BNBCalc Short Term Rental Investment Analysis 340 Scenic Gulf Dr 6, Miramar Beach, FL, 32550

2 bed • 3 bath • 6 guests • $400,000

BNB

Calc

Annual Revenue

$59,352

Profit (Cash Flow)

$2,777

Cap Rate

7.4%

Annual Revenue

$59,352

AirDNA projects $272/night at 57% occupancy ($56,627). Airbtics projects $230/night at 61% occupancy ($51,243). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 65% occupancy rate, $250 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$32,048	$48,504	$81,690	$100,521
Occupancy	54%	61%	74%	81%
Nightly Rate	$158	$210	$293	$330

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Half duplex steps from beach • Free cruise tix!	$40,786	$147	71%	2	2.5	2	$199	✅	❌	✅	Y / Y	⭐️ 5 (68)
New Patio Furniture! Beautiful 2B/2B Beachfront	$53,636	$286	51%	2	2	5	$250	✅	✅	❌	Y / Y	⭐️ 5 (35)
Beach Set Up Included in Season!	$71,672	$222	85%	2	2	1	$325	✅	✅	❌	Y / Y	⭐️ 0 (2)
The Crescent 117 Beach service included in season!	$48,899	$213	60%	2	2	1	$325	✅	✅	❌	Y / Y	⭐️ 0 (1)
Beautiful 2 Bedroom Condo on the Beach in Destin	$50,667	$155	84%	2	2	3	$275	✅	✅	❌	Y / Y	⭐️ 4.5 (4)
Poinciana Miramar Beach 123, Close to Everything	$21,647	$96	55%	2	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (48)
Summer Lake Haven ~ Fall Specials! ~ 2Br/2.5Ba	$27,151	$152	44%	2	2.5	1	$186	✅	❌	❌	Y / Y	⭐️ 4 (5)
Shore to Please!	$32,597	$166	48%	2	2	2	$190	❌	❌	✅	Y / Y	⭐️ 5 (4)
Beachfront Edgewater 2BR Condo Stunning Views	$64,577	$288	60%	2	2	2	$185	✅	✅	❌	Y / Y	⭐️ 4 (33)
Snowbird Friendly-Edgewater #1007	$94,946	$357	72%	2	2	2	$180	✅	✅	❌	Y / Y	⭐️ 5 (5)
Completely Remodeled Gulf Views! Private Balcony	$79,045	$271	77%	2	2	1	$502	✅	✅	❌	Y / Y	⭐️ 0 (2)
Edgewater 1402 \| Incredible Views, Pool + Gym!	$108,682	$426	69%	2	2	2	$205	✅	✅	❌	Y / Y	⭐️ 0 (1)
Seashell Cove	$30,788	$126	62%	2	2	1	$150	✅	❌	❌	Y / Y	⭐️ 5 (72)
GORGEOUS 2 BEDROOM CONDO w/GULF VIEWS AND PATIO	$44,972	$194	62%	2	2	4	$175	✅	❌	❌	Y / Y	⭐️ 4.5 (10)
Life's A Breeze Here! Gulf Front 2BR Edgewater 606	$100,306	$386	71%	2	2	1	$0	❌	✅	❌	Y / Y	⭐️ 0 (1)
Miramar Beach- Steps to BEACH, Eateries & Pool!	$30,022	$128	58%	2	2.5	3	$170	✅	❌	❌	Y / Y	⭐️ 5 (7)
No cleaning fee! Walking distance to the beach!	$48,818	$234	57%	2	2.5	2	$0	✅	❌	❌	Y / Y	⭐️ 5 (121)
Beachfront Condo-Resort Pool-Short Walk 2 Beach	$45,070	$173	58%	2	2	1	$539	✅	❌	❌	Y / Y	⭐️ 0 (1)
The Crescent 309	$62,125	$207	82%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
Edgewater 201 Ground Floor + Amenities Galore!	$68,649	$299	60%	2	2	2	$205	✅	✅	❌	Y / Y	⭐️ 0 (1)
2BR Waterview Dog Friendly \| Pool \| Patio \| W/D	$17,505	$114	39%	2	2.5	2	$137	✅	❌	✅	Y / Y	⭐️ 5 (34)
Crescent 116. Brand New 100K remodel. Stunning 2br	$90,612	$324	76%	2	2	3	$325	✅	✅	❌	Y / Y	⭐️ 0 (1)
Gulf Front 2BR \| Balcony \| Pool \| Hot Tub \| HDTVs	$15,397	$195	21%	2	2	3	$137	✅	✅	❌	Y / Y	⭐️ 4.5 (26)
Blue Heron - Gorgeous New Remodeled Apartment	$89,643	$303	79%	2	2	2	$150	✅	❌	❌	Y / Y	⭐️ 5 (88)
Beach House-Pool-Relax-Location-Shop!	$33,115	$191	45%	2	2.5	2	$220	✅	❌	❌	Y / Y	⭐️ 5 (36)
Townhome- Steps to the BEACH-Pool & Groceries!	$23,988	$113	58%	2	2.5	3	$0	✅	❌	❌	Y / Y	⭐️ 5 (36)
The Crescent 410	$70,373	$258	74%	2	2	1	$325	✅	✅	❌	Y / Y	⭐️ 5 (3)
Steps to Beautiful Beach-POOL & Eateries Sleeps 7	$53,273	$186	76%	2	2.5	3	$170	✅	❌	❌	Y / Y	⭐️ 5 (134)
The Crescent 216	$89,543	$327	74%	2	2	1	$325	✅	✅	❌	Y / Y	⭐️ 0 (2)
Huntington By the Sea 206	$63,709	$247	66%	2	2	1	$220	✅	❌	❌	Y / Y	⭐️ 0 (2)
Edgewater 1205 On-Site Amenities, Great Location	$55,489	$313	46%	2	2	2	$205	✅	✅	❌	Y / Y	⭐️ 0 (0)
Beachfront Condo Resort w/Gulf View	$15,997	$143	27%	2	2	1	$137	✅	✅	❌	Y / Y	⭐️ 4 (20)
On the Beach, 2B/2B at Edgewater Beach Resort	$39,046	$163	59%	2	2	2	$225	✅	✅	❌	Y / Y	⭐️ 4.5 (15)
2BR \| Pool \| Tennis \| Beach Across the Street	$20,065	$159	31%	2	2	1	$137	✅	❌	❌	Y / Y	⭐️ 4.5 (46)
Edgewater #810 \| Gulf Views & On-Site Amenities!	$137,572	$454	81%	2	2	2	$180	✅	✅	❌	Y / Y	⭐️ 0 (1)
Edgewater 611 \| Pool + Amenities Galore!	$26,983	$122	58%	2	2	1	$180	✅	✅	❌	Y / Y	⭐️ 4.2 (4)
Miramar Beach Gulf Front Escape	$122,376	$311	100%	2	2	4	$225	✅	✅	❌	Y / Y	⭐️ 5 (9)
Edgewater 409 - Gulf Views! Beach & Pool Access!	$74,881	$285	67%	2	2	1	$502	✅	✅	❌	Y / Y	⭐️ 4.5 (3)
Miramar Beach (8 minute walk to beach) Paradise!	$33,195	$207	40%	2	2	2	$200	✅	❌	❌	Y / Y	⭐️ 4.8 (39)
Amazing Beach Front Condo! Free Beach Service in S	$71,358	$291	67%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (1)

Return Metrics

3.83% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$2,776	$5,553	$8,330	$11,106	$13,883	$27,766	$83,300
Revenue Appreciation	$1,780	$3,614	$5,503	$7,449	$9,453	$20,412	$84,711
Home Equity	$300,000	$300,000	$300,000	$300,000	$300,000	$300,000	$300,000
Down Payment	$100,000	$100,000	$100,000	$100,000	$100,000	$100,000	$100,000
Property Appreciation	$12,000	$24,360	$37,090	$50,203	$63,709	$137,566	$570,904
Total Return	$416,557	$433,527	$450,924	$468,759	$487,046	$585,745	$1,138,916

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

3.83%

Cap Rate

7.39%

Return on Investment

17.04%

340 Scenic Gulf Dr 6 Miramar Beach, Florida, 32550

2 bed • 3 bath • 6 guests

Purchase Price

Est. $1,919/mo

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Airbnb Investor Score

$2,776

Annual Profit

7.4%

Cap Rate

3.8%

Cash on Cash

$59,352

Annual Revenue

BNBCalc predicts this property will get $230 per night with 61% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 44% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

40 Airbnb Comparables

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

$56,729

Avg annual revenue

61%

Avg occupancy rate

$230

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

$55k

$95k

$140k

$2,777

Profit

Revenue

$59,352

Operating Expenses

$29,792

Operating Income

$29,561

Mortgage & Taxes

$26,784

Profit (Cash Flow)

$2,777

$118,750

Cash Investment

Down Payment

$100,000

Renos & Furnishing

$6,750

Closing Costs

$12,000

Total

$118,750

DSCR Ratio

Acceptable

1.10

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

3.83%

Cap Rate

7.39%

Return on Investment

17.04%

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

$17,798

Deductible property tax

$5,200

Your total deduction

$38,035

Your adjusted annual income

$150,000 - $38,035 = $111,965

Taxes on $111,965 (30%)

$33,590

Your old tax bill

$45,000

Your new tax bill

$33,590

Estimated tax savings

$11,410

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:

1,306 sqft

Year built:

1997

Size:

1,152 sqft

Type:

TOWNHOUSE

Parking:

Heating:

Electric

Sold Comparables

Property Details

MLS Status: N/A

Property Use: TOWNHOUSE

Stories: 2

Lot size: 1,306 sqft

Building area: 1,152 sqft

Garage: No

Heating: Electric

Pool: No

Fireplaces: -

Basement: No

Cooling: Electric, Ceiling Fan(s)

View: -

Parking: -

Amenities: Dishwasher, Dryer, Refrigerator, Electric Range, Washer

Price per square foot: $416

Lot Info

Zoning: -

Land Use: -

Parcel Number: 332S21428200000060

Flood Zone: Yes, Zone Moderate risk: Areas of 0.2% annual chance flood (500-year flood)

Tax Info

Year Assessed: 2023

Assessed Value: $393,120

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Middle School: Emerald Coast Middle School with 6/10 star rating
High School: South Walton High School with 8/10 star rating