BNBCalc Short Term Rental Investment Analysis 215 Sims Ln, Luray, VA 22835

2 bed • 2 bath • 6 guests • $356,900

BNB

Calc

Report by:

Nachi Subramanian

nachisp@gmail.com

Annual Revenue

$37,441

Profit (Cash Flow)

-$5,182

Cap Rate

5.3%

Annual Revenue

$37,441

AirDNA projects $242/night at 48% occupancy ($42,426). Airbtics projects $201/night at 51% occupancy ($37,441). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 51% occupancy rate, $201 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$23,830	$38,180	$52,884	$73,277
Occupancy	38%	49%	59%	76%
Nightly Rate	$168	$206	$237	$255

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Red Gate Cabin: Hike into Shenandoah National Park	$56,669	$266	57%	2	1	2	$69	❌	❌	❌	Y / Y	⭐️ 5 (80)
Kalmia Cabin @shenandoahwoods	$39,168	$287	37%	2	2	2	$50	❌	✅	❌	Y / Y	⭐️ 5 (24)
Whispering Pines Cabin @shenandoahwoods	$44,258	$254	47%	2	1	2	$40	❌	✅	✅	Y / Y	⭐️ 5 (31)
Fire Pit/MountainViews/HotTub/Crib/Dog Friendly	$50,848	$196	65%	2	2	1	$160	❌	✅	✅	Y / Y	⭐️ 5 (50)
IDA_Getaway	$14,574	$181	22%	2	1	2	$0	❌	✅	❌	Y / Y	⭐️ 4.8 (60)
Pawpaw’s Cabin	$46,500	$231	55%	2	2	2	$0	❌	✅	❌	Y / Y	⭐️ 5 (45)
Howdy Cabin: Hot Tub, Stunning Views, EVSE, Wi-Fi	$90,311	$293	83%	2	2.5	2	$100	✅	✅	✅	Y / Y	⭐️ 5 (100)
Walk to White Oak Canyon Hiking	$25,620	$125	56%	2	1	2	$0	❌	❌	❌	Y / N	⭐️ 4.5 (259)
Mountain View_Loft_WalkScore 95/100_Downtown_WiFi	$34,496	$150	59%	2	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (224)
Old Rag Mountain Cabin	$25,466	$108	61%	2	1	2	$75	❌	❌	✅	N / N	⭐️ 4.5 (245)
Rose River Cabin in the Blue Ridge Mountains	$28,257	$200	36%	2	1.5	1	$100	❌	❌	✅	Y / N	⭐️ 5 (44)
Minutes from luray caverns	$26,956	$183	38%	2	2.5	2	$100	❌	❌	✅	N / Y	⭐️ 5 (60)
Mawmaw’s Cabin	$38,046	$231	45%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (38)
Pine Grove Private Mountaintop Cabin	$40,825	$139	80%	2	1	2	$25	❌	❌	✅	Y / Y	⭐️ 5 (208)
Cute clean & comfortable in Luray No Cleaning Fee	$17,573	$207	22%	2	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (23)
Autumn Ridge- Cozy mountain cabin with a hot tub!	$37,376	$239	41%	2	1.5	2	$75	❌	✅	✅	N / Y	⭐️ 4.5 (112)
Hemlock Hollow Secluded CDC guidelines Followed	$34,125	$176	50%	2	1	2	$94	❌	✅	✅	Y / N	⭐️ 4.5 (146)
Mountain Breeze Cabin in Syria, VA	$19,844	$140	38%	2	1	2	$40	❌	❌	❌	Y / Y	⭐️ 5 (196)
Modern 2BR cabin w/ sauna, mountain views, & pond	$53,919	$254	58%	2	3	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (95)
The House in Luray.	$33,780	$149	59%	2	1	1	$85	❌	❌	❌	Y / Y	⭐️ 5 (168)
Private, Peaceful & Luxurious!	$48,576	$237	56%	2	2	1	$0	❌	✅	❌	Y / Y	⭐️ 5 (162)
Luxury Loft at Luray - Mins to Main St & Caverns!	$23,364	$136	42%	2	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (27)
FOX DEN--Secluded Mountain Getaway	$25,331	$175	39%	2	1	2	$40	❌	❌	✅	N / N	⭐️ 5 (84)
Pine Grove Retreat	$21,081	$128	45%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (207)
BREAKAWAY Getaway in the mountains	$24,888	$142	47%	2	1.5	2	$70	❌	❌	✅	Y / Y	⭐️ 5 (112)
The Flynn at Briar Laine House	$39,164	$213	49%	2	1.5	2	$80	❌	❌	❌	Y / Y	⭐️ 5 (77)
Hot Tub \| 2 Min to Cavern \| Firepit \| Blue Pearl	$71,678	$204	96%	2	1	1	$0	❌	✅	✅	Y / Y	⭐️ 5 (173)
Secluded LUX Bunker \| Hot Tub, Views & Trails	$49,444	$194	66%	2	2	2	$99	❌	✅	❌	Y / Y	⭐️ 5 (136)
Bear Oaks Cabin- Close to Luray Caverns!	$26,651	$228	31%	2	1	2	$60	❌	✅	✅	Y / Y	⭐️ 5 (33)
Log house in blue	$23,373	$206	31%	2	1.5	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (85)
Caverns, Nat’l Park, River, Wi-Fi, Firepit	$34,075	$206	43%	2	2	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (55)
1850's Massanutten Spgs -"Charmed by the Ambiance"	$56,327	$227	67%	2	2	2	$55	❌	✅	✅	Y / Y	⭐️ 5 (188)
Finished Basement with a pool and a fire pit	$22,011	$97	62%	2	1	1	$0	✅	❌	❌	N / N	⭐️ 4.5 (49)
Whispering Hillside -Coffee Bar, Hot Tub Fire Pit	$76,196	$210	94%	2	1	1	$145	❌	✅	✅	Y / Y	⭐️ 5 (164)
Deer Country Log Cabin- Close to Caverns!	$25,583	$254	27%	2	2	2	$60	❌	❌	✅	Y / Y	⭐️ 5 (8)
Country Time Cabin-Within 1 Mile of Luray Caverns!	$22,406	$231	26%	2	2	2	$60	❌	✅	✅	Y / Y	⭐️ 5 (22)
Casa Latibule	$42,683	$238	49%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (46)
Helms Mountain Hideaway , Luray	$53,963	$194	76%	2	2	2	$0	❌	✅	❌	Y / Y	⭐️ 5 (6)
High Ridge cabin in the Blue Ridge Mountains	$37,179	$238	41%	2	1	2	$75	❌	✅	✅	Y / Y	⭐️ 4.5 (94)
Shenandoah Mountain Getaway Luray	$61,153	$302	55%	2	2	2	$75	❌	✅	✅	Y / Y	⭐️ 5 (384)

Return Metrics

-5.84% 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)	-$5,181	-$10,363	-$15,544	-$20,726	-$25,907	-$51,815	-$155,446
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$285,520	$285,520	$285,520	$285,520	$285,520	$285,520	$285,520
Down Payment	$71,380	$71,380	$71,380	$71,380	$71,380	$71,380	$71,380
Property Appreciation	$10,707	$21,735	$33,094	$44,794	$56,844	$122,743	$509,389
Total Return	$362,425	$368,272	$374,449	$380,967	$387,837	$427,828	$710,843

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-5.84%

Cap Rate

5.29%

Return on Investment

10.19%

215 Sims Ln Luray, Virginia, 22835

2 bed • 2 bath • 6 guests

Purchase Price

Inquire about this property

Contact Nachi

$356,900

Zestimate

-11

Airbnb Investor Score

-$5,181

Annual Profit

5.3%

Cap Rate

-5.8%

Cash on Cash

$37,441

Annual Revenue

BNBCalc predicts this property will get $201 per night with 51% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 46% of comparables

Avg Daily Rate

Top 56% of comparables

Seasonality

40 Airbnb Comparables

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

$38,593

Avg annual revenue

51%

Avg occupancy rate

$201

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

$40k

$65k

$90k

-$5,182

Profit

Revenue

$37,441

Operating Expenses

$18,547

Operating Income

$18,894

Mortgage & Taxes

$24,075

Profit (Cash Flow)

-$5,182

$88,587

Cash Investment

Down Payment

$71,380

Renos & Furnishing

$6,500

Closing Costs

$10,707

Total

$88,587

DSCR Ratio

Weak

0.78

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-5.84%

Cap Rate

5.29%

Return on Investment

10.19%

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

$16,939

Deductible property tax

$3,533

Your total deduction

$41,436

Your adjusted annual income

$150,000 - $41,436 = $108,564

Taxes on $108,564 (30%)

$32,569

Your old tax bill

$45,000

Your new tax bill

$32,569

Estimated tax savings

$12,431

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 sqft

Year built:

2015

Size:

1,386 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Heat Pump

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
580 River Hills Rd	2	2	1,344	$260	1.6	-	-	-
4733 Us Highway 340	2	2	1,390	$223	1.75	-	-	-
34 Eden Rd	2	2	1,320	$196	0.3	-	-	-
357 Park Rd	-	-	0	-	0	-	-	-
320 Cavalier Rd	3	2	1,120	$258	1.85	-	-	-

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 2

Lot size: 1 sqft

Building area: 1,386 sqft

Garage: No

Heating: Heat pump

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: Central Air

View: Mountain(s)

Parking: -

Amenities: Dishwasher, Electric Range, Microwave, Refrigerator, Dryer, Washer

Price per square foot: $254

Lot Info

Zoning: -

Land Use: -

Parcel Number: 74 A 78

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $209,200

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $353,400

Schools

Elementary School: Stanley Elementary School with 6/10 star rating
Middle School: Page County Middle School with 5/10 star rating
High School: Page County High School with 5/10 star rating