BNBCalc Short Term Rental Investment Analysis 1120 Melrose St, Winston-Salem, NC, 27103

4 bed • 2 bath • 10 guests • $400,000

BNB

Calc

Annual Revenue

$56,350

Profit (Cash Flow)

$8,362

Cap Rate

8.8%

Annual Revenue

$56,350

AirDNA projects $181/night at 66% occupancy ($43,632). Airbtics projects $266/night at 58% occupancy ($56,349). Airbtics predicts this property will perform in the 51% revenue percentile

BNB Calc projects a 58% occupancy rate, $266 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$24,426	$43,132	$85,825	$124,753
Occupancy	44%	58%	76%	80%
Nightly Rate	$144	$194	$297	$413

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Luxurious, Historic 4BR Home in Downtown Winston	$62,705	$402	42%	4	3.5	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (106)
Modern\| Cozy \| Garage \| Pets Allowed\| Office Space	$28,320	$119	58%	4	2.5	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (99)
New Beautiful Salem Suite 4bd-Self Checkin	$31,861	$133	58%	4	2.5	2	$150	❌	❌	❌	Y / Y	⭐️ 4.5 (42)
Historic home in Grace Park	$48,296	$398	33%	4	3.5	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (87)
Spacious Historical Home 3 mins from Downtown	$33,194	$137	62%	4	3.5	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (161)
Sometimes more is more! Entire 4BD with gym	$35,196	$131	69%	4	2	2	$110	❌	❌	✅	Y / Y	⭐️ 4.5 (142)
Renovated Perfection in Quiet W-S Neighborhood	$47,928	$184	69%	4	2	1	$60	❌	❌	✅	Y / Y	⭐️ 5 (324)
Historic West End Hideaway, walk to downtown WS	$37,492	$224	44%	4	2	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (62)
Spacious Midcentury Modern Split Level	$24,649	$105	54%	4	3	2	$125	❌	❌	❌	Y / Y	⭐️ 4.5 (59)
Close to Hosp/Mall, 1K /4Q Beds, 3bath, Pool Table	$57,990	$169	91%	4	3	3	$175	✅	❌	✅	Y / Y	⭐️ 5 (53)
Historic Perryman House, Entire Home	$108,658	$650	42%	4	4.5	2	$250	❌	❌	✅	Y / Y	⭐️ 5 (11)
Fully Renovated 4 Bed Buena Vista House Near WFU	$55,828	$193	76%	4	2	3	$195	❌	❌	❌	Y / Y	⭐️ 5 (90)
Wake Forest - Clean! Comfy! Spacious!	$68,190	$296	61%	4	3	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (80)
Home w/ 6 Beds - Near Hospital	$39,232	$196	51%	4	2.5	2	$165	❌	❌	✅	Y / Y	⭐️ 4.5 (21)
HartmanCasita: Peaceful, Beautiful 4Bedroom Home!	$40,586	$164	61%	4	2.5	1	$180	❌	❌	✅	Y / Y	⭐️ 4.5 (68)
The Sunrise HavenBright and Cozy 4-Bedroom Home -	$33,041	$148	54%	4	2	1	$180	❌	❌	✅	Y / Y	⭐️ 5 (114)
Wake Forest Univ.-Walking distance! 4BDRM/3Bath	$41,112	$181	60%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (42)
Spacious Salem-Winston Home w/ Deck!	$49,498	$159	77%	4	2	2	$310	❌	❌	✅	Y / Y	⭐️ 5 (11)
Deacon Stays - The Brookwood	$39,233	$119	82%	4	2	2	$125	❌	❌	✅	Y / Y	⭐️ 4.5 (13)
Deacon Stays - The Idlewilde	$37,500	$114	82%	4	3	2	$130	❌	❌	✅	Y / Y	⭐️ 5 (28)
Deacon Stays: The Brookwood - Walk to WFU	$44,902	$142	79%	4	2	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (165)
Deacon Stays: The Polo - 4 BRs	$59,247	$201	78%	4	2	2	$130	❌	❌	✅	Y / Y	⭐️ 5 (42)
Majestic Getaway near Wake Forest University	$52,671	$286	49%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (205)
Deacon Stays: The Idlewilde - Walk to WFU	$37,606	$116	81%	4	3	2	$130	❌	❌	✅	Y / Y	⭐️ 5 (75)
Downtown’s Queens (Pad 1 & 2) - 4BR + 2 Sofa Bed	$54,487	$325	45%	4	2	2	$200	❌	❌	✅	Y / Y	⭐️ 4.5 (40)
The Summit Manor	$56,414	$284	52%	4	2	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (13)
Urban Retreat near Wake Forest & Downtown WS	$50,335	$228	58%	4	2	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (17)
Comfortable classic - Downtown	$34,202	$158	53%	4	2.5	3	$195	❌	❌	❌	Y / Y	⭐️ 5 (21)
New Beautiful 4 BR Home near Hospitals & Downtown	$46,912	$360	35%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (35)
Jacuzzi, King Bed, Spa Home, 75' TV, Near Park	$88,590	$515	47%	4	2	1	$0	✅	✅	✅	Y / Y	⭐️ 5 (10)
Hannaford Hilton	$63,165	$202	78%	4	2	1	$200	❌	❌	✅	Y / Y	⭐️ 5 (122)
Cozy Winston-Salem Home < 2 Mi to Downtown!	$37,614	$530	18%	4	2	2	$258	❌	❌	❌	Y / Y	⭐️ 5 (11)
Centrally located 4bed/3bth/Pool Table -2K/3Q Beds	$49,600	$176	77%	4	3	3	$0	✅	❌	✅	Y / Y	⭐️ 5 (5)
Blessed Acre Estate	$18,776	$135	38%	4	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (7)
Spacious 4 Bedroom home with movie room and more!	$38,774	$302	34%	4	3	1	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (26)
Private oasis right in town	$104,781	$373	76%	4	3.5	3	$50	❌	❌	❌	Y / Y	⭐️ 5 (7)
WFU & High Point Furniture Mkt Pool & BBQ	$112,209	$1,445	21%	4	3	2	$280	✅	❌	❌	Y / Y	⭐️ 5 (8)
Winston-Salem 4 Bedroom all the comforts of home!	$44,241	$145	80%	4	2	5	$150	❌	❌	✅	Y / Y	⭐️ 4 (3)
4Bd/2Ba sleeps 8 & 1minute to WFU + pet Fee	$20,907	$272	21%	4	2	2	$0	❌	❌	✅	Y / Y	⭐️ 0 (2)
Walk to Wake Forest #3	$66,681	$238	75%	4	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (5)

Return Metrics

8.15% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$8,361	$16,723	$25,084	$33,446	$41,808	$83,616	$250,848
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,929	$8,101	$12,530	$17,233	$22,226	$52,205	$320,000
Down Payment	$80,000	$80,000	$80,000	$80,000	$80,000	$80,000	$80,000
Property Appreciation	$12,000	$24,360	$37,090	$50,203	$63,709	$137,566	$570,904
Total Return	$104,291	$129,184	$154,706	$180,883	$207,743	$353,388	$1,221,753

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

8.15%

Cap Rate

8.83%

Return on Investment

23.69%

1120 Melrose St Winston-Salem, North Carolina, 27103

4 bed • 2 bath • 10 guests

Purchase Price

Est. $1,919/mo

Inquire about this property

Contact Agent

$354,600

Zestimate

Winston-Salem

Guide

Zoning

Guide

Laws

Airbnb Investor Score

$8,361

Annual Profit

8.8%

Cap Rate

8.2%

Cash on Cash

$56,350

Annual Revenue

BNBCalc predicts this property will get $266 per night with 58% occupancy, putting it in the top 51% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 53% 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.

$50,065

Avg annual revenue

58%

Avg occupancy rate

$266

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

$115k

$8,362

Profit

Revenue

$56,350

Operating Expenses

$21,005

Operating Income

$35,344

Mortgage & Taxes

$26,983

Profit (Cash Flow)

$8,362

$102,500

Cash Investment

Down Payment

$80,000

Renos & Furnishing

$10,500

Closing Costs

$12,000

Total

$102,500

DSCR Ratio

Strong

1.31

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

8.15%

Cap Rate

8.83%

Return on Investment

23.69%

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

$18,984

Deductible property tax

$3,960

Your total deduction

$32,715

Your adjusted annual income

$150,000 - $32,715 = $117,285

Taxes on $117,285 (30%)

$35,186

Your old tax bill

$45,000

Your new tax bill

$35,186

Estimated tax savings

$9,814

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:

0.2 sqft

Year built:

1950

Size:

2,689 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air, Natural Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 1

Lot size: 0.2 sqft

Building area: 2,689 sqft

Garage: No

Heating: Forced air, natural gas

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: Central Air

View: -

Parking: Driveway

Amenities: Gas Water Heater

Price per square foot: $131

Lot Info

Zoning: -

Land Use: -

Parcel Number: 6824390321

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $214,000

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $354,600

Schools

Elementary School: Bolton Elementary with 5/10 star rating
Middle School: Wiley Middle with 1/10 star rating
High School: Early College Of Forsyth County with 9/10 star rating