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BNBCalc Short Term Rental Investment Analysis 2551 Cartwright Road, Honolulu, HI

1 bed • 1 bath • 4 guests • $385,000

BNB

Calc

Annual Revenue

$59,170

Profit (Cash Flow)

$33,986

Cap Rate

9.8%

Annual Revenue

$59,170

AirDNA projects $202/night at 81% occupancy ($59,761). Airbtics projects $180/night at 90% occupancy ($59,169). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 90% occupancy rate, $180 rate per night.

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

Percentiles25%50%75%90%
Revenue$47,044$56,861$80,975$89,676
Occupancy85%91%98%100%
Nightly Rate$149$167$220$238

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
Heart of Waikiki amazing ocean view1 free parking

No image available

$78,095
$220
94%
111$160✅✅❌Y / Y⭐️ 5 (88)
Amazing High Floor 1bd/1ba with Diamond Head View

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$70,972
$210
89%
111$160✅✅❌Y / Y⭐️ 4.5 (38)
Renovated Waikiki condo 2(Q)+1(F)bed +Free Parking

No image available

$63,915
$174
98%
111$150✅✅❌Y / Y⭐️ 5 (157)
#3mins to Beach@Waikiki!Private unit/Family stay!

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$47,167
$155
82%
111$38❌❌❌Y / Y⭐️ 5 (46)
Waikiki Banyan - Beautiful & Conveniently Located

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$72,684
$220
90%
113$215✅✅❌Y / Y⭐️ 5 (52)
1 Block from Waikiki Beach : Peek A Boo Ocean view

No image available

$48,916
$157
84%
111$38❌❌❌Y / Y⭐️ 5 (18)
24FL Ocean View|New Remodeled|Free Parking+WIFI+AC

No image available

$86,928
$238
98%
113$173✅✅❌Y / Y⭐️ 5 (74)
25FL-Upscale Gorgeous Mountain View 1BR+Parking~

No image available

$110,084
$303
98%
111$200✅✅❌Y / Y⭐️ 5 (36)
Charming 1bdrm w/Free parking with Ocean Views

No image available

$60,249
$183
86%
111$165✅❌❌N / Y⭐️ 5 (34)
The Birdcage, Waikiki Hideaway

No image available

$53,871
$156
94%
113$100✅❌❌Y / Y⭐️ 5 (176)
WG 600 - 1/2 block from Waikiki Beach, Park & Zoo

No image available

$36,959
$115
86%
112$95✅❌❌Y / Y⭐️ 4.5 (98)
WG 802 Our Ocean Retreat offers 2 Twins or 1 King

No image available

$37,507
$122
83%
112$89✅❌❌Y / Y⭐️ 4.5 (151)
WG 701 1 Block to Beach, Best Waikiki Location

No image available

$37,349
$118
84%
112$89✅❌❌Y / Y⭐️ 4.5 (115)
WG 411 -1 Block to Beach, Diamondhead & Zoo View

No image available

$44,258
$141
85%
112$98✅❌❌Y / Y⭐️ 4.5 (73)
WG 422 at the Waikiki Grand Hotel®

No image available

$45,428
$137
90%
112$100✅❌✅Y / Y⭐️ 4.5 (37)
Ocean View Across Waikiki Beach Modern Bungalow

No image available

$60,745
$162
99%
111$120✅❌❌N / Y⭐️ 5 (122)
WG 805 Quiet studio w/ lanai, kitchenette & Pool

No image available

$38,109
$110
93%
112$95✅❌❌Y / Y⭐️ 4.5 (24)
WG 317 Studio at The Waikiki Grand, Pool & A/C

No image available

$36,786
$114
86%
112$100✅❌❌Y / Y⭐️ 5 (30)
WG 804 Calm & Quiet Waikiki Grand Hotel® Studio

No image available

$34,700
$104
88%
112$100✅❌✅Y / Y⭐️ 4.5 (20)
Fantastic Diamond Head & Ocean Views-Best Location

No image available

$52,302
$169
83%
111$120✅❌❌Y / Y⭐️ 5 (110)
Upscale Waikiki Condo w/Parking, WD+1000SQFT Patio

No image available

$106,251
$307
93%
111$250✅✅❌Y / Y⭐️ 4.9 (31)
Luxury Condo 3bd, free parking .

No image available

$59,326
$165
95%
111$150✅✅❌Y / Y⭐️ 5 (264)
Cozy & Modern Coastal-King Bed 1BR w/Parking

No image available

$87,324
$237
100%
111$145✅✅❌Y / Y⭐️ 5 (53)
[Rare]Mtn View | Walk Score 95 | Parking | Kitchen

No image available

$89,165
$243
98%
111$200✅✅❌Y / Y⭐️ 5 (39)
I NEED A VACATION!!! Waikiki Banyan, FREE PARKING

No image available

$76,716
$215
96%
112$195✅✅✅Y / Y⭐️ 5 (99)
# Just 2 mins from World famous Waikiki Beach!

No image available

$50,179
$157
86%
111$38❌❌❌Y / Y⭐️ 4.5 (33)
Incredible 1 Bedroom at Waikiki Banyan 31st Flr T1

No image available

$56,161
$153
98%
111$160✅✅❌Y / Y⭐️ 5 (97)
Newly Renovated Waikiki 1 BR Condo + Free Parking

No image available

$55,272
$177
82%
111$195✅✅❌Y / Y⭐️ 4.5 (38)
#1 Block from Waikiki Beach :Peek A Boo Ocean view

No image available

$46,228
$152
82%
111$38❌❌❌Y / Y⭐️ 5 (11)
A Block away to Waikiki Beach/Pool/Free Parking

No image available

$86,943
$266
83%
111$340✅✅❌Y / Y⭐️ 5 (22)
Free Parking!* Waikiki 1BR Suite Newly Renovated!

No image available

$75,388
$206
96%
111$200✅✅❌N / Y⭐️ 5 (79)
#3min to Awesome Beach!Family can stay/2Queen beds

No image available

$37,226
$139
71%
111$58❌❌❌N / Y⭐️ 4.5 (67)
Waikiki 1 BR Condo with View & Pool + Free Parking

No image available

$54,126
$162
87%
111$195✅✅❌Y / Y⭐️ 4.5 (252)
Waikiki Grand Castle Hotel

No image available

$35,713
$109
86%
111$70✅❌❌Y / Y⭐️ 5 (215)
Waikiki Beach one bedroom with Lanai free parking

No image available

$61,112
$162
100%
111$165✅❌❌Y / Y⭐️ 5 (84)
Ocean views! Near beach! A/C, WiFi, Pkg! WU2910

No image available

$85,009
$237
97%
111$289✅❌❌Y / Y⭐️ 5 (19)
Waikiki Beach Ocean View 1 BD +Lanai +FREE parking

No image available

$71,325
$189
100%
111$165✅❌❌Y / Y⭐️ 5 (112)
Free Parking & 32F A block Away from Waikiki Beach

No image available

$73,085
$192
100%
111$165✅❌❌Y / Y⭐️ 5 (78)
Unobstructed Waikiki Beach Ocean View Free Parking

No image available

$85,062
$226
100%
111$180✅❌❌Y / Y⭐️ 5 (98)
Heart of Waikiki - beach holiday condo up high

No image available

$79,055
$223
96%
111$175✅❌❌Y / Y⭐️ 5 (114)

Return Metrics

8.47% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$33,985$67,971$101,957$135,943$169,929$339,859$1,019,579
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$385,000$385,000$385,000$385,000$385,000$385,000$385,000
Property Appreciation$11,550$23,446$35,699$48,320$61,320$132,407$549,496
Total Return$430,535$476,418$522,657$569,264$616,250$857,267$1,954,075

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

8.47%

Cap Rate

9.81%

Return on Investment

11.36%

property-location

2551 Cartwright Rd 203 Honolulu, Hawaii, 96815

1 bed • 1 bath • 4 guests

Est. $1,847/mo

Agent

Inquire about this property

Contact Agent

$531,900

Zestimate

Honolulu

Guide

Zoning

Market

Guide


Laws


Market Data

104

Airbnb Investor Score

$33,985

Annual Profit

9.8%

Cap Rate

8.5%

Cash on Cash

$59,170

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
AirDNA projects $202/night at 81% occupancy ($59,761.22). Airbtics projects $180/night at 90% occupancy ($59,169).

Top 53% of comparables

Top 44% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$62,192

Avg annual revenue

90%

Avg occupancy rate

$180

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

$35k

$60k

$85k

$110k

Sign up to see the data on 40 all comparables

$33,986

Profit

Revenue

$59,170

Operating Expenses

$21,372

Operating Income

$37,797

Mortgage & Taxes

$3,811

Profit (Cash Flow)

$33,986

$389,250

Cash Investment

Down Payment

$385,000

Renos & Furnishing

$4,250

Total

$389,250

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

8.47%

Cap Rate

9.81%

Profit (Cummulative)

$33,986

$0

$4,250

$11,550

$0

Total Gain

$45,536

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

$0

Deductible property tax

$3,811

Your total deduction

$52,976

Your adjusted annual income

$150,000 - $52,976 = $97,024


Taxes on $97,024 (30%)

$29,107

Your old tax bill

$45,000

Your new tax bill

$29,107


Estimated tax savings

$15,893

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:

5,009 sqft

Year built:

1967

Size:

300 sqft

Type:

CONDO

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: CONDO
  • Stories: -
  • Lot size: 5,009 sqft
  • Building area: 300 sqft
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: $1,795

Lot Info

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

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $538,500


Schools

  • Elementary School: President Thomas Jefferson Elementary School with 8/10 star rating
  • Middle School: President George Washington Middle School with 8/10 star rating
  • High School: Kaimuki High School with 3/10 star rating