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BNBCalc Short Term Rental Investment Analysis 5775 Collins Ave 1101, Miami Beach, FL 33140

3 bed β€’ 3 bath β€’ 9 guests β€’ $7,200,000

BNB

Calc

Annual Revenue

$137,799

Profit (Cash Flow)

-$379,484

Cap Rate

1.5%

Annual Revenue

$137,799

Airbtics projects $524/night at 72% occupancy ($137,799). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 72% occupancy rate, $524 rate per night.

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

Percentiles25%50%75%90%
Revenue$103,656$132,908$196,591$254,068
Occupancy66%72%79%84%
Nightly Rate$425$491$649$791

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
Loft-Balcony ocean views, BeachAccess,ValetParking
$178,220
$654
72%
331$99βŒβŒβœ…Y / Y⭐️ 4.5 (146)
Stunning Ocean Views - High ceilings PentHouse!
$196,423
$635
84%
331$99βŒβŒβœ…Y / Y⭐️ 4.8 (40)
Oceanfront Balcony View Loft free Valet Parking
$82,348
$204
85%
331$169βœ…βŒβŒY / Y⭐️ 4 (66)
OceanTopBalcony LOFT Billiard Table, Beach&GYM
$119,902
$504
65%
331$0βœ…βŒβœ…Y / Y⭐️ 4.5 (133)
BIGGEST BEACHFRONT 3 BEDROOM 2200sqft CONDO-HOTEL
$202,910
$792
70%
321$0βŒβœ…βŒY / Y⭐️ 4.8 (262)
Beachfront 3 bedroom condo hotel w/ free parking
$211,340
$791
73%
321$0βŒβœ…βŒY / Y⭐️ 4.8 (14)
Beautiful LOFT~ Balcony with OceanViews ~
$104,840
$478
59%
331$99βŒβŒβœ…N / Y⭐️ 4.7 (19)
Oceanfront Loft at Castle Beach Club -M15
$108,603
$471
63%
322$0βœ…βŒβŒY / Y⭐️ 4.5 (9)
Gorgeous Oceanfront Penthouse with gym, bars
$128,388
$410
77%
321$235βœ…βŒβŒY / Y⭐️ 4.4 (65)
GA Castle Beach M13
$94,015
$309
80%
331$228βœ…βŒβŒY / Y⭐️ 3.5 (11)

Return Metrics

-22.79% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$379,483-$758,967-$1,138,451-$1,517,935-$1,897,419-$3,794,839-$11,384,519
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$5,760,000$5,760,000$5,760,000$5,760,000$5,760,000$5,760,000$5,760,000
Down Payment$1,440,000$1,440,000$1,440,000$1,440,000$1,440,000$1,440,000$1,440,000
Property Appreciation$216,000$438,480$667,634$903,663$1,146,773$2,476,197$10,276,289
Total Return$7,036,516$6,879,512$6,729,182$6,585,727$6,449,353$5,881,358$6,091,770

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-22.79%

Cap Rate

1.47%

Return on Investment

-5.57%

property-location

5775 Collins Ave 1101 Miami Beach, FL, 33140

3 bed β€’ 3 bath β€’ 9 guests

Est. $34,534/mo

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Miami Beach

Zoning


Laws

$137,799

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $524/night at 72% occupancy.

Top 51% of comparables

Top 41% of comparables


Seasonality

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10

Airbnb Comparables

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

$142,698

Avg annual revenue

72%

Avg occupancy rate

$524

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$80k

$125k

$165k

$210k

Sign up to see the data on 10 all comparables

-$379,484

Profit

Revenue

$137,799

Operating Expenses

$31,594

Operating Income

$106,205

Mortgage & Taxes

$485,689

Profit (Cash Flow)

-$379,484

$1,664,750

Cash Investment

Down Payment

$1,440,000

Renos & Furnishing

$8,750

Closing Costs

$216,000

Total

$1,664,750

DSCR Ratio

Weak

0.22

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-22.79%

Cap Rate

1.47%

Profit (Cummulative)

-$379,484

$5,760,000

$8,750

$216,000

$0

Total Gain

-$92,750

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

$341,719

Deductible property tax

$71,280

Your total deduction

$1,093,983

Your adjusted annual income

$150,000 - $1,093,983 = -$943,983


Taxes on -$943,983 (30%)

-$283,195

Your old tax bill

$45,000

Your new tax bill

-$283,195


Estimated tax savings

$328,195

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com