BNBCalc Short Term Rental Investment Analysis 400 Plantation Rd # 3121 Gulf Shores AL 36542

2 bed • 2 bath • 6 guests • $319,000

BNB

Calc

Annual Revenue

$46,426

Profit (Cash Flow)

$7,269

Cap Rate

8.7%

Annual Revenue

$46,426

AirDNA projects $207/night at 53% occupancy ($40,070). Airbtics projects $223/night at 57% occupancy ($46,426). Airbtics predicts this property will perform in the 31% revenue percentile

BNB Calc projects a 57% occupancy rate, $223 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$44,277	$52,088	$54,154	$57,955
Occupancy	48%	59%	67%	73%
Nightly Rate	$206	$226	$238	$307

Seasonality (Profit by Month)

Return Metrics

8.78% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$7,268	$14,537	$21,806	$29,074	$36,343	$72,686	$218,060
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$255,199	$255,199	$255,199	$255,199	$255,199	$255,199	$255,199
Down Payment	$63,800	$63,800	$63,800	$63,800	$63,800	$63,800	$63,800
Property Appreciation	$9,570	$19,427	$29,579	$40,037	$50,808	$109,709	$455,296
Total Return	$335,838	$352,964	$370,385	$388,112	$406,151	$501,396	$992,357

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

8.78%

Cap Rate

8.71%

Return on Investment

24.49%

400 Plantation Rd # 3121 Gulf Shores AL 36542 Gulf Shores, AL, 36542

2 bed • 2 bath • 6 guests

Purchase Price

Est. $1,530/mo

This property is for sale!

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$46,426

Annual Revenue

BNBCalc predicts this property will get $223 per night with 57% occupancy, putting it in the top 31% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 51% of comparables

Seasonality

$7,269

Profit

Revenue

$46,426

Operating Expenses

$18,611

Operating Income

$27,815

Mortgage & Taxes

$20,546

Profit (Cash Flow)

$7,269

$82,770

Cash Investment

Down Payment

$63,800

Renos & Furnishing

$9,400

Closing Costs

$9,570

Total

$82,770

DSCR Ratio

Strong

1.35

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

8.78%

Cap Rate

8.71%

Return on Investment

24.49%

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

$13,863

Deductible property tax

$3,158

Your total deduction

$25,327

Your adjusted annual income

$150,000 - $25,327 = $124,673

Taxes on $124,673 (30%)

$37,402

Your old tax bill

$45,000

Your new tax bill

$37,402

Estimated tax savings

$7,598

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:

198,586 sqft

Year built:

1983

Size:

785 sqft

Type:

CONDO

Parking:

Heating:

NONE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
400 Plantation Rd # 2115	2	1	785	-	198,586	1983	$300,000	220
375 Plantation Rd # 5212	2	1	785	-	0	1984	$375,000	18
400 Plantation Rd # 3120	2	1	785	-	198,586	1983	$0	64
400 Plantation Rd # 2313	2	1	785	-	198,586	1983	$360,000	181
400 Plantation Rd # 4105	2	1	785	-	198,586	1983	$287,500	112
527 Beach Club Trl # C1003-C	2	1	1,041	-	213,444	-	$0	-
645 Plantation Rd # 6409	2	1	915	-	130,680	1998	$475,000	58
400 Plantation Rd # 3327	2	1	785	-	198,586	1983	$315,000	91
400 Plantation Rd # 3224	2	1	785	-	198,586	1983	$289,000	109
400 Plantation Rd # 1307	2	1	785	-	198,586	1983	$305,000	251

Property Details

MLS Status: Active

Property Use: Condominium

Stories: 0

Lot size: 198,586 sqft

Building area: 785 sqft

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 68-09-29-0-000-003.001-942-A1

Flood Zone: Yes, Zone 0.2

Tax Info

Year Assessed: 2022

Assessed Value: $44,740

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $223,700

Market Estimate: $319,752

Sale history

Date	Sale Price	% Financed	Buyer
10/18/17	$170,000	0%	Diane P Buchanan
07/15/14	$132,200	84%	Valdez,Estevan Iii & Pamela S
11/05/10	$143,250	74%	Charles E Ford, Janet I Ford
03/29/10	$75,000	0%	Phillips Builders Inc
09/15/09	$0	0%	Federal Hm Ln Mtg Corp
09/14/09	$131,000	0%	Citimortgage
06/29/04	$210,350	94%	Thomas R King, Donna M King

Ownership

Name: Diane P Buchanan

Owner Occupied: No

Owner Mailing Address: 670 Moseley Rd, Stockbridge, Ga 30281

Years Owned: 76

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 94%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No