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BNBCalc Short Term Rental Investment Analysis 4000 Gulf Terrace Dr, Destin, FL, 32541

2 bed • 1 bath • 6 guests • $299,000

BNB

Calc

Annual Revenue

$43,208

Profit (Cash Flow)

$3,742

Cap Rate

8.0%

Annual Revenue

$43,208

AirDNA projects $217/night at 48% occupancy ($38,043). Airbtics projects $141/night at 62% occupancy ($31,929). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 70% occupancy rate, $169 rate per night.

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

Percentiles25%50%75%90%
Revenue$20,646$27,921$45,748$70,091
Occupancy55%61%70%82%
Nightly Rate$96$118$169$222

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Knotty n Nice*Lake View*Heated Pool

No image available

$69,223
$263
69%
221$165✅❌✅Y / Y⭐️ 5 (47)
Vacation Destination*Heated Pool*Central Destin

No image available

$55,999
$218
65%
211$165✅❌✅Y / Y⭐️ 4.5 (41)
LOVELY CONDO with shared POOL,Wi-Fi and PATIO

No image available

$19,358
$74
57%
211$140✅❌✅Y / Y⭐️ 4.5 (129)
2 bedroom/1 bathroom ,3 pools , ground floor

No image available

$22,653
$92
63%
211$160✅❌✅Y / Y⭐️ 5 (55)
2 bd condo right in the heart of Destin. Sleeps 6

No image available

$19,057
$71
60%
211$165✅❌❌Y / Y⭐️ 5 (293)
Coastal Condo in the Heart of Destin

No image available

$20,619
$105
51%
222$170✅❌❌Y / Y⭐️ 4.7 (34)
DestinBeachPlease • SpringBreak • Family Friendly

No image available

$36,696
$157
59%
211$199✅❌✅Y / Y⭐️ 5 (45)
Marlin n More - Stay with the Greatest!

No image available

$33,408
$106
82%
221$145✅❌✅Y / Y⭐️ 5 (143)
Stunning Oceanfront-Heated Pool-Private Beach

No image available

$55,804
$193
79%
221$0✅❌❌Y / Y⭐️ 5 (197)
GR8 Location! Pools/Lake, Walk 2 Restaurants/Shops

No image available

$37,714
$184
54%
213$190✅❌❌Y / Y⭐️ 4.5 (6)
Come find your Destiny in Destin!!!

No image available

$33,751
$148
57%
213$110✅❌✅Y / Y⭐️ 5 (187)
Destin beaches at an affordable rate

No image available

$29,501
$90
85%
212$125✅❌✅Y / Y⭐️ 5 (222)
Captains Quarters*Heated Pool*Pet Friendly

No image available

$54,202
$166
83%
221$165✅❌✅Y / Y⭐️ 5 (98)
❤ Turtles Nest 🏖 Mins to the Beach☀ Family Condo❤

No image available

$40,854
$188
56%
212$125✅❌✅Y / Y⭐️ 5 (219)
Come SEA us! Lake front condo+3 pools+tennis.

No image available

$23,923
$94
62%
221$140✅❌✅Y / Y⭐️ 5 (180)
Emerald Towers 1103

No image available

$80,734
$262
82%
221$275✅❌❌Y / Y⭐️ 0 (2)
SunSational Paradise Ground floor

No image available

$23,078
$94
58%
212$150✅❌✅Y / Y⭐️ 4.5 (105)
The Gulf Getaway-Spacious-Sleeps 6!

No image available

$36,135
$152
62%
212$150✅❌❌Y / Y⭐️ 5 (62)
ACASA- Lakefront, King bed, CLEAN

No image available

$24,318
$120
52%
221$150✅❌❌Y / Y⭐️ 5 (185)
Short walk to Beach*Complex Pool*FREE BEACH SETUP

No image available

$22,665
$110
52%
212$130✅❌✅Y / Y⭐️ 5 (83)
Turquoise Condo - 2BED/2BATH with pools

No image available

$22,780
$103
58%
223$165✅❌✅Y / Y⭐️ 5 (38)
Eden Escape*Lake View*Heated Pool*Pet Friendly

No image available

$91,223
$382
62%
211$165✅❌✅Y / Y⭐️ 5 (81)
White soft sand beautiful beaches just mins away.

No image available

$30,201
$126
63%
212$160✅❌✅Y / Y⭐️ 5 (23)
Sunny Days 2BR Condo with Heated Pool & PickleBall

No image available

$22,337
$98
60%
211$170✅❌❌Y / Y⭐️ 5 (43)
SandCrystal Condo + Heated Pool + PickleBall Court

No image available

$20,973
$101
51%
221$175✅❌❌Y / Y⭐️ 5 (29)
Salt Life Time - Because you deserve the Best!

No image available

$33,302
$102
84%
221$135✅❌✅Y / Y⭐️ 5 (89)
Shore? Why Knot • 100% Renovated+3Pools+Tennis

No image available

$23,667
$77
78%
21.51$140✅❌✅Y / Y⭐️ 5 (45)
Sterling Sands #603 | Remodeled beachfront condo

No image available

$79,619
$277
78%
222$150✅✅❌Y / Y⭐️ 4.5 (14)
Partial OCEAN VIEW - Center of Destin - 2bed/2bath

No image available

$31,067
$120
67%
222$150✅❌✅Y / Y⭐️ 4.5 (38)
Emerald Pulse in the Heart of Destin

No image available

$23,161
$92
61%
211$154✅❌❌Y / Y⭐️ 5 (87)
Relax in Destin 2BR Condo & Heated Pool

No image available

$16,715
$89
46%
211$175✅❌❌Y / Y⭐️ 4.8 (26)
La Vida Loca in Destin - Sleeps 8!

No image available

$21,561
$99
55%
212$165✅❌❌Y / Y⭐️ 5 (30)
❤ Mermaids Retreat 🏖 Mins to Beach☀ Family Condo❤

No image available

$41,863
$177
61%
212$125✅❌✅Y / Y⭐️ 5 (195)
❤ Sailors Cove 🏖 Mins to the Beach☀ Family Condo❤

No image available

$40,400
$167
62%
212$125✅❌✅Y / Y⭐️ 5 (209)
Resort Style condo near Henderson Beach

No image available

$28,843
$116
65%
212$155✅❌✅Y / Y⭐️ 5 (72)
Discounted rates for Sept-Oct! Message Host!

No image available

$32,931
$179
49%
21.52$155✅❌❌Y / Y⭐️ 4.5 (34)
Sunny Daze 0.8 Miles to beach, monthly discount

No image available

$35,949
$126
76%
211$135✅❌❌Y / Y⭐️ 5 (88)
Spring Break/Destin Lake View Condo w Pools

No image available

$20,312
$93
50%
222$165✅❌❌Y / Y⭐️ 4.5 (97)
Cozy Condo in Destin FL

No image available

$26,918
$97
73%
221$150✅❌❌Y / Y⭐️ 5 (30)

Return Metrics

4.98% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$3,741$7,483$11,225$14,966$18,708$37,416$112,250
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$239,200$239,200$239,200$239,200$239,200$239,200$239,200
Down Payment$59,800$59,800$59,800$59,800$59,800$59,800$59,800
Property Appreciation$8,970$18,209$27,725$37,527$47,622$102,830$426,751
Total Return$311,711$324,692$337,950$351,493$365,331$439,247$838,001

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

4.98%

Cap Rate

7.99%

Return on Investment

20.85%

property-location

4000 Gulf Terrace Dr Destin, Florida, 32541

2 bed • 1 bath • 6 guests

Est. $1,434/mo

Agent

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42

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

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

$34,987

Avg annual revenue

62%

Avg occupancy rate

$141

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

$40k

$65k

$90k

Sign up to see the data on 40 all comparables

$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

1.19

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

4.98%

Cap Rate

7.99%

Profit (Cummulative)

$3,742

$239,200

$6,250

$8,970

$0

Total Gain

$15,649

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

$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

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:

-

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: -


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