1515 Boardwalk 1705 Atlantic City, New Jersey, 08401
1 bed • 1 bath • 1 guests
Est. $811/mo

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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
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$20,092
Avg annual revenue
36%
Avg occupancy rate
$151
Avg nightly rate
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Revenue per year
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$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
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
5.76%
Cap Rate
9.5%
STR Tax Calculator (USA)
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
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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