BNBCalc Short Term Rental Investment Analysis 37 Marshall Pl

5 bed • 3 bath • 12 guests • $495,000

BNB

Calc

Annual Revenue

$59,725

Profit (Cash Flow)

$4,889

Cap Rate

7.7%

Annual Revenue

$59,725

AirDNA projects $292/night at 56% occupancy ($59,724). Airbtics projects $925/night at 47% occupancy ($158,789). Airbtics predicts this property will perform in the 132% revenue percentile

BNB Calc projects a 56.00000000000001% occupancy rate, $292 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$36,553	$56,333	$82,497	$117,802
Occupancy	42%	57%	59%	66%
Nightly Rate	$224	$255	$348	$450

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Pinehurst Eight	$62,434	$241	59%	4	4	1	$250	❌	❌	❌	Y / Y	⭐️ 5 (74)
Modern House- 4 bed/2 bath-Grill-Dog friendly!	$79,227	$345	59%	4	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (77)
Historic cottage in the heart of Pinehurst Village	$45,629	$278	42%	4	4	2	$175	❌	❌	✅	Y / Y	⭐️ 5 (72)
260 Linden - Available for 2024 Open	$61,039	$376	42%	4	4	1	$278	❌	❌	❌	Y / Y	⭐️ 4.3 (3)
Pinehurst Golf Retreat	$54,666	$231	56%	4	3	2	$240	✅	❌	❌	Y / Y	⭐️ 5 (96)
A Home in One	$49,668	$197	57%	4	3	1	$250	✅	❌	❌	Y / Y	⭐️ 5 (85)
Irons & Woods of Pinehurst	$40,040	$255	41%	4	3	1	$250	❌	❌	❌	Y / Y	⭐️ 5 (1)
Sleeps 12! - Pinehurst - Minutes to Resort 4BR	$62,255	$351	46%	4	3	3	$165	❌	❌	❌	Y / Y	⭐️ 5 (45)
The Scotsman Cottage - Available for 2024 Open!	$37,653	$250	39%	4	3	1	$139	❌	❌	❌	Y / Y	⭐️ 4.9 (20)
The Mulligan	$62,743	$218	69%	4	3	1	$250	❌	❌	❌	Y / Y	⭐️ 4.9 (65)
The Perfect Swing	$53,090	$171	69%	4	3	1	$250	❌	❌	❌	Y / Y	⭐️ 4.8 (105)
Cozy Cottage	$48,747	$195	63%	4	2	2	$135	❌	❌	❌	Y / Y	⭐️ 5 (166)
Pine Cone Cottage	$106,173	$500	57%	4	4	2	$225	❌	❌	✅	Y / Y	⭐️ 5 (6)
25 McQueen - 4 Bedroom House with Pool - Availabl	$64,364	$266	59%	4	3	1	$278	✅	❌	❌	Y / Y	⭐️ 4.8 (13)

Return Metrics

3.86% 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)	$4,889	$9,778	$14,668	$19,557	$24,446	$48,893	$146,680
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$396,000	$396,000	$396,000	$396,000	$396,000	$396,000	$396,000
Down Payment	$99,000	$99,000	$99,000	$99,000	$99,000	$99,000	$99,000
Property Appreciation	$14,850	$30,145	$45,899	$62,126	$78,840	$170,238	$706,494
Total Return	$514,739	$534,924	$555,567	$576,684	$598,287	$714,132	$1,348,175

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

3.86%

Cap Rate

7.73%

Return on Investment

19.43%

37 Marshall Pl Pinehurst, North Carolina, 28374-8280

5 bed • 3 bath • 12 guests

Purchase Price

Est. $2,374/mo

This property is for sale!

Contact Agent

$59,725

Annual Revenue

This property is projected to be in the top 132% revenue percentile compared to similar properties nearby.
Projected nightly rate is $292/night at 56% occupancy.Projected nightly rate is $925/night at 47% occupancy.

Occupancy Rate

Top 54% of comparables

Avg Daily Rate

Top 34% of comparables

Seasonality

15 Airbnb Comparables

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

$58,604

Avg annual revenue

52%

Avg occupancy rate

$298

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

$60k

$80k

$105k

$4,889

Profit

Revenue

$59,725

Operating Expenses

$21,444

Operating Income

$38,280

Mortgage & Taxes

$33,391

Profit (Cash Flow)

$4,889

$126,600

Cash Investment

Down Payment

$99,000

Renos & Furnishing

$12,750

Closing Costs

$14,850

Total

$126,600

DSCR Ratio

Acceptable

1.15

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

3.86%

Cap Rate

7.73%

Return on Investment

19.43%

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

$23,493

Deductible property tax

$4,900

Your total deduction

$58,260

Your adjusted annual income

$150,000 - $58,260 = $91,740

Taxes on $91,740 (30%)

$27,522

Your old tax bill

$45,000

Your new tax bill

$27,522

Estimated tax savings

$17,478

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:

15,246 sqft

Year built:

2018

Size:

2,320 sqft

Type:

SFR

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
145 Winchester Rd	3	2	1,590	-	18,121	2003	$360,500	-
4245 Murdocksville Rd	-	-	1,630	-	9,365	2015	$350,000	-
5 Gilmore Rd	3	2	0	-	9,365	-	$470,000	78
225 Gun Club Dr	2	2	1,304	-	11,413	1973	$310,000	-
4115 Murdocksville Rd	4	2	3,020	-	9,409	2016	$427,000	48
231 Gun Club Dr	4	2	2,000	-	11,456	2018	$450,000	-
2640 Longleaf Dr Sw	3	2	1,580	-	11,064	2015	$380,000	48
33 Marshall Pl	3	2	1,056	-	16,945	1982	$255,000	-
2670 Longleaf Dr Sw	1	2	1,254	-	14,288	1974	$195,000	52
7 Cypress Ln	4	2	0	-	10,062	-	$483,000	241

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 0

Lot size: 15,246 sqft

Building area: 2,320 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R8

Land Use: Residential

Parcel Number: 00013989

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $389,580

County Est. Land Value: $55,000

Assessed Land Value: $55,000

County Est. Structure Value: $334,580

Market Estimate: $381,451

Sale history

Date	Sale Price	% Financed	Buyer
02/02/23	$453,000	96%	Patric M Alexander, Jessica L Alexander
02/17/20	$268,000	103%	Kara Lynn Yost, Joshua G Yost
08/15/18	$229,500	101%	Alex N Kaufman, Sheena J Kaufman
01/30/08	$26,000	0%	Donald Sheppard, Sheppard Cayce

Ownership

Name: Patric M Alexander

Owner Occupied: Yes

Owner Mailing Address: 37 Marshall Pl, Pinehurst, Nc 28374

Years Owned: 16

Home Equity: -

Mortgage Balance Remaining: $437,450

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Middle School: West Pine Middle School with 4/10 star rating
High School: Pinecrest High School with 6/10 star rating