BNBCalc Short Term Rental Rental Arbitrage Analysis 5113 Grice Ct, Charlotte, NC

3 bed • 2 bath • 9 guests • $0

BNB

Calc

Annual Revenue

$58,118

Profit (Cash Flow)

$14,658

Cash on Cash Return

170.4%

Annual Revenue

$58,118

AirDNA projects $201/night at 43% occupancy ($31,568). Airbtics projects $186/night at 61% occupancy ($41,440). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 72% occupancy rate, $221 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$26,156	$43,802	$60,597	$81,341
Occupancy	50%	63%	72%	80%
Nightly Rate	$137	$182	$221	$267

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Clean, Spacious, Open Home Close to Everything!	$27,550	$189	32%	3	2.5	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (72)
Mad Park Manor - 3 BR House - 12min to CLT/Uptown	$44,001	$200	59%	3	2	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (53)
Traveler Oasis: LoSo Loft w/ Rooftop, Parking	$50,528	$175	72%	3	3.5	1	$200	❌	❌	❌	Y / Y	⭐️ 5 (63)
Tranquil oasis w/modern design & enchanting garden	$43,878	$250	46%	3	2	1	$149	❌	❌	❌	Y / Y	⭐️ 5 (85)
Comfy 3bd near downtown w/Yard	$35,870	$140	65%	3	2	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (37)
Poolside Home w/ Fire Pit: Walkable & Pet-Friendly	$60,563	$223	71%	3	2	1	$200	✅	❌	✅	Y / Y	⭐️ 5 (49)
5* Family Friendly Madison Park Retreat!	$61,182	$204	81%	3	2	2	$75	❌	❌	✅	Y / Y	⭐️ 5 (59)
Madison Park Charmer in great location!	$50,534	$254	53%	3	2.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (19)
3BD°Backyard°Modernly Decorated°A/C°Full Kitchen	$46,492	$181	65%	3	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (43)
QC Montclaire South Charlotte	$27,862	$124	56%	3	2	3	$160	❌	❌	❌	Y / Y	⭐️ 5 (46)
Southpark 3BD Home3 miles to SouthEnd/5 to Uptown	$44,065	$159	73%	3	2	2	$85	❌	❌	✅	Y / Y	⭐️ 5 (39)
Queen city lifestyle	$21,174	$115	44%	3	2	3	$160	❌	❌	❌	Y / Y	⭐️ 5 (117)
Uptown Retreat \| King Suite w/ Hot Tub & Fire Pit!	$83,246	$351	62%	3	2	1	$199	✅	✅	✅	Y / Y	⭐️ 4.5 (28)
Luxurious 3 Story Townhome	$30,077	$124	59%	3	4	1	$200	❌	❌	❌	Y / Y	⭐️ 4.8 (9)
Cozy 3br/1 bath house	$24,912	$107	53%	3	1	1	$150	❌	❌	❌	Y / N	⭐️ 5 (25)
Charming 3 Bedroom A-Frame South Park/South End	$36,936	$183	53%	3	1.5	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (24)
Madison Park Gem: Near Downtown, Airport & Mall	$35,121	$98	91%	3	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (56)
CLT Lux Skyline Oasis with Private Rooftop Patio	$75,111	$293	68%	3	3.5	3	$162	❌	❌	❌	Y / Y	⭐️ 5 (21)
3BD°Smart TV-W/D°10min Airport°A/C°Kitchen°BBQ	$21,866	$124	42%	3	1	1	$150	❌	❌	✅	Y / Y	⭐️ 4.9 (19)
Comfortable 3/2 in South Charlotte/LoSo	$48,772	$149	87%	3	2	5	$165	❌	❌	✅	Y / Y	⭐️ 4.8 (12)
Hunter Crest	$48,491	$253	52%	3	2.5	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (7)
Cute 3BD/2Bath Southpark home	$55,804	$193	79%	3	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (26)
Stylish 3bd 2ba w/ parking in heart of Charlotte	$54,748	$166	89%	3	2	7	$150	❌	❌	❌	Y / Y	⭐️ 4.6 (42)
The Iris \| Brand New South End Home	$54,718	$221	67%	3	2.5	1	$175	❌	❌	✅	Y / Y	⭐️ 4.5 (10)
Brand New Luxury Loft Downtown!	$41,688	$170	67%	3	3.5	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (38)
Fully Renovated Retreat in the Heart of South End	$44,864	$274	42%	3	2.5	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (23)
G2G - Brand New Condo Downtown Charlotte	$51,862	$285	47%	3	4	2	$155	❌	❌	✅	Y / Y	⭐️ 4.8 (12)
Beautiful freshly remodeled 3 bedroom duplex unit!	$36,592	$131	71%	3	1	2	$140	❌	❌	✅	Y / Y	⭐️ 5 (53)
Versatile 3BR Townhouse in South Park	$52,834	$185	74%	3	3	1	$185	❌	❌	❌	Y / Y	⭐️ 5 (51)
In the heart of the QC!	$36,895	$123	76%	3	2.5	1	$100	❌	❌	❌	Y / Y	⭐️ 4 (8)
LoSo Cottage, close to Uptown!	$51,127	$229	61%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (6)
Mini Golf / Cute Game House / Close to SouthEnd	$64,328	$209	80%	3	1	3	$165	❌	❌	✅	Y / Y	⭐️ 4.5 (15)
The Apollo \| Brand New South End Home	$56,709	$219	70%	3	2.5	1	$175	❌	❌	✅	Y / Y	⭐️ 5 (20)
Brews & Views in LoSo Charlotte!	$21,121	$148	37%	3	3.5	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (15)
Great location. Close to everything.	$23,077	$97	65%	3	2	3	$0	❌	❌	✅	Y / Y	⭐️ 4.4 (22)
Woodlawn Manor	$40,992	$140	80%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (8)
SuperQuiet and Spacious 3BD with private parking	$32,547	$129	59%	3	2	1	$129	❌	❌	✅	Y / Y	⭐️ 4.2 (15)
Spacious 3 bedroom home near LOSO/Southend	$27,696	$161	47%	3	2	3	$0	❌	❌	✅	Y / Y	⭐️ 5 (6)

Return Metrics

170.44% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$14,658	$29,316	$43,975	$58,633	$73,291	$146,583	$439,750
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0	$0	$0
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$0	$0	$0	$0	$0	$0	$0
Total Return	$14,658	$29,316	$43,975	$58,633	$73,291	$146,583	$439,750

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

170.44%

Payback Period Days

214

Return on Investment

170.44%

5113 Grice Ct Charlotte, North Carolina, 28217

3 bed • 2 bath • 9 guests

Monthly Rent

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Market Data

$58,118

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $201/night at 43% occupancy.Projected nightly rate is $186/night at 61% occupancy.

Occupancy Rate

Top 26% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$42,891

Avg annual revenue

61%

Avg occupancy rate

$186

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

$20k

$40k

$60k

$85k

$14,658

Profit

Revenue

$58,118

Operating Expenses

$19,555

Operating Income

$38,562

Net Effective Rent

$23,904

Profit (Cash Flow)

$14,658

$8,600

Cash Investment

Renos & Furnishing

$8,500

Setup Costs

$100

Total

$8,600

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

170.44%

Payback Period Days

214