BNBCalc Short Term Rental Investment Analysis 318 Iris Ave, Corona Del Mar, CA 92625

2 bed • 1 bath • 6 guests • $3,150,000

BNB

Calc

Annual Revenue

$89,810

Profit (Cash Flow)

-$148,035

Cap Rate

2.0%

Annual Revenue

$89,810

AirDNA projects $385/night at 71% occupancy ($99,839). Airbtics projects $367/night at 67% occupancy ($89,809). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 67% occupancy rate, $367 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$45,047	$79,825	$132,337	$210,453
Occupancy	56%	70%	81%	87%
Nightly Rate	$215	$304	$436	$649

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Charming Corona del Mar Getaway - renovated!	$34,161	$233	38%	2	1	3	$99	❌	❌	❌	Y / Y	⭐️ 4.6 (123)
Newly built unit in Corona del Mar - walk to beach	$177,327	$809	59%	2	3	5	$200	❌	❌	❌	Y / Y	⭐️ 5 (29)
Corona del Mar Village Apartment	$63,966	$209	82%	2	1	4	$125	❌	❌	❌	Y / Y	⭐️ 5 (257)
Corona Del Mar Beach Living - recently renovated!	$46,250	$271	43%	2	2	3	$175	❌	❌	❌	Y / Y	⭐️ 4.7 (183)
SoCal's Finest Gem on Dahlia	$56,541	$167	79%	2	2	1	$500	❌	❌	❌	Y / Y	⭐️ 4.6 (22)
Perfection by the Sea in CDM	$219,242	$632	94%	2	2	3	$100	❌	❌	✅	Y / Y	⭐️ 5 (8)
Polished Home Steps from Corona del Mar Beach	$89,904	$337	72%	2	2	13	$250	❌	❌	❌	Y / Y	⭐️ 5 (14)
2 Bedroom home in CDM-Short walk to Ocean Views	$31,219	$151	55%	2	1	30	$249	❌	❌	✅	Y / Y	⭐️ 4.7 (3)
Cottage by the Sea (dog friendly)	$117,205	$441	69%	2	2	5	$395	❌	❌	✅	Y / Y	⭐️ 5 (83)
Awesome Cottage, Ride to Beach/PCH,Parking,Bikes	$138,250	$421	87%	2	2	3	$235	❌	❌	❌	Y / Y	⭐️ 4.8 (7)

Return Metrics

-20.25% 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)	-$148,034	-$296,069	-$444,103	-$592,138	-$740,172	-$1,480,345	-$4,441,035
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,520,000	$2,520,000	$2,520,000	$2,520,000	$2,520,000	$2,520,000	$2,520,000
Down Payment	$630,000	$630,000	$630,000	$630,000	$630,000	$630,000	$630,000
Property Appreciation	$94,500	$191,835	$292,090	$395,352	$501,713	$1,083,336	$4,495,876
Total Return	$3,096,465	$3,045,765	$2,997,986	$2,953,214	$2,911,540	$2,752,991	$3,204,841

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-20.25%

Cap Rate

2.04%

Return on Investment

-3.09%

318 Iris Ave Corona Del Mar, CA, 92625

2 bed • 1 bath • 6 guests

Purchase Price

Est. $15,109/mo

This property is for sale!

Contact Agent

-79

Airbnb Investor Score

-$148,034

Annual Profit

2.0%

Cap Rate

-20.3%

Cash on Cash

$89,810

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $385/night at 71% occupancy.Projected nightly rate is $367/night at 67% occupancy.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

10 Airbnb Comparables

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

$97,406

Avg annual revenue

67%

Avg occupancy rate

$367

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

$90k

$155k

$220k

-$148,035

Profit

Revenue

$89,810

Operating Expenses

$25,355

Operating Income

$64,455

Mortgage & Taxes

$212,489

Profit (Cash Flow)

-$148,035

$730,750

Cash Investment

Down Payment

$630,000

Renos & Furnishing

$6,250

Closing Costs

$94,500

Total

$730,750

DSCR Ratio

Weak

0.30

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-20.25%

Cap Rate

2.04%

Return on Investment

-3.09%

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

$149,502

Deductible property tax

$31,185

Your total deduction

$460,962

Your adjusted annual income

$150,000 - $460,962 = -$310,962

Taxes on -$310,962 (30%)

-$93,289

Your old tax bill

$45,000

Your new tax bill

-$93,289

Estimated tax savings

$138,289

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:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

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 AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -