BNBCalc Short Term Rental Investment Analysis 24 Mark's Path, Ocracoke, NC, 27960

1 bed • 1 bath • 2 guests • $275,000

BNB

Calc

Report by:

bryanbrightbill@gmail.com

Annual Revenue

$49,344

Profit (Cash Flow)

$10,699

Cap Rate

10.6%

Annual Revenue

$49,344

AirDNA projects $174/night at 61% occupancy ($38,766). Airbtics projects $193/night at 70% occupancy ($49,344). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 70% occupancy rate, $193 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$33,381	$47,123	$74,144	$90,346
Occupancy	57%	70%	83%	90%
Nightly Rate	$158	$182	$242	$272

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Surf Bus	$26,489	$77	92%	1	0	2	$40	❌	❌	✅	N / Y	⭐️ 5 (163)
Southpaw	$21,148	$146	38%	1	0	1	$45	❌	❌	❌	N / Y	⭐️ 4.8 (31)
Cabana #1, 84 Sunset Dr, Ocracoke Island, NC	$44,408	$158	76%	1	1	1	$70	✅	❌	❌	Y / Y	⭐️ 5 (113)
SwellShack! Boutique Couples Hideaway	$38,982	$118	89%	1	1	2	$99	❌	❌	✅	Y / Y	⭐️ 5 (191)
SurfShanty! New Tiny Home Escape	$53,144	$165	88%	1	1	2	$0	❌	❌	❌	N / Y	⭐️ 5 (99)
Romantic Cozy Island Cottage	$35,716	$148	65%	1	1	2	$75	❌	❌	❌	Y / Y	⭐️ 4.9 (85)
Cabana #2, 84 Sunset Dr, Ocracoke NC	$38,655	$182	57%	1	1	1	$70	✅	❌	❌	Y / Y	⭐️ 5 (168)
Cabana #4, 84 Sunset Dr, Ocracoke Island, NC	$41,245	$182	61%	1	1	1	$70	✅	❌	❌	Y / Y	⭐️ 5 (158)
Cabana #3, 84 Sunset Dr, Ocracoke NC	$41,943	$158	72%	1	1	1	$70	✅	❌	❌	Y / Y	⭐️ 5 (183)
CV2B-1 Bed/1 Bath (2 Bed) Condo w/pool & Sauna	$27,474	$180	41%	1	1	2	$70	✅	❌	❌	N / Y	⭐️ 4.9 (30)
Two Fish Cozy Island Cottage	$62,691	$248	68%	1	1	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (37)
At Last on Ocracoke Island	$44,660	$178	68%	1	1	5	$75	❌	❌	✅	Y / Y	⭐️ 5 (68)
Ocracoke Seashell A Villa	$57,339	$286	54%	1	1	3	$60	✅	❌	✅	Y / Y	⭐️ 5 (18)
Cozy Island Hideaway for 2 - Beach Gear Provided	$37,731	$118	83%	1	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (47)
CR60: Treehouse Charlie Unique Cottage with a View	$56,393	$214	72%	1	2	1	$0	❌	❌	❌	Y / N	⭐️ 0 (2)
CR48: Villa 1 Pet Friendly	$42,098	$162	71%	1	1	1	$0	❌	❌	✅	Y / N	⭐️ 3 (2)
SV37: Captain Reid's Devereux	$50,947	$232	60%	1	1	1	$0	❌	❌	❌	Y / N	⭐️ 0 (1)
WP25: Corinne's Upstairs	$59,292	$180	90%	1	1	1	$0	❌	❌	✅	Y / N	⭐️ 0 (1)
CV2A- Bright 1st floor condo unit w/shared pool!	$48,895	$238	55%	1	1	2	$70	✅	❌	❌	Y / Y	⭐️ 5 (26)
Lovely apartment located above the coffee shop	$34,194	$185	50%	1	1	3	$119	❌	❌	❌	Y / Y	⭐️ 4.9 (57)
CR57: Rosemary Cottage- First Floor with King Bed	$62,256	$243	70%	1	1	1	$0	❌	❌	❌	Y / N	⭐️ 0 (2)
NP14: Uncle Milton's House	$97,512	$321	83%	1	1	1	$0	❌	❌	✅	Y / N	⭐️ 0 (1)
A Couples Hideout on Ocracoke	$26,352	$72	100%	1	1	2	$0	❌	❌	❌	N / Y	⭐️ 5 (483)
SV35: A G-Nome Home (formerly Gnome Home)	$59,483	$239	68%	1	1	1	$0	❌	❌	❌	Y / N	⭐️ 0 (1)
WP32: Willis Garden	$64,827	$246	72%	1	1	1	$0	❌	❌	✅	Y / N	⭐️ 4 (1)
CR56: Live Oak Cottage- Perfect Couples Getaway	$95,922	$273	96%	1	1	1	$0	❌	❌	❌	Y / N	⭐️ 0 (1)
S'more than camping	$37,199	$121	84%	1	1	2	$0	❌	❌	❌	N / Y	⭐️ 0 (19)
DC20: The L-Historic Howard St. with Dock	$74,823	$269	76%	1	1	1	$0	❌	❌	❌	Y / N	⭐️ 0 (1)
Wilson’s Place	$38,116	$186	56%	1	1	3	$0	❌	❌	❌	Y / N	⭐️ 0 (1)
IR40: Loon's Loft-Perfect for Couples!	$56,749	$272	57%	1	1	1	$0	✅	❌	❌	Y / N	⭐️ 0 (0)

Return Metrics

15.85% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$10,699	$21,398	$32,097	$42,796	$53,495	$106,990	$320,971
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,701	$5,569	$8,615	$11,848	$15,280	$35,891	$220,000
Down Payment	$55,000	$55,000	$55,000	$55,000	$55,000	$55,000	$55,000
Property Appreciation	$8,250	$16,747	$25,499	$34,514	$43,800	$94,577	$392,497
Total Return	$76,650	$98,715	$121,212	$144,159	$167,576	$292,458	$988,468

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

15.85%

Cap Rate

10.63%

Return on Investment

32.07%

24 Mark's Path Ocracoke, North Carolina, 27960

1 bed • 1 bath • 2 guests

Purchase Price

Est. $1,319/mo

Inquire about this property

Contact Agent

$49,344

Annual Revenue

BNBCalc predicts this property will get $193 per night with 70% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

30 Airbnb Comparables

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

$48,549

Avg annual revenue

70%

Avg occupancy rate

$192

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

$100k

$10,699

Profit

Revenue

$49,344

Operating Expenses

$20,095

Operating Income

$29,250

Mortgage & Taxes

$18,551

Profit (Cash Flow)

$10,699

$67,500

Cash Investment

Down Payment

$55,000

Renos & Furnishing

$4,250

Closing Costs

$8,250

Total

$67,500

DSCR Ratio

Strong

1.58

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

15.85%

Cap Rate

10.63%

Return on Investment

32.07%

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

$13,052

Deductible property tax

$2,722

Your total deduction

$17,131

Your adjusted annual income

$150,000 - $17,131 = $132,869

Taxes on $132,869 (30%)

$39,861

Your old tax bill

$45,000

Your new tax bill

$39,861

Estimated tax savings

$5,139

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