4000 Gulf Terrace Dr Destin, Florida, 32541
2 bed • 1 bath • 6 guests
Est. $1,434/mo

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Airbnb Investor Score
$3,741
Annual Profit
8.0%
Cap Rate
5.0%
Cash on Cash
$43,208
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $217/night at 48% occupancy.Projected nightly rate is $141/night at 62% occupancy.
Top 26% of comparables
Top 26% of comparables
Seasonality
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40
Airbnb Comparables
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$34,987
Avg annual revenue
62%
Avg occupancy rate
$141
Avg nightly rate
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Revenue per year
$15k
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$3,742
Profit
Revenue
$43,208
Operating Expenses
$19,297
Operating Income
$23,911
Mortgage & Taxes
$20,170
Profit (Cash Flow)
$3,742
$75,020
Cash Investment
Down Payment
$59,800
Renos & Furnishing
$6,250
Closing Costs
$8,970
Total
$75,020
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
4.98%
Cap Rate
7.99%
STR Tax Calculator (USA)
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
$14,191
Deductible property tax
$2,960
Your total deduction
$26,742
Your adjusted annual income
$150,000 - $26,742 = $123,258
Taxes on $123,258 (30%)
$36,977
Your old tax bill
$45,000
Your new tax bill
$36,977
Estimated tax savings
$8,023
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
1973
Size:
1,000 sqft
Type:
CONDO
Parking:
-
Heating:
-
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: CONDO
- Stories: 1
- Lot size: -
- Building area: 1,000 sqft
- Garage: No
- Heating:
- Pool: No
- Fireplaces: -
- Basement: No
- Cooling: Electric
- View: -
- Parking: -
- Amenities: Dishwasher, Microwave, Electric Water Heater
- Price per square foot: $299
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 002S22109500000189
- Flood Zone: No
Tax Info
- Year Assessed: 2023
- Assessed Value: $245,000
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools