BNBCalc Short Term Rental Investment Analysis 1116 W Bank St, Salisbury, NC 28144

3 bed • 2 bath • 9 guests • $215,000

BNB

Calc

Annual Revenue

$39,881

Profit (Cash Flow)

$6,513

Cap Rate

9.8%

Annual Revenue

$39,881

AirDNA projects $136/night at 58% occupancy ($28,810). Airbtics projects $179/night at 61% occupancy ($39,880). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 61% occupancy rate, $179 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$22,762	$37,192	$56,741	$85,906
Occupancy	48%	66%	72%	76%
Nightly Rate	$124	$148	$206	$298

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Calm&Cozy Vibes-king bed+firepit+fenced yard.	$25,857	$94	66%	3	1	2	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (40)
Lovely downtown 3BR/2.5BA house	$41,994	$145	74%	3	3	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (59)
Cheerful 3-Bedroom Home	$24,427	$125	50%	3	1	2	$130	❌	❌	❌	Y / Y	⭐️ 4.7 (31)
Salisbury Hideaway	$25,575	$87	72%	3	2	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (53)
Charming comforts in newly constructed townhome	$29,303	$131	56%	3	3	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (23)
The Lake Escape	$57,512	$172	88%	3	1	2	$99	❌	❌	✅	Y / Y	⭐️ 4.8 (152)
Spacious Downtown Craftsman \| Designer Finishes	$36,147	$128	71%	3	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (34)
Opulent Haven, luxurious townhome	$38,297	$149	66%	3	3	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (11)
LakeHouseOasis at HIGH ROCK LAKE#ViewIsEverything	$63,715	$435	39%	3	3	2	$299	❌	❌	❌	Y / Y	⭐️ 4.7 (25)
3BR Pet-Friendly House Near DT	$26,214	$91	70%	3	1	1	$100	❌	❌	✅	Y / Y	⭐️ 4.8 (91)
The Sage~Steps to DT Kannapolis, Ballpark & Dining	$47,550	$179	68%	3	3	1	$125	❌	❌	✅	Y / Y	⭐️ 5 (107)
3 bed 2 bath new construction home built in 2021	$32,814	$190	45%	3	2	3	$89	❌	❌	❌	Y / Y	⭐️ 4.8 (85)
Arcade, billiards, firepit, kayaks, dock, 65" TVs	$76,717	$294	69%	3	3	3	$175	✅	❌	✅	Y / Y	⭐️ 5 (33)
Castaway Cottage	$36,866	$150	66%	3	3	3	$125	❌	❌	✅	Y / Y	⭐️ 4.9 (57)
Blue Heron Haven - Hot Tub on Dock+ EV Charger!	$109,313	$423	69%	3	3	2	$275	❌	✅	❌	Y / Y	⭐️ 5 (39)
Lakefront w/Game Room, Kayaks and More	$42,024	$226	49%	3	3	2	$135	❌	❌	❌	Y / Y	⭐️ 4.9 (54)
Maddie's Place	$25,182	$94	69%	3	1	2	$100	❌	❌	✅	Y / Y	⭐️ 4.7 (54)
Waterfront Cottage High Rock Lake	$31,176	$169	48%	3	1	3	$95	❌	❌	✅	Y / Y	⭐️ 4.9 (29)
Serenity Now at the Lake	$73,367	$232	85%	3	3	2	$140	❌	✅	❌	Y / Y	⭐️ 4.9 (24)
The Gray~Steps to DT Kannapolis Ballpark & Dining	$37,279	$139	66%	3	3	1	$125	❌	❌	✅	Y / Y	⭐️ 5 (47)
Mill House Cottage in rural setting, come visit!	$25,417	$140	48%	3	1	2	$95	❌	❌	❌	Y / Y	⭐️ 5 (23)
New Luxurious Townhome	$41,332	$150	72%	3	3	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (14)
Salisbury Bungalow	$30,348	$140	56%	3	2	3	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (10)
Cozy Home in Salisbury	$22,017	$73	75%	3	2	2	$70	❌	❌	✅	Y / Y	⭐️ 4.4 (40)
Large/serene home near hospitals	$44,317	$135	85%	3	3	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (9)
Charming Lexington Home - 2 Mi to Downtown!	$21,555	$100	45%	3	1	4	$207	❌	❌	❌	Y / Y	⭐️ 3.8 (6)
⭐️Paradise Point-Lakefront, Pier, Kayaks, Fire Pit🖤	$36,643	$122	76%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 4.9 (129)
Salem Shores - Walk into the water! Kayaks! 3br/2b	$41,062	$135	76%	3	2	1	$130	❌	❌	❌	Y / Y	⭐️ 5 (153)
Pinnacle of Relaxation	$25,014	$124	53%	3	2	2	$80	❌	❌	✅	Y / Y	⭐️ 4.8 (124)
New Construction in Salisbury 1	$30,942	$147	55%	3	2	3	$99	❌	❌	❌	Y / Y	⭐️ 5 (28)
Modern home close to Salisbury/Charlotte venues	$34,422	$215	42%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (11)
Fun and Relax at the Carolyn on High Rock lake	$61,719	$275	61%	3	3	2	$60	❌	❌	✅	Y / Y	⭐️ 5 (41)
Little Farm House	$30,687	$106	76%	3	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (147)
The Skipper- 3 bedroom/Simply Adorable	$36,150	$204	47%	3	2	3	$120	❌	❌	❌	Y / Y	⭐️ 5 (44)
Rent or Bring Your Boat! Kayaks \| BBQ \| Fire Pit	$45,192	$181	64%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (89)
Waterfront home w Pool, Hot Tub, Kayaks & Firepit	$109,239	$407	73%	3	2	2	$150	✅	✅	✅	Y / Y	⭐️ 5 (48)
Hoover's Hidden Hide Out	$23,546	$168	36%	3	3	2	$75	❌	❌	✅	N / N	⭐️ 5 (14)
Charming 3BR, Pet OK, Close to DT KTOWN	$23,763	$88	69%	3	1	3	$115	❌	❌	✅	Y / Y	⭐️ 4.8 (19)

Return Metrics

11.23% 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)	$6,513	$13,026	$19,539	$26,052	$32,566	$65,132	$195,397
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$172,000	$172,000	$172,000	$172,000	$172,000	$172,000	$172,000
Down Payment	$43,000	$43,000	$43,000	$43,000	$43,000	$43,000	$43,000
Property Appreciation	$6,450	$13,093	$19,936	$26,984	$34,243	$73,942	$306,861
Total Return	$227,963	$241,119	$254,476	$268,037	$281,810	$354,074	$717,258

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

11.23%

Cap Rate

9.77%

Return on Investment

26.01%

1116 W Bank St Salisbury, NC, 28144

3 bed • 2 bath • 9 guests

Purchase Price

Est. $1,031/mo

This property is for sale!

Contact Agent

Airbnb Investor Score

$6,513

Annual Profit

9.8%

Cap Rate

11.2%

Cash on Cash

$39,881

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $136/night at 58% occupancy.Projected nightly rate is $179/night at 61% occupancy.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 33% of comparables

Seasonality

40 Airbnb Comparables

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

$40,599

Avg annual revenue

61%

Avg occupancy rate

$179

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

$50k

$80k

$110k

$6,513

Profit

Revenue

$39,881

Operating Expenses

$18,865

Operating Income

$21,016

Mortgage & Taxes

$14,503

Profit (Cash Flow)

$6,513

$57,950

Cash Investment

Down Payment

$43,000

Renos & Furnishing

$8,500

Closing Costs

$6,450

Total

$57,950

DSCR Ratio

Strong

1.45

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

11.23%

Cap Rate

9.77%

Return on Investment

26.01%

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

$10,204

Deductible property tax

$2,129

Your total deduction

$15,959

Your adjusted annual income

$150,000 - $15,959 = $134,041

Taxes on $134,041 (30%)

$40,212

Your old tax bill

$45,000

Your new tax bill

$40,212

Estimated tax savings

$4,788

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:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

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: No

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -