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BNBCalc Short Term Rental Investment Analysis 1515 Boardwalk, Atlantic City, NJ, 08401

1 bed • 1 bath • 1 guests • $169,000

BNB

Calc

Annual Revenue

$34,187

Profit (Cash Flow)

$2,485

Cap Rate

9.5%

Annual Revenue

$34,187

AirDNA projects $197/night at 38% occupancy ($27,342). Airbtics projects $151/night at 36% occupancy ($19,854). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 48% occupancy rate, $195 rate per night.

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

Percentiles25%50%75%90%
Revenue$8,608$15,222$35,967$50,887
Occupancy22%31%48%54%
Nightly Rate$100$128$195$245

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
1 Bedroom Right on Boardwalk! Free Parking + Pool

No image available

$25,183
$100
63%
111$85✅✅❌Y / Y⭐️ 5 (146)
Ocean Front 1 Bedroom Perfect for small family!

No image available

$21,043
$94
54%
111$85✅✅❌Y / Y⭐️ 5 (153)
★Stylish & Comfy★ | Near the Boardwalk, ♛Queen Bed

No image available

$17,090
$83
53%
113$99❌❌✅N / Y⭐️ 4.5 (67)
Chic 1 BR Beach Block & Orange Loop Bars/Dining

No image available

$13,048
$86
35%
111$75❌❌✅Y / Y⭐️ 5 (66)
Beachfront Condo + Free Parking and Seasonal Pool

No image available

$20,745
$95
52%
111$85✅✅❌Y / Y⭐️ 5 (210)
Fabulous Beachfront Boardwalk Ocean studio

No image available

$20,339
$101
48%
111$80✅✅❌Y / Y⭐️ 4.5 (110)
*RARE* Spacious Sleeps 5 + child Beach Front!

No image available

$19,564
$96
48%
111$95✅✅❌Y / Y⭐️ 5 (123)
1 bedroom condo in Atlantic City

No image available

$18,620
$95
50%
112$80✅❌❌Y / Y⭐️ 4.5 (204)
Funky and Cute 1BR Beach Block Apt | 2 min from BW

No image available

$15,667
$83
48%
113$99❌❌✅N / Y⭐️ 4.5 (17)
Chic 1BR Apt, 5 min to Beach w/ Kitchen & King Bed

No image available

$17,427
$100
42%
111$75❌❌✅Y / Y⭐️ 5 (45)
Skyline Tower Resort | 1BR/1BA Pool & Beach Access

No image available

$12,298
$112
30%
111$0✅✅❌Y / Y⭐️ 5 (15)
Sleeps 6! Stylish 1-BR Ocean Front

No image available

$28,106
$110
65%
111$85✅❌❌Y / Y⭐️ 5 (203)
Beer Hall Backyard w/ King bed, Walk to beach/bars

No image available

$13,309
$114
30%
112$60❌❌❌Y / Y⭐️ 5 (63)
Designer Apartment 1.5 Blocks to Boardwalk

No image available

$28,442
$151
50%
112$75❌❌❌Y / Y⭐️ 5 (50)
Urban Chic 1BR - Walk to Boardwalk - Min to Beach

No image available

$37,330
$244
41%
113$149❌❌❌Y / Y⭐️ 4.5 (17)
Wyndham Skyline Tower 1 bedroom

No image available

$16,932
$119
32%
114$95✅✅❌Y / Y⭐️ 4.5 (20)
NEAR THE BOARDWALK - 1 Bedroom Deluxe Suite

No image available

$14,701
$99
36%
112$99✅✅❌Y / Y⭐️ 4.5 (67)
1-Bedroom Suite Condo @Skyline Towers

No image available

$35,352
$220
43%
112$100✅✅❌Y / Y⭐️ 0 (0)
Wyndham Skyline Tower AC 1 Bedroom Deluxe Condo

No image available

$54,335
$189
78%
112$75✅✅❌Y / Y⭐️ 5 (33)
FABULOUS BEACHFRONT STUDIO AND AMAZING OCEAN VIEWS

No image available

$39,626
$200
52%
112$75✅❌❌Y / Y⭐️ 4.8 (86)
Comfort meets location at Skyline Tower 1 bedroom

No image available

$56,613
$149
100%
112$99✅✅❌N / Y⭐️ 5 (10)
Atlantic City Condo VIP PERKS @ New Jersey

No image available

$22,134
$144
42%
113$0✅✅❌Y / Y⭐️ 0 (2)

Return Metrics

5.76% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$2,484$4,969$7,454$9,939$12,424$24,848$74,545
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$135,200$135,200$135,200$135,200$135,200$135,200$135,200
Down Payment$33,800$33,800$33,800$33,800$33,800$33,800$33,800
Property Appreciation$5,070$10,292$15,670$21,210$26,917$58,121$241,207
Total Return$176,554$184,261$192,125$200,150$208,341$251,970$484,752

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

5.76%

Cap Rate

9.5%

Return on Investment

20.13%

property-location

1515 Boardwalk 1705 Atlantic City, New Jersey, 08401

1 bed • 1 bath • 1 guests

Est. $811/mo

Agent

Inquire about this property

Contact Agent

50

Airbnb Investor Score

$2,484

Annual Profit

9.5%

Cap Rate

5.8%

Cash on Cash

$34,187

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
AirDNA projects $197/night at 38% occupancy ($27,342.16). Airbtics projects $151/night at 36% occupancy ($19,854).

Top 31% of comparables

Top 26% 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.

$20,092

Avg annual revenue

36%

Avg occupancy rate

$151

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

$5k

$20k

$40k

$60k

Sign up to see the data on 40 all comparables

$2,485

Profit

Revenue

$34,187

Operating Expenses

$18,124

Operating Income

$16,063

Mortgage & Taxes

$13,578

Profit (Cash Flow)

$2,485

$43,120

Cash Investment

Down Payment

$33,800

Renos & Furnishing

$4,250

Closing Costs

$5,070

Total

$43,120

DSCR Ratio

Acceptable

1.18

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

5.76%

Cap Rate

9.5%

Profit (Cummulative)

$2,485

$135,200

$4,250

$5,070

$0

Total Gain

$8,684

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

$10,733

Deductible property tax

$1,673

Your total deduction

$15,379

Your adjusted annual income

$150,000 - $15,379 = $134,621


Taxes on $134,621 (30%)

$40,386

Your old tax bill

$45,000

Your new tax bill

$40,386


Estimated tax savings

$4,614

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:

CONDO

Parking:

1

Heating:

Heat Pump

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: CONDO
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: Yes
  • Heating: Heat pump
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: Central Air
  • View: Boardwalk Front, Ocean, Water
  • Parking: Garage
  • Amenities: Electric Stove, Microwave, Refrigerator
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 31
  • Flood Zone: No

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • High School: Atlantic City High School with 2/10 star rating