BNBCalc Short Term Rental Investment Analysis 228 Dove Cottage Ln, Cary, NC 27519

3 bed • 3 bath • 9 guests • $389,000

BNB

Calc

Annual Revenue

$42,496

Profit (Cash Flow)

-$2,949

Cap Rate

6.0%

Annual Revenue

$42,496

AirDNA projects $222/night at 59% occupancy ($47,839). Airbtics projects $179/night at 65% occupancy ($42,496). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 65% occupancy rate, $179 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$31,349	$41,924	$54,342	$84,199
Occupancy	59%	66%	71%	81%
Nightly Rate	$138	$163	$197	$270

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Luxurious Private Home w/Game Room @ Heart of RTP!	$59,674	$218	71%	3	3	2	$175	✅	❌	❌	Y / Y	⭐️ 4.8 (31)
Comfy Casa- Close to RDU & RTP	$40,034	$152	66%	3	3	2	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (84)
Spacious 3 Bed Room House in RTP	$22,338	$164	35%	3	4	2	$70	❌	❌	❌	Y / Y	⭐️ 4.9 (230)
Game Room \| RDU Airport \| Shopping \| Duke \| UNC	$44,395	$170	67%	3	3	2	$150	✅	❌	✅	Y / Y	⭐️ 4.9 (102)
3 Bed Stylish, Bright, Peaceful South Durham Home	$57,801	$164	92%	3	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (50)
Family Friendly Home Close to trails in Cary	$34,668	$148	64%	3	3	2	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (110)
Family Gem: Near Airport ~ Yard ~ Pets, Porch	$43,103	$161	68%	3	3	1	$150	❌	❌	✅	Y / Y	⭐️ 4.9 (25)
Cozy & Convenient to Everything	$34,268	$155	57%	3	3	2	$100	✅	❌	❌	Y / Y	⭐️ 5 (48)
*Spacious King Suite- central to Duke/UNC/Airport	$29,072	$169	47%	3	3	2	$0	✅	❌	❌	Y / Y	⭐️ 4.6 (180)
Entire house in great location	$40,349	$152	67%	3	3	3	$175	❌	❌	✅	Y / Y	⭐️ 4.8 (30)
The BIG House w Fire Pit/Fenced/Garage/RDU 6mi.	$53,596	$164	89%	3	3	2	$10	✅	❌	✅	Y / Y	⭐️ 4.9 (72)
Sleeps 8! 3BR, Family & Pet-Friendly New Townhome!	$35,392	$140	63%	3	3	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (28)
Luxe Oasis \| 5* Location, BBQ, Pools, Gym, Pet OK	$65,825	$194	91%	3	3	27	$220	✅	❌	✅	Y / Y	⭐️ 5 (15)
NEW! Beautiful 4 Bed Cozy Home! RDU & Chapel Hill!	$32,070	$100	81%	3	3	1	$125	❌	❌	✅	Y / Y	⭐️ 4.7 (52)
Spacious 3 Bedroom Beauty near RTP and RDU	$36,955	$131	70%	3	3	2	$140	❌	❌	❌	Y / Y	⭐️ 4.7 (154)
Lovely Morrisville Home w/ Patio & Gas Grill!	$92,749	$415	58%	3	3	2	$160	❌	❌	❌	Y / Y	⭐️ 4.8 (61)
Pristine Cary Cottage-5 miles to RDU-Prime Area	$53,169	$187	71%	3	3	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (52)
Midcentury Meets Morrisville Minutes to RDU	$38,312	$175	54%	3	1	2	$180	❌	❌	✅	Y / Y	⭐️ 5 (17)
3 Bedroom Brick Ranch on 2 acres	$36,783	$119	75%	3	1	1	$135	❌	❌	✅	Y / Y	⭐️ 4.8 (31)
Spacious w/ garage & work space	$33,764	$118	66%	3	3	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (41)
Spacious 3BR Home Close to Airport & Universities	$30,426	$163	51%	3	3	1	$0	❌	✅	✅	Y / Y	⭐️ 4.7 (20)
Quiet 3 Bedroom home on a cul-de-sac	$33,165	$135	61%	3	3	2	$125	❌	❌	❌	Y / Y	⭐️ 4.6 (59)
Downtown Cary!Gorgeous 3 bedroom/3.5 bath twnhouse	$61,440	$221	72%	3	4	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (118)
3bd Lake pool access near Duke UNC Southpoint	$28,274	$122	62%	3	3	3	$100	✅	❌	❌	Y / Y	⭐️ 4.8 (106)
Modern house in a great area!	$37,513	$195	52%	3	3	2	$30	❌	❌	✅	Y / Y	⭐️ 4.8 (7)
House with the pink door	$60,170	$251	63%	3	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (31)
Newly Renovated Modern Home in Cary	$74,690	$333	59%	3	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (8)
Centrally Located Family Home in Morrisville	$33,046	$152	55%	3	3	5	$120	❌	❌	❌	Y / Y	⭐️ 4.8 (120)
Cary home with first floor Primary bed/bath	$72,664	$286	68%	3	3	3	$175	❌	❌	❌	Y / Y	⭐️ 4.7 (70)
Charming 3 bedroom/sleeps 6 in Downtown Cary!*	$65,304	$251	69%	3	1	3	$155	❌	❌	❌	Y / Y	⭐️ 5 (27)
NEW Luxury Modern Home 3BR/2.5BA close to RTP	$34,055	$120	74%	3	3	2	$150	✅	❌	✅	Y / N	⭐️ 5 (6)
Private House One Level 3 BR Close to Everything!	$29,781	$109	69%	3	1	2	$110	❌	❌	❌	Y / Y	⭐️ 4.6 (34)
Stylish living close to RTP, UNC, & Duke!	$32,338	$124	62%	3	2	1	$120	❌	❌	❌	Y / Y	⭐️ 4.9 (226)
Updated + Pet-Friendly Morrisville Retreat!	$74,061	$269	71%	3	2	2	$165	❌	❌	✅	Y / Y	⭐️ 4.9 (21)
Full Home Cheerful 3-bedroom Ranch	$26,797	$110	62%	3	2	2	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (73)
Historic Durham Family Home w/ Expansive Yard	$50,044	$282	45%	3	2	2	$176	❌	❌	❌	Y / Y	⭐️ 4.5 (18)
Charming Southern Home with Large Yard	$34,636	$148	60%	3	2	2	$100	❌	❌	✅	Y / Y	⭐️ 4.5 (157)
Serene Blu Cary Ranch, 9 mi RDU airport	$50,858	$204	65%	3	2	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (95)
Cozy Casita minutes to Downtown And Jordan Lake!	$43,086	$150	69%	3	2	2	$160	❌	❌	❌	Y / Y	⭐️ 4.8 (109)
Woodcroft Home near RDU/UNC/Duke	$59,034	$166	94%	3	3	3	$80	❌	❌	✅	Y / Y	⭐️ 5 (22)

Return Metrics

-3% 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)	-$2,949	-$5,898	-$8,847	-$11,796	-$14,745	-$29,490	-$88,472
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$311,200	$311,200	$311,200	$311,200	$311,200	$311,200	$311,200
Down Payment	$77,800	$77,800	$77,800	$77,800	$77,800	$77,800	$77,800
Property Appreciation	$11,670	$23,690	$36,070	$48,822	$61,957	$133,783	$555,205
Total Return	$397,720	$406,791	$416,223	$426,026	$436,212	$493,292	$855,732

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-3%

Cap Rate

5.98%

Return on Investment

12.76%

228 Dove Cottage Ln Cary, NC, 27519

3 bed • 3 bath • 9 guests

Purchase Price

Est. $1,866/mo

This property is for sale!

Contact Agent

Airbnb Investor Score

-$2,949

Annual Profit

6.0%

Cap Rate

-3.0%

Cash on Cash

$42,496

Annual Revenue

BNBCalc predicts this property will get $179 per night with 65% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 33% of comparables

Seasonality

40 Airbnb Comparables

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

$45,392

Avg annual revenue

65%

Avg occupancy rate

$179

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

$20k

$45k

$70k

$95k

-$2,949

Profit

Revenue

$42,496

Operating Expenses

$19,204

Operating Income

$23,292

Mortgage & Taxes

$26,241

Profit (Cash Flow)

-$2,949

$98,220

Cash Investment

Down Payment

$77,800

Renos & Furnishing

$8,750

Closing Costs

$11,670

Total

$98,220

DSCR Ratio

Weak

0.89

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-3%

Cap Rate

5.98%

Return on Investment

12.76%

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

$18,462

Deductible property tax

$3,851

Your total deduction

$42,694

Your adjusted annual income

$150,000 - $42,694 = $107,306

Taxes on $107,306 (30%)

$32,192

Your old tax bill

$45,000

Your new tax bill

$32,192

Estimated tax savings

$12,808

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:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: No

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -