BNBCalc Short Term Rental Investment Analysis 302 Walter Godbey Rd, West Jefferson, NC, 28694

3 bed • 3 bath • 9 guests • $450,000

BNB

Calc

Annual Revenue

$34,779

Profit (Cash Flow)

-$13,778

Cap Rate

3.7%

Annual Revenue

$34,779

AirDNA projects $265/night at 46% occupancy ($44,523). Airbtics projects $207/night at 46% occupancy ($34,778). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 46% occupancy rate, $207 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$24,043	$37,092	$50,787	$66,538
Occupancy	37%	46%	55%	64%
Nightly Rate	$171	$212	$239	$268

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
'The stAy Frame' Cozy Cabin close to downtown WJ	$48,669	$202	64%	3	2	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (30)
Fishing Pond! Log Cabin w/ Hot Tub & Fire Pit!	$45,378	$191	59%	3	2	1	$250	❌	✅	❌	Y / Y	⭐️ 5 (23)
Rhapsody + Foosball + FP/Grill + near W Jefferson	$26,711	$175	38%	3	3	1	$215	❌	❌	❌	Y / Y	⭐️ 4.5 (7)
Rustic Log Cabin TH \| Mtn Views \| Walk to Downtown	$30,984	$135	54%	3	3	1	$195	❌	❌	✅	Y / Y	⭐️ 5 (28)
Modern Log Cabin TH \| Mtn Views \| Walk to Downtown	$34,026	$134	63%	3	3	1	$195	❌	❌	✅	Y / Y	⭐️ 5 (42)
2nd Street Retreat	$42,829	$205	56%	3	2	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (283)
Appalachian View-West Jefferson, NC	$36,217	$238	39%	3	3.5	2	$246	✅	✅	❌	Y / Y	⭐️ 5 (4)
Mountain View Getaway	$36,965	$159	62%	3	2	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (31)
Indian Cove-West Jefferson, NC	$34,591	$216	40%	3	3	2	$246	❌	✅	❌	Y / Y	⭐️ 4.5 (7)
WJ Downtown Overlook	$48,728	$263	49%	3	2	2	$140	✅	❌	❌	Y / Y	⭐️ 5 (74)
Sky Loft - Mid-Century loft overlooking downtown	$30,209	$103	78%	3	1	2	$80	❌	❌	❌	Y / Y	⭐️ 5 (323)
Rustic log cabin on large property	$36,274	$245	36%	3	2	1	$495	❌	✅	✅	Y / Y	⭐️ 4.5 (7)
GameRoom Cottage - Room for 12 and tons of fun!	$34,974	$277	34%	3	2.5	2	$125	✅	❌	✅	Y / Y	⭐️ 5 (33)
Walk to Downtown West Jefferson! Breweries + MORE	$26,284	$126	55%	3	2	1	$225	❌	❌	❌	N / N	⭐️ 5 (14)
No Damage! - Stroll to Park & Downtown WJ!	$26,960	$127	58%	3	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (54)
Sky Retreat - West Jefferson NC	$34,656	$175	53%	3	2	2	$98	❌	❌	✅	Y / Y	⭐️ 4.5 (9)
Views + Hot Tub + Indoor AND Outdoor Fireplaces	$67,755	$222	80%	3	3	1	$280	❌	✅	❌	Y / Y	⭐️ 5 (17)
Privacy + Pool Table + FIRE PIT & Location!	$38,701	$208	46%	3	3.5	1	$240	✅	❌	❌	Y / Y	⭐️ 5 (6)
Authentic Log Cabin - Firepit, Deer & Creek	$24,250	$141	44%	3	2	3	$100	❌	❌	✅	Y / Y	⭐️ 5 (98)
Limitedtime April Dealsyour Dream Getaway for Less	$40,492	$237	43%	3	2	1	$405	❌	✅	❌	Y / Y	⭐️ 5 (3)
Honey Bear Retreat - Quiet area, hot tub, pets ok!	$49,044	$268	50%	3	3	1	$0	❌	✅	✅	Y / Y	⭐️ 0 (2)
Cheerful 3 bedroom cabin with fireplace	$45,783	$189	64%	3	2	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (51)
Lazy Daze Cabin	$29,207	$114	70%	3	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (290)
Buck Ridge - Mtn views, hot tub, perfect location!	$45,193	$252	49%	3	2	1	$0	❌	✅	❌	Y / Y	⭐️ 0 (2)
Limitedtime April Dealsyour Dream Getaway for Less	$36,281	$200	48%	3	3	1	$314	❌	❌	✅	Y / Y	⭐️ 5 (3)
The Log Cabin Experience in Todd: EVERY Amenity!	$41,049	$252	40%	3	3.5	1	$290	❌	✅	❌	Y / Y	⭐️ 5 (33)
Evergreen Retreat	$34,965	$176	53%	3	2.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (126)
A Wooded Escape-West Jefferson	$46,688	$237	53%	3	3	2	$321	✅	✅	❌	Y / Y	⭐️ 5 (5)
A Blue Bear Lodge-Discount Rates-Views, Ping Pong,	$31,788	$230	36%	3	3.5	2	$187	❌	❌	❌	Y / Y	⭐️ 5 (6)
The Flight Deck-Amazing Views, Sleeps 14, Firepit	$40,182	$339	30%	3	3	2	$200	✅	❌	✅	Y / Y	⭐️ 5 (55)
Unwind and recharge at Majestic View Cabin	$64,687	$330	45%	3	3	1	$514	✅	✅	✅	Y / Y	⭐️ 4.5 (14)
New-king beds, convenient to W Jefferson or Boone	$35,355	$210	46%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (6)
Blissful Blue Ridge: Views, Serenity, and Comfort	$45,515	$259	46%	3	4	1	$190	❌	❌	❌	Y / Y	⭐️ 5 (20)
Downtown West Jefferson Cabin! FOUR 50" TVs!	$35,689	$221	41%	3	2	1	$210	❌	❌	❌	Y / Y	⭐️ 5 (9)

Return Metrics

-12.27% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$13,778	-$27,556	-$41,334	-$55,113	-$68,891	-$137,782	-$413,347
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$360,000	$360,000	$360,000	$360,000	$360,000	$360,000	$360,000
Down Payment	$90,000	$90,000	$90,000	$90,000	$90,000	$90,000	$90,000
Property Appreciation	$13,500	$27,405	$41,727	$56,478	$71,673	$154,762	$642,268
Total Return	$449,721	$449,848	$450,392	$451,365	$452,782	$466,979	$678,920

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-12.27%

Cap Rate

3.68%

Return on Investment

3.69%

302 Walter Godbey Rd West Jefferson, North Carolina, 28694

3 bed • 3 bath • 9 guests

Purchase Price

Est. $2,158/mo

Inquire about this property

Contact Agent

$361,400

Zestimate

-43

Airbnb Investor Score

-$13,778

Annual Profit

3.7%

Cap Rate

-12.3%

Cash on Cash

$34,779

Annual Revenue

This property is projected to be in the top 44% revenue percentile compared to similar properties nearby.
Projected nightly rate is $265/night at 46% occupancy.Projected nightly rate is $207/night at 46% occupancy.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 53% of comparables

Seasonality

40 Airbnb Comparables

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

$36,305

Avg annual revenue

46%

Avg occupancy rate

$207

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

$35k

$50k

$70k

-$13,778

Profit

Revenue

$34,779

Operating Expenses

$18,201

Operating Income

$16,577

Mortgage & Taxes

$30,356

Profit (Cash Flow)

-$13,778

$112,250

Cash Investment

Down Payment

$90,000

Renos & Furnishing

$8,750

Closing Costs

$13,500

Total

$112,250

DSCR Ratio

Weak

0.55

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-12.27%

Cap Rate

3.68%

Return on Investment

3.69%

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

$21,357

Deductible property tax

$4,455

Your total deduction

$59,566

Your adjusted annual income

$150,000 - $59,566 = $90,434

Taxes on $90,434 (30%)

$27,130

Your old tax bill

$45,000

Your new tax bill

$27,130

Estimated tax savings

$17,870

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:

0.62 sqft

Year built:

1979

Size:

1,681 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air, Oil

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 2

Lot size: 0.62 sqft

Building area: 1,681 sqft

Garage: Yes

Heating: Forced air, oil

Pool: No

Fireplaces: 2

Basement: Yes

Cooling: Window Unit(s)

View: -

Parking: Driveway, Garage, Gravel, Detached

Amenities: Dishwasher, Exhaust Fan, Cooktop, Range Hood, Electric Water Heater

Price per square foot: $214

Lot Info

Zoning: -

Land Use: -

Parcel Number: 13190087

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $337,100

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $361,400

Schools

High School: Ashe County High with 3/10 star rating