach canal condo- from HGTV- King beds!	$32,585	$222	39%	2	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (73)
Stay Salty Villa PooL open 5/15 walk to beach	$35,448	$160	58%	2	3	1	$155	✅	❌	❌	Y / Y	⭐️ 5 (99)
#8 Harbor View! Private Beach Access New to Airbnb	$58,455	$331	45%	2	1	3	$185	❌	❌	✅	Y / Y	⭐️ 5 (24)
#5 Steps away from beach! 1 mile from CB Boardwalk	$66,286	$319	54%	2	1	3	$180	❌	❌	✅	Y / Y	⭐️ 4.8 (27)
The Sandcastle: Oceanfront w/ Panoramic Views	$26,099	$94	70%	2	2	1	$252	❌	❌	❌	Y / Y	⭐️ 4.7 (10)
Fin-tastic - Ocean Front - Carolina Beach	$30,410	$134	56%	2	2	1	$95	✅	❌	❌	Y / N	⭐️ 4.8 (112)
#9 Penthouse w/ 360 ocean & beach views in CB!	$64,884	$265	61%	2	2	3	$220	❌	❌	✅	Y / Y	⭐️ 5 (91)
Adorable condo with oceanfront balcony - C203	$54,980	$203	74%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 3.6 (3)
Oceanfront Condo Dog Friendly! Relax at the Reefs!	$46,026	$197	63%	2	2	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (119)
Steps from the beach! Spacious 2BR 2BA condo	$36,847	$133	74%	2	2	5	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (118)
Fully Renovated Beautiful Oceanfront 2 BR Condo	$33,544	$171	51%	2	2	2	$125	✅	❌	❌	Y / Y	⭐️ 4.9 (97)
Beach Please*. Only steps to the beach!	$23,299	$91	65%	2	2	2	$150	✅	❌	✅	Y / Y	⭐️ 5 (14)
"Villa Aurora " cottage, dog friendly, fenced yard	$49,132	$202	64%	2	1	3	$200	❌	❌	✅	Y / Y	⭐️ 4.9 (60)
Reefs IV 1D - Oceanfront Condo in Carolina Beach	$31,602	$227	27%	2	2	1	$238	✅	❌	❌	Y / Y	⭐️ 0 (2)
Swell Life ~ 1/2 Block to Beach \| Pool	$33,071	$127	66%	2	2	2	$140	✅	❌	✅	Y / Y	⭐️ 5 (84)
"Family Tides" Less than a Block to Waves for ALL!	$34,894	$100	85%	2	3	4	$245	❌	❌	❌	Y / Y	⭐️ 4.8 (33)
Tides 2 H2	$34,335	$177	53%	2	2	3	$0	✅	❌	❌	Y / Y	⭐️ 4.3 (10)
Hang Ten Hideaway Beach Condo w/Pool 6 person max	$19,120	$68	57%	2	2	2	$165	✅	❌	✅	Y / Y	⭐️ 4.7 (81)
Salt Life Half a block from the Beach	$25,880	$100	67%	2	2	1	$125	✅	❌	❌	Y / Y	⭐️ 4.9 (190)
Beachfront \| Ocean Sounds \| Steps to the beach!	$31,095	$139	57%	2	2	3	$175	❌	❌	❌	Y / Y	⭐️ 5 (84)
Souls in the sand, A Beachfront Condo	$33,313	$126	67%	2	2	1	$170	✅	❌	❌	Y / Y	⭐️ 4.8 (133)
Updated Condo, Steps from the beach, Dog Friendly	$31,350	$170	50%	2	2	2	$110	❌	❌	✅	Y / Y	⭐️ 4.8 (52)
Steps to Beach 2BR Oceanfront 1st-Floor	$18,483	$189	25%	2	2	3	$156	❌	❌	✅	Y / Y	⭐️ 4.5 (20)
Bikini Bottom	$28,539	$98	75%	2	2	3	$150	✅	❌	✅	Y / Y	⭐️ 5 (16)
Oceanfront condo! Dog friendly!	$81,984	$354	61%	2	2	2	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (116)
Oceanfront & Pet friendly! 🏖 The Seagulls Nest 🌊	$29,107	$130	58%	2	2	2	$125	❌	❌	✅	Y / Y	⭐️ 4.8 (176)
Snowbird Specials Oceanfront & cozy!	$38,762	$113	88%	2	2	2	$120	❌	❌	✅	Y / Y	⭐️ 4.9 (159)
Tides 2 E1	$33,781	$142	65%	2	2	3	$0	✅	✅	✅	Y / Y	⭐️ 4.3 (20)
#6 Sunset Harbor Views w/ Beach Access on CB!	$65,178	$330	51%	2	1	3	$180	❌	❌	✅	Y / Y	⭐️ 4.9 (16)
Oceanview Beach Retreat POOL OPEN-Many Updates	$31,658	$184	43%	2	2	1	$150	✅	❌	❌	Y / Y	⭐️ 5 (74)
Oceanfront Top Floor, Amazing Views, Pool	$36,257	$190	51%	2	2	3	$220	✅	❌	❌	Y / Y	⭐️ 4.5 (11)
Oceanfront, Saltwater Pool - Lovely Boho Condo	$36,110	$119	77%	2	2	2	$165	✅	❌	❌	Y / Y	⭐️ 5 (42)
A Whelk on the Beach-Lower Unit	$53,845	$230	61%	2	1	1	$149	❌	❌	✅	N / N	⭐️ 5 (9)
"Kopikabana" Bungalow Pet friendly/Private Pool	$96,947	$301	88%	2	1	5	$175	✅	❌	✅	Y / Y	⭐️ 4.8 (41)

Return Metrics

10.08% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$13,992	$27,985	$41,977	$55,970	$69,962	$139,925	$419,776
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$460,000	$460,000	$460,000	$460,000	$460,000	$460,000	$460,000
Down Payment	$115,000	$115,000	$115,000	$115,000	$115,000	$115,000	$115,000
Property Appreciation	$17,250	$35,017	$53,318	$72,167	$91,582	$197,751	$820,675
Total Return	$606,242	$638,002	$670,295	$703,137	$736,545	$912,677	$1,815,452

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

10.08%

Cap Rate

3.42%

Return on Investment

26.58%

1112-2 Carolina Beach Ave N Carolina Beach, North Carolina, 28428

2 bed • 2 bath • 4 guests

Purchase Price

Est. $2,758/mo

Inquire about this property

Contact Agent

$38,351

Annual Revenue

BNBCalc predicts this property will get $175 per night with 60% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 38% of comparables

Seasonality

40 Airbnb Comparables

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

$40,295

Avg annual revenue

61%

Avg occupancy rate

$180

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

$15k

$45k

$70k

$100k

$13,993

Profit

Revenue

$38,351

Operating Expenses

$18,666

Operating Income

$19,685

Mortgage & Taxes

$5,692

Profit (Cash Flow)

$13,993

$138,750

Cash Investment

Down Payment

$115,000

Renos & Furnishing

$6,500

Closing Costs

$17,250

Total

$138,750

DSCR Ratio

Weak

0.51

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

10.08%

Cap Rate

3.42%

Return on Investment

26.58%

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

$27,290

Deductible property tax

$5,692

Your total deduction

$76,964

Your adjusted annual income

$150,000 - $76,964 = $73,036

Taxes on $73,036 (30%)

$21,911

Your old tax bill

$45,000

Your new tax bill

$21,911

Estimated tax savings

$23,089

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