BNBCalc Short Term Rental Investment Analysis 23 Francisco Drive, Santa Barbara, CA

4 bed • 4 bath • 12 guests • $4,707,000

BNB

Calc

Annual Revenue

$204,537

Profit (Cash Flow)

-$153,253

Cap Rate

3.5%

Annual Revenue

$204,537

AirDNA projects $667/night at 56% occupancy ($136,425). Airbtics projects $779/night at 56% occupancy ($159,334). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 56% occupancy rate, $1,000 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$69,185	$137,588	$279,880	$476,768
Occupancy	36%	56%	77%	91%
Nightly Rate	$517	$663	$976	$1,414

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Under the Oaks - Spa, Fire-pit, 10 min to beach	$155,964	$672	63%	4	3	1	$200	❌	✅	✅	Y / Y	⭐️ 5 (332)
Spacious Home Near Downtown and SB Mission	$73,110	$235	79%	4	2	1	$99	❌	❌	✅	N / Y	⭐️ 5 (98)
Private Pool Home on Superblooming Acre, Near town	$217,254	$1,039	56%	4	3	3	$448	✅	✅	✅	Y / Y	⭐️ 5 (34)
Villa Riviera - Luxury & Views on Lower Riviera	$126,838	$605	54%	4	4	3	$350	❌	✅	❌	Y / Y	⭐️ 5 (8)
Spacious home & LG Garden-near beach&downtown	$284,581	$1,750	44%	4	4	4	$280	❌	✅	✅	Y / Y	⭐️ 5 (76)
Beautiful and Historic Downtown Home in SB	$105,010	$385	69%	4	2	1	$199	❌	❌	✅	Y / Y	⭐️ 5 (101)
Beautiful and Cozy Downtown SB Cottage	$116,449	$393	77%	4	1	1	$144	❌	❌	✅	Y / Y	⭐️ 5 (156)
House with Private Park by Beach - Zipline PetsOK	$126,343	$607	56%	4	2	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (302)
The Craft House - Downtown Luxury 4-Bedroom Home	$332,376	$979	91%	4	5	2	$500	❌	❌	❌	Y / Y	⭐️ 5 (17)
Mid-Century with private pool and hot tub	$198,597	$811	65%	4	2	5	$300	✅	✅	❌	Y / Y	⭐️ 5 (28)
Home Away from Home with Hot Tub	$239,730	$655	100%	4	2	1	$0	❌	✅	❌	Y / Y	⭐️ 5 (55)
Architectural Downtown View home -4 bed/ 5 bath	$247,483	$1,500	45%	4	5	3	$360	❌	❌	❌	Y / Y	⭐️ 5 (6)
8ppl adobe w/studio w/jacuzzi -10 min 2 town	$201,221	$560	97%	4	2	1	$270	❌	✅	✅	Y / Y	⭐️ 4.5 (82)
Modern Ranch Home + Private Guest Suite! Uptown SB	$298,341	$1,060	76%	4	4	3	$275	❌	✅	✅	Y / Y	⭐️ 5 (36)
Casa Blanca Retreat - 10 people- Luxurious- Design	$308,965	$1,481	57%	4	4	2	$0	❌	✅	❌	Y / Y	⭐️ 5 (11)
Casa del Sol -Peaceful mid-century modern hideaway	$146,314	$463	85%	4	2	7	$250	❌	❌	❌	Y / Y	⭐️ 5 (113)
Spacious House near Down Town and SB Mission	$99,552	$400	68%	4	2	1	$0	❌	❌	✅	N / Y	⭐️ 4.9 (118)
Elegant Victorian Downtown-Steps to Cafes & Shops	$311,829	$951	89%	4	2	3	$695	❌	❌	✅	Y / Y	⭐️ 5 (2)
Stunning Home With Pool and Mountain Views!	$85,125	$593	37%	4	4.5	1	$1,133	✅	✅	✅	Y / Y	⭐️ 0 (2)
Serenity - Newly Remodeled with Epic Views!	$58,896	$447	36%	4	3.5	1	$554	❌	❌	❌	Y / Y	⭐️ 4.5 (13)
30 Day Minimum Stay-Ocean view home, Santa Barbara	$109,650	$532	52%	4	3	30	$350	❌	❌	❌	Y / Y	⭐️ 5 (12)
Spacious 4 bedroom home with panoramic views	$131,693	$353	100%	4	2	7	$250	❌	✅	❌	Y / Y	⭐️ 5 (10)
Stunning, Spacious Santa Barbara Retreat!	$356,850	$975	100%	4	5	7	$350	❌	✅	❌	Y / Y	⭐️ 5 (5)
Spacious 4 bedrm Home Downtown@Theatre Arts Dist	$167,672	$881	52%	4	2	30	$395	❌	❌	✅	Y / Y	⭐️ 5 (8)
Hummingbird Haven by AvantStay \| Backyard Oasis	$181,174	$839	59%	4	2	1	$0	❌	✅	✅	Y / Y	⭐️ 0 (0)
Modern Santa Barbara cottage w/ outdoor TV & fire	$52,515	$287	50%	4	2	30	$0	❌	❌	❌	Y / Y	⭐️ 5 (3)
Casa de Riviera - Tranquil Riviera Gem 30 Day+	$109,800	$1,000	30%	4	4.5	30	$675	❌	✅	❌	Y / Y	⭐️ 5 (17)
Tranqui-La - Resort Living on the Riviera	$165,138	$564	80%	4	5	30	$475	✅	✅	❌	Y / Y	⭐️ 0 (0)
NEW! Modern Home w/ Breathtaking Ocean Views & Spa	$77,887	$532	40%	4	3	1	$0	❌	✅	❌	Y / Y	⭐️ 0 (0)
Villa Robles	$60,673	$307	54%	4	3	31	$375	❌	✅	❌	Y / Y	⭐️ 0 (0)
Pacific Sunset - Luxury Estate with Ocean Views	$135,878	$538	69%	4	4	30	$500	✅	✅	❌	Y / Y	⭐️ 0 (1)
Unobstructed Ocean/Harbor Views in Santa Barbara!	$220,948	$784	77%	4	3	31	$385	❌	✅	✅	Y / Y	⭐️ 0 (0)

Return Metrics

-14.01% 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)	-$153,252	-$306,505	-$459,757	-$613,010	-$766,262	-$1,532,525	-$4,597,575
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,765,600	$3,765,600	$3,765,600	$3,765,600	$3,765,600	$3,765,600	$3,765,600
Down Payment	$941,400	$941,400	$941,400	$941,400	$941,400	$941,400	$941,400
Property Appreciation	$141,210	$286,656	$436,465	$590,769	$749,703	$1,618,814	$6,718,124
Total Return	$4,694,957	$4,687,151	$4,683,708	$4,684,759	$4,690,440	$4,793,289	$6,827,548

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-14.01%

Cap Rate

3.48%

Return on Investment

3.12%

23 Francisco Dr Santa Barbara, California, 93105

4 bed • 4 bath • 12 guests

Purchase Price

Est. $22,577/mo

Inquire about this property

Contact Agent

$4,707,000

Zestimate

Santa Barbara

Zoning

Laws

-49

Airbnb Investor Score

-$153,252

Annual Profit

3.5%

Cap Rate

-14.0%

Cash on Cash

$204,537

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $667/night at 56% occupancy.Projected nightly rate is $779/night at 56% occupancy.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 21% of comparables

Seasonality

40 Airbnb Comparables

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

$150,815

Avg annual revenue

56%

Avg occupancy rate

$779

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

$40k

$145k

$245k

$360k

-$153,253

Profit

Revenue

$204,537

Operating Expenses

$40,270

Operating Income

$164,267

Mortgage & Taxes

$317,519

Profit (Cash Flow)

-$153,253

$1,093,610

Cash Investment

Down Payment

$941,400

Renos & Furnishing

$11,000

Closing Costs

$141,210

Total

$1,093,610

DSCR Ratio

Weak

0.52

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-14.01%

Cap Rate

3.48%

Return on Investment

3.12%

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

$223,399

Deductible property tax

$46,599

Your total deduction

$621,085

Your adjusted annual income

$150,000 - $621,085 = -$471,085

Taxes on -$471,085 (30%)

-$141,325

Your old tax bill

$45,000

Your new tax bill

-$141,325

Estimated tax savings

$186,325

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:

1.05 sqft

Year built:

1962

Size:

3,037 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 1.05 sqft

Building area: 3,037 sqft

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: $1,549

Lot Info

Zoning: -

Land Use: -

Parcel Number: 055141042

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $3,431,045

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $4,707,000

Schools

High School: Santa Barbara Senior High School with 6/10 star rating