BNBCalc Short Term Rental Investment Analysis 400 Edinburgh Drive, Cary, NC

4 bed • 3 bath • 12 guests • $925,000

BNB

Calc

Report by:

Luchia Cheng

Realtor at Luchia Cheng Real Estate & Design

semismile@gmail.com

Annual Revenue

$56,028

Profit (Cash Flow)

$25,907

Cap Rate

3.8%

Annual Revenue

$56,028

AirDNA projects $310/night at 62% occupancy ($70,199). Airbtics projects $236/night at 65% occupancy ($56,028). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 65% occupancy rate, $236 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$37,111	$53,439	$74,454	$118,690
Occupancy	59%	67%	73%	80%
Nightly Rate	$167	$209	$268	$392

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
House in Cary with game room	$48,229	$176	70%	4	3	1	$149	❌	❌	✅	Y / Y	⭐️ 5 (370)
Beautiful 4 bedroom home in the heart of Cary, NC	$38,351	$141	68%	4	2.5	2	$130	❌	❌	✅	Y / Y	⭐️ 5 (189)
4BR Home \| Quiet Cul-de-sac \| Large Groups \| RDU	$51,123	$164	76%	4	2.5	1	$195	❌	❌	❌	Y / Y	⭐️ 5 (93)
Bright Cary Home with Deck < 15 Mi to Raleigh!	$146,308	$407	96%	4	4.5	2	$232	❌	❌	❌	Y / Y	⭐️ 5 (52)
Spacious Living \| King Main Level \| Walk to DTCary	$77,947	$229	93%	4	2.5	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (79)
Serene Landing Place near Downtown Cary	$46,997	$142	86%	4	3	7	$135	✅	❌	❌	Y / Y	⭐️ 5 (69)
Charming 1930 Bungalow Home in Downtown Cary!	$59,915	$261	61%	4	2	2	$149	❌	❌	❌	Y / Y	⭐️ 5 (298)
4BR 1918 House in the Heart of Downtown Cary!	$50,505	$193	70%	4	3	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (59)
Trendy “Talk of the Town” House in Cary-4BR 3.5BA	$67,362	$304	60%	4	3.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (188)
the Peak Downtown Charmer	$68,195	$247	73%	4	2	2	$199	❌	✅	✅	Y / Y	⭐️ 5 (51)
2 Story 2000sqf House! Spacious, Clean, Modern!	$26,876	$87	78%	4	2.5	2	$169	❌	❌	❌	Y / Y	⭐️ 4.5 (260)
Luxe Modern Retreat - Large Groups (2 King/3 Qns)	$72,433	$298	65%	4	3	2	$170	❌	❌	❌	Y / Y	⭐️ 5 (66)
Luxury home with private backyard, upscale nbhd	$85,287	$491	46%	4	4.5	3	$300	✅	❌	❌	Y / Y	⭐️ 5 (21)
Stunning "White Pine" Cary-9 min walk to Cary Park	$56,325	$188	79%	4	2.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (58)
Bright, light-filled home in Cary!	$91,589	$259	95%	4	2.5	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (171)
Triangle Comfort-in House in the Heart of Apex	$51,656	$192	70%	4	3.5	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (47)
Pet Friendly Fenced In 4 BDRM 3 BA DT Cary Home	$73,708	$262	74%	4	3	2	$250	❌	❌	✅	Y / Y	⭐️ 5 (32)
Designer Home - Pool - KingBed - Billiards - Grill	$52,553	$212	66%	4	3	1	$175	✅	❌	✅	Y / Y	⭐️ 4.5 (23)
Southern Serenity: Family Friendly 4 Bedroom Home	$50,604	$156	80%	4	3	2	$175	❌	❌	❌	Y / Y	⭐️ 5 (128)
Outdoor Oasis - Pool, Hot Tub, Fireplace, Kitchen	$93,923	$391	65%	4	3	5	$179	✅	✅	✅	Y / Y	⭐️ 5 (48)
Tranquil Oasis: Serene Retreat with Pool	$55,426	$234	60%	4	3	2	$165	✅	❌	❌	Y / Y	⭐️ 5 (47)
Cozy Cary Retreat Near Parks & Fall Attractions	$54,762	$199	71%	4	2	1	$170	❌	❌	❌	Y / Y	⭐️ 5 (79)
Southern Charm and Comfort in a Fabulous Location!	$33,662	$118	70%	4	2	2	$150	❌	❌	✅	Y / Y	⭐️ 4.5 (89)
Lawrence Homestead @ Walnut St Park \| Fenced \| 4BR	$62,262	$244	63%	4	2.5	1	$250	❌	❌	✅	Y / Y	⭐️ 5 (40)
Beautiful Family Friendly Home in Apex	$44,285	$140	77%	4	3	2	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (105)
Villa Raleigh/Cary	$63,164	$472	36%	4	3.5	5	$175	✅	❌	✅	Y / Y	⭐️ 5 (3)
Triangle Forest Retreat in The Heart of Cary	$69,049	$344	53%	4	2	3	$175	❌	❌	❌	Y / Y	⭐️ 5 (53)
4BR, 4full-BA, Pet-Friendly,2100SF New House	$54,772	$205	73%	4	4	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (24)
EV Charger\|King Bed\|Pets OK\|Bond Lake	$71,418	$286	65%	4	2	2	$300	❌	❌	✅	Y / Y	⭐️ 5 (7)
Family Fun 5 bedroom Home in Cary	$40,890	$164	62%	4	3	2	$175	✅	❌	❌	Y / Y	⭐️ 4.6 (71)
Cozy Home in the heart of Cary near NCSU UNC DUKE	$34,335	$159	59%	4	2.5	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (12)
Cozy 4bd Home \| NC State & Airport nearby \| BBQ	$48,488	$207	64%	4	3	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (15)
Cozy Pool Home \| MTR \| Temp-housing	$70,624	$402	48%	4	3	3	$0	✅	❌	✅	N / Y	⭐️ 0 (0)
Spacious Cary Home \| Perfect for Families & Groups	$39,489	$189	54%	4	2.5	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (9)
La Casita Cary- 1/2 mi. walking distance to shops!	$33,202	$168	54%	4	2.5	60	$175	✅	❌	❌	Y / Y	⭐️ 5 (6)
4BR art-filled home with fireplace - dog-friendly	$18,469	$263	16%	4	4	2	$169	❌	❌	✅	Y / Y	⭐️ 5 (2)
Downtown Cary - Large White Bungalow Home	$37,888	$225	45%	4	2	5	$175	❌	❌	❌	Y / Y	⭐️ 4.5 (28)
The Downtown Charmer - Hot Tubsleeps 11, firepit	$75,850	$293	70%	4	2	2	$195	❌	✅	✅	Y / Y	⭐️ 4.9 (78)
Luxury 4 bedroom w/ loft in Cary	$32,832	$130	69%	4	2.5	30	$0	❌	✅	❌	Y / N	⭐️ 0 (1)
Cozy Cary Townhouse	$42,970	$201	56%	4	3	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (4)

Return Metrics

4.36% 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)	$25,907	$51,814	$77,721	$103,628	$129,536	$259,072	$777,217
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$369,999	$369,999	$369,999	$369,999	$369,999	$369,999	$369,999
Down Payment	$555,000	$555,000	$555,000	$555,000	$555,000	$555,000	$555,000
Property Appreciation	$27,750	$56,332	$85,772	$116,095	$147,328	$318,122	$1,320,217
Total Return	$978,657	$1,033,146	$1,088,494	$1,144,724	$1,201,864	$1,502,194	$3,022,434

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

4.36%

Cap Rate

3.79%

Return on Investment

9.78%

400 Edinburgh Dr Cary, North Carolina, 27511

4 bed • 3 bath • 12 guests

Purchase Price

Est. $4,437/mo

Inquire about this property

Contact Luchia

Realtor at Luchia Cheng Real Estate & Design

$952,500

Zestimate

Cary

Zoning

Laws

Airbnb Investor Score

-$1,070

Annual Profit

3.8%

Cap Rate

4.4%

Cash on Cash

$56,028

Annual Revenue

BNBCalc predicts this property will get $236 per night with 65% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 58% 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.

$57,343

Avg annual revenue

65%

Avg occupancy rate

$236

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

$60k

$100k

$145k

$25,907

Profit

Revenue

$56,028

Operating Expenses

$20,964

Operating Income

$35,065

Mortgage & Taxes

$9,158

Profit (Cash Flow)

$25,907

$565,750

Cash Investment

Down Payment

$555,000

Renos & Furnishing

$10,750

Total

$565,750

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

4.36%

Cap Rate

3.79%

Return on Investment

9.78%

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

$22,414

Deductible property tax

$9,158

Your total deduction

$98,967

Your adjusted annual income

$150,000 - $98,967 = $51,033

Taxes on $51,033 (30%)

$15,310

Your old tax bill

$45,000

Your new tax bill

$15,310

Estimated tax savings

$29,690

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:

0.6 sqft

Year built:

1973

Size:

2,828 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air, Natural Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 2

Lot size: 0.6 sqft

Building area: 2,828 sqft

Garage: Yes

Heating: Forced air, natural gas

Pool: No

Fireplaces: 1

Basement: No

Cooling: Central Air

View: -

Parking: Garage, Garage Door Opener, Parking Pad

Amenities: Dishwasher, Disposal, Dryer, Electric Oven, Gas Range, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator

Price per square foot: $336

Lot Info

Zoning: -

Land Use: -

Parcel Number: 0752862769

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $846,461

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $952,500

Schools

Elementary School: Briarcliff Elementary with 6/10 star rating
Middle School: East Cary Middle School with 6/10 star rating
High School: Cary High with 6/10 star rating