BNBCalc Short Term Rental Investment Analysis 400 N Church St Unit 608 Charlotte NC 28202

2 bed • 2 bath • 6 guests • $475,000

BNB

Calc

Annual Revenue

$45,900

Profit (Cash Flow)

-$5,189

Cap Rate

5.7%

Annual Revenue

$45,900

AirDNA projects $213/night at 59% occupancy ($45,900).

BNB Calc projects a 59% occupancy rate, $213 rate per night.

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

Return Metrics

-4.48% 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)	-$5,188	-$10,377	-$15,566	-$20,755	-$25,944	-$51,888	-$155,664
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$380,000	$380,000	$380,000	$380,000	$380,000	$380,000	$380,000
Down Payment	$95,000	$95,000	$95,000	$95,000	$95,000	$95,000	$95,000
Property Appreciation	$14,250	$28,927	$44,045	$59,616	$75,655	$163,360	$677,949
Total Return	$484,061	$493,549	$503,478	$513,861	$524,711	$586,472	$997,285

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-4.48%

Cap Rate

5.65%

Return on Investment

11.85%

400 N Church St Unit 608 Charlotte, NC, 28202

2 bed • 2 bath • 6 guests

Purchase Price

Est. $2,278/mo

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$567,900

Zestimate

$45,900

Annual Revenue

AirDNA projects $213/night at 59% occupancy ($45,900.21).

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$5,189

Profit

Revenue

$45,900

Operating Expenses

$19,047

Operating Income

$26,853

Mortgage & Taxes

$32,042

Profit (Cash Flow)

-$5,189

$115,750

Cash Investment

Down Payment

$95,000

Renos & Furnishing

$6,500

Closing Costs

$14,250

Total

$115,750

DSCR Ratio

Weak

0.84

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-4.48%

Cap Rate

5.65%

Return on Investment

11.85%

STR Tax Calculator (USA)

On purchasing an Airbnb property, you can subtract the bonus depreciation value and interest payments 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

$22,544

Deductible property tax

$4,703

Your total deduction

$108,061

Your adjusted annual income

$150,000 - $108,061 = $41,939

Taxes on $41,939 (30%)

$12,582

Your old tax bill

$45,000

Your new tax bill

$12,582

Estimated tax savings

$32,418

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

173 sqft

Year built:

1997

Size:

1,423 sqft

Type:

CONDO

Parking:

Heating:

FORCED AIR

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Condominium

Stories: 1

Lot size: 173 sqft

Building area: 1,423 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: UMUD

Land Use: Residential

Parcel Number: 07802763

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $375,766

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $375,766

Market Estimate: -