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BNBCalc Short Term Rental Investment Analysis 565 Rutledge Ave Apt A

2 bed • 1 bath • 5 guests • $1,005,900

BNB

Calc

Annual Revenue

$80,788

Profit (Cash Flow)

-$11,249

Cap Rate

5.6%

Annual Revenue

$80,788

AirDNA projects $303/night at 73% occupancy ($80,788). Airbtics projects $273/night at 77% occupancy ($76,777). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 73% occupancy rate, $303 rate per night.

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

Percentiles25%50%75%90%
Revenue$51,223$80,767$106,636$131,980
Occupancy62%84%90%93%
Nightly Rate$218$253$312$370

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
The Travelers Rest: Cozy Haven| Steps From King

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$71,751
$221
84%
222$110❌❌❌Y / Y⭐️ 4.8 (108)
Entire rental unit off King Street (OP2023-04537)

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$70,593
$307
60%
223$199❌❌❌Y / Y⭐️ 5 (71)
Pelican Hideaway - Charleston’s Most Charming BnB

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$64,550
$244
70%
223$120❌❌❌Y / Y⭐️ 5 (40)
Charleston Home in the Heart of Downtown

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$95,385
$253
92%
222$195❌❌✅Y / Y⭐️ 4.9 (98)
The Davis - Beautiful Classic Charleston Home!

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$66,044
$284
60%
221$153❌❌✅Y / Y⭐️ 4.8 (46)
The Cooper Suite at Sanctuary Court

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$134,420
$400
89%
222$149❌❌❌Y / Y⭐️ 5 (161)
Private Balcony, 2 Living Rooms, 2 Blocks to King!

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$114,763
$317
93%
221$200❌❌❌Y / Y⭐️ 5 (71)
DOWNTOWN-1800s 2BR, 2BATH WITH COURTYARD & PARKING

No image available

$33,528
$140
61%
221$95❌❌❌Y / Y⭐️ 4.8 (399)
✰ AUSTELLE SUITE ✰ Best Area -Walk To Everything!

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$72,710
$224
85%
222$95❌❌❌Y / Y⭐️ 4.9 (188)
DOWNTOWN-14' CEILINGS 2BR, 2BA, AND OLD CISTERN

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$27,549
$141
51%
221$95❌❌❌Y / Y⭐️ 4.9 (499)
Downtown Charleston abode w/ bikes, 4 Beds

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$81,939
$215
99%
221$95❌❌❌Y / Y⭐️ 5 (371)
DOWNTOWN-1850s APARTMENT-2BR 2BATH AND PARKING

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$40,269
$148
72%
221$95❌❌❌Y / Y⭐️ 4.9 (428)
Secluded Courtyard & Parking - 2 Blocks to King!

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$118,013
$326
94%
221$200❌❌❌Y / Y⭐️ 5 (57)
2BR Chic, Comfortable, Walkable and Ideal for 2023

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$135,893
$572
64%
222$100❌❌❌Y / Y⭐️ 5 (39)
The Sutton- C | 4 Blocks to King St-Historic Charm

No image available

$97,453
$307
85%
222$115❌❌✅Y / Y⭐️ 5 (51)

Return Metrics

-4.73% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$11,249-$22,498-$33,747-$44,996-$56,245-$112,490-$337,470
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$804,720$804,720$804,720$804,720$804,720$804,720$804,720
Down Payment$201,180$201,180$201,180$201,180$201,180$201,180$201,180
Property Appreciation$30,177$61,259$93,274$126,249$160,213$345,945$1,435,683
Total Return$1,024,827$1,044,661$1,065,427$1,087,153$1,109,868$1,239,355$2,104,113

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-4.73%

Cap Rate

5.62%

Return on Investment

12.12%

property-location

565 Rutledge Ave Charleston, South Carolina, 29403-4689

2 bed • 1 bath • 5 guests

Est. $4,825/mo

Agent

This property is for sale!

Contact Agent

Charleston

Zoning


Laws

$80,788

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $303/night at 73% occupancy.Projected nightly rate is $273/night at 77% occupancy.

Top 54% of comparables

Top 34% of comparables


Seasonality

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15

Airbnb Comparables

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

$81,657

Avg annual revenue

77%

Avg occupancy rate

$273

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

$25k

$60k

$100k

$135k

Sign up to see the data on 15 all comparables

-$11,249

Profit

Revenue

$80,788

Operating Expenses

$24,182

Operating Income

$56,606

Mortgage & Taxes

$67,855

Profit (Cash Flow)

-$11,249

$237,607

Cash Investment

Down Payment

$201,180

Renos & Furnishing

$6,250

Closing Costs

$30,177

Total

$237,607

DSCR Ratio

Weak

0.83

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-4.73%

Cap Rate

5.62%

Profit (Cummulative)

-$11,249

$804,720

$6,250

$30,177

$0

Total Gain

$28,810

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

$47,741

Deductible property tax

$9,958

Your total deduction

$110,196

Your adjusted annual income

$150,000 - $110,196 = $39,804


Taxes on $39,804 (30%)

$11,941

Your old tax bill

$45,000

Your new tax bill

$11,941


Estimated tax savings

$33,059

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:

2,614 sqft

Year built:

1930

Size:

1,844 sqft

Type:

MFR

Parking:

-

Heating:

Forced Air Unit

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
128 Cannon St422,170-5,6631840$0-
195 Rutledge Ave423,492-4,7921890$0-
330 Sumter St622,832-6,0981925$0-
94 Smith St422,604-3,9201814$0-
79 Spring St522,549-3,0491905$2,150,000-
221 Calhoun St742,619-3,4851820$0-
22 Nunan St421,700-1,7421930$925,000-
95 Spring St422,016-3,0491852$838,500-
2 Maranda Holmes St421,650-2,1781950$0-
188 Coming St422,136-4,7921852$1,005,000-

Property Details

  • MLS Status: Active
  • Property Use: Duplex (2 Units, Any Combination)
  • Stories: 2
  • Lot size: 2,614 sqft
  • Building area: 1,844 sqft
  • Garage: No
  • Heating: Forced air unit
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: Residential
  • Parcel Number: 460-07-02-199
  • Flood Zone: Yes, Zone

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $54,000
  • County Est. Land Value: $275,000
  • Assessed Land Value: -
  • County Est. Structure Value: $625,000
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
05/17/22$900,00071%Mackenzie Satterlee, Marietta Burcheci
04/27/21$749,00080%Daniel H Sherman, Yang Guo Sherman
06/26/15$205,000144%David James Higgins
06/01/15$171,000100%Palmetto Home Investments Llc
02/12/15$171,000100%Palmetto Home Improvements Llc
09/30/08$00%Shirley Williams, Sharod Williams

Ownership

  • Name: Mackenzie Satterlee
  • Owner Occupied: Yes
  • Owner Mailing Address: 565 Rutledge Ave, Charleston, SC 29403
  • Years Owned: 30
  • Home Equity: $458,000
  • Mortgage Balance Remaining: $647,000
  • Financed amount: -
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No

Schools

  • High School: Burke High School with 2/10 star rating

🤩

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