BNBCalc Short Term Rental Investment Analysis 429 Island Creek Rd, Lake Lure, NC 28746, USA

3 bed • 2 bath • 5 guests • $349,000

BNB

Calc

Report by:

luke@altituderegroup.com

Annual Revenue

$67,234

Profit (Cash Flow)

$21,871

Cap Rate

13.0%

Annual Revenue

$67,234

AirDNA projects $354/night at 52% occupancy ($67,234).

BNB Calc projects a 52% occupancy rate, $354 rate per night.

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

Return Metrics

24.63% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$21,871	$43,742	$65,613	$87,484	$109,356	$218,712	$656,137
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,428	$7,068	$10,933	$15,036	$19,392	$45,549	$279,200
Down Payment	$69,800	$69,800	$69,800	$69,800	$69,800	$69,800	$69,800
Property Appreciation	$10,470	$21,254	$32,361	$43,802	$55,586	$120,026	$498,114
Total Return	$105,569	$141,865	$178,708	$216,123	$254,135	$454,088	$1,503,251

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

24.63%

Cap Rate

13.01%

Return on Investment

40.29%

429 Island Creek Rd Lake Lure, North Carolina, 28746-9303

3 bed • 2 bath • 5 guests

Purchase Price

Est. $1,674/mo

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$67,234

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$21,871

Profit

Revenue

$67,234

Operating Expenses

$21,820

Operating Income

$45,414

Mortgage & Taxes

$23,542

Profit (Cash Flow)

$21,871

$88,770

Cash Investment

Down Payment

$69,800

Renos & Furnishing

$8,500

Closing Costs

$10,470

Total

$88,770

DSCR Ratio

Strong

1.93

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

24.63%

Cap Rate

13.01%

Return on Investment

40.29%

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

$16,564

Deductible property tax

$3,455

Your total deduction

$13,877

Your adjusted annual income

$150,000 - $13,877 = $136,123

Taxes on $136,123 (30%)

$40,837

Your old tax bill

$45,000

Your new tax bill

$40,837

Estimated tax savings

$4,163

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com