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BNBCalc Short Term Rental Investment Analysis 116 Pittard Sears Road, Cary, NC

4 bed • 1 bath • 12 guests • $575,262

BNB

Calc

Report by:

Will Brooks

Owner/Operator at STR Capital Group LLC

strcapital919@gmail.com

Annual Revenue

$113,956

Profit (Cash Flow)

$79,767

Cap Rate

14.9%

Annual Revenue

$113,956

AirDNA projects $249/night at 74% occupancy ($67,299). Airbtics projects $272/night at 66% occupancy ($65,568). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 65% occupancy rate, $480 rate per night.

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

Percentiles25%50%75%90%
Revenue$41,822$60,689$93,016$153,772
Occupancy57%69%77%83%
Nightly Rate$194$232$321$493

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Cary RTP Lux-6/7 Beds, 2 King Beds, 3.5 Bath-Pool

No image available

$55,017
$228
64%
43.54$245✅✅✅Y / Y⭐️ 5 (42)
Secluded retreat w/ trails, fire pit, & hammocks

No image available

$76,742
$372
50%
43.52$250❌❌✅Y / Y⭐️ 5 (63)
Comfy Spacious, Heart of RTP for 10-Super Host

No image available

$50,271
$223
59%
432$160✅❌❌Y / Y⭐️ 4.6 (162)
Cary 4 Rooms+Loft-RDU 10 mins 1st Floor Bed & Bath

No image available

$76,493
$255
79%
433$275✅✅✅Y / Y⭐️ 4.5 (36)
Renovated | USA Baseball | RDU | Family-Friendly

No image available

$49,808
$172
71%
42.51$195❌❌❌Y / Y⭐️ 5 (103)
Cary-4 Rooms+Loft-Fenced Yard-1st Floor Room-POOL

No image available

$62,882
$233
72%
42.53$325✅✅✅Y / Y⭐️ 5 (40)
Spacious centrally located 4-Bedroom Home

No image available

$48,590
$242
53%
435$150❌❌❌Y / Y⭐️ 4.5 (22)
Luxury home with private backyard, upscale nbhd

No image available

$85,455
$492
46%
44.53$300✅❌❌Y / Y⭐️ 5 (22)
Spacious Haven by the Lake | 15 min RDU, UNC, Duke

No image available

$55,603
$211
72%
42.52$0✅❌✅Y / Y⭐️ 5 (39)
Welcoming Cary Home. Close to everything!

No image available

$82,474
$329
67%
432$135✅❌✅Y / Y⭐️ 4.5 (21)
Relax at Greenhouse by Jordan Lake

No image available

$23,972
$158
40%
422$158❌❌❌Y / Y⭐️ 5 (124)
Cary House Near Airport and Park West Village

No image available

$74,044
$273
72%
42.520$225❌❌✅Y / Y⭐️ 5 (43)
2024 Modern Newly Renovated 4BR

No image available

$36,988
$163
62%
422$0✅❌❌Y / Y⭐️ 5 (26)
Cozy Cary Retreat Near Parks & Fall Attractions

No image available

$57,555
$204
73%
421$170❌❌❌Y / Y⭐️ 5 (79)
Your Home in RTP

No image available

$186,294
$509
100%
42.55$0❌❌❌Y / N⭐️ 0 (2)
Beautiful Family Friendly Home in Apex

No image available

$44,285
$140
77%
432$175❌❌❌Y / Y⭐️ 4.8 (105)
Bright Cary Home with Deck < 15 Mi to Raleigh!

No image available

$155,694
$417
100%
44.52$232❌❌❌Y / Y⭐️ 5 (53)
EV Charger|King Bed|Pets OK|Bond Lake

No image available

$75,322
$289
68%
422$300❌❌✅Y / Y⭐️ 5 (8)
Spacious home in Cary sleeps 12

No image available

$127,650
$450
75%
444$200✅❌✅Y / Y⭐️ 4.5 (10)
Lakefront house - Upstairs Apt

No image available

$55,332
$228
64%
421$145✅❌✅Y / Y⭐️ 5 (6)
Southern Charm and Comfort in a Fabulous Location!

No image available

$33,524
$122
67%
422$150❌❌✅Y / Y⭐️ 4.5 (89)
Triangle Forest Retreat in The Heart of Cary

No image available

$76,387
$350
58%
423$175❌❌❌Y / Y⭐️ 5 (55)
5* Healing Haven 20 Mins to Duke & UNC | Gym, Pool

No image available

$69,433
$240
76%
43.527$225✅✅✅Y / Y⭐️ 5 (27)
Charming 4bd Townhouse in Cary

No image available

$55,522
$185
82%
43.54$0✅❌❌Y / Y⭐️ 5 (10)
Rare Find! 4 Pet-friendly 1BR Suites, Onsite Pool!

No image available

$70,492
$642
30%
441$0✅❌✅Y / Y⭐️ 0 (0)

Return Metrics

289.97% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$79,766$159,533$239,300$319,066$398,833$797,667$2,393,002
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$17,257$35,033$53,342$72,200$91,624$197,842$821,049
Total Return$97,024$194,566$292,642$391,267$490,458$995,509$3,214,051

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

289.97%

Cap Rate

14.85%

Return on Investment

352.71%

property-location

116 Pittard Sears Rd Cary, North Carolina, 27519

4 bed • 1 bath • 12 guests

Est. $2,759/mo

Agent

Inquire about this property

Contact Will

Owner/Operator at STR Capital Group LLC

Cary

Zoning


Laws

878

Airbnb Investor Score

$51,003

Annual Profit

14.9%

Cap Rate

290.0%

Cash on Cash

$113,956

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $249/night at 74% occupancy.Projected nightly rate is $272/night at 66% occupancy.

Top 61% of comparables

Top 11% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$70,297

Avg annual revenue

64%

Avg occupancy rate

$303

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

$75k

$130k

$185k

Sign up to see the data on 40 all comparables

$79,767

Profit

Revenue

$113,956

Operating Expenses

$28,494

Operating Income

$85,462

Mortgage & Taxes

$5,695

Profit (Cash Flow)

$79,767

$10,250

Cash Investment

Down Payment

$0

Renos & Furnishing

$10,250

Total

$10,250

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

289.97%

Cap Rate

14.85%

Profit (Cummulative)

$79,767

-$0

$10,250

$17,258

$0

Total Gain

$97,025

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

$0

Deductible property tax

$5,695

Your total deduction

-$15,554

Your adjusted annual income

$150,000 - -$15,554 = $165,554


Taxes on $165,554 (30%)

$49,666

Your old tax bill

$45,000

Your new tax bill

$49,666


Estimated tax savings

-$4,666

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:

0.32 sqft

Year built:

2019

Size:

3,472 sqft

Type:

LOT

Parking:

-

Heating:

Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: LOT
  • Stories: -
  • Lot size: 0.32 sqft
  • Building area: 3,472 sqft
  • Garage: No
  • Heating: Gas
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: $165

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 0092547
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $575,262
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • Elementary School: North Chatham Elementary with 5/10 star rating
  • Middle School: Margaret B. Pollard Middle School with 5/10 star rating
  • High School: Northwood High with 6/10 star rating