BNBCalc Short Term Rental Investment Analysis 501 S Melville Ave Apt 4 Tampa FL 33606

2 bed • 3 bath • 6 guests • $695,600

BNB

Calc

Annual Revenue

$56,978

Profit (Cash Flow)

-$11,032

Cap Rate

5.2%

Annual Revenue

$56,978

AirDNA projects $240/night at 65% occupancy ($56,978). Airbtics projects $208/night at 63% occupancy ($47,861). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 65% occupancy rate, $240 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$34,205	$49,518	$66,491	$87,909
Occupancy	49%	62%	78%	88%
Nightly Rate	$183	$205	$221	$262

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
1,924sq/ft - SoHo/Hyde Park - Ideal Location!!	$49,882	$258	49%	2	4	3	$125	❌	✅	❌	Y / Y	⭐️ 5 (132)
The Fremont - Walk to Hyde Park, Dine, Relax!	$71,787	$201	91%	2	1	3	$125	❌	❌	❌	Y / N	⭐️ 5 (56)
★TROPIC VIBE★ Walk to Hyde Park, SOHO, Bayshore	$45,360	$170	68%	2	3	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (67)
★LUXURY RETREAT★ Walk to Hyde Park, SOHO, Bayshore	$57,401	$184	80%	2	3	3	$100	❌	❌	❌	Y / Y	⭐️ 4.9 (245)
★RUSTIC RESERVE★ Walk to Hyde Park, SOHO, Bayshore	$52,618	$183	73%	2	3	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (138)
Two bed and bath. Large Balcony in downtown tampa	$26,320	$141	51%	2	2	1	$0	✅	✅	✅	Y / Y	⭐️ 4.8 (42)
** Ideal South Howard Location - 1,231sq/ft -*	$35,733	$210	44%	2	3	3	$99	❌	❌	❌	Y / Y	⭐️ 5 (110)
** Ideal South Howard Location - 1,238sq/ft -*	$31,003	$210	37%	2	3	3	$99	❌	❌	❌	Y / Y	⭐️ 5 (33)
Gorgeous 1,430sq/ft South Howard Townhouse	$65,644	$304	57%	2	3	2	$120	❌	❌	❌	Y / Y	⭐️ 4.8 (35)
Enjoy South Tampa/Soho area.	$73,818	$225	88%	2	3	1	$150	❌	❌	❌	Y / N	⭐️ 3.5 (2)

Return Metrics

-6.61% 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)	-$11,032	-$22,064	-$33,096	-$44,128	-$55,160	-$110,320	-$330,962
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$6,833	$14,088	$21,791	$29,969	$38,651	$90,785	$556,480
Down Payment	$139,120	$139,120	$139,120	$139,120	$139,120	$139,120	$139,120
Property Appreciation	$20,868	$42,362	$64,500	$87,303	$110,791	$239,228	$992,803
Total Return	$155,789	$173,506	$192,316	$212,264	$233,401	$358,813	$1,357,441

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-6.61%

Cap Rate

5.15%

Return on Investment

9.99%

501 S Melville Ave Apt 4 Tampa FL 33606 Tampa, FL, 33606

2 bed • 3 bath • 6 guests

Purchase Price

Est. $3,336/mo

This property is for sale!

Contact Agent

$56,978

Annual Revenue

BNBCalc predicts this property will get $208 per night with 63% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 21% of comparables

Seasonality

10 Airbnb Comparables

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

$50,956

Avg annual revenue

63%

Avg occupancy rate

$208

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

$25k

$40k

$55k

$75k

-$11,032

Profit

Revenue

$56,978

Operating Expenses

$21,087

Operating Income

$35,891

Mortgage & Taxes

$46,923

Profit (Cash Flow)

-$11,032

$166,738

Cash Investment

Down Payment

$139,120

Renos & Furnishing

$6,750

Closing Costs

$20,868

Total

$166,738

DSCR Ratio

Weak

0.76

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-6.61%

Cap Rate

5.15%

Return on Investment

9.99%

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

$33,014

Deductible property tax

$6,886

Your total deduction

$102,571

Your adjusted annual income

$150,000 - $102,571 = $47,429

Taxes on $47,429 (30%)

$14,229

Your old tax bill

$45,000

Your new tax bill

$14,229

Estimated tax savings

$30,771

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:

2003

Size:

2,945 sqft

Type:

SFR

Parking:

Heating:

CENTRAL

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
410 S Albany Ave Apt 3	3	2	2,440	-	0	2002	$605,000	45
609 S Melville Ave Apt 3	3	2	2,558	-	0	2004	$668,000	39
1910 W North A St Apt 8	3	2	2,776	-	847	2016	$540,000	41
218 S Audubon Ave	3	3	3,460	-	0	2014	$799,900	86
113 S Melville Ave Apt 2	3	2	2,432	-	0	2004	$610,000	20
206 S Tampania Ave Unit 3	3	3	1,977	-	0	2021	$810,000	53
208 S Tampania Ave Unit 2	3	3	1,977	-	0	2021	$800,000	23
608 S Matanzas Ave Unit 2	3	2	1,959	-	0	2004	$460,000	56
1001 Edison Park Ct	3	2	1,472	-	0	2003	$615,000	39
410 S Albany Ave Apt 2	3	2	2,450	-	0	2002	$640,000	40

Property Details

MLS Status: Active

Property Use: Townhouse

Stories: 2

Lot size: -

Building area: 2,945 sqft

Garage: Yes

Heating: Central

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: PD

Land Use: Residential

Parcel Number: A23291868T000000000040

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $553,260

County Est. Land Value: $55,140

Assessed Land Value: $55,140

County Est. Structure Value: $498,120

Market Estimate: $600,565

Sale history

Date	Sale Price	% Financed	Buyer
04/30/19	$100	0%	Pulsifer,Sharyn Trust
08/19/16	$380,000	0%	Sharyn Pulsifer
09/14/07	$400,000	80%	Deslra J Rayburn
Invalid Date	$289,100	94%	Daniel O Gresser

Ownership

Name: Pulsifer,Sharyn Trust

Owner Occupied: No

Owner Mailing Address: 501 S Melville Ave Apt 4, Tampa, Fl 33606

Years Owned: 91

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 94%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Mitchell Elementary School with 8/10 star rating
Middle School: Wilson Middle School with 7/10 star rating
High School: Plant High School with 7/10 star rating