BNBCalc Short Term Rental Investment Analysis 223 Saratoga Rd

1 bed • 1 bath • 3 guests • $348,000

BNB

Calc

Annual Revenue

$164,360

Profit (Cash Flow)

$100,831

Cap Rate

37.2%

Annual Revenue

$164,360

AirDNA projects $377/night at 64% occupancy ($88,126). Airbtics projects $287/night at 87% occupancy ($91,197). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 90% occupancy rate, $500 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$59,460	$92,042	$112,806	$167,157
Occupancy	86%	94%	96%	99%
Nightly Rate	$187	$264	$315	$453

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Waikiki 1 Bdrm/2bath and Amenities PLUS+	$61,499	$278	60%	1	2	1	$150	✅	✅	❌	Y / Y	⭐️ 4.9 (62)
Waikiki Shore Oceanfront Condo 200 parking incl.	$155,192	$459	92%	1	2	1	$195	✅	✅	❌	Y / Y	⭐️ 5 (36)
Hawaiian Condo Suite	$89,077	$283	86%	1	2	7	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (2)
Beachside Bliss: Steps to the Sand legal rental	$50,017	$137	98%	1	1	2	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (237)
Beachfront/Ocean, Parking - Waikiki Shore #1208	$109,649	$304	98%	1	1	3	$304	❌	❌	❌	Y / Y	⭐️ 5 (35)
Partial Ocean & Sunset Views! Waikiki Shore #408	$146,631	$420	94%	1	1	3	$304	❌	❌	❌	Y / Y	⭐️ 5 (22)
Ocean views, steps from beach! Waikiki Shore #1310	$162,786	$453	98%	1	1	3	$304	❌	❌	❌	Y / Y	⭐️ 4.8 (5)
Waikiki Shore #616 Modern Beachfront in Waikiki	$110,547	$312	96%	1	1	3	$230	❌	❌	❌	Y / Y	⭐️ 4.9 (87)
Niihau : Steps to Beach, Shop, & Restaurants 902	$57,945	$175	90%	1	1	3	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (47)
Great Location! Short walk - Beach,Shop,Dine #704	$37,240	$141	71%	1	1	3	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (204)
Come to the Ni'ihau in Waikiki #602	$42,983	$171	67%	1	1	3	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (202)
ONE-Block from World Famous Waikiki Beach! NH802	$93,047	$257	96%	1	1	3	$274	❌	❌	❌	Y / Y	⭐️ 4.8 (19)
Tropical Shangri-La in Waikiki •1 Block from Beach	$96,875	$274	96%	1	1	2	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (179)
Beachfront 1-bedroom on Waikiki Beach!	$75,988	$212	96%	1	1	1	$250	❌	❌	❌	Y / Y	⭐️ 5 (21)
Waikiki Beach Apartment with Ocean View	$33,174	$89	100%	1	1	1	$200	✅	✅	❌	Y / Y	⭐️ 4.7 (149)
Beachfront, Sweeping 14th-Flr OCEAN VIEWS! WS1408	$114,269	$312	99%	1	1	3	$304	❌	❌	❌	Y / Y	⭐️ 4.8 (22)
(((Upgraded June.2021!))) 1 Bedroom oceanview	$116,137	$364	86%	1	1	2	$195	❌	❌	✅	Y / Y	⭐️ 4.9 (101)
Steps to the Beach, Shop, Restaurants Ni'ihau 903	$58,022	$181	86%	1	1	3	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (95)
Six Thousand Waves	$90,982	$247	100%	1	1	2	$145	❌	❌	❌	Y / Y	⭐️ 5 (364)
Ocean view studio w pool access on Waikiki beach	$93,344	$275	92%	1	1	1	$185	✅	❌	❌	Y / Y	⭐️ 4.8 (11)
Beautiful Ocean Views w/ Spacious Lanai #1016	$169,906	$500	92%	1	1	2	$378	❌	❌	❌	Y / Y	⭐️ 5 (2)
Beach front 1 BDR, FREE parking (WS208)	$65,067	$178	97%	1	1	1	$261	❌	❌	❌	Y / Y	⭐️ 4.6 (43)
Ocean and Sunset Views Condo at the Waikiki Shore	$114,816	$315	96%	1	1	1	$185	❌	❌	❌	Y / Y	⭐️ 4.8 (36)
Steps to white sandy Waikiki Beach and park views	$245,741	$884	75%	1	1	2	$378	❌	❌	❌	Y / Y	⭐️ 4.5 (2)
Iconic Waikiki Beach Views w/ Stunning Sunsets!	$58,870	$339	43%	1	1	2	$378	❌	❌	❌	Y / Y	⭐️ 4.7 (3)
Ocean & Park Views at Waikiki Shore w/Beach Access	$50,840	$146	90%	1	1	1	$185	❌	❌	❌	Y / Y	⭐️ 4.8 (37)
Beachfront Rare Waikiki Shore Condo w/Beach Access	$90,010	$252	95%	1	1	1	$185	✅	❌	❌	Y / Y	⭐️ 4.4 (22)
Awesome Beach Front Studio w/ Great Ocean Views	$63,224	$172	100%	1	1	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (41)
Brand New 1 bedroom Waikiki, block from Ocean	$79,385	$247	86%	1	1	2	$150	❌	❌	❌	N / Y	⭐️ 4.8 (48)
Partial Ocean View 2 QB Reef Waikiki Beach Resort	$41,428	$343	33%	1	1	1	$0	✅	❌	✅	N / Y	⭐️ 5 (1)
Steps from Waikiki beach Studio(can sleep 3-4)	$74,298	$233	83%	1	1	7	$100	✅	❌	❌	Y / Y	⭐️ 5 (3)
Remodeled! Ocean View! Washer/Dryer! Wi-Fi! WS1110	$93,784	$263	95%	1	1	3	$304	❌	❌	❌	Y / Y	⭐️ 4.7 (17)
Waikiki Shore #1010 Beachfront View! A/C!	$90,447	$259	94%	1	1	3	$304	❌	❌	❌	Y / Y	⭐️ 5 (18)
Awesome Beach Front Studio. Spectacular Ocean View	$67,930	$190	97%	1	1	3	$145	❌	❌	❌	Y / Y	⭐️ 5 (2)
Heart of Waikiki! Lower Floor! Sleeps 4! RBW32	$106,807	$316	91%	1	1	3	$284	❌	❌	❌	Y / Y	⭐️ 4.9 (21)
Fabulous 1 bedroom in Waikiki, HI	$136,012	$625	59%	1	1	2	$119	✅	✅	❌	Y / Y	⭐️ 4.8 (4)
Beachfront, peak-a-boo Ocean Views, AC! WS308	$98,587	$273	96%	1	1	3	$304	❌	❌	❌	Y / Y	⭐️ 4.9 (23)
Heart of Waikiki! 1 Block to Beach! Parking! NH304	$86,250	$245	94%	1	1	3	$274	❌	❌	❌	Y / Y	⭐️ 5 (3)
Heart of Waikiki! 1 Block to Beach! Niihau #203	$96,082	$266	95%	1	1	3	$274	❌	❌	❌	Y / Y	⭐️ 5 (2)
ONE Block to Waikiki Beach! Fully Renovated! NH804	$47,397	$129	99%	1	1	3	$274	❌	❌	❌	Y / Y	⭐️ 4.6 (5)

Return Metrics

943.22% 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)	$100,830	$201,661	$302,491	$403,322	$504,152	$1,008,305	$3,024,917
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$348,000	$348,000	$348,000	$348,000	$348,000	$348,000	$348,000
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$10,440	$21,193	$32,268	$43,677	$55,427	$119,682	$496,687
Total Return	$459,270	$570,854	$682,760	$794,999	$907,580	$1,475,988	$3,869,605

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

943.22%

Cap Rate

37.15%

Return on Investment

1,080.86%

223 Saratoga Rd Honolulu, Hawaii, 96815-1942

1 bed • 1 bath • 3 guests

Purchase Price

Est. $1,669/mo

Inquire about this property

Contact Agent

$1,870,700

Zestimate

Honolulu

Guide

Zoning

Market

Guide

Laws

Market Data

$164,360

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $377/night at 64% occupancy.Projected nightly rate is $287/night at 87% occupancy.

Occupancy Rate

Top 68% of comparables

Avg Daily Rate

Top 6% of comparables

Seasonality

40 Airbnb Comparables

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

$91,807

Avg annual revenue

87%

Avg occupancy rate

$287

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

$100k

$170k

$245k

$100,831

Profit

Revenue

$164,360

Operating Expenses

$35,047

Operating Income

$129,313

Mortgage & Taxes

$28,482

Profit (Cash Flow)

$100,831

$10,690

Cash Investment

Down Payment

Renos & Furnishing

$250

Closing Costs

$10,440

Total

$10,690

DSCR Ratio

Strong

4.54

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

943.22%

Cap Rate

37.15%

Return on Investment

1,080.86%

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

$20,646

Deductible property tax

$3,445

Your total deduction

-$67,199

Your adjusted annual income

$150,000 - -$67,199 = $217,199

Taxes on $217,199 (30%)

$65,160

Your old tax bill

$45,000

Your new tax bill

$65,160

Estimated tax savings

-$20,160

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:

2009

Size:

2,050 sqft

Type:

CONDO

Parking:

Heating:

Central

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Year Built	Last Sale	Days on Market
223 Saratoga Rd	1	2	1,128	-	2009	$0	-
223 Saratoga Rd	2	3	1,665	-	2009	$2,100,000	-
223 Saratoga Rd	2	3	1,665	-	2009	$0	-
223 Saratoga Rd	2	3	1,542	-	2009	$1,300,000	-
223 Saratoga Rd	1	2	1,128	-	2009	$0	-
223 Saratoga Rd	1	2	1,138	-	2009	$1,320,000	-
223 Saratoga Rd	1	2	1,027	-	2009	$1,270,000	-
223 Saratoga Rd	-	1	355	-	2009	$340,000	-
223 Saratoga Rd	-	1	562	-	2009	$0	-
223 Saratoga Rd	-	1	355	-	2009	$316,000	-

Property Details

MLS Status: N/A

Property Use: Condominium Unit (Residential)

Stories: 1

Lot size: -

Building area: 2,050 sqft

Garage: No

Heating: Central

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 1-2-6-003-061-0350

Flood Zone: Yes, Zone

Tax Info

Year Assessed: 2023

Assessed Value: $3,338,800

County Est. Land Value: $1,176,200

Assessed Land Value: $1,176,200

County Est. Structure Value: $2,162,600

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
01/04/17	$0	0%	Lava International Inc

Ownership

Name: Lava International Inc

Owner Occupied: No

Owner Mailing Address: 1-2-3-11f Kita Aoyama,

Years Owned: 92

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No