BNBCalc Short Term Rental Investment Analysis 2845 Waialae Ave 223, Honolulu, HI 96826

2 bed • 1 bath • 6 guests • $349,000

BNB

Calc

Annual Revenue

$98,506

Profit (Cash Flow)

$48,478

Cap Rate

20.6%

Annual Revenue

$98,506

AirDNA projects $294/night at 79% occupancy ($84,831). Airbtics projects $310/night at 87% occupancy ($98,506). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 87% occupancy rate, $310 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$76,612	$93,334	$129,621	$156,098
Occupancy	81%	90%	98%	100%
Nightly Rate	$254	$276	$351	$413

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
2 Bedroom PentHouse Ocean Views in Waikiki	$86,604	$255	89%	2	2	2	$295	✅	✅	❌	Y / Y	⭐️ 4.5 (135)
Waikiki Skyline Suite 2RM/2Bath 35th Flr	$87,301	$261	91%	2	2	2	$185	✅	✅	❌	Y / Y	⭐️ 4.8 (245)
Waikiki Ocean View Penthouse 2/2 bdr/bath	$78,636	$248	82%	2	2	2	$275	✅	✅	❌	Y / Y	⭐️ 4.8 (39)
RARE Designer Curated 1400+ sq ft 2B2B w/ 3 Lanais	$126,912	$350	98%	2	2	1	$250	✅	❌	❌	Y / Y	⭐️ 5 (53)
Ocean & City Family Vacation Condo at Royal Garden	$90,410	$249	95%	2	2	1	$265	✅	❌	❌	Y / Y	⭐️ 4.8 (34)
Penthouse Waikiki Panorama Ocean/Mountain Views	$77,329	$246	81%	2	2	2	$275	✅	✅	❌	Y / Y	⭐️ 4.8 (28)
Partial Ocean Views - Cozy, Great for Families!	$124,890	$380	88%	2	2	3	$250	✅	❌	❌	Y / Y	⭐️ 4.8 (43)
Waikiki 2 Bedroom Suite on High Floor!	$125,107	$381	89%	2	2	3	$250	✅	❌	❌	Y / Y	⭐️ 4.8 (57)
Waikiki Penthouse @ The Monarch Hotel	$81,539	$235	90%	2	2	2	$295	✅	✅	❌	Y / Y	⭐️ 4.5 (210)
Inviting Waikiki 2 bed/2 bath suite sleeps 6	$94,362	$390	64%	2	2	1	$250	✅	✅	❌	Y / Y	⭐️ 5 (23)
2 Bedrooms: Great Ocean Corner View 28F A + B	$94,597	$255	99%	2	2	1	$220	✅	✅	❌	Y / Y	⭐️ 4.9 (24)
[Upgraded June.2023]- Modern Penthouse Great View!	$90,417	$282	86%	2	2	2	$275	❌	❌	❌	Y / Y	⭐️ 4.4 (96)
Waikiki 2 Story Penthouse Amazing View Free Parkng	$93,885	$350	71%	2	3	2	$195	✅	✅	❌	Y / Y	⭐️ 4.5 (268)
37th Fl: Ocean/Skyline View, 2b/2b,Walk to Waikiki	$41,893	$108	100%	2	2	1	$215	✅	✅	❌	Y / Y	⭐️ 4.6 (65)
Charming Twin-Joined Studio with Plentiful Space	$85,200	$248	92%	2	2	1	$210	✅	❌	❌	N / Y	⭐️ 4.6 (92)
2bed/2bath Penthouse Ocean View...upgraded	$91,329	$290	85%	2	2	3	$275	✅	✅	❌	Y / Y	⭐️ 4.6 (75)
RARE - 5 Star 270° Ocean View Waikiki Penthouse	$128,369	$348	99%	2	2	3	$250	✅	✅	❌	Y / Y	⭐️ 5 (149)
Spacious 2bd/2br with ocean and panoramic views!	$127,421	$401	86%	2	2	2	$299	✅	❌	❌	Y / Y	⭐️ 4.9 (69)
Adjoining 2RM Ocean view condo w/kitchen/37th fl	$90,451	$251	98%	2	2	2	$210	✅	✅	❌	Y / Y	⭐️ 4.6 (75)
(((Ocean Views))) 42nd Flr Penthouse "2bedrm/2bath	$73,446	$259	76%	2	2	3	$275	✅	✅	❌	Y / Y	⭐️ 4.3 (26)
2 Awesome Studios~up to 8 guests~free parking	$122,438	$413	81%	2	2	1	$0	✅	❌	❌	Y / Y	⭐️ 4.5 (27)
Private Large Roof balcony 2 bedroom condo (LW14)	$94,350	$255	94%	2	2	1	$497	✅	❌	❌	Y / Y	⭐️ 4.7 (56)
Group Hideaway! 2 Units w/ Pool Access, Beachfront	$142,301	$864	45%	2	2	1	$0	❌	❌	✅	N / Y	⭐️ 0 (0)
8 guests~same floor (6) ~2 studios~free parking	$177,876	$486	100%	2	2	1	$0	✅	❌	❌	Y / Y	⭐️ 5 (4)
8 guests~same floor (15)~2 studios~free parking	$160,114	$451	97%	2	2	1	$0	✅	❌	❌	Y / Y	⭐️ 4.8 (6)
Excusive 1BDR Penthouse, Great Ocean View (PH#2)	$105,819	$282	95%	2	2	1	$459	✅	❌	❌	Y / Y	⭐️ 4.7 (57)
Wyndham Waikiki Beach Walk\|2BR/2BA King Balc Suite	$116,571	$325	98%	2	2	1	$0	✅	❌	❌	Y / Y	⭐️ 0 (0)
Studios in Waikiki - Suitable for 6 people	$52,690	$258	51%	2	2	1	$320	✅	✅	❌	N / Y	⭐️ 0 (2)
Stunning Ocean & Diamond Waikiki 37F A + B Units	$110,240	$294	100%	2	2	1	$220	✅	✅	❌	Y / Y	⭐️ 4.3 (3)
Cozy 2 Studios in Waikiki	$69,725	$256	64%	2	2	1	$320	✅	✅	❌	N / Y	⭐️ 4.7 (9)
2Bd/2Ba Connected Studios w/Canal, City& Mt View	$86,860	$238	99%	2	2	2	$190	✅	✅	❌	Y / Y	⭐️ 4.7 (42)
38th floor Waikiki adjoining condos -amazing views	$62,236	$169	100%	2	2	1	$175	✅	✅	❌	Y / Y	⭐️ 4.8 (56)
Waikiki 2/2 Deluxe Double suite partial ocean view	$101,281	$286	93%	2	2	2	$240	✅	✅	❌	N / Y	⭐️ 4.5 (28)
Waikiki Corner Penthouse Suite with Ocean Views	$64,358	$191	87%	2	2	2	$250	✅	✅	❌	Y / Y	⭐️ 4.9 (140)
Rainbow M Ocean View-NO.1-Open Free parking!	$153,338	$418	100%	2	2	2	$320	✅	✅	❌	Y / Y	⭐️ 4.9 (218)
2 beautiful condos rented as one	$94,643	$271	91%	2	2	365	$400	❌	❌	❌	Y / Y	⭐️ 4.8 (29)
Economy Penthouse 2BDRM with Ocean Views	$83,755	$259	86%	2	2	1	$250	✅	✅	❌	Y / Y	⭐️ 4.3 (111)
HM PH 102 2 Bedroom 2 Bathroom Penthouse -Sleeps 6	$85,830	$314	73%	2	2	2	$250	✅	✅	❌	Y / Y	⭐️ 4.4 (20)
Ocean-Mountain View Dream Getaway at Royal Garden	$133,692	$355	98%	2	2	1	$265	✅	❌	❌	Y / Y	⭐️ 4.6 (23)
Waikiki Central Comfort: 4-Bed, 2-Bath Escape	$74,518	$258	75%	2	2	1	$280	✅	✅	❌	N / Y	⭐️ 4.2 (12)

Return Metrics

56.03% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$48,478	$96,956	$145,434	$193,912	$242,390	$484,780	$1,454,341
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$279,200	$279,200	$279,200	$279,200	$279,200	$279,200	$279,200
Down Payment	$69,800	$69,800	$69,800	$69,800	$69,800	$69,800	$69,800
Property Appreciation	$10,470	$21,254	$32,361	$43,802	$55,586	$120,026	$498,114
Total Return	$407,948	$467,210	$526,795	$586,714	$646,976	$953,807	$2,301,455

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

56.03%

Cap Rate

20.63%

Return on Investment

72.09%

2845 Waialae Ave 223 Honolulu, HI, 96826

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,674/mo

This property is for sale!

Contact Agent

293

Airbnb Investor Score

$48,478

Annual Profit

20.6%

Cap Rate

56.0%

Cash on Cash

$98,506

Annual Revenue

BNBCalc predicts this property will get $310 per night with 87% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 36% of comparables

Seasonality

40 Airbnb Comparables

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

$99,568

Avg annual revenue

87%

Avg occupancy rate

$310

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

$40k

$85k

$130k

$180k

$48,478

Profit

Revenue

$98,506

Operating Expenses

$26,486

Operating Income

$72,020

Mortgage & Taxes

$23,542

Profit (Cash Flow)

$48,478

$86,520

Cash Investment

Down Payment

$69,800

Renos & Furnishing

$6,250

Closing Costs

$10,470

Total

$86,520

DSCR Ratio

Strong

3.06

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

56.03%

Cap Rate

20.63%

Return on Investment

72.09%

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

$16,564

Deductible property tax

$3,455

Your total deduction

-$13,041

Your adjusted annual income

$150,000 - -$13,041 = $163,041

Taxes on $163,041 (30%)

$48,912

Your old tax bill

$45,000

Your new tax bill

$48,912

Estimated tax savings

-$3,912

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:

Type:

CONDO

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: CONDO

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -