BNBCalc Short Term Rental Investment Analysis 56 Bull St, Charleston, SC 29401

2 bed • 1 bath • 6 guests • $1,595,000

BNB

Calc

Annual Revenue

$68,980

Profit (Cash Flow)

-$61,261

Cap Rate

2.9%

Annual Revenue

$68,980

AirDNA projects $397/night at 64% occupancy ($92,801). Airbtics projects $330/night at 74% occupancy ($89,192). Airbtics predicts this property will perform in the 54% revenue percentile

BNB Calc projects a 71% occupancy rate, $266 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$56,360	$70,963	$101,457	$163,253
Occupancy	71%	80%	91%	96%
Nightly Rate	$211	$235	$296	$453

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Serene Cottage with Beautiful Garden and Heated Po	$112,515	$312	93%	1	2	1	$150	✅	❌	❌	Y / Y	⭐️ 4.8 (432)
Cozy Charleston Cottage \| Brandy Crusta	$72,165	$243	78%	1	2	2	$95	❌	❌	❌	Y / Y	⭐️ 4.8 (314)
Cozy Downtown Carriage House ☺ Walk Everywhere!	$60,898	$164	97%	1	2	2	$115	❌	❌	✅	Y / Y	⭐️ 4.9 (166)
Gorgeous, Bright & Spacious Apt - Walk to King!	$103,112	$321	86%	1	2	2	$105	❌	❌	❌	Y / Y	⭐️ 4.9 (42)
Charming Suite in the Heart of Charleston	$79,551	$211	99%	1	2	2	$95	❌	❌	✅	Y / Y	⭐️ 4.7 (347)
Boutique Home & Courtyard w/ Bikes!	$82,622	$226	97%	1	2	1	$115	❌	❌	❌	Y / Y	⭐️ 5 (290)
The Sutton- B \| Steps away from Historic King	$90,893	$267	92%	1	2	2	$100	❌	❌	✅	Y / Y	⭐️ 4.9 (45)
Thomas Waring House Suite C \| Class and Comfort	$75,544	$266	75%	1	1	2	$90	❌	❌	✅	Y / Y	⭐️ 4.8 (63)
The Sojourner \| Greek Revival w/ Peaceful Porch	$82,968	$238	91%	1	1	2	$100	❌	❌	❌	N / Y	⭐️ 4.9 (99)
A-Downtown Pied-a-terre near MUSC, 109-A Cannon St	$59,819	$222	71%	1	1	2	$85	❌	❌	❌	N / Y	⭐️ 4.8 (199)
The Gallery Suite - by MUSC ★FREE PARKING★	$49,049	$183	71%	1	1	1	$65	❌	❌	❌	N / Y	⭐️ 4.8 (282)
♥Home Too♥ in downtown Charleston, by MUSC	$39,035	$202	51%	1	1	1	$70	❌	❌	❌	Y / Y	⭐️ 4.9 (164)
Rutledge Avenue Inn (Suite C) \|Central City Luxury	$77,464	$227	90%	1	1	2	$95	❌	❌	❌	Y / Y	⭐️ 4.8 (89)
Bright Downtown Studio-109-E Cannon St	$47,333	$227	55%	1	1	3	$85	❌	❌	❌	Y / Y	⭐️ 5 (264)
Private Modern Studio - Blocks from King!	$56,888	$179	83%	1	1	2	$95	❌	❌	❌	N / Y	⭐️ 4.7 (190)
Historic Downtown Cottage - Close to King!	$69,673	$199	93%	1	1	2	$95	❌	❌	✅	Y / Y	⭐️ 4.7 (319)
C-Downtown near Upper King Street, 109-C Cannon St	$49,099	$226	58%	1	1	3	$85	❌	❌	❌	Y / Y	⭐️ 4.9 (338)
SUNSET - King Suite w/ Kitchenette!	$54,238	$166	86%	1	1	1	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (170)
D-Lovely 1 bed apt dtn near MUSC and Upper King St	$86,104	$291	79%	1	1	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (87)
Suite in a Stunning Bright Manor House Downtown	$77,423	$280	74%	1	1	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (44)
Historic City Charm \| Private Modern Luxe	$163,295	$463	96%	1	1	4	$98	❌	❌	❌	Y / Y	⭐️ 5 (365)
Ground Floor Apartment with Exclusive Courtyard	$79,795	$322	67%	1	1	3	$115	❌	❌	❌	Y / Y	⭐️ 5 (130)
Spectacular Luxurious Best Apartment in Charleston	$181,001	$452	100%	1	2	30	$150	❌	❌	✅	Y / Y	⭐️ 5 (55)
1850s Charleston Treasure	$69,185	$228	81%	1	1	2	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (268)
Suite in a Gorgeous Antebellum Mansion	$64,190	$269	64%	1	1	2	$65	❌	❌	❌	Y / Y	⭐️ 5 (15)
Sidecar (Suite B) \| Right Next to Fuel Restaurant	$69,309	$271	66%	1	1	2	$100	❌	❌	✅	Y / Y	⭐️ 4.7 (121)
Luxurious, Spacious & Historic- 5 Min Walk to King	$92,835	$320	77%	1	1	2	$115	❌	❌	❌	Y / Y	⭐️ 5 (111)
Courtyard Suite with Tranquil Garden & Heated Pool	$77,873	$232	87%	1	1	1	$100	✅	❌	❌	Y / Y	⭐️ 4.8 (459)
Exclusive Open Loft in Downtown Charleston	$50,201	$130	95%	1	1	1	$100	❌	❌	❌	N / Y	⭐️ 4.8 (432)
Beautiful Renovated Apartment One Block from King!	$76,695	$211	93%	1	1	1	$125	❌	❌	❌	Y / Y	⭐️ 4.9 (457)
Downtown Cozy Carriage House for a Romantic Stay	$55,924	$171	86%	1	1	1	$105	❌	❌	✅	Y / Y	⭐️ 4.8 (167)
Cozy, Comfortable, English Basement Apartment	$131,165	$584	61%	1	1	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (31)
Charleston Gem with parking! Close to King St!	$92,324	$281	88%	1	1	2	$100	❌	❌	❌	N / Y	⭐️ 5 (126)
The Crescent Moon \| A Cozy Haven for Two	$63,705	$210	79%	1	1	2	$95	❌	❌	✅	N / Y	⭐️ 4.8 (154)
The Feather \| Next To Bad Bunnies Coffee	$81,078	$269	80%	1	1	2	$85	❌	❌	❌	Y / Y	⭐️ 5 (67)
The Garden Gates (Suite C): Near Main Street Haven	$61,458	$222	72%	1	1	2	$105	❌	❌	❌	N / Y	⭐️ 4.5 (246)
Escape to Hideaway (Suite B): Your Tranquil Oasis	$67,587	$213	83%	1	1	3	$95	❌	❌	❌	N / Y	⭐️ 4.7 (278)
Chic, Comfortable, Walkable and Ideal for 2024!	$134,009	$586	62%	1	1	1	$70	❌	❌	❌	Y / Y	⭐️ 5 (31)
Historic, Comfortable, & Walkable Downtown Apt	$151,718	$577	71%	1	1	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (60)
vintage 1920's corner store "Cannoncito"	$82,380	$371	59%	1	1	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (56)

Return Metrics

-16.41% 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)	-$61,261	-$122,522	-$183,783	-$245,044	-$306,305	-$612,610	-$1,837,832
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,276,000	$1,276,000	$1,276,000	$1,276,000	$1,276,000	$1,276,000	$1,276,000
Down Payment	$319,000	$319,000	$319,000	$319,000	$319,000	$319,000	$319,000
Property Appreciation	$47,850	$97,135	$147,899	$200,186	$254,042	$548,546	$2,276,483
Total Return	$1,581,588	$1,569,613	$1,559,116	$1,550,142	$1,542,736	$1,530,935	$2,033,650

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-16.41%

Cap Rate

2.9%

Return on Investment

0.6%

56 Bull St Charleston, SC, 29401

2 bed • 1 bath • 6 guests

Purchase Price

Est. $7,650/mo

This property is for sale!

Contact Agent

-61

Airbnb Investor Score

-$61,261

Annual Profit

2.9%

Cap Rate

-16.4%

Cash on Cash

$68,980

Annual Revenue

This property is projected to be in the top 54% revenue percentile compared to similar properties nearby.
Projected nightly rate is $397/night at 64% occupancy.Projected nightly rate is $330/night at 74% occupancy.

Occupancy Rate

Top 76% of comparables

Avg Daily Rate

Top 44% of comparables

Seasonality

40 Airbnb Comparables

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

$81,803

Avg annual revenue

79%

Avg occupancy rate

$275

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

$40k

$85k

$130k

$180k

-$61,261

Profit

Revenue

$68,980

Operating Expenses

$22,647

Operating Income

$46,333

Mortgage & Taxes

$107,594

Profit (Cash Flow)

-$61,261

$373,100

Cash Investment

Down Payment

$319,000

Renos & Furnishing

$6,250

Closing Costs

$47,850

Total

$373,100

DSCR Ratio

Weak

0.43

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-16.41%

Cap Rate

2.9%

Return on Investment

0.6%

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

$75,700

Deductible property tax

$15,790

Your total deduction

$220,138

Your adjusted annual income

$150,000 - $220,138 = -$70,138

Taxes on -$70,138 (30%)

-$21,041

Your old tax bill

$45,000

Your new tax bill

-$21,041

Estimated tax savings

$66,041

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:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -