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BNBCalc Short Term Rental Investment Analysis 218 Nw 8th St, Miami, FL 33136

2 bed • 2 bath • 6 guests • $3,205

BNB

Calc

Annual Revenue

$55,254

Profit (Cash Flow)

$34,175

Cap Rate

1073.0%

Annual Revenue

$55,254

Airbtics projects $244/night at 62% occupancy ($55,254). Airbtics predicts this property will perform in the 43% revenue percentile

BNB Calc projects a 62% occupancy rate, $244 rate per night.

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

Percentiles25%50%75%90%
Revenue$42,409$57,501$80,584$97,994
Occupancy52%66%76%80%
Nightly Rate$216$229$280$323

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
Amazing Unit in Downtown Miami W/ Free Parking
$65,474
$224
77%
211$100✅❌✅Y / Y⭐️ 4.9 (33)
Beautiful Unit in Dowtown Miami W Free Parking
$59,366
$223
69%
211$104✅❌✅Y / Y⭐️ 4.9 (35)
Modern Unit in Downtown Miami W/ Free Parking
$43,643
$184
61%
211$99✅❌✅Y / Y⭐️ 4.8 (34)
Modern Unit Mins from Brickell W/ Free Parking
$61,053
$221
72%
211$100✅❌✅Y / Y⭐️ 5 (47)
Stylish Unit in Downtown Miami W/ Free Parking
$48,882
$188
68%
211$104✅❌✅Y / Y⭐️ 4.8 (19)
Modern Unit in Downtown Miami W/ Free Parking
$48,160
$188
66%
211$104✅❌✅Y / Y⭐️ 4.8 (25)
Wonderful Unit In Downtown Miami W/ Free Parking
$55,953
$185
78%
211$104✅❌✅Y / Y⭐️ 4.8 (12)
Beautiful Unit with Amazing View Free Parking
$48,909
$185
68%
211$100✅❌✅Y / Y⭐️ 4.9 (26)
Charming Apt in Downtown Miami W/ Free Parking
$50,627
$189
70%
211$104✅❌✅Y / Y⭐️ 4.7 (15)
Amazing 2 BD Mins From Brickell W/ Free Parking
$58,528
$226
67%
221$100✅❌✅Y / Y⭐️ 4.9 (71)
Modern 2 Bed Mins from Brickell W/ Free Parking
$65,277
$226
74%
221$104✅✅✅Y / Y⭐️ 4.8 (76)
Modern Unit in the Heart of Downtown Miami
$66,830
$228
76%
221$100✅✅✅Y / Y⭐️ 4.9 (59)
Centrally Located 2 BED in the Heart of Downtown
$59,298
$225
68%
221$100✅✅✅Y / Y⭐️ 4.8 (57)
Exclusive Condo in Downtown Miami W/ Pool Views
$81,250
$278
76%
221$100✅✅✅Y / Y⭐️ 4.9 (85)
Relaxed Contemporary Downtown Miami Prime Location
$65,864
$264
65%
222$200✅❌❌Y / Y⭐️ 5 (47)
Luxury Corner Unit Gorgeous City Views.
$79,320
$252
86%
224$0✅❌❌Y / Y⭐️ 4.8 (47)
Miami World Center! Urban Oasis- Bay Scenery!
$73,080
$372
52%
222$150✅✅✅Y / Y⭐️ 5 (14)
*Free Parking* 2 Bedrooms/1.5 Baths in DT MIAMI
$82,687
$237
92%
221$125✅❌✅Y / Y⭐️ 4.7 (91)
2beds/2baths luxury apt in downtown mia
$27,406
$234
32%
221$0✅✅✅Y / Y⭐️ 5 (5)
Luxurious 2bed/2bath apartment with water views
$47,818
$224
58%
224$200✅❌❌Y / N⭐️ 5 (3)
Casita in Downtown Miami
$72,293
$225
83%
211$140✅❌❌Y / Y⭐️ 5 (8)
Luxurious 2 bedroom apt in the heart of Downtown
$35,209
$185
52%
213$0✅❌✅Y / Y⭐️ 5 (3)
Luxury Corner Unit Amazing Views Free Parking
$45,867
$241
52%
224$0✅❌❌Y / Y⭐️ 4.8 (11)
Art Deco 2 Bedroom with Bay View
$46,468
$224
52%
221$150✅✅❌Y / Y⭐️ 5 (19)
Chic 2B/2B in downtown Miami
$112,218
$323
91%
221$150✅❌✅Y / Y⭐️ 4.7 (31)
Luxury beautiful Apartment with great amenities
$71,183
$347
55%
2230$250✅✅✅Y / Y⭐️ 5 (3)
Miami Magic: Vibrant 2 Bedroom with Free Parking
$103,362
$345
80%
211$100✅❌✅Y / Y⭐️ 5 (12)
Miami Getaway
$68,151
$286
63%
224$100✅✅❌Y / Y⭐️ 4.9 (13)
Chic 2 bedroom apt in Centro
$36,447
$249
33%
224$250✅❌❌Y / N⭐️ 5 (1)
2BR Modern Condo Downtown Miami
$38,146
$247
39%
221$120✅✅✅Y / Y⭐️ 5 (1)
2 Bed 2 Bath Ultra Suite High Rise City/Water View
$49,628
$230
55%
223$100✅❌❌Y / Y⭐️ 4.7 (39)
Stunning 2 bed 2 bath, Downtown Miami Area
$76,413
$286
73%
223$0✅❌❌Y / Y⭐️ 5 (5)
Beautiful 2bedroom free parking
$55,561
$323
47%
221$0✅✅✅Y / Y⭐️ 5 (31)
Rare Find Oversized Corner Unit Luxury High Rise
$81,165
$288
77%
224$0✅✅✅Y / Y⭐️ 5 (13)
Apartamento downtown Miami
$41,525
$183
62%
2230$160✅❌❌Y / Y⭐️ 5 (2)
enjoy miami.center of Miami two bedrooms apartment
$30,561
$181
40%
213$100❌❌❌Y / N⭐️ 3.6 (3)
City Life- Exclusive Resort Style Condo
$46,446
$270
47%
224$0✅✅❌Y / Y⭐️ 4.8 (6)
Gorgeous Corner Unit Panoramic Water Views
$83,448
$300
76%
224$0✅✅❌Y / Y⭐️ 5 (1)

Return Metrics

472.21% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$34,174$68,349$102,524$136,699$170,874$341,748$1,025,246
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$2,564$2,564$2,564$2,564$2,564$2,564$2,564
Down Payment$641$641$641$641$641$641$641
Property Appreciation$96$195$297$402$510$1,102$4,574
Total Return$37,476$71,749$106,026$140,306$174,589$346,056$1,033,025

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

472.21%

Cap Rate

1,073.04%

Return on Investment

473.97%

property-location

218 Nw 8th St Miami, FL, 33136

2 bed • 2 bath • 6 guests

Est. $15/mo

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Market Data

$55,254

Annual Revenue

This property is projected to be in the top 43% revenue percentile compared to similar properties nearby.
Projected nightly rate is $244/night at 62% occupancy.

Top 58% of comparables

Top 41% 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.

$58,231

Avg annual revenue

62%

Avg occupancy rate

$244

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

$50k

$80k

$115k

Sign up to see the data on 40 all comparables

$34,175

Profit

Revenue

$55,254

Operating Expenses

$20,863

Operating Income

$34,391

Mortgage & Taxes

$216

Profit (Cash Flow)

$34,175

$7,237

Cash Investment

Down Payment

$641

Renos & Furnishing

$6,500

Closing Costs

$96

Total

$7,237

DSCR Ratio

Strong

159.07

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

472.21%

Cap Rate

1,073.04%

Profit (Cummulative)

$34,175

$2,564

$6,500

$96

$0

Total Gain

$34,303

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

$152

Deductible property tax

$32

Your total deduction

-$32,960

Your adjusted annual income

$150,000 - -$32,960 = $182,960


Taxes on $182,960 (30%)

$54,888

Your old tax bill

$45,000

Your new tax bill

$54,888


Estimated tax savings

-$9,888

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com