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BNBCalc Short Term Rental Investment Analysis 5550 Monticello Dr NW, Concord, NC, 28027

3 bed • 2 bath • 9 guests • $435,000

BNB

Calc

Annual Revenue

$39,213

Profit (Cash Flow)

-$8,909

Cap Rate

4.7%

Annual Revenue

$39,213

AirDNA projects $206/night at 47% occupancy ($35,362). Airbtics projects $176/night at 61% occupancy ($39,212). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 61% occupancy rate, $176 rate per night.

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

Percentiles25%50%75%90%
Revenue$28,627$38,037$51,809$70,856
Occupancy53%61%69%78%
Nightly Rate$140$161$194$233

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Concord Cozy Home!

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$37,141
$123
81%
322$75❌❌❌Y / Y⭐️ 5 (140)
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$187
53%
322$130❌❌❌Y / Y⭐️ 5 (63)
Pink Dream House

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$35,467
$160
54%
321$135❌❌✅Y / Y⭐️ 5 (91)
Countryside Comfort Concord | Sleeps 11

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$33,393
$106
78%
323$150✅❌❌Y / Y⭐️ 5 (40)
Historic Concord Mill House with Fenced Backyard

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$38,305
$157
65%
322$119❌❌✅Y / Y⭐️ 5 (155)
The Hideaway

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$39,032
$203
47%
321$205✅❌❌Y / Y⭐️ 4.5 (16)
Adorable Townhouse Harrisburg / 20 min to uptown

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$46,425
$154
73%
331$135❌❌❌Y / Y⭐️ 5 (80)
Home in Concord, NC

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$53,353
$185
75%
32.53$150❌❌❌Y / Y⭐️ 5 (75)
3b/2ba Family Friendly

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$38,262
$170
56%
323$170❌❌❌Y / Y⭐️ 5 (25)
Talladega Nights - Race to nearby Nascar/ZMax/Clt

No image available

$33,190
$141
59%
322$170❌❌❌Y / Y⭐️ 5 (81)
Comfy Cozy - Family Friendly - Pet Passionate

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$42,364
$141
78%
321$100❌❌✅Y / Y⭐️ 5 (83)
3 BDR Home in Charlotte

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$31,098
$178
44%
322$110❌❌❌Y / Y⭐️ 5 (52)
Petite Maison

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$28,225
$105
68%
322$90❌❌❌Y / Y⭐️ 5 (71)
Stylish Getaway!

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$31,652
$163
49%
322$150❌❌❌Y / Y⭐️ 5 (45)
Charming 3BR, Pet OK, Close to DT KTOWN

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$25,540
$97
67%
313$115❌❌✅Y / Y⭐️ 5 (36)
Close to Pnc and Nascar enjoy this charming home!

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$55,532
$238
63%
332$100❌❌❌Y / Y⭐️ 4.4 (83)
Luxury Home in Charlotte

No image available

$44,086
$195
56%
32.52$130✅❌❌Y / Y⭐️ 5 (42)
Cozy Ranch Near UNC Charlotte/PNC Music Pavilion

No image available

$31,543
$148
54%
322$149❌❌✅Y / Y⭐️ 5 (53)
Uni City Villa - Pets OK, -15% 3+ Nights till 4/30

No image available

$44,838
$176
65%
321$150❌❌✅Y / Y⭐️ 4.5 (26)
Luxury Loft Located in Historic Downtown Concord

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$38,387
$158
63%
31.52$119❌❌✅Y / Y⭐️ 5 (75)
Spacious 3-Bedroom Modern Home with Urban Charm

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$46,478
$183
67%
32.52$120❌❌✅Y / Y⭐️ 4.5 (13)
Cozy Stay- Mall, UNCC, Speedway, PNC, 2 Miles Away

No image available

$35,521
$201
45%
32.51$95❌❌❌Y / Y⭐️ 5 (56)
Modern, university home, Light Rail - 3br/2ba

No image available

$32,438
$121
69%
322$125❌❌✅Y / Y⭐️ 5 (326)
Luxurious Home Near UNC & More. Wi-Fi/2 lofts/Pool

No image available

$38,187
$130
67%
32.51$195❌❌❌Y / Y⭐️ 5 (84)
Peaceful Home in Concord

No image available

$44,549
$139
84%
321$40❌❌✅Y / Y⭐️ 5 (58)
Private 3 Bdrm/2 Bathroom Home w/ Fenced in Yard!

No image available

$83,858
$301
71%
322$175❌❌✅Y / Y⭐️ 4.5 (41)
Mid-Century Modern Funky House by historic Concord

No image available

$30,013
$140
55%
31.51$133❌❌❌Y / Y⭐️ 5 (171)
Modern Three story Townhouse

No image available

$35,589
$221
44%
331$0❌❌❌Y / Y⭐️ 4.9 (38)
CharLit Stays

No image available

$24,953
$90
70%
321$80✅❌❌Y / Y⭐️ 4.8 (46)
15 min. to speedway, UNCC, short drive to CLT

No image available

$111,939
$307
97%
32.52$79✅❌❌Y / Y⭐️ 5 (45)
Humble Home Away from Home

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$20,626
$107
49%
312$70❌❌✅Y / Y⭐️ 5 (20)
Gorgeous 3 BR home in Concord NC

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$43,815
$194
59%
32.52$120❌❌✅Y / Y⭐️ 5 (17)
Entire Home in Charlotte, NC

No image available

$32,483
$150
57%
332$120✅❌❌Y / Y⭐️ 5 (35)
Beautiful Cozy home in Concord

No image available

$33,712
$151
61%
323$0❌❌✅Y / Y⭐️ 5 (23)
Charming & Spacious 3BR House

No image available

$42,236
$190
57%
32.52$130❌❌✅Y / Y⭐️ 5 (11)
Spacious Concord Vacation Rental: Gas Grill & Yard

No image available

$87,785
$456
50%
322$155❌❌❌Y / Y⭐️ 4.7 (19)
Charlotte Vacation Rental Near Motor Speedway!

No image available

$35,583
$212
42%
322$150❌❌❌Y / Y⭐️ 4.5 (12)
Embrace the Harmony of Nature and Urban Living

No image available

$50,583
$180
75%
32.530$175❌❌❌Y / Y⭐️ 5 (16)
Modern Millhouse

No image available

$36,675
$159
61%
323$175❌❌✅Y / Y⭐️ 4.5 (26)

Return Metrics

-8.2% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$8,908-$17,817-$26,726-$35,635-$44,543-$89,087-$267,263
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$348,000$348,000$348,000$348,000$348,000$348,000$348,000
Down Payment$87,000$87,000$87,000$87,000$87,000$87,000$87,000
Property Appreciation$13,050$26,491$40,336$54,596$69,284$149,603$620,859
Total Return$439,141$443,673$448,609$453,961$459,740$495,515$788,596

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-8.2%

Cap Rate

4.69%

Return on Investment

7.75%

property-location

5550 Monticello Dr NW Concord, North Carolina, 28027

3 bed • 2 bath • 9 guests

Est. $2,086/mo

Agent

Inquire about this property

Contact Agent

$430,100

Zestimate

Concord

Zoning


Laws

-23

Airbnb Investor Score

-$8,908

Annual Profit

4.7%

Cap Rate

-8.2%

Cash on Cash

$39,213

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
AirDNA projects $206/night at 47% occupancy ($35,362.92). Airbtics projects $176/night at 61% occupancy ($39,212).

Top 51% of comparables

Top 44% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$41,576

Avg annual revenue

61%

Avg occupancy rate

$176

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

$50k

$80k

$115k

Sign up to see the data on 40 all comparables

-$8,909

Profit

Revenue

$39,213

Operating Expenses

$18,778

Operating Income

$20,435

Mortgage & Taxes

$29,344

Profit (Cash Flow)

-$8,909

$108,550

Cash Investment

Down Payment

$87,000

Renos & Furnishing

$8,500

Closing Costs

$13,050

Total

$108,550

DSCR Ratio

Weak

0.70

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-8.2%

Cap Rate

4.69%

Profit (Cummulative)

-$8,909

$348,000

$8,500

$13,050

$0

Total Gain

$8,415

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

$20,646

Deductible property tax

$4,307

Your total deduction

$103,882

Your adjusted annual income

$150,000 - $103,882 = $46,118


Taxes on $46,118 (30%)

$13,835

Your old tax bill

$45,000

Your new tax bill

$13,835


Estimated tax savings

$31,165

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:

0.29 sqft

Year built:

1995

Size:

2,027 sqft

Type:

SINGLE_FAMILY

Parking:

2

Heating:

Forced Air, Natural Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 1
  • Lot size: 0.29 sqft
  • Building area: 2,027 sqft
  • Garage: Yes
  • Heating: Forced air, natural gas
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: Central Air
  • View: -
  • Parking: Driveway, Attached Garage, Garage on Main Level
  • Amenities: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Price per square foot: $212

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 55092949120000
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $423,140
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $430,100


Schools

  • Middle School: Harold Winkler Middle School with 6/10 star rating
  • High School: West Cabarrus High with 3/10 star rating