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BNBCalc Short Term Rental Investment Analysis 2494 Etiwan Ave, Charleston, SC, 29414

2 bed • 1.5 bath • 6 guests • $212,600

BNB

Calc

Annual Revenue

$39,972

Profit (Cash Flow)

$6,755

Cap Rate

9.9%

Annual Revenue

$39,972

AirDNA projects $141/night at 98% occupancy ($50,469). Airbtics projects $152/night at 72% occupancy ($39,972). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 72% occupancy rate, $152 rate per night.

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

Percentiles25%50%75%90%
Revenue$25,196$36,382$56,997$75,340
Occupancy60%76%82%90%
Nightly Rate$114$129$186$224

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Private Backyard With Fire Pit, 15 Min to Downtown

No image available

$45,775
$128
93%
221$100❌❌✅Y / Y⭐️ 5 (163)
Waterfront Treehouse

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$73,233
$276
72%
212$125❌❌❌Y / Y⭐️ 5 (92)
Captain's Quarters

No image available

$76,102
$291
71%
22.52$120❌❌❌Y / Y⭐️ 5 (397)
Spacious 2 BRs 2 Baths

No image available

$51,285
$188
74%
222$90❌❌❌Y / Y⭐️ 5 (140)
Charlie’s Charming Cottage

No image available

$43,465
$130
90%
223$125❌❌❌Y / Y⭐️ 5 (93)
Entire Home - Great Location

No image available

$46,771
$153
80%
212$200❌❌✅Y / Y⭐️ 5 (28)
Entire Home, Near Downtown Charleston SC & Airport

No image available

$62,145
$192
87%
212$125❌❌❌Y / Y⭐️ 5 (82)
Stylish & New! Close to Downtown CHS & Beaches!

No image available

$79,718
$290
75%
223$100❌❌❌Y / Y⭐️ 5 (29)
Serene Johns Island 2/1 Home Between Chas & Kiawah

No image available

$35,723
$116
80%
211$95❌❌✅Y / Y⭐️ 5 (138)
Family Friendly 2 Bd/2 Ba w. Outdoor Oasis!

No image available

$56,683
$186
82%
221$120❌❌✅Y / Y⭐️ 5 (87)
Charleston Bohemian Bungalow

No image available

$45,951
$153
81%
212$60❌❌✅N / Y⭐️ 5 (220)
The Birdhouse:Pet friendly 2 Bed w/ Yard & Hottub

No image available

$48,917
$137
94%
211$70❌✅✅Y / Y⭐️ 4.5 (126)
The Little House

No image available

$97,538
$295
89%
213$100❌❌❌Y / Y⭐️ 5 (27)
Riverland Cottage-Close to Folly Beach & Downtown!

No image available

$43,386
$128
89%
212$100❌❌❌Y / Y⭐️ 4.5 (27)
Charming Charleston Home!

No image available

$59,349
$219
71%
213$200❌❌❌Y / Y⭐️ 5 (22)
Cozy Townhouse 5 mins from Magnolia Plantation

No image available

$47,372
$129
98%
21.52$100❌❌✅Y / Y⭐️ 5 (136)
Charleston Getaway / private yard, 2 queen beds

No image available

$31,886
$216
40%
21.53$50❌❌❌Y / Y⭐️ 5 (26)
Secluded and Cozy 2 BR/2 BA APT mins from downtown

No image available

$30,467
$97
85%
227$150❌❌❌Y / Y⭐️ 4.2 (4)
West Ashley Bungalow Monthly Rental

No image available

$26,274
$101
70%
2130$200❌❌❌Y / Y⭐️ 4.9 (75)
The Bird Cage

No image available

$42,975
$135
81%
211$100❌❌✅Y / Y⭐️ 5 (9)
The Dolly Apartment - 2 bed/2 bath

No image available

$35,428
$121
80%
2229$80✅❌✅Y / Y⭐️ 5 (9)
*HYGGE & PEACEFUL* CENTER 2 ALL OF CHARLESTON!

No image available

$28,020
$116
66%
2230$100✅❌✅Y / Y⭐️ 5 (201)
Home Away from Home

No image available

$33,422
$164
55%
21.52$30❌❌❌Y / Y⭐️ 5 (19)
QUIET End unit townhouse, 30 day rentals

No image available

$28,564
$95
81%
2130$100✅❌✅Y / Y⭐️ 0 (1)
2 bed home minutes from downtown w/ fenced yard

No image available

$18,139
$84
59%
2130$100❌❌✅Y / Y⭐️ 4 (9)
Edi’s Tanzanite

No image available

$20,783
$167
34%
2130$150❌❌✅Y / Y⭐️ 0 (0)
Artistic Lowcountry Home

No image available

$22,326
$122
50%
2230$150❌❌✅Y / Y⭐️ 5 (2)
Stylish Carriage House+Pool House

No image available

$34,906
$187
51%
2230$0❌❌✅Y / Y⭐️ 0 (1)
Stylish West Ashley Hideaway with Outdoor Space

No image available

$25,790
$110
60%
227$125❌❌❌Y / Y⭐️ 5 (13)
Charming Charleston Cottage!

No image available

$56,891
$154
100%
223$85❌❌✅Y / Y⭐️ 5 (4)
The Cottage On Opal 2BR 1BA

No image available

$33,225
$104
85%
212$35❌❌❌N / Y⭐️ 5 (330)
Trendy Duplex close to Downtown-quiet neighborhood

No image available

$24,888
$100
68%
2130$225❌❌✅Y / Y⭐️ 5 (3)
Fit & Coasty - 2bd w/ Workspace & Indoor Gym!

No image available

$38,112
$127
82%
22.530$220❌❌❌Y / Y⭐️ 5 (4)
Landing - 2 Bedrooms in West Ashley

No image available

$13,819
$118
32%
2230$150❌❌✅Y / Y⭐️ 0 (0)
Stay & Play

No image available

$43,401
$154
77%
2130$175❌❌❌Y / Y⭐️ 4.5 (4)
Landing - 2 Bedrooms in West Ashley

No image available

$31,689
$117
74%
2230$150❌❌✅Y / Y⭐️ 0 (0)
Cozy Riverland Terrace Monthly Rental

No image available

$17,314
$110
43%
2129$350❌❌✅Y / Y⭐️ 5 (8)
Cute, Convenient, Comfortable House

No image available

$45,201
$206
60%
2228$65❌❌❌Y / Y⭐️ 5 (42)
Palms Verde Townhome 15 Minutes from Downtown

No image available

$17,387
$84
55%
21.530$150❌❌❌Y / Y⭐️ 5 (11)
Rosé & Stay in West Ashley-15 Min to Downtown

No image available

$26,646
$91
80%
21.530$0❌❌❌Y / Y⭐️ 5 (4)

Return Metrics

12.22% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$6,754$13,509$20,263$27,018$33,772$67,545$202,637
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$170,080$170,080$170,080$170,080$170,080$170,080$170,080
Down Payment$42,520$42,520$42,520$42,520$42,520$42,520$42,520
Property Appreciation$6,378$12,947$19,713$26,683$33,861$73,116$303,436
Total Return$225,732$239,056$252,577$266,301$280,234$353,262$718,673

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

12.22%

Cap Rate

9.92%

Return on Investment

27.53%

property-location

2494 Etiwan Ave Charleston, South Carolina, 29414

2 bed • 1.5 bath • 6 guests

Est. $1,020/mo

Agent

Inquire about this property

Contact Agent

$212,600

Zestimate

Charleston

Zoning


Laws

79

Airbnb Investor Score

$6,754

Annual Profit

9.9%

Cap Rate

12.2%

Cash on Cash

$39,972

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $141/night at 98% occupancy.Projected nightly rate is $152/night at 72% occupancy.

Top 58% of comparables

Top 41% 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.

$41,024

Avg annual revenue

72%

Avg occupancy rate

$152

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

$15k

$40k

$70k

$100k

Sign up to see the data on 40 all comparables

$6,755

Profit

Revenue

$39,972

Operating Expenses

$18,876

Operating Income

$21,096

Mortgage & Taxes

$14,341

Profit (Cash Flow)

$6,755

$55,273

Cash Investment

Down Payment

$42,520

Renos & Furnishing

$6,375

Closing Costs

$6,378

Total

$55,273

DSCR Ratio

Strong

1.47

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

12.22%

Cap Rate

9.92%

Profit (Cummulative)

$6,755

$170,080

$6,375

$6,378

$0

Total Gain

$15,221

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

$10,090

Deductible property tax

$2,105

Your total deduction

$15,187

Your adjusted annual income

$150,000 - $15,187 = $134,813


Taxes on $134,813 (30%)

$40,444

Your old tax bill

$45,000

Your new tax bill

$40,444


Estimated tax savings

$4,556

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:

662 sqft

Type:

APARTMENT

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: APARTMENT
  • Stories: -
  • Lot size: -
  • Building area: 662 sqft
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: $321

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 3100200421
  • Flood Zone: Yes, Zone Moderate risk: Areas of 0.2% annual chance flood (500-year flood)

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $15,000
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $212,600


Schools

  • Elementary School: Oakland Elementary School with 4/10 star rating
  • Middle School: C. E. Williams Middle School For Creative & Scient with 4/10 star rating
  • High School: West Ashley High School with 5/10 star rating

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