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BNBCalc Short Term Rental Investment Analysis 250 Northwest 24th Street, Miami, FL

2 bed • 2 bath • 6 guests • $720

BNB

Calc

Annual Revenue

$51,426

Profit (Cash Flow)

$31,054

Cap Rate

4314.0%

Annual Revenue

$51,426

AirDNA projects $234/night at 51% occupancy ($43,588). Airbtics projects $160/night at 69% occupancy ($40,322). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 80% occupancy rate, $176 rate per night.

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

Percentiles25%50%75%90%
Revenue$29,539$42,403$54,252$68,349
Occupancy60%69%80%84%
Nightly Rate$126$159$176$212

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
2 Br / 1 Ba at Sentral Wynwood
$52,230
$166
83%
212$150✅❌❌Y / Y⭐️ 5 (19)
Vacay Spot Wynwood comfy Hub #1 BBQ Patio Decor
$39,534
$167
61%
212$250❌❌❌Y / Y⭐️ 4.9 (13)
Vacay Spot Wynwood Artful Oasis BBQ, Patio Vibes
$39,101
$169
59%
213$200❌❌❌Y / Y⭐️ 5 (7)
Vacay Spot Wynwood Good Vibes Decor BBQ, Patio
$37,037
$166
57%
213$200❌❌❌Y / Y⭐️ 5 (8)
Vacay Spot Wynwood Peaceful BBQ Patio vibes
$34,595
$159
56%
213$250❌❌❌Y / Y⭐️ 5 (6)
Wynwood, Miami Residences #2
$37,627
$151
64%
211$150❌❌✅Y / Y⭐️ 4.8 (36)
Wynwood Footprints
$33,692
$102
88%
212$35❌❌✅N / Y⭐️ 4.8 (346)
Cheerful -2bedroom home with free parking.
$37,298
$152
63%
212$150❌❌❌N / Y⭐️ 4.8 (139)
Charming Wynwood apartment 2bd/1ba. Free Parking
$29,685
$95
83%
212$118❌❌❌Y / Y⭐️ 4.8 (302)
Beach vibes 2 bedrooms house
$53,138
$153
94%
211$50❌❌✅Y / Y⭐️ 4.5 (11)
Renzzi Wynwood 2 bedroom Queen size bed #6
$53,785
$212
66%
211$99❌❌❌Y / Y⭐️ 4.8 (33)
Sleeps 10 | Private Pool | Jacuzzi | BBQ | Games
$52,324
$186
73%
212$200✅✅✅Y / Y⭐️ 4.5 (43)
Vacay Spot Wynwood Jungle Fever BBQ, Patio Vibes
$36,285
$166
56%
213$250❌❌❌Y / Y⭐️ 5 (13)
ArTease 5: Walk to Wynwood & Design District
$59,853
$176
88%
211$175❌❌❌Y / Y⭐️ 4.7 (59)
Wynwood Place 8 | 2BD with balcony + FREE Parking
$37,232
$128
74%
211$87❌❌❌Y / Y⭐️ 4.8 (427)
Wynwood Place 7 | 2BD with balcony + FREE Parking
$42,365
$133
83%
211$87❌❌❌Y / Y⭐️ 4.8 (486)
Wynwood Place 6 | 2BD with balcony + FREE Parking
$34,228
$108
82%
211$87❌❌❌Y / Y⭐️ 4.8 (405)
Wynwood Place 1 | Artsy 2 bedroom + FREE Parking
$40,963
$125
84%
211$87❌❌❌Y / Y⭐️ 4.8 (367)
Wynwood Charm 3, Live the art.1 Free Gated Parking
$39,229
$176
57%
211$150❌❌❌Y / Y⭐️ 5 (28)
Wynwood Charm 4, Live the art.1 Free Gated Parking
$40,284
$163
63%
211$150❌❌❌Y / Y⭐️ 5 (38)
Wynwood Charm 2, Live the art.1 Free Gated Parking
$42,719
$154
71%
211$150❌❌❌Y / Y⭐️ 5 (20)
Wynwood Place | 2 BDR w/ Balcony + FREE Parking
$21,118
$127
41%
211$87❌❌❌Y / Y⭐️ 4.8 (378)
Muse Stylish Apt 2BR/3BA -Wynwood near Miami Beach
$26,493
$92
68%
231$140✅❌❌Y / Y⭐️ 4.7 (237)
Wynwood Jewel 2 Bedroom, Yard, Central Location
$28,940
$99
75%
213$135❌❌❌Y / Y⭐️ 4.6 (57)
ArTease 4: Walk to Wynwood & Design District
$44,433
$140
80%
211$175❌❌❌Y / Y⭐️ 4.8 (97)
Magical Chic APT/In The Heart of Wynwood Miami
$29,638
$119
60%
211$145❌❌✅N / Y⭐️ 5 (40)
Vacay Spot Wynwood Jungle Getaway BBQ, Patio Vibes
$41,637
$169
62%
213$250❌❌❌Y / Y⭐️ 5 (9)
ArTease 3: Walk to Wynwood & Design District
$53,232
$178
77%
211$175❌❌✅Y / Y⭐️ 4.7 (63)
Wynwood Place 4 | Artsy 2 bedroom + FREE Parking
$48,492
$150
85%
211$87❌❌❌Y / Y⭐️ 4.8 (416)
Renzzi Wynwood apartments Family #3
$53,389
$212
66%
211$99❌❌❌Y / Y⭐️ 4.7 (19)
Wynwood Gem: adorable 2bd/1ba and central location
$33,226
$107
81%
212$125❌❌❌Y / Y⭐️ 4.8 (151)
Renzzi Wynwood 2 bedroom Queen size bed #4
$53,896
$198
70%
211$99❌❌❌Y / Y⭐️ 4.8 (16)
Renzzi Wynwood 2 bedroom Queen size bed #10
$72,880
$317
60%
211$99❌❌❌Y / Y⭐️ 4.7 (26)
Renzzi Wynwood 2 bedroom Queen size bed #11
$45,376
$203
58%
211$99❌❌❌Y / Y⭐️ 4.3 (18)
Wynwood Gem: Stylish 2/1 Apartment & free parking
$41,736
$159
70%
211$125❌❌❌Y / Y⭐️ 4.8 (449)
Hang Ten- Large Townhome, lux amenities, parking
$50,806
$235
56%
233$220✅❌✅Y / Y⭐️ 4.7 (43)
Botanical Villa
$61,177
$254
64%
233$140✅❌❌Y / Y⭐️ 4.8 (57)
Beautifully Decorated Wynwood Apartment 4
$36,307
$124
80%
213$100❌❌❌Y / Y⭐️ 4.8 (102)
Industrial Style 2B/3B Near WynwoodAirport &Beach!
$25,423
$98
58%
231$140❌❌❌Y / Y⭐️ 4.7 (72)
Renzzi Wynwood 2 bedroom Queen size bed #9
$60,040
$220
71%
211$99❌❌❌Y / Y⭐️ 4.8 (25)

Return Metrics

462.88% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$31,053$62,107$93,161$124,215$155,269$310,538$931,614
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$532$532$532$532$532$532$532
Down Payment$187$187$187$187$187$187$187
Property Appreciation$21$43$66$90$114$247$1,027
Total Return$31,795$62,871$93,948$125,025$156,103$311,505$933,361

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

462.88%

Cap Rate

4,314.01%

Return on Investment

463.34%

property-location

250 NW 24th St Miami, Florida, 33127

2 bed • 2 bath • 6 guests

Est. $3/mo

Agent

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Miami

Guide

Zoning

Market

Guide


Laws


Market Data

39827

Airbnb Investor Score

$31,023

Annual Profit

4314.0%

Cap Rate

462.9%

Cash on Cash

$51,426

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $234/night at 51% occupancy.Projected nightly rate is $160/night at 69% occupancy.

Top 28% 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.

$42,536

Avg annual revenue

69%

Avg occupancy rate

$160

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

$40k

$55k

$75k

Sign up to see the data on 40 all comparables

$31,054

Profit

Revenue

$51,426

Operating Expenses

$20,365

Operating Income

$31,061

Mortgage & Taxes

$7

Profit (Cash Flow)

$31,054

$6,687

Cash Investment

Down Payment

$187

Renos & Furnishing

$6,500

Total

$6,687

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

462.88%

Cap Rate

4,314.01%

Profit (Cummulative)

$31,054

$533

$6,500

$22

$0

Total Gain

$31,085

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

$21

Deductible property tax

$7

Your total deduction

-$30,057

Your adjusted annual income

$150,000 - -$30,057 = $180,057


Taxes on $180,057 (30%)

$54,017

Your old tax bill

$45,000

Your new tax bill

$54,017


Estimated tax savings

-$9,017

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:

2015

Size:

2,821 sqft

Type:

CONDO

Parking:

-

Heating:

Forced air

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: CONDO
  • Stories: -
  • Lot size: -
  • Building area: 2,821 sqft
  • Garage: No
  • Heating: Forced air
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: None
  • View: -
  • Parking: None
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 0131250910140
  • Flood Zone: No

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $675
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • Middle School: Jose De Diego Middle School with 2/10 star rating
  • High School: Booker T. Washington Senior High School with 3/10 star rating