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BNBCalc Short Term Rental Investment Analysis 215 David Ridge Road, Black Mountain, NC

3 bed • 3 bath • 9 guests • $450,000

BNB

Calc

Annual Revenue

$46,547

Profit (Cash Flow)

$2,935

Cap Rate

6.0%

Annual Revenue

$46,547

AirDNA projects $228/night at 53% occupancy ($44,136). Airbtics projects $216/night at 59% occupancy ($46,546). Airbtics predicts this property will perform in the 50% revenue percentile

BNB Calc projects a 59% occupancy rate, $216 rate per night.

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

Percentiles25%50%75%90%
Revenue$29,315$42,063$66,195$83,898
Occupancy48%57%69%77%
Nightly Rate$159$193$252$285

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Brighthaven: 8min to Blk Mtn, 25min to Asheville!

No image available

$38,144
$160
61%
322$100❌❌✅Y / Y⭐️ 5 (16)
Cozy Hideaway w/ Grill, 17 Mi to Asheville

No image available

$47,989
$162
77%
32.52$129✅❌❌Y / Y⭐️ 5 (111)
Firefly Lodge | Private Log Cabin with Views!

No image available

$37,598
$274
36%
33.51$195❌❌❌Y / Y⭐️ 0 (2)
Private Cabin in-town Black Mountain, Asheville

No image available

$58,884
$199
78%
31.51$99❌❌❌Y / Y⭐️ 5 (142)
Creekside Cottage Star5Vacations

No image available

$53,707
$208
70%
321$190❌❌❌Y / Y⭐️ 5 (78)
The Montreat House

No image available

$48,445
$219
57%
32.51$250❌❌✅Y / Y⭐️ 5 (14)
Come for the fun..... Stay for the view!

No image available

$47,143
$257
49%
32.52$150❌❌❌Y / Y⭐️ 5 (136)
Walk to Town Cottage

No image available

$30,957
$149
55%
312$120❌❌✅Y / Y⭐️ 5 (77)
Secluded Mini Farm Log Home in near Asheville

No image available

$25,705
$89
73%
31.52$100❌❌✅Y / Y⭐️ 4.5 (267)
The Black Mountain Cottage: OPEN post-hurricane!

No image available

$44,581
$222
54%
32.52$175❌❌✅Y / Y⭐️ 5 (111)
'Saddle Up' for a great Black Mountain getaway!

No image available

$83,879
$262
86%
32.52$175❌❌✅Y / Y⭐️ 5 (113)
Wendell's Ridge | Pet Friendly "Green Home"

No image available

$38,820
$241
40%
32.51$349❌❌✅Y / Y⭐️ 5 (6)
New Rustic Modern home- walkable to town- hot tub

No image available

$45,828
$175
69%
322$125✅✅❌Y / Y⭐️ 5 (395)
Walk to Lake tomahawk!Golf Course~Hottub~Putt Putt

No image available

$45,935
$150
79%
32.51$75✅✅❌Y / Y⭐️ 5 (65)
HarmonyHouse @BlackMountain - No Cleaning Fee!

No image available

$54,144
$252
57%
322$155❌✅❌Y / Y⭐️ 5 (209)
Black Mountain Treehouse

No image available

$38,223
$153
65%
321$200❌❌✅Y / Y⭐️ 5 (64)
The Lake House

No image available

$35,048
$133
72%
323$0❌❌✅Y / Y⭐️ 5 (62)
*New*Gartness House Sleeps 6 | 3 mins DT Black Mtn

No image available

$36,660
$121
78%
312$150✅❌✅Y / Y⭐️ 5 (96)
Walkable Dwntwn Black Mtn w/ hot tub & sauna

No image available

$38,289
$195
51%
312$125❌✅✅Y / Y⭐️ 5 (142)
Grey Eagle Cottage with Hot Tub in Black Mountain

No image available

$38,403
$164
61%
32.52$175❌✅✅Y / Y⭐️ 5 (155)
Cheerful cottage with mountain view, fire pit!

No image available

$143,862
$824
47%
321$200❌❌✅Y / Y⭐️ 4.7 (18)
The Gate House | Pets, Game Room & Screened Porch!

No image available

$34,619
$206
44%
331$298❌❌✅Y / Y⭐️ 5 (2)
Black Mountain Beauty

No image available

$26,092
$158
44%
322$198❌❌❌Y / Y⭐️ 5 (51)
Firepit & Game Room | Hot Tub Retreat in Mountains

No image available

$33,637
$186
43%
32.51$235✅✅✅Y / Y⭐️ 5 (121)
Mountain Modern with Long Range Views by SHP

No image available

$53,025
$253
55%
333$175❌❌✅Y / Y⭐️ 5 (56)
Nana’s Black Mountain Home

No image available

$24,753
$145
45%
322$100❌❌✅Y / Y⭐️ 5 (38)
Cozy Cottage, hot tub, game room, & fire pit

No image available

$53,986
$249
55%
32.51$235✅✅✅Y / Y⭐️ 5 (120)
Blue Sky Bungalow NO PET FEE

No image available

$57,626
$234
64%
322$160✅❌✅Y / Y⭐️ 5 (58)
Blue Heron Bungalow | 5 Min. to Downtown Black Mtn

No image available

$62,006
$288
57%
32.51$175❌❌✅Y / Y⭐️ 5 (3)
Greenway Getaway

No image available

$23,878
$133
45%
311$150❌❌✅Y / Y⭐️ 4.5 (10)
Breath of Heaven | Hot Tub & Mountain Views!

No image available

$74,591
$285
66%
321$249❌✅❌Y / Y⭐️ 5 (27)
Luxe quiet cabin! Hot tub w/ views, Dogs welcome

No image available

$75,619
$256
76%
322$200❌✅✅Y / Y⭐️ 5 (57)
Bear Walk Cottage in Black Mountain

No image available

$28,063
$174
42%
321$150❌❌✅Y / Y⭐️ 5 (15)
Quaint Downtown Mountain House

No image available

$35,477
$166
53%
31.52$115❌❌✅Y / Y⭐️ 5 (28)
Adorable Mountain Home - Dog Friendly, Baby Gear!

No image available

$40,366
$178
59%
32.51$160❌❌✅Y / Y⭐️ 5 (234)
Stone Court | Hot Tub & Walking Distance to Town!

No image available

$64,032
$346
49%
321$199❌✅❌Y / Y⭐️ 5 (17)
Cozy Luxury Treehouse 10 Min To Asheville Mtn View

No image available

$88,371
$304
76%
331$190❌❌✅Y / Y⭐️ 5 (153)
Oaken Hill

No image available

$42,751
$160
68%
321$150❌✅✅Y / Y⭐️ 5 (29)
Cheerful 3-bedroom home nestled in the mountains

No image available

$47,042
$191
64%
32.51$175❌❌❌Y / Y⭐️ 5 (33)
Beautiful Treetop Home Near Lake Tomahawk

No image available

$24,374
$133
47%
32.55$125❌❌❌Y / Y⭐️ 5 (113)

Return Metrics

1.45% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$2,935$5,870$8,805$11,740$14,675$29,351$88,055
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$270,000$270,000$270,000$270,000$270,000$270,000$270,000
Down Payment$180,000$180,000$180,000$180,000$180,000$180,000$180,000
Property Appreciation$13,500$27,405$41,727$56,478$71,673$154,762$642,268
Total Return$466,435$483,275$500,532$518,219$536,349$634,114$1,180,323

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

1.45%

Cap Rate

5.95%

Return on Investment

9.76%

property-location

215 David Rdg Rd Black Mountain, North Carolina, 28711

3 bed • 3 bath • 9 guests

Est. $2,158/mo

Agent

Inquire about this property

Contact Agent

$468,800

Zestimate

24

Airbnb Investor Score

$2,935

Annual Profit

6.0%

Cap Rate

1.5%

Cash on Cash

$46,547

Annual Revenue

This property is projected to be in the top 50% revenue percentile compared to similar properties nearby.
Projected nightly rate is $228/night at 53% occupancy.Projected nightly rate is $216/night at 59% occupancy.

Top 46% of comparables

Top 38% of comparables


Seasonality

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40

Airbnb Comparables

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

$48,063

Avg annual revenue

59%

Avg occupancy rate

$216

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

$25k

$65k

$100k

$145k

Sign up to see the data on 40 all comparables

$2,935

Profit

Revenue

$46,547

Operating Expenses

$19,731

Operating Income

$26,816

Mortgage & Taxes

$23,880

Profit (Cash Flow)

$2,935

$202,250

Cash Investment

Down Payment

$180,000

Renos & Furnishing

$8,750

Closing Costs

$13,500

Total

$202,250

DSCR Ratio

Acceptable

1.12

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

1.45%

Cap Rate

5.95%

Profit (Cummulative)

$2,935

$270,000

$8,750

$13,500

$0

Total Gain

$19,751

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

$16,018

Deductible property tax

$4,455

Your total deduction

$43,989

Your adjusted annual income

$150,000 - $43,989 = $106,011


Taxes on $106,011 (30%)

$31,803

Your old tax bill

$45,000

Your new tax bill

$31,803


Estimated tax savings

$13,197

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:

1.32 sqft

Year built:

2022

Size:

1,404 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Heat Pump

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 2
  • Lot size: 1.32 sqft
  • Building area: 1,404 sqft
  • Garage: No
  • Heating: Heat pump
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: Central Air, Heat Pump
  • View: -
  • Parking: Driveway
  • Amenities: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Price per square foot: $333

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 071110016100000
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $335,500
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $468,800


Schools

  • Middle School: Charles D Owen Middle with 4/10 star rating
  • High School: Charles D Owen High with 6/10 star rating