BNBCalc Short Term Rental Investment Analysis 6408 Mowery Rd, Climax, NC, 27233

3 bed • 1 bath • 9 guests • $234,800

BNB

Calc

Report by:

Scott Workman

saworkman@gmail.com

Annual Revenue

$35,896

Profit (Cash Flow)

$15,225

Cap Rate

7.5%

Annual Revenue

$35,896

AirDNA projects $174/night at 51% occupancy ($32,411). Airbtics projects $156/night at 63% occupancy ($35,896). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 63% occupancy rate, $156 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$30,050	$34,903	$46,906	$56,302
Occupancy	57%	62%	71%	79%
Nightly Rate	$137	$145	$170	$181

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
The Greensboro Getaway: Peace & Quiet w/ the Woods	$36,827	$176	54%	3	2	2	$135	❌	✅	✅	Y / Y	⭐️ 5 (42)
Perfect Getaway with Pool and Everything else!	$32,271	$252	33%	3	3	2	$200	✅	✅	❌	Y / Y	⭐️ 4.5 (36)
Greensboro Vacation Rental w/ Patio, Yard!	$34,868	$157	55%	3	2	2	$155	❌	❌	❌	Y / N	⭐️ 4.5 (20)
Pet-Friendly Cozy Home - 2 Mi to UNC Greensboro!	$26,725	$108	60%	3	1	2	$120	❌	❌	✅	Y / Y	⭐️ 4.5 (54)
Fantastic Cottage with big backyard near the city	$28,423	$169	43%	3	2	2	$140	❌	❌	❌	Y / Y	⭐️ 4.5 (37)
Luxurious & Gorgeous Downtown Greensboro - Tanger	$35,827	$178	53%	3	2	2	$185	❌	❌	❌	Y / Y	⭐️ 5 (48)
Bungalow on Willomore	$30,894	$100	78%	3	1	1	$60	❌	❌	✅	Y / Y	⭐️ 5 (118)
LAST MIN DEAL\|Cozy King\|Coliseum/GAC/UNCG<5 min	$41,894	$155	70%	3	2	1	$99	❌	❌	✅	Y / Y	⭐️ 5 (128)
Greensboro 3bdrm/2ba w/ GAME ROOM	$53,856	$181	76%	3	2	1	$140	✅	❌	❌	Y / Y	⭐️ 5 (76)
Greensboro 3bdrm/2ba mins to Downtown	$39,605	$165	61%	3	2	1	$120	❌	❌	❌	Y / Y	⭐️ 5 (109)
The Little Blue Bungalow	$25,451	$96	66%	3	1	1	$55	❌	❌	❌	Y / Y	⭐️ 5 (253)
Home near downtown Greensboro, colleges	$22,316	$84	69%	3	2	1	$25	❌	❌	❌	Y / Y	⭐️ 4.5 (297)
Newly remodeled 3/1 home near Revolution Mill	$39,564	$135	75%	3	1	1	$100	❌	❌	✅	Y / Y	⭐️ 5 (112)
Hunsucker's Place Downtown Greensboro	$31,758	$140	61%	3	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (59)
Fenced Backyard-Family Games - Close to Downtown	$41,914	$135	76%	3	1.5	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (33)
Gorgeous 3bd/2bath, filled with luxury comforts!	$53,629	$173	79%	3	2	1	$109	❌	❌	❌	Y / Y	⭐️ 5 (28)
Woods Retreat	$50,069	$304	45%	3	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (25)
Just like home 3Br/2 Bath - New AC/Furnace	$36,578	$156	57%	3	2	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (25)
Cozy Home in Central Location, Gboro & High Point!	$34,731	$138	65%	3	2	1	$90	❌	❌	✅	Y / Y	⭐️ 5 (101)
Cozy stay nearGreensboro coliseum&Koury convention	$34,255	$146	60%	3	2	2	$145	❌	❌	✅	Y / Y	⭐️ 5 (198)
Cozy Updated 3BD/2BA by Colleges,Tanger, Coliseum	$23,817	$127	47%	3	2	2	$85	❌	❌	✅	Y / Y	⭐️ 5 (41)
Luxury Coliseum Stay (STR_24-441)	$36,554	$118	82%	3	2	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (148)
Coliseum Cottage by UNCG, Aquatic Ctr.	$38,651	$175	57%	3	1	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (67)
Nice House and good space	$27,494	$104	70%	3	2	3	$65	❌	✅	❌	Y / Y	⭐️ 4.5 (45)
Bright & Happy College Cottage	$33,996	$153	58%	3	2	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (59)
The Refuge-private office, fenced backyard	$43,104	$141	75%	3	1	1	$125	❌	❌	✅	Y / Y	⭐️ 5 (135)
Bright Greensboro Escape ~ 1 Mi to Downtown	$47,328	$138	90%	3	2	2	$155	❌	❌	✅	Y / Y	⭐️ 4.5 (18)
The Friendly Bungalow	$36,122	$158	61%	3	2	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (224)
Homey LODGE - Cozy home / Walk to Revolution Mill	$32,980	$139	57%	3	2	1	$165	❌	❌	❌	Y / Y	⭐️ 4.5 (34)
Modern 3bed,2bath-Location!	$26,834	$136	51%	3	2	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (49)
"The Corner" Lindley Park neighborhood home	$35,170	$138	66%	3	1	2	$130	❌	❌	✅	Y / Y	⭐️ 5 (30)
Beautiful - Friendly Shopping Center	$38,588	$173	60%	3	2	2	$99	❌	❌	❌	Y / Y	⭐️ 5 (86)
Mid-Century Charmer in Old Irving Park	$44,033	$140	82%	3	1	2	$80	❌	❌	❌	Y / Y	⭐️ 5 (94)
Charming 3 bedroom home in quaint neighborhood	$38,117	$155	64%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (91)
Sports Bar + Work Center + 6 TVs	$47,103	$169	69%	3	2.5	1	$200	❌	❌	✅	Y / Y	⭐️ 5 (85)
Cozy Guilford Hills Retreat	$68,121	$346	53%	3	2	1	$165	❌	❌	✅	Y / Y	⭐️ 5 (27)
Next to Downtown Greensboro 3 bedr 2 bath Bungalow	$36,542	$142	65%	3	2	2	$75	❌	❌	❌	Y / Y	⭐️ 4.5 (23)
Charming Renovated Ranch Near Coliseum & Koury	$45,939	$145	82%	3	2	1	$125	❌	❌	❌	Y / Y	⭐️ 5 (73)
Walkable to Restaurants & Coffee	$44,656	$184	64%	3	2	1	$170	❌	❌	✅	Y / Y	⭐️ 5 (42)
Updated Lindley Park Hideaway, Heart of Greensboro	$30,998	$142	58%	3	1	1	$60	❌	❌	✅	Y / Y	⭐️ 5 (298)

Return Metrics

6.08% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$15,225	$30,450	$45,675	$60,900	$76,125	$152,251	$456,754
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0	$0	$0
Down Payment	$234,800	$234,800	$234,800	$234,800	$234,800	$234,800	$234,800
Property Appreciation	$7,044	$14,299	$21,772	$29,469	$37,397	$80,751	$335,121
Total Return	$257,069	$279,549	$302,247	$325,170	$348,323	$467,803	$1,026,675

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

6.08%

Cap Rate

7.47%

Return on Investment

8.9%

6408 Mowery Rd Climax, North Carolina, 27233

3 bed • 1 bath • 9 guests

Purchase Price

Inquire about this property

Contact Scott

$234,800

Zestimate

Airbnb Investor Score

$15,225

Annual Profit

7.5%

Cap Rate

6.1%

Cash on Cash

$35,896

Annual Revenue

BNBCalc predicts this property will get $156 per night with 63% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 48% of comparables

Avg Daily Rate

Top 38% of comparables

Seasonality

40 Airbnb Comparables

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

$37,690

Avg annual revenue

63%

Avg occupancy rate

$156

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

$20k

$35k

$50k

$70k

$15,225

Profit

Revenue

$35,896

Operating Expenses

$18,347

Operating Income

$17,550

Mortgage & Taxes

$2,325

Profit (Cash Flow)

$15,225

$250,094

Cash Investment

Down Payment

$234,800

Renos & Furnishing

$8,250

Closing Costs

$7,044

Total

$250,094

DSCR Ratio

Strong

7.55

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

6.08%

Cap Rate

7.47%

Return on Investment

8.9%

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

Deductible property tax

$2,325

Your total deduction

$11,545

Your adjusted annual income

$150,000 - $11,545 = $138,455

Taxes on $138,455 (30%)

$41,536

Your old tax bill

$45,000

Your new tax bill

$41,536

Estimated tax savings

$3,464

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:

2.25 sqft

Year built:

1964

Size:

1,404 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: -

Lot size: 2.25 sqft

Building area: 1,404 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: -

Basement: No

Cooling: Central

View: -

Parking: Garage - Detached, Off-street

Amenities: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer

Price per square foot: $167

Lot Info

Zoning: -

Land Use: -

Parcel Number: 124628

Flood Zone: No

Tax Info

Year Assessed: 2023

Assessed Value: $132,900

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $234,800

Schools

Elementary School: Pleasant Garden Elementary School with 7/10 star rating
Middle School: Southeast Guilford Middle School with 5/10 star rating
High School: Southeast Guilford High School with 7/10 star rating