BNBCalc Short Term Rental Investment Analysis 306 Coconut Grove Ct, Panama City Beach, FL, 32407

4 bed • 5 bath • 12 guests • $1,101,400

BNB

Calc

Annual Revenue

$76,993

Profit (Cash Flow)

-$20,993

Cap Rate

4.8%

Annual Revenue

$76,993

AirDNA projects $908/night at 42% occupancy ($139,289). Airbtics projects $340/night at 62% occupancy ($76,993). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 62% occupancy rate, $340 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$49,533	$76,940	$105,976	$159,321
Occupancy	54%	62%	71%	78%
Nightly Rate	$243	$331	$397	$543

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Private Patio-500 yds to Beach-Casa Blanca Cove	$53,105	$282	50%	4	3.5	2	$340	❌	✅	❌	Y / Y	⭐️ 4.5 (20)
Craftsman Home 4bd/3.5ba with private pool/hot tub	$85,814	$400	58%	4	3.5	3	$450	✅	✅	❌	Y / Y	⭐️ 5 (65)
Footprints in the Sand	$59,177	$364	43%	4	3.5	3	$575	✅	❌	❌	Y / Y	⭐️ 5 (24)
SandyPalms: HeatdPool, HtTub, GolfCart, FREEActvts	$164,898	$612	71%	4	3.5	3	$485	✅	✅	✅	Y / Y	⭐️ 5 (60)
The Grand Panama Penthouse 1-2204/Sleeps 12/Oceanf	$104,451	$342	82%	4	3	1	$361	✅	✅	❌	Y / Y	⭐️ 4.5 (7)
Amazing 2 King Master Suite Home w/ Private Beach	$81,202	$305	68%	4	3.5	2	$375	❌	❌	❌	Y / Y	⭐️ 5 (40)
Beach Better \| Private Beach Access	$31,335	$177	42%	4	3	1	$370	❌	❌	❌	Y / Y	⭐️ 5 (16)
PCB Retreat w/ Patio & Grill < 1 Mi to Beach!	$38,096	$140	72%	4	2	2	$171	✅	❌	❌	Y / Y	⭐️ 5 (84)
Ocean Reef 1601	$54,711	$234	61%	4	3	1	$272	✅	❌	❌	Y / Y	⭐️ 4.5 (6)
Our Happy Place Penthouse~ 4 Bdrm 4Ba~ Sleeps 14	$111,632	$561	54%	4	4	2	$375	✅	❌	❌	Y / Y	⭐️ 5 (13)
Luxe 4BR + Margaritaville Full Amenities	$87,283	$542	44%	4	4.5	3	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (16)
Beach House \| Private Pool & Putting Green!	$99,544	$397	66%	4	3	3	$325	✅	✅	✅	Y / Y	⭐️ 4.5 (10)
Beach Blessing - 4 bed/ 3 bath with Private Pool	$54,245	$237	59%	4	3	3	$300	✅	❌	✅	Y / Y	⭐️ 5 (121)
Private Beach! SeaRenity Beach House -Sleeps 10.	$62,486	$241	69%	4	2	1	$225	❌	❌	✅	Y / Y	⭐️ 4.5 (130)
Living The Beach Life - New Huge Private Pool	$82,109	$651	33%	4	2	3	$525	✅	❌	✅	Y / Y	⭐️ 4.5 (9)
Beach Front! 4 bedroom 3.5 baths. Sleeps 12	$123,837	$400	83%	4	3	1	$385	❌	❌	✅	Y / Y	⭐️ 4.5 (29)
Bid A Wee Beach Dog Friendly Home w/ Private Pool!	$75,468	$236	85%	4	2	4	$375	✅	❌	✅	Y / Y	⭐️ 4.5 (57)
Good Vibes PCB- Private and Serene Getaway	$30,824	$148	54%	4	2	4	$240	✅	❌	❌	Y / Y	⭐️ 5 (75)
Ocean Reef 809 Indoor/Outdoor Pools, FREE Golf&Tix	$60,844	$253	63%	4	3	2	$255	✅	✅	❌	Y / Y	⭐️ 5 (13)
Happy "Ours" 2 min walk to Beach	$86,992	$504	37%	4	3.5	3	$500	❌	❌	❌	Y / Y	⭐️ 5 (8)
Spacious Beachfront Condo 4BD/3BA-Pier Park nearby	$80,201	$397	55%	4	3	3	$260	✅	✅	❌	Y / Y	⭐️ 5 (9)
Stop Scrolling. This is the one! Corner unit, 5*	$72,698	$295	66%	4	3	3	$328	✅	❌	❌	Y / Y	⭐️ 4.5 (3)
Edgewater Tower III #1203 \| Rooftop Deck!	$106,156	$430	66%	4	4	2	$260	✅	✅	❌	Y / Y	⭐️ 0 (2)
Panama City Beach Villa w/ Heated Saltwater Pool	$54,625	$180	77%	4	3	2	$502	✅	❌	❌	Y / Y	⭐️ 5 (51)
11 Pools \| Tennis Courts \| Golf Course \|	$194,468	$706	73%	4	4	1	$264	✅	❌	❌	Y / Y	⭐️ 5 (3)
Majestic 1-1501 \| Free Bonus Included - Beachfront	$74,389	$330	59%	4	3	1	$624	✅	✅	❌	Y / Y	⭐️ 4.5 (5)
Beachfront-Balcony-5 Pools-Majestic Beach 1-301	$84,971	$288	79%	4	3	2	$280	✅	✅	❌	Y / Y	⭐️ 4.5 (22)
Updated corner condo! Snowbird Deals!	$91,456	$345	71%	4	3	1	$598	✅	❌	❌	Y / Y	⭐️ 5 (12)
2 Balconies-5 Pools-Majestic Beach Resort 1-1701	$68,301	$260	70%	4	3	2	$280	✅	✅	❌	Y / Y	⭐️ 5 (21)
★BEACHFRONT LUXURY★Huge Balcony★2 Masters★4Br/4Ba	$90,616	$354	69%	4	4	4	$300	✅	✅	❌	Y / Y	⭐️ 5 (58)
Updated luxury oceanfront - spacious sunset deck	$120,373	$488	67%	4	4	3	$350	✅	✅	❌	Y / Y	⭐️ 5 (81)
Massive Balcony \| Free Activities \| Beach Chairs	$60,049	$300	53%	4	4	3	$305	✅	✅	❌	Y / Y	⭐️ 4.5 (4)
Massive Beachfront Balcony "The Office"	$78,725	$343	60%	4	4	3	$375	✅	✅	❌	Y / Y	⭐️ 5 (36)
2 gulf front bedrooms, views galore! sleeps 12!	$109,007	$375	78%	4	4	3	$275	✅	✅	❌	Y / Y	⭐️ 5 (37)
Majestic Getaway \| Spring Break \| 18+ \| Sleeps 10	$80,073	$278	77%	4	3	4	$240	✅	✅	❌	Y / Y	⭐️ 4.5 (49)
PCB 4 Bed 4 Bath House Steps From the Beach!	$51,318	$244	56%	4	2	4	$195	❌	❌	❌	Y / Y	⭐️ 5 (9)
Gulf Front Condo with Resort Amenities	$75,464	$376	53%	4	3	2	$265	✅	✅	❌	Y / Y	⭐️ 0 (2)
Center of PCB w/ Pool! Close to Beach & Pier Park	$33,414	$143	60%	4	3	1	$185	✅	❌	❌	Y / Y	⭐️ 4.5 (10)
PCB Condo w/ Pool Access: 1 Mi to Beach!	$30,664	$132	57%	4	3	2	$258	✅	❌	❌	Y / Y	⭐️ 4.5 (11)
Combee's Penthouse Hideaway-Beachfront-Solarium	$76,254	$332	61%	4	4	1	$441	✅	✅	❌	Y / Y	⭐️ 5 (5)

Return Metrics

-7.93% 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)	-$20,992	-$41,985	-$62,978	-$83,970	-$104,963	-$209,926	-$629,780
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$881,120	$881,120	$881,120	$881,120	$881,120	$881,120	$881,120
Down Payment	$220,280	$220,280	$220,280	$220,280	$220,280	$220,280	$220,280
Property Appreciation	$33,042	$67,075	$102,129	$138,235	$175,424	$378,789	$1,571,986
Total Return	$1,113,449	$1,126,489	$1,140,551	$1,155,664	$1,171,861	$1,270,262	$2,043,606

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-7.93%

Cap Rate

4.83%

Return on Investment

8.64%

306 Coconut Grove Ct Panama City Beach, Florida, 32407

4 bed • 5 bath • 12 guests

Purchase Price

$1,101,400

Zestimate

-21

Airbnb Investor Score

-$20,992

Annual Profit

4.8%

Cap Rate

-7.9%

Cash on Cash

$76,993

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $908/night at 42% occupancy.Projected nightly rate is $340/night at 62% occupancy.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 46% of comparables

Seasonality

40 Airbnb Comparables

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

$79,531

Avg annual revenue

62%

Avg occupancy rate

$340

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

$30k

$85k

$135k

$195k

-$20,993

Profit

Revenue

$76,993

Operating Expenses

$23,689

Operating Income

$53,304

Mortgage & Taxes

$74,297

Profit (Cash Flow)

-$20,993

$264,572

Cash Investment

Down Payment

$220,280

Renos & Furnishing

$11,250

Closing Costs

$33,042

Total

$264,572

DSCR Ratio

Weak

0.72

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-7.93%

Cap Rate

4.83%

Return on Investment

8.64%

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

$52,274

Deductible property tax

$10,904

Your total deduction

$131,659

Your adjusted annual income

$150,000 - $131,659 = $18,341

Taxes on $18,341 (30%)

$5,502

Your old tax bill

$45,000

Your new tax bill

$5,502

Estimated tax savings

$39,498

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:

9,147 sqft

Year built:

2011

Size:

3,370 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Central, Electric

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 9,147 sqft

Building area: 3,370 sqft

Garage: Yes

Heating: Central, electric

Pool: No

Fireplaces: -

Basement: No

Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump, Multi Units

View: -

Parking: Attached, Driveway, Garage, Paved

Amenities: Bar Fridge, Dryer, Dishwasher, Electric Oven, Freezer, Gas Cooktop, Disposal, Gas Oven, Ice Maker, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Wine Cooler, Warming Drawer, Wine Refrigerator, Washer

Price per square foot: $326

Lot Info

Zoning: -

Land Use: -

Parcel Number: 34109511000

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $593,108

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $1,101,400

Schools

Middle School: Surfside Middle School with 6/10 star rating
High School: J.R. Arnold High School with 5/10 star rating