BNBCalc Short Term Rental Investment Analysis 20115 Henderson Rd E, Cornelius, NC 28031

2 bed • 2 bath • 6 guests • $325,000

BNB

Calc

Annual Revenue

$41,342

Profit (Cash Flow)

$364

Cap Rate

6.9%

Annual Revenue

$41,342

AirDNA projects $183/night at 62% occupancy ($41,440). Airbtics projects $147/night at 77% occupancy ($41,341). Airbtics predicts this property will perform in the 52% revenue percentile

BNB Calc projects a 77% occupancy rate, $147 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$33,860	$36,486	$44,402	$63,143
Occupancy	66%	73%	93%	97%
Nightly Rate	$117	$139	$168	$195

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Davidson Getaway @ Davidson Gateway	$38,843	$139	67%	2	3	1	$85	❌	❌	❌	Y / Y	⭐️ 5 (120)
Lovely Upper 2 Bedroom Guest House	$33,786	$111	78%	2	1	7	$100	❌	❌	❌	Y / Y	⭐️ 5 (36)
Convenient & Cozy Home in Cornelius Art District	$34,082	$96	97%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (33)
Lake Getaway 2Bd 2Ba w/ Selfie Wall	$34,129	$150	51%	2	2	2	$130	❌	❌	❌	Y / Y	⭐️ 4.5 (48)
Trendy 2Bdrm Home DownTown Cornelius	$38,846	$140	68%	2	2	3	$125	❌	❌	✅	Y / Y	⭐️ 4.8 (114)
2bdr apartment on Lake Norman in Davidson Landing	$30,810	$138	61%	2	1	10	$0	✅	❌	❌	Y / Y	⭐️ 4.5 (8)
Live/Laugh/Lake! Water Front View, 2xKing Beds	$60,501	$190	87%	2	2	1	$0	✅	❌	❌	Y / Y	⭐️ 5 (64)
Luxury 2Bed w/ Amazing Views	$46,255	$174	66%	2	2	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (16)
Cozy Davidson Lake Norman escape	$86,923	$250	95%	2	1	3	$0	✅	❌	❌	Y / Y	⭐️ 5 (7)
2 Bedroom Lake House	$32,940	$90	100%	2	3	6	$0	✅	❌	❌	Y / N	⭐️ 0 (0)

Return Metrics

0.44% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$364	$728	$1,092	$1,456	$1,820	$3,640	$10,921
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$260,000	$260,000	$260,000	$260,000	$260,000	$260,000	$260,000
Down Payment	$65,000	$65,000	$65,000	$65,000	$65,000	$65,000	$65,000
Property Appreciation	$9,750	$19,792	$30,136	$40,790	$51,764	$111,772	$463,860
Total Return	$335,114	$345,520	$356,228	$367,246	$378,584	$440,413	$799,781

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

0.44%

Cap Rate

6.85%

Return on Investment

16.37%

20115 Henderson Rd E Cornelius, NC, 28031

2 bed • 2 bath • 6 guests

Purchase Price

Est. $1,559/mo

This property is for sale!

Contact Agent

Airbnb Investor Score

$364

Annual Profit

6.9%

Cap Rate

0.4%

Cash on Cash

$41,342

Annual Revenue

This property is projected to be in the top 52% revenue percentile compared to similar properties nearby.
AirDNA projects $183/night at 62% occupancy ($41,440.58). Airbtics projects $147/night at 77% occupancy ($41,341).

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

10 Airbnb Comparables

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

$43,711

Avg annual revenue

77%

Avg occupancy rate

$147

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

$30k

$50k

$70k

$90k

$364

Profit

Revenue

$41,342

Operating Expenses

$19,054

Operating Income

$22,288

Mortgage & Taxes

$21,923

Profit (Cash Flow)

$364

$81,250

Cash Investment

Down Payment

$65,000

Renos & Furnishing

$6,500

Closing Costs

$9,750

Total

$81,250

DSCR Ratio

Acceptable

1.02

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

0.44%

Cap Rate

6.85%

Return on Investment

16.37%

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

$15,425

Deductible property tax

$3,217

Your total deduction

$32,730

Your adjusted annual income

$150,000 - $32,730 = $117,270

Taxes on $117,270 (30%)

$35,181

Your old tax bill

$45,000

Your new tax bill

$35,181

Estimated tax savings

$9,819

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: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -