BNBCalc Short Term Rental Investment Analysis 1679 Hemingway Dr Sw, Ocean Isle Beach, NC 28469

3 bed • 2 bath • 9 guests • $629,000

BNB

Calc

Annual Revenue

$95,621

Profit (Cash Flow)

$27,080

Cap Rate

11.1%

Annual Revenue

$95,621

AirDNA projects $476/night at 55% occupancy ($95,620). Airbtics projects $273/night at 57% occupancy ($56,835). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 55.00000000000001% occupancy rate, $476 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$31,897	$46,813	$89,879	$141,339
Occupancy	48%	54%	68%	85%
Nightly Rate	$177	$229	$352	$444

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Turtle Shack - Super Cute Beach House 1mi to OIB	$31,541	$92	84%	3	2	1	$79	❌	❌	✅	Y / Y	⭐️ 4.8 (32)
Dolphin Cove - Dazzling Waterfront Cottage w/ Dock	$40,821	$113	94%	3	1	1	$79	❌	❌	✅	Y / Y	⭐️ 4.8 (29)
Sand Dollars-Huge Lot, Pets Allowed, Boat Parking	$47,789	$199	62%	3	2	2	$160	❌	❌	✅	Y / Y	⭐️ 4.8 (76)
"Big Creek Paradise" Vacation Rental on ICW	$39,170	$199	46%	3	3	4	$200	❌	❌	✅	Y / Y	⭐️ 5 (9)
Gorgeous OIB Escape w/ Dock & Canal View!	$139,475	$564	65%	3	3	2	$361	❌	❌	❌	Y / Y	⭐️ 4.9 (19)
Ocean Isle Beach - 3 bedrooms - 3 pools - 400 steps to the beach!	$108,434	$600	49%	3	2	3	$95	✅	❌	❌	Y / Y	⭐️ 4.9 (32)
Renovated 3BR/2BA 2nd Row Condo w/ocean views	$37,490	$202	50%	3	2	2	$160	✅	❌	❌	Y / Y	⭐️ 4.8 (70)
Star of the Sea - Family Fun in the Sun!	$61,276	$169	98%	3	2	2	$150	✅	❌	✅	Y / Y	⭐️ 4.7 (46)
Newly renovated beachfront dog friendly w/ 4 bikes	$84,024	$433	51%	3	2	1	$200	✅	❌	✅	Y / Y	⭐️ 4.9 (41)
Beach Villas Condo	$54,924	$175	83%	3	2	2	$130	✅	❌	❌	Y / Y	⭐️ 5 (68)
Mainland OIB Coastal Cottage	$31,460	$168	49%	3	1	2	$99	❌	❌	❌	Y / Y	⭐️ 4.5 (23)
Coastalsoul-Time to Breathe in the Salty Air!	$88,222	$353	67%	3	2	3	$200	✅	❌	❌	Y / Y	⭐️ 5 (110)
Ocean Isle Beach Condo w/ Views, Steps to Sand!	$138,986	$544	67%	3	2	3	$232	✅	❌	❌	Y / Y	⭐️ 5 (18)
I'll Beach There For You on Ocean Isle Beach, Pool	$71,432	$342	54%	3	2	1	$352	✅	❌	❌	Y / Y	⭐️ 4.5 (8)
Ocean Isle Beach Home w/ Canal Views!	$79,539	$442	48%	3	2	3	$258	❌	❌	❌	Y / Y	⭐️ 4.7 (6)
Sunny Condo - Private Ocean Isle Beach Access!	$147,171	$416	95%	3	2	2	$114	✅	❌	❌	Y / Y	⭐️ 4.9 (31)
Footprints in the Sand	$34,257	$172	53%	3	2	3	$135	✅	❌	❌	Y / Y	⭐️ 4.8 (19)
3 BR beach condo 4D with great amenities	$46,491	$228	53%	3	2	2	$180	✅	❌	❌	Y / Y	⭐️ 5 (116)
Peaceful Easy Feelin	$19,654	$167	30%	3	2	3	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (25)
3BR dog friendly getaway with a furnished patio	$24,935	$174	34%	3	2	1	$189	❌	❌	✅	Y / Y	⭐️ 5 (14)
Ocean view beach cottage, Second Row, Sleeps 8	$47,893	$209	61%	3	1	3	$228	❌	❌	❌	Y / Y	⭐️ 5 (30)
Beautiful 3 BR oceanfront beachfront condo	$59,607	$293	55%	3	2	3	$175	✅	❌	❌	Y / Y	⭐️ 5 (14)
Ocean Isle Beach Escape - Centrally Located!	$79,283	$438	48%	3	2	3	$171	❌	❌	❌	Y / Y	⭐️ 5 (9)
3br Ocean Front Condo with Panoramic Ocean Views	$53,367	$178	80%	3	2	3	$200	✅	❌	❌	Y / Y	⭐️ 4.9 (31)
Renovated 3 bd/2 bth condo full of beach vibes!	$44,586	$229	51%	3	2	3	$199	✅	❌	❌	Y / Y	⭐️ 4.5 (31)
Happy Mango OIB	$69,337	$250	75%	3	2	7	$150	✅	❌	❌	Y / Y	⭐️ 4.6 (14)
Beach Haven	$93,473	$380	66%	3	3	2	$175	✅	❌	✅	Y / Y	⭐️ 4.7 (27)
3 BR beach condo 4A - Ocean Isle Beach	$68,251	$259	72%	3	2	2	$180	✅	❌	❌	Y / Y	⭐️ 4.9 (68)
Vacation home only 6 minutes from the beach	$29,439	$101	67%	3	2	3	$261	❌	❌	❌	Y / Y	⭐️ 4.5 (19)
Beautiful modern home, steps from the beach	$34,160	$180	50%	3	2	7	$100	❌	❌	❌	Y / Y	⭐️ 5 (8)
3br Coastal Condo perfect for family beach getaway	$60,313	$295	55%	3	2	7	$150	✅	❌	❌	Y / Y	⭐️ 4.8 (24)
Oceanfront 3 BD/2 BA OIB Condo - Quiet Beach	$113,422	$306	100%	3	2	7	$200	✅	❌	❌	Y / Y	⭐️ 4.9 (49)
Beach Cottage OIB: a short walk to the beach	$63,657	$468	36%	3	2	7	$200	❌	❌	✅	Y / Y	⭐️ 5 (20)
Sun Kissed \| Brunswick Vacation Rentals	$46,051	$233	54%	3	2	1	$0	✅	❌	✅	Y / Y	⭐️ 4 (4)
Oceanfront, Heaven's Haven, remodeled 3br Condo	$107,456	$352	82%	3	2	7	$120	✅	❌	❌	Y / Y	⭐️ 5 (40)

Return Metrics

17.67% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$27,079	$54,159	$81,239	$108,319	$135,399	$270,798	$812,394
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$503,200	$503,200	$503,200	$503,200	$503,200	$503,200	$503,200
Down Payment	$125,800	$125,800	$125,800	$125,800	$125,800	$125,800	$125,800
Property Appreciation	$18,870	$38,306	$58,325	$78,945	$100,183	$216,323	$897,748
Total Return	$674,949	$721,465	$768,564	$816,264	$864,582	$1,116,121	$2,339,142

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

17.67%

Cap Rate

11.05%

Return on Investment

34.03%

1679 Hemingway Dr Sw Ocean Isle Beach, NC, 28469

3 bed • 2 bath • 9 guests

Purchase Price

Est. $3,017/mo

This property is for sale!

Contact Agent

104

Airbnb Investor Score

$27,079

Annual Profit

11.1%

Cap Rate

17.7%

Cash on Cash

$95,621

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $476/night at 55% occupancy.Projected nightly rate is $273/night at 57% occupancy.

Occupancy Rate

Top 46% of comparables

Avg Daily Rate

Top 8% of comparables

Seasonality

40 Airbnb Comparables

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

$59,927

Avg annual revenue

57%

Avg occupancy rate

$273

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

$60k

$100k

$150k

$27,080

Profit

Revenue

$95,621

Operating Expenses

$26,111

Operating Income

$69,510

Mortgage & Taxes

$42,430

Profit (Cash Flow)

$27,080

$153,170

Cash Investment

Down Payment

$125,800

Renos & Furnishing

$8,500

Closing Costs

$18,870

Total

$153,170

DSCR Ratio

Strong

1.64

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

17.67%

Cap Rate

11.05%

Return on Investment

34.03%

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

$29,853

Deductible property tax

$6,227

Your total deduction

$36,407

Your adjusted annual income

$150,000 - $36,407 = $113,593

Taxes on $113,593 (30%)

$34,078

Your old tax bill

$45,000

Your new tax bill

$34,078

Estimated tax savings

$10,922

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:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

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: -