BNBCalc Short Term Rental Investment Analysis 5610 Cherrycrest Ln, Charlotte, NC 28217, USA

1 bed • 1 bath • 4 guests • $350,000

BNB

Calc

Annual Revenue

$33,968

Profit (Cash Flow)

-$7,138

Cap Rate

4.7%

Annual Revenue

$33,968

AirDNA projects $150/night at 66% occupancy ($36,159).

BNB Calc projects a 62% occupancy rate, $150 rate per night.

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

Return Metrics

-8.42% 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)	-$7,138	-$14,276	-$21,414	-$28,552	-$35,690	-$71,380	-$214,140
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$280,000	$280,000	$280,000	$280,000	$280,000	$280,000	$280,000
Down Payment	$70,000	$70,000	$70,000	$70,000	$70,000	$70,000	$70,000
Property Appreciation	$10,500	$21,315	$32,454	$43,928	$55,745	$120,370	$499,541
Total Return	$353,361	$357,038	$361,040	$365,376	$370,055	$398,990	$635,401

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-8.42%

Cap Rate

4.7%

Return on Investment

8.02%

5610 Cherrycrest Ln Charlotte, North Carolina, 28217-4026

1 bed • 1 bath • 4 guests

Purchase Price

Est. $1,679/mo

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Charlotte

Guide

Zoning

Market

Guide

Laws

Market Data

$33,968

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$7,138

Profit

Revenue

$33,968

Operating Expenses

$17,496

Operating Income

$16,472

Mortgage & Taxes

$23,610

Profit (Cash Flow)

-$7,138

$84,750

Cash Investment

Down Payment

$70,000

Renos & Furnishing

$4,250

Closing Costs

$10,500

Total

$84,750

DSCR Ratio

Weak

0.70

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-8.42%

Cap Rate

4.7%

Return on Investment

8.02%

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

$16,611

Deductible property tax

$3,465

Your total deduction

$42,398

Your adjusted annual income

$150,000 - $42,398 = $107,602

Taxes on $107,602 (30%)

$32,280

Your old tax bill

$45,000

Your new tax bill

$32,280

Estimated tax savings

$12,720

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