BNBCalc Short Term Rental Investment Analysis 201 Ocean Ave Unit 1403B Santa Monica CA 90402

1 bed • 1 bath • 3 guests • $1,102,400

BNB

Calc

Annual Revenue

$74,641

Profit (Cash Flow)

-$23,107

Cap Rate

4.6%

Annual Revenue

$74,641

AirDNA projects $262/night at 78% occupancy ($74,641). Airbtics projects $274/night at 77% occupancy ($77,059). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 78% occupancy rate, $262 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$62,852	$77,274	$96,622	$119,713
Occupancy	65%	77%	87%	97%
Nightly Rate	$256	$265	$293	$326

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
The Retreat \| Santa Monica Beach	$67,125	$258	68%	1	1	3	$95	❌	❌	❌	N / Y	⭐️ 5 (61)
Santa Monica Bungalow on Quiet Street North of Montana	$114,542	$315	97%	1	1	3	$90	❌	❌	❌	Y / Y	⭐️ 5 (257)
Cottage By The Sea in Beautiful North Santa Monica	$77,886	$237	84%	1	1	2	$120	❌	❌	❌	N / Y	⭐️ 5 (103)
Secluded Studio in Santa Monica Coastal Zone	$97,952	$256	100%	1	1	3	$100	❌	❌	❌	N / Y	⭐️ 5 (160)
Luxury Digs on Adelaide Drive	$64,660	$266	64%	1	1	30	$100	❌	❌	❌	Y / Y	⭐️ 4.9 (41)
Santa Monica with parking/Montana close to beach	$56,020	$264	57%	1	1	5	$135	❌	❌	✅	Y / Y	⭐️ 4.8 (102)
North of Montana gated luxury 1-bdrm guest house	$84,622	$294	76%	1	1	4	$120	❌	❌	❌	Y / Y	⭐️ 5 (68)
Panoramic Ocean View with Balcony & Cal King Bed	$130,166	$434	79%	1	1	1	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (49)
1920's Spanish Upper 4 Blocks to Beach, with A/C!	$44,514	$135	89%	1	1	31	$150	❌	❌	✅	Y / Y	⭐️ 5 (18)
Relaxing oceanfront paradise in Santa Monica! 306	$67,773	$290	59%	1	1	1	$200	✅	❌	✅	Y / Y	⭐️ 4.8 (11)

Return Metrics

-8.96% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$23,106	-$46,213	-$69,319	-$92,426	-$115,532	-$231,065	-$693,195
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$881,920	$881,920	$881,920	$881,920	$881,920	$881,920	$881,920
Down Payment	$220,480	$220,480	$220,480	$220,480	$220,480	$220,480	$220,480
Property Appreciation	$33,072	$67,136	$102,222	$138,360	$175,583	$379,133	$1,573,414
Total Return	$1,112,365	$1,123,323	$1,135,302	$1,148,334	$1,162,451	$1,250,468	$1,982,618

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-8.96%

Cap Rate

4.64%

Return on Investment

8.06%

201 Ocean Ave Unit 1403B Santa Monica CA 90402 Santa Monica, CA, 90402

1 bed • 1 bath • 3 guests

Purchase Price

Est. $5,288/mo

This property is for sale!

Contact Agent

Santa Monica

Zoning

Laws

$74,641

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $262/night at 78% occupancy.Projected nightly rate is $274/night at 77% occupancy.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 51% of comparables

Seasonality

10 Airbnb Comparables

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

$80,526

Avg annual revenue

77%

Avg occupancy rate

$274

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

$45k

$70k

$100k

$130k

-$23,107

Profit

Revenue

$74,641

Operating Expenses

$23,383

Operating Income

$51,258

Mortgage & Taxes

$74,364

Profit (Cash Flow)

-$23,107

$257,802

Cash Investment

Down Payment

$220,480

Renos & Furnishing

$4,250

Closing Costs

$33,072

Total

$257,802

DSCR Ratio

Weak

0.69

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-8.96%

Cap Rate

4.64%

Return on Investment

8.06%

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

$52,321

Deductible property tax

$10,914

Your total deduction

$55,543

Your adjusted annual income

$150,000 - $55,543 = $94,457

Taxes on $94,457 (30%)

$28,337

Your old tax bill

$45,000

Your new tax bill

$28,337

Estimated tax savings

$16,663

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:

57,734 sqft

Year built:

1971

Size:

906 sqft

Type:

OTHER

Parking:

Heating:

FLOOR/WALL FURNACE

Sold Comparables

Property Details

MLS Status: Active

Property Use: Cooperative

Stories: 0

Lot size: 57,734 sqft

Building area: 906 sqft

Garage: No

Heating: Floor/wall furnace

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: SMR4*

Land Use: Residential

Parcel Number: 4293-020-103

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $1,338,618

County Est. Land Value: -

Assessed Land Value: $1,009,319

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
03/03/17	$0	0%	Spahi Family Trust

Ownership

Name: Spahi Family Trust

Owner Occupied: Yes

Owner Mailing Address: 201 Ocean Ave Unit 1809p, Santa Monica, Ca 90402

Years Owned: 0

Home Equity: $788,000

Mortgage Balance Remaining: $720,000

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Middle School: Lincoln Middle School with 8/10 star rating
High School: Santa Monica High School with 8/10 star rating