BNBCalc Short Term Rental Investment Analysis 115 W Leicester Ave, Norfolk, VA 23503

3 bed • 2 bath • 9 guests • $295,000

BNB

Calc

Annual Revenue

$48,008

Profit (Cash Flow)

$8,187

Cap Rate

9.5%

Annual Revenue

$48,008

AirDNA projects $212/night at 62% occupancy ($48,007). Airbtics projects $182/night at 63% occupancy ($41,878). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 62% occupancy rate, $212 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$26,427	$37,611	$62,471	$84,649
Occupancy	48%	61%	78%	90%
Nightly Rate	$147	$164	$212	$243

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Grace's Getaway Bright & Modern Home mins to beach	$39,990	$236	46%	3	1	2	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (56)
Fenced Yard + W/D Clean & Cozy Cottage!	$48,659	$171	71%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (55)
Old Beach House Made New Again	$33,460	$118	64%	3	2	2	$185	❌	❌	❌	Y / Y	⭐️ 4.8 (233)
Chesapeake Rose Cottage 5 Minutes to Beach	$34,869	$157	58%	3	2	30	$150	❌	❌	❌	Y / Y	⭐️ 5 (9)
Warm & Inviting Home Close To Beaches and Shopping	$35,186	$148	56%	3	3	2	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (30)
Modern Beach Cottage ~ Private Backyard & Fire Pit	$79,171	$223	97%	3	2	29	$0	❌	❌	❌	Y / Y	⭐️ 5 (34)
Pinetree Condo! 3 bed 2.5 bath	$28,324	$180	43%	3	3	30	$0	❌	❌	✅	Y / Y	⭐️ 5 (1)
Monthly Stays Welcome \| Pets & Fast Wi-Fi	$39,299	$127	81%	3	2	2	$75	❌	❌	✅	Y / Y	⭐️ 5 (12)
89 Huge Yard, 3 bed House with wash/dry dishwasher	$49,495	$147	90%	3	2	30	$195	❌	❌	✅	Y / Y	⭐️ 5 (4)

Return Metrics

10.72% 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)	$8,186	$16,373	$24,560	$32,747	$40,934	$81,869	$245,607
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$236,000	$236,000	$236,000	$236,000	$236,000	$236,000	$236,000
Down Payment	$59,000	$59,000	$59,000	$59,000	$59,000	$59,000	$59,000
Property Appreciation	$8,850	$17,965	$27,354	$37,025	$46,985	$101,455	$421,042
Total Return	$312,036	$329,339	$346,915	$364,772	$382,920	$478,324	$961,649

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

10.72%

Cap Rate

9.52%

Return on Investment

26.11%

115 W Leicester Ave Norfolk, VA, 23503

3 bed • 2 bath • 9 guests

Purchase Price

Est. $1,415/mo

This property is for sale!

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Airbnb Investor Score

$8,186

Annual Profit

9.5%

Cap Rate

10.7%

Cash on Cash

$48,008

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $212/night at 62% occupancy.Projected nightly rate is $182/night at 63% occupancy.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 21% of comparables

Seasonality

10 Airbnb Comparables

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

$42,006

Avg annual revenue

63%

Avg occupancy rate

$182

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

$25k

$45k

$60k

$80k

$8,187

Profit

Revenue

$48,008

Operating Expenses

$19,921

Operating Income

$28,087

Mortgage & Taxes

$19,900

Profit (Cash Flow)

$8,187

$76,350

Cash Investment

Down Payment

$59,000

Renos & Furnishing

$8,500

Closing Costs

$8,850

Total

$76,350

DSCR Ratio

Strong

1.41

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

10.72%

Cap Rate

9.52%

Return on Investment

26.11%

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

$14,001

Deductible property tax

$2,920

Your total deduction

$22,211

Your adjusted annual income

$150,000 - $22,211 = $127,789

Taxes on $127,789 (30%)

$38,337

Your old tax bill

$45,000

Your new tax bill

$38,337

Estimated tax savings

$6,663

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: Yes

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: -