BNBCalc Short Term Rental Investment Analysis 512 47th St

3 bed • 1 bath • 8 guests • $300,000

BNB

Calc

Report by:

jp@jgpdevelopment.com

Annual Revenue

$47,050

Profit (Cash Flow)

$16,021

Cap Rate

6.3%

Annual Revenue

$47,050

AirDNA projects $314/night at 67% occupancy ($76,840). Airbtics projects $298/night at 67% occupancy ($72,924). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 67% occupancy rate, $192 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$36,545	$63,643	$111,141	$164,137
Occupancy	55%	70%	80%	87%
Nightly Rate	$176	$242	$371	$506

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
*Life’s a Beach- Only 1 Block from the Ocean!	$64,358	$275	62%	3	2	2	$150	✅	❌	✅	Y / Y	⭐️ 4.9 (70)
Hot tub, tiki bar, outdoor shower, water access!	$45,576	$128	93%	3	2	2	$165	❌	✅	✅	Y / Y	⭐️ 4.9 (57)
“The Palms” Tropical Oasis\|Beach\|Scuba\|Downtown	$118,057	$448	72%	3	2	2	$0	❌	✅	✅	Y / Y	⭐️ 5 (91)
Craftsman's Cottage Palm Beach	$49,846	$260	51%	3	2	2	$60	✅	❌	❌	Y / N	⭐️ 4.5 (22)
Heated Pool! 5 mins>Downtown/Beach! Suite Included	$143,783	$485	81%	3	2	1	$0	✅	✅	✅	Y / Y	⭐️ 4.8 (72)
Home with Private Garden and Pool Near Palm Beach.	$134,042	$413	88%	3	2	4	$340	✅	❌	❌	Y / Y	⭐️ 5 (96)
Luxury 3BR Spanish Villa \| Pool Table	$81,739	$293	71%	3	3	1	$350	✅	❌	✅	Y / Y	⭐️ 4.9 (32)
Resort style pool home	$75,428	$358	57%	3	2	3	$185	✅	✅	✅	Y / Y	⭐️ 5 (15)
Blue Pineapple: Show home villa for designers	$65,194	$213	80%	3	3	3	$235	✅	❌	✅	Y / Y	⭐️ 5 (112)
Sunshine Retreat - Near Beaches, Ballparks & Shops	$39,753	$145	70%	3	2	2	$149	❌	❌	✅	Y / Y	⭐️ 4.9 (56)
Coastal Boho Villa \| Outdoor Living & Salt Pool	$61,915	$237	70%	3	3	3	$200	✅	❌	❌	Y / Y	⭐️ 4.8 (42)
Newly Renovated Modern Spanish Style House	$47,116	$176	71%	3	2	2	$230	❌	❌	✅	Y / Y	⭐️ 4.5 (65)
Historic 3/3 in Northwood	$67,722	$231	77%	3	3	2	$200	❌	❌	❌	Y / Y	⭐️ 4.7 (46)
Luxury Downtown West Palm Beach Cottage W/ Pool!	$50,890	$136	96%	3	2	4	$109	✅	❌	✅	Y / Y	⭐️ 4.9 (178)
Chic Downtown Luxury Vacation Home 3BR-2BA	$40,044	$117	87%	3	2	4	$109	❌	❌	❌	Y / Y	⭐️ 4.9 (237)
Luxury Spanish Colonial 3BR Home -Mins to Downtown	$51,104	$144	91%	3	2	2	$109	❌	❌	✅	Y / Y	⭐️ 5 (169)
Tranquil Nirvana	$34,197	$232	39%	3	2	2	$75	❌	❌	✅	Y / N	⭐️ 4.9 (10)
Family Home 3 Bed 2 Bath	$54,144	$177	81%	3	2	2	$119	❌	❌	✅	Y / Y	⭐️ 5 (73)
Private Palm Oasis w/ Pool, 10 min to beach & DT	$52,464	$156	81%	3	2	2	$230	✅	❌	❌	Y / Y	⭐️ 5 (57)
Walk to the BEACH \| Heated Pool \| 3 Bed 3 Bath \|	$137,431	$484	77%	3	3	7	$250	✅	❌	❌	Y / Y	⭐️ 4.8 (32)
Runaway Hideaway, your Tropical Pool Home in WPB	$66,681	$316	55%	3	2	1	$255	✅	❌	✅	Y / Y	⭐️ 5 (18)
West Palm Beach Oasis w/ Heated Pool: Near Beach!	$150,821	$590	69%	3	2	3	$217	✅	❌	❌	Y / Y	⭐️ 4.8 (47)
The Pink Palm Beach - Mediterranean Villa	$164,536	$1,034	43%	3	3	3	$250	✅	❌	✅	Y / Y	⭐️ 5 (19)
Pool Oasis\|5 min>Downtown/Beach!	$133,143	$423	86%	3	2	1	$0	✅	✅	✅	Y / Y	⭐️ 4.7 (38)
The Tango House with Jacuzzi & Garden	$40,531	$135	78%	3	2	2	$160	❌	✅	✅	Y / Y	⭐️ 4.8 (18)
Rockaway Beach House	$38,920	$196	51%	3	2	1	$180	✅	❌	✅	Y / Y	⭐️ 4.5 (10)
The Square French-Style Getaway ~ \| 10min Downtown	$70,684	$310	60%	3	3	2	$160	❌	❌	✅	Y / Y	⭐️ 5 (19)
Unit 2 - Newly Modernized Historic Home	$55,226	$209	70%	3	1	2	$210	❌	❌	✅	Y / Y	⭐️ 4.6 (43)
New Modern Home Near Beaches 15 mins to Downtown	$30,975	$114	63%	3	2	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (26)
Centrally Located Pool -Side Home	$57,711	$324	48%	3	2	2	$175	✅	❌	✅	Y / Y	⭐️ 4.7 (21)
Sea Breeze Bungalow: Palm Beach Paradise Retreat	$75,050	$231	85%	3	2	2	$235	❌	❌	✅	Y / Y	⭐️ 4.7 (32)
Beautiful 3 bedroom house 5 mins from the Beach!	$42,210	$178	62%	3	2	4	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (42)
Lit's Palma Home - Near Beach, Downtown, + More!	$51,741	$187	74%	3	2	3	$160	❌	❌	❌	Y / Y	⭐️ 4.8 (21)
West Palm Beach Peaceful Home	$46,157	$248	48%	3	2	1	$150	❌	❌	❌	Y / Y	⭐️ 4.2 (4)
Palm Beach Paradise	$87,846	$551	43%	3	3	3	$250	✅	❌	✅	Y / Y	⭐️ 5 (15)
Luxury Home only 3 miles from Rapids Waterpark!	$38,018	$270	35%	3	2	1	$225	❌	❌	❌	Y / Y	⭐️ 5 (14)
Reconditioned House with Parking	$48,883	$252	53%	3	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (11)
Tropical Private Hideaway 3 BD-3 BATH	$130,294	$643	55%	3	3	4	$250	✅	✅	❌	Y / Y	⭐️ 4.9 (104)
BoHo Bungalow - 3 Bedroom - 5 Mins From Downtown	$39,422	$137	67%	3	2	1	$200	❌	❌	❌	Y / Y	⭐️ 5 (28)
The Palm Manor Luxury Villa	$147,594	$502	79%	3	3	4	$450	✅	❌	✅	Y / Y	⭐️ 5 (8)

Return Metrics

5.05% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$16,021	$32,042	$48,063	$64,084	$80,106	$160,212	$480,635
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0	$0	$0
Down Payment	$300,000	$300,000	$300,000	$300,000	$300,000	$300,000	$300,000
Property Appreciation	$9,000	$18,270	$27,818	$37,652	$47,782	$103,174	$428,178
Total Return	$325,021	$350,312	$375,881	$401,737	$427,888	$563,386	$1,208,814

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

5.05%

Cap Rate

6.33%

Return on Investment

7.88%

512 47th St West Palm Beach, Florida, 33407

3 bed • 1 bath • 8 guests

Purchase Price

Est. $1,439/mo

This property is for sale!

Contact

West Palm Beach

Zoning

Laws

$47,050

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $314/night at 67% occupancy.Projected nightly rate is $298/night at 67% occupancy.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 66% of comparables

Seasonality

40 Airbnb Comparables

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

$70,510

Avg annual revenue

67%

Avg occupancy rate

$291

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

$5k

$60k

$110k

$165k

$16,021

Profit

Revenue

$47,050

Operating Expenses

$28,059

Operating Income

$18,991

Mortgage & Taxes

$2,970

Profit (Cash Flow)

$16,021

$317,250

Cash Investment

Down Payment

$300,000

Renos & Furnishing

$8,250

Closing Costs

$9,000

Total

$317,250

DSCR Ratio

Strong

6.39

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

5.05%

Cap Rate

6.33%

Return on Investment

7.88%

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

Deductible property tax

$2,970

Your total deduction

$17,867

Your adjusted annual income

$150,000 - $17,867 = $132,133

Taxes on $132,133 (30%)

$39,640

Your old tax bill

$45,000

Your new tax bill

$39,640

Estimated tax savings

$5,360

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:

5,253 sqft

Year built:

1950

Size:

1,177 sqft

Type:

SFR

Parking:

Heating:

Forced Air Unit

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
812 33rd St	-	1	850	-	6,464	1953	$220,000	-
508 52nd St	2	1	864	-	5,101	1950	$311,000	-
837 36th St	-	1	1,140	-	7,192	1946	$0	-
411 57th St	2	1	832	-	7,640	1950	$425,000	-
3800 Eastview Ave	3	2	1,932	-	5,798	1926	$685,000	-
904 30th Ct	-	1	1,115	-	7,658	1925	$660,000	-
910 39th Ct	4	2	1,548	-	5,489	1925	$0	-
810 36th St	-	1	816	-	6,007	1947	$229,900	-
932 39th St	-	-	1,448	-	5,502	2008	$0	-

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 1

Lot size: 5,253 sqft

Building area: 1,177 sqft

Garage: No

Heating: Forced air unit

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: SF7-C4

Land Use: Residential

Parcel Number: 74-43-43-04-04-019-0070

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $379,897

County Est. Land Value: $147,112

Assessed Land Value: $147,112

County Est. Structure Value: $232,785

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
01/05/24	$0	0%	Fyr Sfr Trs Llc
10/25/13	$104,000	100%	Rha 2 Llc
05/23/12	$75,000	100%	Semih Arif Ozdemir
02/08/10	$38,000	100%	Mbm Trustee Llc
03/10/03	$97,000	90%	Chavane Casseus
01/09/03	$63,000	101%	Anthony Dempsey
08/12/02	$0	0%	Bank One National Assn
Invalid Date	$83,000	80%	Patrick Godsell Jr
Invalid Date	$38,000	94%	Florida Housing Authority
Invalid Date	$0	0%	Mellon Mortgage Co

Ownership

Name: Fyr Sfr Trs Llc

Owner Occupied: No

Owner Mailing Address: Po Box 4090, Scottsdale, AZ 30096

Years Owned: 10

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: Yes

Foreclosure: No

Schools

Elementary School: West Riviera Elementary School with 3/10 star rating
Middle School: John F. Kennedy Middle School with 1/10 star rating
High School: Palm Beach Lakes High School with 1/10 star rating