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BNBCalc Short Term Rental Rental Arbitrage Analysis 606 Nc Music Factory Boulevard, Charlotte, North Carolina 28206, United States

3 bed • 2.5 bath • 9 guests • $0

BNB

Calc

Annual Revenue

$37,364

Profit (Cash Flow)

-$3,397

Cash on Cash Return

-38.9%

Annual Revenue

$37,364

AirDNA projects $234/night at 40% occupancy ($34,186). Airbtics projects $186/night at 55% occupancy ($37,364). Airbtics predicts this property will perform in the 56% revenue percentile

BNB Calc projects a 55% occupancy rate, $186 rate per night.

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

Percentiles25%50%75%90%
Revenue$28,438$32,909$44,156$48,871
Occupancy43%57%68%71%
Nightly Rate$159$167$183$204

Seasonality (Profit by Month)

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Return Metrics

-38.93% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$3,396-$6,793-$10,190-$13,587-$16,984-$33,969-$101,907
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return-$3,396-$6,793-$10,190-$13,587-$16,984-$33,969-$101,907

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-38.93%

Payback Period Days

0

Return on Investment

-38.93%

property-location

606 North Carolina Music Factory Blvd Charlotte, North Carolina, 28206-6013

3 bed • 2.5 bath • 9 guests

Agent

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Contact Agent

$1,992

Zestimate

Charlotte

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Laws


Market Data

$37,364

Annual Revenue

This property is projected to be in the top 56% revenue percentile compared to similar properties nearby.
Projected nightly rate is $234/night at 40% occupancy.Projected nightly rate is $186/night at 55% occupancy.

Top 51% of comparables

Top 21% of comparables

Seasonality

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-$3,397

Profit

Revenue

$37,364

Operating Expenses

$16,857

Operating Income

$20,507

Net Effective Rent

$23,904

Profit (Cash Flow)

-$3,397

$8,725

Cash Investment

Renos & Furnishing

$8,625

Setup Costs

$100

Total

$8,725

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

-38.93%

Payback Period Days

0