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BNBCalc Short Term Rental Investment Analysis 2300 Cloister Dr, Charlotte, NC, 28211

4 bed • 3 bath • 12 guests • $1,262,700

BNB

Calc

Annual Revenue

$69,060

Profit (Cash Flow)

-$38,775

Cap Rate

3.7%

Annual Revenue

$69,060

AirDNA projects $297/night at 63% occupancy ($68,340). Airbtics projects $326/night at 58% occupancy ($69,060). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 58% occupancy rate, $326 rate per night.

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

Percentiles25%50%75%90%
Revenue$36,837$63,435$102,388$139,422
Occupancy44%61%76%80%
Nightly Rate$219$275$357$461

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Private POOL + KID friendly home near City Center

No image available

$81,009
$295
70%
42.52$200✅❌✅Y / Y⭐️ 5 (80)
Spacious 4BR in Prime Location!

No image available

$86,846
$304
76%
435$160❌❌✅Y / Y⭐️ 4.5 (38)
Modern touch at Cotswold, 10 mins from Center City

No image available

$40,850
$254
42%
432$200❌❌✅Y / Y⭐️ 5 (114)
Luxe/Private Villa Ranch w/King Suite-South CLT!

No image available

$55,362
$236
58%
432$175❌❌✅Y / Y⭐️ 5 (40)
Modern Charlotte Home ~ 4 Mi to Downtown!

No image available

$49,539
$262
47%
43.52$232❌❌✅Y / Y⭐️ 4.5 (28)
Rustic/Modern style Ranch in South CLT-King Suite!

No image available

$81,384
$321
67%
42.51$165❌❌✅Y / Y⭐️ 5 (39)
Modern Luxury *4BR Retreat w/ King Bed* Bonus TVs

No image available

$53,499
$174
80%
432$230❌❌❌Y / Y⭐️ 5 (73)
4BR House located minutes from Uptown Charlotte!

No image available

$22,610
$92
61%
425$89❌❌✅Y / Y⭐️ 4.5 (312)
Family Home In Cozy Neighborhood Cul-de-Sac

No image available

$44,203
$198
58%
433$250❌❌✅Y / Y⭐️ 5 (29)
Modern/Luxe style-2 Master en suite-South CLT!

No image available

$85,898
$309
73%
432$185❌❌✅Y / Y⭐️ 5 (10)
Vintage Industrial Style 4BRHome

No image available

$69,580
$291
63%
432$225❌❌✅Y / Y⭐️ 5 (54)
Beautiful wooded home in Popular SouthPark

No image available

$66,206
$225
76%
42.53$231❌❌✅Y / Y⭐️ 4.5 (55)
Centrally Located Spacious Abode

No image available

$40,405
$203
52%
42.52$160❌❌✅Y / Y⭐️ 5 (18)
Charming 4 BR in Great Location - SouthPark

No image available

$82,810
$271
81%
433$231❌❌✅Y / Y⭐️ 5 (13)
Photographers Dream Day Rate Only Upon Approval

No image available

$79,426
$561
38%
431$150❌❌✅Y / Y⭐️ 5 (1)
The Eastover Estate

No image available

$82,557
$407
54%
42.53$150❌❌✅Y / Y⭐️ 5 (38)
Getaway on the Greenway

No image available

$29,975
$139
54%
421$150❌❌✅Y / Y⭐️ 5 (570)
Close to CLT Uptown & Hospital-Well Stocked House

No image available

$45,179
$152
78%
42.53$100❌❌❌Y / Y⭐️ 5 (112)
SouthPark Hideaway w/ Deck

No image available

$28,987
$198
40%
432$0❌❌❌Y / Y⭐️ 4.5 (15)
Charming Lil' Castle Weddings-Filming-Photography

No image available

$177,059
$1,337
36%
432$150❌❌✅Y / Y⭐️ 5 (14)
Charming Cotswold Lil’ Castle Close to Uptown

No image available

$56,869
$448
34%
433$150❌❌✅Y / Y⭐️ 4.8 (55)
Urban Haven: House + Garage Studio + Game Room!

No image available

$79,389
$261
77%
433$250❌❌✅Y / Y⭐️ 0 (2)
Large Groups°BBQ°W/D°10min Airport°10 min Uptown

No image available

$56,261
$213
66%
421$150❌❌✅Y / Y⭐️ 4.8 (13)
Beautiful Home close to Uptown, Fine Dining & Golf

No image available

$54,877
$357
42%
422$0❌❌✅Y / Y⭐️ 5 (9)
Charm of Southpark - 4 Beds & Backyard

No image available

$70,439
$220
83%
42.52$231❌❌✅Y / Y⭐️ 5 (14)
Remodeled 4 Bed/3 Bath Home | Fast Wifi

No image available

$54,386
$165
88%
435$165❌❌✅Y / Y⭐️ 5 (19)
New Listing Sunset Villa -10min to Uptwn - Pets OK

No image available

$68,414
$252
71%
432$360❌❌✅Y / Y⭐️ 4 (1)
Spacious Executive Home in Myers Park Near Uptown

No image available

$121,425
$638
52%
44.52$0❌❌❌Y / Y⭐️ 5 (13)
Big 4 Bedroom all King Beds. Wonderful Area.

No image available

$75,564
$279
74%
42.52$0❌❌❌Y / Y⭐️ 5 (4)
The Queen City Plant House

No image available

$94,263
$395
62%
42.52$150❌❌❌Y / Y⭐️ 5 (10)
Myers Park Getaway!

No image available

$110,481
$387
78%
432$275❌❌✅Y / Y⭐️ 4.9 (8)
CLT Home in the heart Southpark!

No image available

$46,643
$216
59%
432$0❌❌✅Y / Y⭐️ 4.8 (22)
4BR in Dilworth-POOL-Gym, Uptown/SouthEnd/Stadium

No image available

$61,136
$261
64%
432$0✅❌❌Y / Y⭐️ 5 (17)
Spacious 4 BDR | Barclay Downs | Full Backyard

No image available

$49,246
$299
45%
4322$350❌❌✅Y / Y⭐️ 4.5 (3)
800 Magnolia: 2 Units, Chic 4BR w/ Porch

No image available

$94,238
$316
80%
422$200❌❌✅Y / Y⭐️ 0 (0)
Spacious 4BR in Cotswold w/ Deck

No image available

$86,841
$272
81%
432$195❌❌✅Y / Y⭐️ 4.8 (47)

Return Metrics

-12.87% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$38,775-$77,550-$116,325-$155,101-$193,876-$387,752-$1,163,258
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$1,010,160$1,010,160$1,010,160$1,010,160$1,010,160$1,010,160$1,010,160
Down Payment$252,540$252,540$252,540$252,540$252,540$252,540$252,540
Property Appreciation$37,881$76,898$117,086$158,479$201,115$434,263$1,802,204
Total Return$1,261,805$1,262,047$1,263,460$1,266,078$1,269,939$1,309,210$1,901,646

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-12.87%

Cap Rate

3.67%

Return on Investment

3.82%

property-location

2300 Cloister Dr Charlotte, North Carolina, 28211

4 bed • 3 bath • 12 guests

Est. $6,056/mo

Agent

Inquire about this property

Contact Agent

$1,262,700

Zestimate

Charlotte

Guide

Zoning

Market

Guide


Laws


Market Data

-45

Airbnb Investor Score

-$38,775

Annual Profit

3.7%

Cap Rate

-12.9%

Cash on Cash

$69,060

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $297/night at 63% occupancy.Projected nightly rate is $326/night at 58% occupancy.

Top 58% of comparables

Top 28% 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.

$65,848

Avg annual revenue

58%

Avg occupancy rate

$326

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

$70k

$125k

$180k

Sign up to see the data on 40 all comparables

-$38,775

Profit

Revenue

$69,060

Operating Expenses

$22,658

Operating Income

$46,402

Mortgage & Taxes

$85,178

Profit (Cash Flow)

-$38,775

$301,171

Cash Investment

Down Payment

$252,540

Renos & Furnishing

$10,750

Closing Costs

$37,881

Total

$301,171

DSCR Ratio

Weak

0.54

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-12.87%

Cap Rate

3.67%

Profit (Cummulative)

-$38,775

$1,010,160

$10,750

$37,881

$0

Total Gain

$11,511

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

$59,929

Deductible property tax

$12,501

Your total deduction

$165,352

Your adjusted annual income

$150,000 - $165,352 = -$15,352


Taxes on -$15,352 (30%)

-$4,606

Your old tax bill

$45,000

Your new tax bill

-$4,606


Estimated tax savings

$49,606

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:

1.04 sqft

Year built:

1956

Size:

3,829 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Forced Air, Natural Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: -
  • Lot size: 1.04 sqft
  • Building area: 3,829 sqft
  • Garage: No
  • Heating: Forced air, natural gas
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air
  • View: -
  • Parking: Attached Carport, Driveway
  • Amenities: Convection Oven, Dishwasher, Exhaust Hood, Gas Range, Refrigerator, Warming Drawer
  • Price per square foot: $329

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 18309219
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $1,048,900
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $1,262,700


Schools

  • Middle School: Alexander Graham Middle with 2/10 star rating
  • High School: Myers Park High with 7/10 star rating

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