BNBCalc Short Term Rental Investment Analysis 21 Orlando Drive, Narragansett, RI

3 bed • 1 bath • 10 guests • $600,000

BNB

Calc

Annual Revenue

$103,989

Profit (Cash Flow)

$36,316

Cap Rate

12.8%

Annual Revenue

$103,989

AirDNA projects $265/night at 55% occupancy ($53,234). Airbtics projects $401/night at 71% occupancy ($103,988). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 71% occupancy rate, $401 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$60,533	$105,484	$155,450	$179,266
Occupancy	53%	75%	90%	93%
Nightly Rate	$310	$382	$466	$516

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Private Enclave With Country Charm At Scarborough	$50,550	$297	43%	3	1	6	$100	❌	❌	✅	Y / Y	⭐️ 5 (27)
The Wave House - Sprawling Coastal Retreat	$97,217	$710	37%	3	3	2	$200	❌	❌	✅	Y / Y	⭐️ 5 (30)
Three Bed 2 Bath Water View Harbour Island Retreat	$53,802	$350	42%	3	2	7	$225	❌	❌	❌	Y / Y	⭐️ 5 (18)
Family Friendly Waterview Home	$100,786	$361	76%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (34)
Gorgeous Cottage on Great Island!	$73,683	$483	34%	3	2	7	$335	❌	❌	❌	Y / Y	⭐️ 5 (12)
Narragansett Seaside Escape	$58,957	$275	54%	3	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (16)
Last minute beach getaway.. look no further!	$90,896	$504	49%	3	1.5	7	$225	❌	❌	❌	Y / Y	⭐️ 5 (41)
Sea Breeze escape, walkable to Scarborough Beach!	$75,459	$389	53%	3	2	7	$0	❌	❌	❌	Y / Y	⭐️ 5 (3)
Historic Beach House Huge Yard @ Point Judith!	$75,083	$249	82%	3	2	30	$100	❌	❌	✅	Y / N	⭐️ 5 (6)
Ocean view, walk to beach, backyard oasis	$100,510	$486	56%	3	2	2	$200	❌	✅	❌	Y / Y	⭐️ 5 (60)
Scarborough Beach House - Walk to the Beach	$42,635	$353	33%	3	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (22)
Cheerful summer cottage just steps from the water.	$62,864	$225	74%	3	1	3	$110	❌	❌	✅	N / Y	⭐️ 4.8 (139)
Monthly Kayak & Paddle Board Retreat	$70,682	$272	71%	3	3.5	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (14)
Sandy Beach Cottage	$167,994	$510	90%	3	2	7	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (8)
Scarborough Beach, Narragansett RI	$146,908	$451	89%	3	3	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (76)
Private Peaceful Great Island Waterfront Cottage	$122,471	$464	70%	3	2	1	$200	❌	❌	❌	Y / Y	⭐️ 5 (97)
Charming 3 bedroom, 2 Bath with Air on quiet road!	$140,580	$475	80%	3	2	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (5)
Scarborough Beach Cottage! Sleeps 6, walk to beach	$110,453	$388	75%	3	1	30	$275	❌	❌	❌	Y / Y	⭐️ 4 (9)
Beachy Cottage in Central Location!	$75,295	$273	67%	3	1	7	$270	❌	❌	✅	Y / Y	⭐️ 4.7 (11)
Short walk to Scarborough Beach	$105,503	$307	93%	3	1	7	$190	❌	❌	❌	Y / Y	⭐️ 5 (3)
Great Coastal Narragansett Home!	$89,843	$271	89%	3	1.5	4	$130	❌	❌	❌	Y / Y	⭐️ 5 (55)
Harbour Island Waterfront Cottage W Private Beach	$100,240	$324	83%	3	2	5	$125	❌	❌	✅	Y / Y	⭐️ 4.6 (26)
Stunning Three Bedroom, 2.5 Bath with Central AC	$111,603	$343	88%	3	3	2	$190	❌	❌	❌	Y / Y	⭐️ 5 (72)
Walk across the street to beach with central A/C!	$83,778	$327	70%	3	1	7	$150	❌	❌	❌	Y / Y	⭐️ 4.5 (35)
Dream Getaway Home on Great Island RI	$67,227	$574	32%	3	2.5	5	$0	❌	❌	❌	Y / Y	⭐️ 5 (3)
Ocean views! Scarborough Beach, Narragansett, RI	$99,549	$596	44%	3	1	2	$170	❌	❌	❌	Y / Y	⭐️ 5 (89)
Seaside Getaway in quiet Great Island Narragansett	$63,960	$233	75%	3	1	4	$250	❌	❌	❌	Y / Y	⭐️ 5 (16)
Treat yourself to a Narragansett Beach getaway!	$97,403	$312	80%	3	1	30	$325	❌	❌	❌	Y / Y	⭐️ 5 (5)
Amazing 3 Bedroom Beach House - Walking Distance t	$167,609	$463	98%	3	1	2	$160	❌	❌	✅	Y / Y	⭐️ 4.5 (44)
Adorable 3 Bedroom Beach House - Walking Distance	$137,846	$397	93%	3	1	2	$160	❌	❌	✅	Y / Y	⭐️ 4.5 (46)
Waterfront with kayaks, dock & a/c, dog friendly	$279,990	$900	85%	3	3	1	$0	❌	❌	✅	Y / Y	⭐️ 0 (1)
Beach cottage w/ 5 min walk to Scarborough beach	$146,308	$381	100%	3	1	7	$150	❌	❌	❌	Y / Y	⭐️ 5 (33)
Briggs Farm Beauty!	$143,437	$411	93%	3	2	7	$300	❌	❌	❌	Y / Y	⭐️ 0 (2)
Renovated Cottage~walk to beach/outdoor shower/AC	$177,232	$504	95%	3	1	2	$250	❌	❌	❌	Y / Y	⭐️ 5 (26)
Tranquility & Relaxation minutes from the beach	$55,734	$282	54%	3	1	3	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (6)
Awesome Townhome in Narragansett! Near the Beach	$132,023	$395	90%	3	1	2	$160	❌	❌	✅	Y / Y	⭐️ 4 (18)
The Black Point beach house, Narragansett	$140,781	$383	100%	3	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (27)
Narragansett Home-Walk to Beach (Unit A)	$123,484	$358	93%	3	1.5	3	$200	❌	❌	❌	Y / Y	⭐️ 0 (1)
Narragansett House-Walk to Beach (Unit B)	$125,184	$363	93%	3	1.5	3	$200	❌	❌	❌	Y / Y	⭐️ 0 (1)

Return Metrics

24.83% 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)	$36,315	$72,631	$108,947	$145,263	$181,579	$363,159	$1,089,479
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$480,000	$480,000	$480,000	$480,000	$480,000	$480,000	$480,000
Down Payment	$120,000	$120,000	$120,000	$120,000	$120,000	$120,000	$120,000
Property Appreciation	$18,000	$36,540	$55,636	$75,305	$95,564	$206,349	$856,357
Total Return	$654,315	$709,171	$764,584	$820,569	$877,144	$1,169,509	$2,545,837

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

24.83%

Cap Rate

12.79%

Return on Investment

41.16%

21 Orlando Dr Narragansett, Rhode Island, 02882

3 bed • 1 bath • 10 guests

Purchase Price

Est. $2,878/mo

Inquire about this property

Contact Agent

$779,000

Zestimate

Narragansett

Zoning

Laws

139

Airbnb Investor Score

$36,315

Annual Profit

12.8%

Cap Rate

24.8%

Cash on Cash

$103,989

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $265/night at 55% occupancy.Projected nightly rate is $401/night at 71% occupancy.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 38% of comparables

Seasonality

40 Airbnb Comparables

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

$105,405

Avg annual revenue

71%

Avg occupancy rate

$401

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

$40k

$120k

$195k

$280k

$36,316

Profit

Revenue

$103,989

Operating Expenses

$27,199

Operating Income

$76,790

Mortgage & Taxes

$40,474

Profit (Cash Flow)

$36,316

$146,250

Cash Investment

Down Payment

$120,000

Renos & Furnishing

$8,250

Closing Costs

$18,000

Total

$146,250

DSCR Ratio

Strong

1.90

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

24.83%

Cap Rate

12.79%

Return on Investment

41.16%

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

$28,477

Deductible property tax

$5,940

Your total deduction

$24,263

Your adjusted annual income

$150,000 - $24,263 = $125,737

Taxes on $125,737 (30%)

$37,721

Your old tax bill

$45,000

Your new tax bill

$37,721

Estimated tax savings

$7,279

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:

10,497 sqft

Year built:

1971

Size:

1,244 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Natural Gas, Forced Air, Gas Connected, Zoned

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 10,497 sqft

Building area: 1,244 sqft

Garage: No

Heating: Natural gas, forced air, gas connected, zoned

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: None

View: -

Parking: No Garage, Driveway

Amenities: Electric Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer

Price per square foot: $626

Lot Info

Zoning: -

Land Use: -

Parcel Number: NARRMY3B315

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $503,500

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $779,000

Schools

High School: Narragansett High School with 8/10 star rating