BNBCalc Short Term Rental Investment Analysis 1515 E Ocean View Ave 107, Norfolk, VA 23503

2 bed • 1 bath • 6 guests • $2,300

BNB

Calc

Annual Revenue

$36,466

Profit (Cash Flow)

$17,890

Cap Rate

784.6%

Annual Revenue

$36,466

AirDNA projects $156/night at 64% occupancy ($36,465). Airbtics projects $125/night at 60% occupancy ($27,393). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 64% occupancy rate, $156 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$19,959	$27,167	$40,189	$54,023
Occupancy	49%	59%	70%	77%
Nightly Rate	$100	$114	$145	$177

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
A Modern Beach Apartment	$50,830	$179	70%	2	1	1	$125	❌	❌	✅	Y / N	⭐️ 4.2 (28)
Hillside Cove - Ship Suite	$22,531	$114	54%	2	1	30	$0	❌	❌	✅	N / Y	⭐️ 4.5 (32)
A Gorgeous Beach Apartment	$37,146	$199	51%	2	1	1	$0	❌	❌	✅	Y / N	⭐️ 4.5 (87)
Hillside Cove - Plank Suite	$18,447	$105	48%	2	1	2	$0	❌	❌	✅	N / Y	⭐️ 4.8 (15)
Hillside Cove - Anchor Suite	$16,295	$106	42%	2	1	2	$0	❌	❌	✅	N / Y	⭐️ 4.3 (21)
Hillside Cove - Helm Suite	$33,760	$124	69%	2	1	2	$90	❌	❌	✅	N / Y	⭐️ 4.5 (22)
Beach Hideaway 2 bdr/2bth- Pet friendly!	$42,224	$159	67%	2	2	2	$95	❌	❌	✅	Y / Y	⭐️ 4.9 (78)
Cozy modern sleek home near bay	$27,054	$96	77%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.7 (28)
Sea Shack Cape Suite	$40,460	$118	82%	2	1	2	$85	❌	❌	✅	Y / Y	⭐️ 4.5 (178)
Hillside Cove - Helm Suite	$18,118	$110	45%	2	1	2	$0	❌	❌	✅	N / Y	⭐️ 3.9 (12)
Sea Shack Pebble Suite	$28,289	$131	59%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.2 (27)
A Sandy Escape near the Beach	$22,838	$80	78%	2	1	21	$200	❌	❌	❌	Y / Y	⭐️ 5 (5)
Waterfront \| 2 BR \| Private Beach Access ☀	$23,189	$176	36%	2	3	1	$0	❌	❌	❌	Y / Y	⭐️ 4.3 (19)
Private Cozy 2-Br Apt Close To Naval Base \| Wi-Fi	$21,456	$93	55%	2	2	30	$135	❌	❌	❌	Y / Y	⭐️ 4.8 (97)
Coastal Hideaway! Pet Friendly \| Beach 3 min Walk	$23,315	$91	70%	2	1	30	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (31)

Return Metrics

263.9% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$17,890	$35,780	$53,670	$71,560	$89,451	$178,902	$536,707
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$22	$46	$72	$99	$127	$300	$1,840
Down Payment	$460	$460	$460	$460	$460	$460	$460
Property Appreciation	$69	$140	$213	$288	$366	$791	$3,282
Total Return	$18,441	$36,427	$54,416	$72,408	$90,405	$180,453	$542,289

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

263.9%

Cap Rate

784.58%

Return on Investment

265.25%

1515 E Ocean View Ave 107 Norfolk, VA, 23503

2 bed • 1 bath • 6 guests

Purchase Price

Est. $11/mo

This property is for sale!

Contact Agent

7692

Airbnb Investor Score

$17,890

Annual Profit

784.6%

Cap Rate

263.9%

Cash on Cash

$36,466

Annual Revenue

BNBCalc predicts this property will get $125 per night with 60% occupancy, putting it in the top 44% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 21% of comparables

Seasonality

15 Airbnb Comparables

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

$28,396

Avg annual revenue

60%

Avg occupancy rate

$125

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

$15k

$25k

$40k

$50k

$17,890

Profit

Revenue

$36,466

Operating Expenses

$18,421

Operating Income

$18,045

Mortgage & Taxes

$155

Profit (Cash Flow)

$17,890

$6,779

Cash Investment

Down Payment

$460

Renos & Furnishing

$6,250

Closing Costs

$69

Total

$6,779

DSCR Ratio

Strong

116.31

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

263.9%

Cap Rate

784.58%

Return on Investment

265.25%

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

$109

Deductible property tax

$23

Your total deduction

-$16,800

Your adjusted annual income

$150,000 - -$16,800 = $166,800

Taxes on $166,800 (30%)

$50,040

Your old tax bill

$45,000

Your new tax bill

$50,040

Estimated tax savings

-$5,040

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:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: CONDO

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: -