5221 E Pelican Dr Oak Island, North Carolina, 28465
2 bed • 1 bath • 6 guests
Est. $2,261/mo
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$471,300
Zestimate
Airbnb Investor Score
-$10,788
Annual Profit
4.5%
Cap Rate
-9.4%
Cash on Cash
$39,866
Annual Revenue
This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $211/night at 51% occupancy.Projected nightly rate is $185/night at 59% occupancy.
Top 53% of comparables
Top 46% of comparables
Seasonality
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40
Airbnb Comparables
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$41,053
Avg annual revenue
59%
Avg occupancy rate
$185
Avg nightly rate
Any type
House
Apartment
Any min stay
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Revenue per year
$15k
$45k
$75k
$105k
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-$10,789
Profit
Revenue
$39,866
Operating Expenses
$18,863
Operating Income
$21,004
Mortgage & Taxes
$31,792
Profit (Cash Flow)
-$10,789
$114,649
Cash Investment
Down Payment
$94,260
Renos & Furnishing
$6,250
Closing Costs
$14,139
Total
$114,649
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-9.41%
Cap Rate
4.45%
STR Tax Calculator (USA)
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
$22,368
Deductible property tax
$4,666
Your total deduction
$58,342
Your adjusted annual income
$150,000 - $58,342 = $91,658
Taxes on $91,658 (30%)
$27,497
Your old tax bill
$45,000
Your new tax bill
$27,497
Estimated tax savings
$17,503
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
1 sqft
Year built:
1967
Size:
768 sqft
Type:
SINGLE_FAMILY
Parking:
-
Heating:
Radiant
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: -
- Lot size: 1 sqft
- Building area: 768 sqft
- Garage: No
- Heating: Radiant
- Pool: No
- Fireplaces: -
- Basement: No
- Cooling: None
- View: -
- Parking: -
- Amenities: -
- Price per square foot: $613
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 249DD018
- Flood Zone: Yes, Zone High risk: Special Flood Hazard Area (SFHA), high flood risk
Tax Info
- Year Assessed: 2024
- Assessed Value: $460,800
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $471,300
Schools
- Middle School: South Brunswick Middle with 3/10 star rating
- High School: South Brunswick High with 3/10 star rating