BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Investment Analysis 315 Ne 111th St

3 bed โ€ข 2 bath โ€ข 9 guests โ€ข $557,500

BNB

Calc

Annual Revenue

$71,398

Profit (Cash Flow)

$10,829

Cap Rate

8.7%

Annual Revenue

$71,398

AirDNA projects $362/night at 54% occupancy ($71,397). Airbtics projects $360/night at 66% occupancy ($86,781). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 54% occupancy rate, $362 rate per night.

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

Percentiles25%50%75%90%
Revenue$49,048$78,816$121,014$208,628
Occupancy54%66%81%93%
Nightly Rate$243$318$397$600

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
3 Bedroom Miami Home, 15 Minutes to the Beach!

No image available

$39,498
$99
93%
311$100โŒโŒโœ…Y / Yโญ๏ธ 4.7 (450)
Splendid Mediterranean Retreat w/ Gorgeous Outdoor

No image available

$70,834
$309
62%
333$170โŒโŒโœ…Y / Yโญ๏ธ 4.9 (56)
Tropical Dream Villa in Miami w/ Pool

No image available

$93,938
$391
63%
333$250โœ…โŒโœ…Y / Yโญ๏ธ 4.9 (35)
Cozy 3 bedroom Miami home with parking & WiFi.

No image available

$25,387
$96
70%
313$135โŒโŒโŒY / Yโญ๏ธ 4.8 (90)
Stunning and Luxury 3-Bedroom

No image available

$53,990
$304
45%
322$225โŒโœ…โœ…Y / Yโญ๏ธ 4.7 (57)
Tropical Deco House in the heart of Miami!

No image available

$60,549
$180
91%
313$175โŒโŒโŒY / Yโญ๏ธ 4.9 (50)
HotTub Cabana 3 bedroom

No image available

$65,614
$205
85%
311$150โŒโœ…โŒY / Yโญ๏ธ 4.5 (2)
Casa Mondrian- Resort Style Home- Mins to Beaches

No image available

$172,632
$606
76%
343$225โœ…โŒโŒY / Yโญ๏ธ 4.8 (10)
Boutique and stylish home with saltwater POOL

No image available

$90,500
$276
84%
321$140โœ…โŒโŒY / Yโญ๏ธ 4.8 (268)
Biscayne Villa, with Pool Oasis

No image available

$240,573
$686
95%
321$200โœ…โŒโŒY / Yโญ๏ธ 4.9 (61)
Villa Canal with hot tub and backyard oasis

No image available

$91,085
$254
93%
322$200โœ…โœ…โœ…Y / Yโญ๏ธ 5 (72)
Private Pool and Tropical Garden Oasis

No image available

$83,623
$240
94%
323$175โœ…โŒโœ…Y / Yโญ๏ธ 5 (156)
Casa Miami - Your Home in Miami

No image available

$98,851
$370
72%
322$160โŒโŒโœ…Y / Yโญ๏ธ 4.9 (67)
Miami Home Summer Sale

No image available

$65,041
$386
44%
323$225โŒโœ…โœ…Y / Yโญ๏ธ 4.5 (7)
Miami Modern Luxury with Pool & Spa

No image available

$200,281
$662
81%
322$199โœ…โœ…โœ…Y / Yโญ๏ธ 5 (81)
Spacious w King Bed Suite near Beach & Nitelife

No image available

$61,502
$249
65%
321$140โŒโŒโŒY / Yโญ๏ธ 4.8 (114)
stylish 3br/2bt bungalow in heart of Miami

No image available

$71,157
$281
68%
322$95โŒโŒโŒY / Yโญ๏ธ 4.9 (68)
Jacuzzi /2 King Beds/Sofa Queen/Backyard & Parking

No image available

$68,668
$315
56%
321$160โŒโœ…โœ…Y / Yโญ๏ธ 4.9 (46)
Stylish City-Beach Oasis

No image available

$123,681
$391
85%
326$275โœ…โŒโŒY / Yโญ๏ธ 4.8 (20)
Stylish 3 Bedroom Home in Centric Location

No image available

$71,064
$244
76%
322$189โŒโŒโœ…Y / Yโญ๏ธ 5 (31)
Exquisite Luxury 3 Bedroom Home

No image available

$62,686
$254
64%
322$175โŒโœ…โŒY / Yโญ๏ธ 5 (3)
Villa Modern BrandNew 3BD 2BA

No image available

$86,820
$317
73%
323$130โŒโŒโŒY / Yโญ๏ธ 4.9 (31)
Dream house with private oasis

No image available

$54,472
$459
32%
322$200โœ…โŒโœ…Y / Yโญ๏ธ 4.8 (5)
Beautiful dreams Luxury Miami waterfront oasis

No image available

$87,612
$402
58%
322$250โœ…โŒโœ…Y / Yโญ๏ธ 4.9 (56)
Miami Centric House 3Bed/2Bath Pool/BBQ/5min Beach

No image available

$214,205
$600
96%
335$200โœ…โœ…โŒY / Yโญ๏ธ 5 (3)
Beautiful 3 bedroom house 15 mins from south beach

No image available

$43,426
$339
35%
322$0โœ…โœ…โŒY / Yโญ๏ธ 5 (15)
Casita Romero-pool-Hottub-kingbed-pool tables-bbq

No image available

$112,401
$478
61%
322$295โœ…โœ…โœ…Y / Yโญ๏ธ 4.9 (11)
The Zen Party Villa

No image available

$81,361
$342
65%
322$0โœ…โŒโŒY / Nโญ๏ธ 0 (0)
House (3 bedrooms-2k sqf) close to Downtown Miami

No image available

$22,692
$124
50%
321$0โŒโŒโœ…Y / Yโญ๏ธ 4.8 (4)
Pristine 3 bedrooms 3 baths home

No image available

$113,277
$396
75%
333$160โŒโŒโœ…Y / Yโญ๏ธ 4.9 (8)
๐—ง๐—ฟ๐—ผ๐—ฝ๐—ถ๐—ฐ๐—ฎ๐—น ๐—ข๐—ฎ๐˜€๐—ถ๐˜€ in N ๐— ๐—ถ๐—ฎ๐—บ๐—ถ ๐—•๐—ฒ๐—ฎ๐—ฐ๐—ต w ๐—ฃ๐—ผ๐—ผ๐—น & ๐—›๐—ผ๐˜ ๐—ง๐˜‚๐—ฏ

No image available

$217,993
$583
92%
325$395โœ…โœ…โŒN / Yโญ๏ธ 5 (167)
Amazing New House - Miami Shores

No image available

$32,516
$231
38%
325$60โŒโŒโœ…N / Nโญ๏ธ 4.3 (6)
Stylish 3BR Home w/Big Yard, Min to Beach+Wynwood

No image available

$47,653
$210
62%
321$0โœ…โŒโœ…Y / Yโญ๏ธ 5 (14)
SingleFamily 3 bedrooms house by South Miami Beach

No image available

$21,942
$109
55%
321$0โŒโŒโœ…Y / Yโญ๏ธ 4 (5)
VILLA LULI a Key West Style 3 Bed Vacation Home

No image available

$69,791
$230
75%
325$180โŒโŒโŒY / Yโญ๏ธ 5 (14)
Heated Pool.Japanese Style in the Heart of Miami.

No image available

$259,808
$1,392
51%
347$450โœ…โŒโŒY / Yโญ๏ธ 5 (6)
Great 3 bedroom house in Miami!

No image available

$62,074
$320
53%
321$0โœ…โœ…โŒY / Nโญ๏ธ 0 (0)
Casita Romero - Miamiโ€™s Hidden Paradise 12 NE 111

No image available

$114,981
$408
77%
322$0โœ…โŒโœ…Y / Yโญ๏ธ 5 (10)

Return Metrics

7.92% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$10,828$21,657$32,486$43,315$54,144$108,289$324,869
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$446,000$446,000$446,000$446,000$446,000$446,000$446,000
Down Payment$111,500$111,500$111,500$111,500$111,500$111,500$111,500
Property Appreciation$16,725$33,951$51,695$69,971$88,795$191,733$795,698
Total Return$585,053$613,109$641,682$670,787$700,440$857,523$1,678,068

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

7.92%

Cap Rate

8.68%

Return on Investment

24.15%

property-location

315 NE 111th St Miami, Florida, 33161-7113

3 bed โ€ข 2 bath โ€ข 9 guests

Est. $2,674/mo

Agent

This property is for sale!

Contact Agent

Miami

Guide

Zoning

Market

Guide


Laws


Market Data

$71,398

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $362/night at 54% occupancy.Projected nightly rate is $360/night at 66% occupancy.

Top 76% of comparables

Top 36% 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.

$90,818

Avg annual revenue

66%

Avg occupancy rate

$360

Avg nightly rate


๐ŸŠโ€โ™‚๏ธ Pool
๐Ÿ› Hot tub
๐Ÿถ Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$20k

$100k

$175k

$260k

Sign up to see the data on 40 all comparables

$10,829

Profit

Revenue

$71,398

Operating Expenses

$22,962

Operating Income

$48,436

Mortgage & Taxes

$37,607

Profit (Cash Flow)

$10,829

$136,725

Cash Investment

Down Payment

$111,500

Renos & Furnishing

$8,500

Closing Costs

$16,725

Total

$136,725

DSCR Ratio

Strong

1.29

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

7.92%

Cap Rate

8.68%

Profit (Cummulative)

$10,829

$446,000

$8,500

$16,725

$0

Total Gain

$33,031

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

$26,460

Deductible property tax

$5,519

Your total deduction

$8,190

Your adjusted annual income

$150,000 - $8,190 = $141,810


Taxes on $141,810 (30%)

$42,543

Your old tax bill

$45,000

Your new tax bill

$42,543


Estimated tax savings

$2,457

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:

5,888 sqft

Year built:

1950

Size:

1,368 sqft

Type:

SFR

Parking:

-

Heating:

NONE

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
450 Ne 115th St332,346-10,1201961$510,000620
249 Ne 110th St21937-5,0001947$305,00081
273 Ne 107th St21958-7,1881940$595,00055
237 Ne 110th Ter321,300-5,0001946$380,000-
269 Ne 112th St221,470-5,5201955$655,00024
11010 Ne 4th Ave421,906-6,4351944$640,00040
290 Ne 112th St321,447-5,5201962$750,00096
284 Ne 118th Ter311,434-7,8121953$490,000217
11510 W Biscayne Canal Rd432,029-9,7881954$1,200,00053
266 Ne 110th St321,523-6,7001954$640,00075

Property Details

  • MLS Status: Active
  • Property Use: Single Family Residence
  • Stories: 1
  • Lot size: 5,888 sqft
  • Building area: 1,368 sqft
  • Garage: No
  • Heating: None
  • Pool: No
  • Fireplaces: 0
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: 5700:DUPLEXES,GENERAL
  • Land Use: Residential
  • Parcel Number: 30-2231-029-0260
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $337,272
  • County Est. Land Value: $247,543
  • Assessed Land Value: $247,543
  • County Est. Structure Value: $89,729
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
06/22/22$396,20083%C & M Sweet Bakery Inc
Invalid Date$75,0000%Fritz Casimir, Fritz Jeannette E Casimir

Ownership

  • Name: C & M Sweet Bakery Inc
  • Owner Occupied: No
  • Owner Mailing Address: 13804 Nw 7th Ave, Miami, Fl 33168
  • Years Owned: 26
  • Home Equity: -
  • Mortgage Balance Remaining: $544,185
  • Financed amount: -
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: Yes

Schools

  • Middle School: North Miami Middle School with 3/10 star rating
  • High School: North Miami Senior High School with 2/10 star rating