BNBCalc Short Term Rental Investment Analysis 36 Inlet Way, Chocowinity, NC 27817

3 bed • 2 bath • 9 guests • $425,000

BNB

Calc

Annual Revenue

$63,498

Profit (Cash Flow)

$12,894

Cap Rate

9.8%

Annual Revenue

$63,498

AirDNA projects $258/night at 58% occupancy ($54,655). Airbtics projects $285/night at 61% occupancy ($63,497). Airbtics predicts this property will perform in the 52% revenue percentile

BNB Calc projects a 61% occupancy rate, $285 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$50,101	$57,517	$78,350	$86,978
Occupancy	53%	65%	70%	79%
Nightly Rate	$204	$273	$319	$443

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Vacation Retreat - 3-Bedroom/Den waterfront home.	$61,543	$295	57%	3	3	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (31)
Gorgeous North Carolina Retreat w/ Fire Pit!	$40,153	$159	69%	3	3	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (46)
Stunning 3 bedroom home in the historic district!	$62,066	$278	61%	3	3	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (29)
The River Club II	$83,778	$327	70%	3	3	3	$0	✅	❌	❌	Y / Y	⭐️ 5 (13)
The Little Bonner St. House in Historic Downtown	$50,812	$184	71%	3	2	2	$95	❌	❌	✅	Y / Y	⭐️ 5 (51)
Chocowinity Waterfront Getaway w/ Boat Dock!	$86,639	$269	88%	3	3	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (15)
Classic 1940's Cottage on Pamlico River	$53,491	$185	79%	3	2	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (21)
The River Club	$49,864	$262	52%	3	2	3	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (30)
Downtown Historic Waterfront 3BR Home	$90,031	$442	52%	3	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (9)

Return Metrics

12.13% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$12,893	$25,787	$38,681	$51,575	$64,469	$128,938	$386,814
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$340,000	$340,000	$340,000	$340,000	$340,000	$340,000	$340,000
Down Payment	$85,000	$85,000	$85,000	$85,000	$85,000	$85,000	$85,000
Property Appreciation	$12,750	$25,882	$39,408	$53,341	$67,691	$146,164	$606,586
Total Return	$450,643	$476,670	$503,090	$529,916	$557,160	$700,102	$1,418,400

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

12.13%

Cap Rate

9.77%

Return on Investment

28.06%

36 Inlet Way Chocowinity, NC, 27817

3 bed • 2 bath • 9 guests

Purchase Price

Est. $2,038/mo

This property is for sale!

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Airbnb Investor Score

$12,893

Annual Profit

9.8%

Cap Rate

12.1%

Cash on Cash

$63,498

Annual Revenue

This property is projected to be in the top 52% revenue percentile compared to similar properties nearby.
Projected nightly rate is $258/night at 58% occupancy.Projected nightly rate is $285/night at 61% 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.

$61,330

Avg annual revenue

61%

Avg occupancy rate

$285

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

$35k

$50k

$70k

$90k

$12,894

Profit

Revenue

$63,498

Operating Expenses

$21,935

Operating Income

$41,563

Mortgage & Taxes

$28,669

Profit (Cash Flow)

$12,894

$106,250

Cash Investment

Down Payment

$85,000

Renos & Furnishing

$8,500

Closing Costs

$12,750

Total

$106,250

DSCR Ratio

Strong

1.45

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

12.13%

Cap Rate

9.77%

Return on Investment

28.06%

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

$20,171

Deductible property tax

$4,208

Your total deduction

$30,383

Your adjusted annual income

$150,000 - $30,383 = $119,617

Taxes on $119,617 (30%)

$35,885

Your old tax bill

$45,000

Your new tax bill

$35,885

Estimated tax savings

$9,115

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:

MOBILE

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: MOBILE

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

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -