BNBCalc Short Term Rental Investment Analysis 113 Bonner Court, Cary, NC

3 bed • 3 bath • 9 guests • $490,000

BNB

Calc

Report by:

Luchia Cheng

Realtor at Luchia Cheng Real Estate & Design

semismile@gmail.com

Annual Revenue

$43,460

Profit (Cash Flow)

$19,280

Cap Rate

4.9%

Annual Revenue

$43,460

AirDNA projects $190/night at 67% occupancy ($46,495). Airbtics projects $163/night at 73% occupancy ($43,460). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 73% occupancy rate, $163 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$33,727	$44,523	$59,962	$73,440
Occupancy	64%	75%	82%	88%
Nightly Rate	$137	$154	$190	$214

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Updated Home near Downtown Cary & The Fenton	$56,497	$190	78%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (143)
Cozy Cary Townhome	$36,717	$132	70%	3	2.5	2	$125	✅	❌	❌	Y / Y	⭐️ 5 (209)
Comfy Cary 3 Bedroom End Unit Townhome	$43,310	$147	76%	3	2.5	2	$125	✅	❌	❌	Y / Y	⭐️ 5 (151)
Cary Top Location Ranch Home	$36,416	$149	61%	3	2.5	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (74)
Upscale\|Dog Friendly\|PNC\|NC State\|Fenton	$63,213	$218	72%	3	2	2	$250	✅	❌	✅	Y / Y	⭐️ 5 (37)
Southern Charm \| 3 Bedrooms \| Central Cary	$43,701	$152	75%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (86)
Cozy 3 bedroom house in great Cary location!	$44,991	$146	80%	3	2	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (127)
Newly Updated 3 Bedroom Townhome in Heart of Cary	$46,216	$159	78%	3	2.5	4	$150	✅	❌	✅	Y / Y	⭐️ 5 (41)
Pet Friendly Relaxing Retreat Walk to DT\|King Bed	$62,260	$208	78%	3	2	2	$160	❌	❌	✅	Y / Y	⭐️ 5 (38)
Cary Ranch- 8 Min Walk Downtown	$52,194	$214	63%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (141)
The Cary House in Downtown Cary	$65,247	$195	91%	3	2	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (228)
Charming Downtown Cary Bungalow with fenced yard	$46,605	$122	99%	3	2	1	$100	❌	❌	✅	Y / Y	⭐️ 5 (215)
New! Bright 3BR Cottage \| Coffee Bar \| Near PNC	$56,761	$213	68%	3	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (94)
Cheerful 3 bedroom residential Home with Firepit	$44,532	$159	68%	3	2	3	$160	❌	❌	✅	Y / Y	⭐️ 5 (60)
Cary home with first floor Primary bed/bath	$71,266	$256	74%	3	2.5	3	$175	❌	❌	❌	Y / Y	⭐️ 4.5 (86)
Dandy Duplex by NC State, Fairgrounds, Soccer, PNC	$29,086	$123	54%	3	3	2	$199	❌	❌	✅	Y / Y	⭐️ 5 (121)
Brick Haven - Cozy 3BR close to everything!	$35,648	$129	72%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (37)
Crème de la Crème in West Raleigh	$32,865	$143	54%	3	2.5	2	$199	❌	❌	✅	Y / Y	⭐️ 5 (126)
Entire House - Elegant 3 bedroom, 2 bath ranch	$35,839	$127	74%	3	2	2	$110	❌	❌	❌	Y / Y	⭐️ 5 (118)
Cozy Ranch House w/ Sunroom, Enjoy Autumn in NC	$57,923	$193	82%	3	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (30)
Jacuzzi,Crib,walk to Chineese,Kebab rest,Food lion	$49,316	$136	93%	3	2	1	$125	❌	❌	❌	Y / Y	⭐️ 5 (48)
Quiet 3 Bedroom home on a cul-de-sac	$32,592	$138	60%	3	3	2	$125	❌	❌	❌	Y / Y	⭐️ 4.6 (68)
Cozy Boho Kildaire Farms Home- near Downtown	$54,418	$166	84%	3	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (82)
Walkable\|Fenced In\|Pet Friendly	$54,612	$187	75%	3	2	2	$160	❌	❌	✅	Y / Y	⭐️ 5 (20)
★Welcoming Cary Townhome★King Bed★Long Term Stays★	$19,494	$110	42%	3	2	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (162)
Tranquil Cary Near Downtown \| New Furniture & Beds	$48,764	$144	88%	3	2	1	$120	❌	❌	✅	Y / Y	⭐️ 5 (38)
Cozy Industrial Kildaire Farms Home- near Downtown	$44,667	$134	86%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (110)
Centrally Located 3 Bedroom Townhome	$30,238	$131	59%	3	3	2	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (105)
Walk IN downtown! Lovely CARY home with backyard!	$52,748	$184	77%	3	2	4	$149	❌	❌	❌	Y / Y	⭐️ 5 (34)
1960's 3BR Downtown Cary Ranch!	$36,104	$156	60%	3	2	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (17)
Centrally Located Townhome	$20,673	$115	46%	3	2.5	2	$50	❌	❌	✅	Y / Y	⭐️ 5 (52)
Spacious Townhome with Community Pool	$53,412	$216	65%	3	2.5	2	$155	✅	❌	✅	Y / Y	⭐️ 5 (31)
Charming 3 bedroom/sleeps 6 in Downtown Cary!*	$64,849	$209	83%	3	1	4	$155	❌	❌	❌	Y / Y	⭐️ 5 (38)
Stocked Kitchen, minutes to Lenovo and Fairgrounds	$44,963	$139	85%	3	2	3	$120	❌	❌	❌	Y / Y	⭐️ 5 (33)
Cheerful 3-bedroom home with indoor fireplace	$50,866	$149	90%	3	2	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (107)
The Barbary @ Pirates Cove	$48,386	$170	71%	3	2.5	1	$175	✅	❌	✅	Y / Y	⭐️ 4.5 (11)
Dt Cary-Ranch home-Lg backyard-Dog friendly	$46,600	$153	82%	3	1.5	4	$150	❌	❌	✅	Y / Y	⭐️ 5 (51)
Upscale Raleigh~NCSU~PNC~Fenced~Tesla Option~Pets!	$68,186	$220	79%	3	2.5	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (106)
Renovated Wooded 3 bedroom	$51,786	$156	86%	3	2	2	$130	❌	❌	❌	Y / N	⭐️ 4.7 (40)
Peaceful townhome near pnc arena Raleigh	$38,294	$160	62%	3	2.5	1	$165	❌	❌	❌	Y / Y	⭐️ 5 (78)

Return Metrics

13.2% 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)	$19,279	$38,559	$57,838	$77,118	$96,397	$192,795	$578,386
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$367,500	$367,500	$367,500	$367,500	$367,500	$367,500	$367,500
Down Payment	$122,500	$122,500	$122,500	$122,500	$122,500	$122,500	$122,500
Property Appreciation	$14,700	$29,841	$45,436	$61,499	$78,044	$168,519	$699,358
Total Return	$523,979	$558,400	$593,274	$628,617	$664,441	$851,314	$1,767,744

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

13.2%

Cap Rate

4.92%

Return on Investment

26.09%

113 Bonner Ct Cary, North Carolina, 27511

3 bed • 3 bath • 9 guests

Purchase Price

Est. $2,350/mo

Inquire about this property

Contact Luchia

Realtor at Luchia Cheng Real Estate & Design

$485,500

Zestimate

Cary

Zoning

Laws

Airbnb Investor Score

-$8,594

Annual Profit

4.9%

Cap Rate

13.2%

Cash on Cash

$43,460

Annual Revenue

This property is projected to be in the top 44% revenue percentile compared to similar properties nearby.
Projected nightly rate is $190/night at 67% occupancy.Projected nightly rate is $163/night at 73% occupancy.

Occupancy Rate

Top 61% 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.

$46,806

Avg annual revenue

73%

Avg occupancy rate

$163

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

$35k

$55k

$70k

$19,280

Profit

Revenue

$43,460

Operating Expenses

$19,330

Operating Income

$24,131

Mortgage & Taxes

$4,851

Profit (Cash Flow)

$19,280

$131,250

Cash Investment

Down Payment

$122,500

Renos & Furnishing

$8,750

Total

$131,250

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

13.2%

Cap Rate

4.92%

Return on Investment

26.09%

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

$23,643

Deductible property tax

$4,851

Your total deduction

$59,062

Your adjusted annual income

$150,000 - $59,062 = $90,938

Taxes on $90,938 (30%)

$27,281

Your old tax bill

$45,000

Your new tax bill

$27,281

Estimated tax savings

$17,719

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:

0.35 sqft

Year built:

1985

Size:

2,400 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 2

Lot size: 0.35 sqft

Building area: 2,400 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: No

Cooling: Central Air, Dual

View: -

Parking: Open

Amenities: -

Price per square foot: $202

Lot Info

Zoning: -

Land Use: -

Parcel Number: 0763925902

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $516,404

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $485,500

Schools

Elementary School: Farmington Woods Elementary with 7/10 star rating
Middle School: East Cary Middle School with 6/10 star rating
High School: Cary High with 6/10 star rating