BNBCalc Short Term Rental Investment Analysis 158 Southfields Rd

4 bed • 4 bath • 12 guests • $800,000

BNB

Calc

Report by:

Justin Thompson

Owner at GatherSTR

248-798-4383

jt@gatherstr.com

http://gatherstr.com

Annual Revenue

$125,178

Profit (Cash Flow)

$29,096

Cap Rate

10.8%

Annual Revenue

$125,178

AirDNA projects $441/night at 48% occupancy ($77,314). Airbtics projects $434/night at 56% occupancy ($88,768). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 48% occupancy rate, $714 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$69,976	$91,233	$111,450	$131,884
Occupancy	48%	56%	62%	68%
Nightly Rate	$370	$410	$456	$496

Seasonality (Profit by Month)

Return Metrics

25.08% 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)	$29,095	$58,191	$87,287	$116,382	$145,478	$290,956	$872,870
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$727,999	$727,999	$727,999	$727,999	$727,999	$727,999	$727,999
Down Payment	$72,000	$72,000	$72,000	$72,000	$72,000	$72,000	$72,000
Property Appreciation	$24,000	$48,720	$74,181	$100,407	$127,419	$275,133	$1,141,809
Total Return	$853,095	$906,911	$961,468	$1,016,789	$1,072,897	$1,366,090	$2,814,680

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

25.08%

Cap Rate

10.82%

Return on Investment

54.22%

158 Southfields Rd Panama City Beach, Florida, 32413-3206

4 bed • 4 bath • 12 guests

Purchase Price

Inquire about this property

Contact Justin

Owner at GatherSTR

$807,700

Zestimate

$125,178

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $441/night at 48% occupancy.Projected nightly rate is $434/night at 56% occupancy.

Occupancy Rate

Top 71% of comparables

Avg Daily Rate

Top 1% of comparables

Seasonality

$29,096

Profit

Revenue

$125,178

Operating Expenses

$38,560

Operating Income

$86,618

Mortgage & Taxes

$57,522

Profit (Cash Flow)

$29,096

$116,000

Cash Investment

Down Payment

$72,000

Renos & Furnishing

$20,000

Closing Costs

$24,000

Total

$116,000

DSCR Ratio

Strong

1.51

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

25.08%

Cap Rate

10.82%

Return on Investment

54.22%

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

$39,547

Deductible property tax

$7,920

Your total deduction

$79,635

Your adjusted annual income

$150,000 - $79,635 = $70,365

Taxes on $70,365 (30%)

$21,110

Your old tax bill

$45,000

Your new tax bill

$21,110

Estimated tax savings

$23,890

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:

1,220 sqft

Year built:

2006

Size:

2,766 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
160 Southfields Rd	3	3	2,088	-	1,220	2006	$729,000	27
402 Beachside Dr	5	5	4,413	-	12,023	2001	$6,000,000	584
156 Southfields Rd	3	3	2,088	-	1,220	2006	$725,000	-
360 Beachside Dr	6	4	5,419	-	4,501	1992	$2,000,000	-
21821 Webb St	3	2	2,022	-	2,788	2007	$1,500,000	-
328 Beachside Dr	4	6	5,369	-	15,769	2018	$10,700,000	200
103 Carillon Ave	4	4	3,659	-	8,023	2020	$0	-
330 Beachside Dr	4	3	5,889	-	13,591	2004	$0	355
505 Beachside Gdns	2	2	988	-	4,356	2001	$950,000	-
21901 Belgrade Ave	2	1	1,884	-	12,632	1957	$0	-

Property Details

MLS Status: property-details-mls-status-sold

Property Use: Townhouse

Stories: 3

Lot size: 1,220 sqft

Building area: 2,766 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: BC22

Land Use: Residential

Parcel Number: 36071-020-020

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $661,822

County Est. Land Value: $43,120

Assessed Land Value: $43,120

County Est. Structure Value: $618,702

Market Estimate: $2,001,457

Sale history

Date	Sale Price	% Financed	Buyer
10/12/23	$800,000	0%	Highland Place Eleventh Llc
12/28/22	$793,000	0%	Joseph M Coalla, Michael A Coalla
12/17/21	$650,000	84%	Zeona Mcintyre, Joshua Barad
07/25/18	$0	0%	Dustin W Lash
11/17/08	$0	0%	Us Bk National Assn
02/28/06	$525,000	90%	Rajesh D Patel

Ownership

Name: Highland Place Eleventh Llc

Owner Occupied: No

Owner Mailing Address: 8025 Alverstone Ave, Los Angeles, Ca 90045

Years Owned: 4

Home Equity: $110,950

Mortgage Balance Remaining: $548,250

Financed amount: 90%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No