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BNBCalc Short Term Rental Investment Analysis 650 Island Way, Clearwater, FL

2 bed • 2 bath • 6 guests • $550,000

BNB

Calc

Annual Revenue

$95,139

Profit (Cash Flow)

$31,989

Cap Rate

12.6%

Annual Revenue

$95,139

AirDNA projects $251/night at 71% occupancy ($65,090). Airbtics projects $253/night at 78% occupancy ($72,077). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 88% occupancy rate, $296 rate per night.

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

Percentiles25%50%75%90%
Revenue$54,551$72,272$98,061$113,557
Occupancy72%80%88%92%
Nightly Rate$202$240$296$327

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
Waterfront Industrial Chic #2 Clearwater Beach
$69,267
$246
76%
221$120✅❌❌Y / Y⭐️ 5 (125)
Waterfront Modern Chic #1 Clearwater Beach
$73,096
$265
74%
221$120✅❌❌Y / Y⭐️ 5 (209)
2 Bedroom 2 Bath Condo, 3 min walk to Beach
$63,116
$206
81%
222$120❌❌❌Y / Y⭐️ 5 (245)
WaterfrontClearwater Beach Unaffected by Hurricane
$66,395
$254
70%
221$120✅❌❌Y / Y⭐️ 5 (159)
Bay Front 2 Bedroom Apartment 10
$38,965
$114
89%
211$100❌❌❌Y / Y⭐️ 5 (375)
WaterfrontClearwater Beach Unaffected by Hurricane
$72,817
$263
74%
221$120✅❌❌Y / Y⭐️ 5 (260)
Suite 105 -Waterfront-Deck-2 bedrooms-3
$94,472
$318
80%
231$250✅❌❌Y / Y⭐️ 5 (21)
Surf n Sand 2 Bedroom Apartment on Water 22
$44,968
$142
84%
211$100✅❌❌N / Y⭐️ 5 (292)
Bahia Danza
$61,582
$203
82%
223$200❌❌❌Y / Y⭐️ 5 (45)
Newly Remodeled 2 Bedroom Condo
$54,326
$177
81%
21.52$130❌❌❌Y / Y⭐️ 5 (53)
Bay 2 Bedroom Apartment with Water View 14
$39,300
$121
84%
221$100❌❌❌N / Y⭐️ 5 (222)
Surf n Sand 2 Bedroom Apartment by the Water 21
$44,192
$131
88%
211$100✅❌❌N / Y⭐️ 4.5 (196)
Luxury condo at Avalon Club
$86,066
$266
76%
21.53$175✅❌✅Y / Y⭐️ 5 (140)
Beachside Comfort: 2BR/2BA, Sleeps 6, Prime Spot!
$51,195
$207
65%
222$150❌❌❌Y / Y⭐️ 5 (30)
Prime Location | STEPS from sand; Beach Essentials
$46,678
$224
54%
212$120❌❌✅N / Y⭐️ 5 (41)
Stunning Beachside Unit ~ B5 Villas of Clearwater
$98,886
$291
92%
224$180✅❌❌Y / Y⭐️ 4.7 (34)
Sleep 7 Steps to Beach Pets OK Real Beach Cottage
$59,914
$228
70%
211$150✅✅✅N / Y⭐️ 4.5 (137)
Pink Gulfside Cottage, Steps to Beach, Pets OK
$51,707
$206
65%
211$150❌✅✅N / Y⭐️ 5 (141)
$189 30 Steps from Beach l 3min Rest/Shops
$67,448
$242
74%
223$190✅❌❌Y / Y⭐️ 5 (44)
Clearwater Beach Cottage 15H / Walk to the Beach!
$48,951
$134
94%
212$150❌❌❌Y / Y⭐️ 5 (50)
Steps to the beach Sleeps 6, Pets OK, Great Value
$74,410
$311
63%
211$150❌✅✅Y / Y⭐️ 5 (203)
Steps to Beach, Sleeps 6, Pets OK
$39,358
$175
57%
211$150❌✅✅N / Y⭐️ 4.5 (205)
The Villas of Clearwater Beach
$164,096
$518
86%
223$210✅❌❌Y / Y⭐️ 5 (59)
On Clearwater Beach Stunning 2/2.5 City view condo
$78,655
$238
88%
22.51$125✅❌❌Y / Y⭐️ 5 (94)
Island Vibes House | Amazing Location
$74,431
$223
88%
211$237❌❌✅Y / Y⭐️ 5 (22)
Modern design in tropical paradise
$89,220
$282
80%
22.53$175✅❌✅Y / Y⭐️ 5 (112)
Welcome to the beach
$92,893
$311
73%
21.53$175✅❌✅Y / Y⭐️ 4.5 (81)
Mermaid Cottage
$93,120
$350
70%
222$150✅❌✅Y / Y⭐️ 5 (111)
Clearwater Beach House #2-Right on the Beach!
$169,767
$559
82%
231$200❌❌❌Y / N⭐️ 4.5 (6)
Seaside Cottage
$86,868
$261
88%
211$165✅❌❌Y / Y⭐️ 4.5 (23)
#6- Winter Sale! Book Now! Beachfront! King!
$72,122
$325
60%
223$250❌❌❌Y / Y⭐️ 5 (19)
Clearwater Beach Suites Unit 107
$104,003
$296
96%
212$0✅❌❌Y / Y⭐️ 5 (34)
Beach to Bay Near Mandalay Loft B-Sleeps 4
$32,168
$92
89%
212$200❌❌❌N / Y⭐️ 5 (153)
Clearwater Beach Suites Unit 106
$91,837
$306
82%
212$0✅❌❌N / Y⭐️ 4.5 (35)
Beach to Bay Near Mandalay Loft A-2Bd 2Ba-Sleeps 6
$46,646
$159
75%
222$250❌❌❌Y / Y⭐️ 5 (130)
COCONUT CABANA 2 pools steps from the beach!!
$56,335
$199
76%
213$139✅❌❌Y / Y⭐️ 4.5 (7)
Clearwater Beach Cottage 13H/ Walk to the Beach!
$80,735
$227
93%
212$150❌❌❌Y / Y⭐️ 5 (29)
NEW! Amazing Beach & Sunset Views! Fully Renovated
$81,382
$235
92%
222$224❌❌❌Y / Y⭐️ 5 (57)
Clearwater Beach Suites Unit 201
$89,436
$298
82%
212$0❌❌❌Y / Y⭐️ 5 (14)
Beach Vacation! 2 Units, Outdoor Terrace!
$122,123
$547
61%
221$0✅❌❌N / Y⭐️ 0 (1)

Return Metrics

24.05% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$31,989$63,978$95,968$127,957$159,947$319,894$959,683
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$5,403$11,139$17,230$23,696$30,560$71,782$440,000
Down Payment$110,000$110,000$110,000$110,000$110,000$110,000$110,000
Property Appreciation$16,500$33,495$50,999$69,029$87,600$189,154$784,994
Total Return$163,892$218,613$274,198$330,683$388,108$690,831$2,294,677

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

24.05%

Cap Rate

12.56%

Return on Investment

40.52%

property-location

650 Island Way Clearwater, Florida, 33767

2 bed • 2 bath • 6 guests

Est. $2,638/mo

Agent

Inquire about this property

Contact Agent

Clearwater

Zoning


Laws

135

Airbnb Investor Score

$31,989

Annual Profit

12.6%

Cap Rate

24.1%

Cash on Cash

$95,139

Annual Revenue

BNBCalc predicts this property will get $253 per night with 78% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Top 26% of comparables

Top 26% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$74,323

Avg annual revenue

78%

Avg occupancy rate

$253

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

$30k

$75k

$120k

$170k

Sign up to see the data on 40 all comparables

$31,989

Profit

Revenue

$95,139

Operating Expenses

$26,048

Operating Income

$69,091

Mortgage & Taxes

$37,101

Profit (Cash Flow)

$31,989

$133,000

Cash Investment

Down Payment

$110,000

Renos & Furnishing

$6,500

Closing Costs

$16,500

Total

$133,000

DSCR Ratio

Strong

1.86

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

24.05%

Cap Rate

12.56%

Profit (Cummulative)

$31,989

$5,403

$6,500

$16,500

$0

Total Gain

$53,893

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

$26,104

Deductible property tax

$5,445

Your total deduction

$23,395

Your adjusted annual income

$150,000 - $23,395 = $126,605


Taxes on $126,605 (30%)

$37,981

Your old tax bill

$45,000

Your new tax bill

$37,981


Estimated tax savings

$7,019

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:

-

Year built:

1988

Size:

1,215 sqft

Type:

APARTMENT

Parking:

-

Heating:

Forced air

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: APARTMENT
  • Stories: -
  • Lot size: -
  • Building area: 1,215 sqft
  • Garage: No
  • Heating: Forced air
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: None
  • View: -
  • Parking: None
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: Yes, Zone Moderate risk: Areas of 0.2% annual chance flood (500-year flood)

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -


Schools

  • Elementary School: Sandy Lane Elementary School with 5/10 star rating
  • Middle School: Dunedin Highland Middle School with 7/10 star rating
  • High School: Clearwater High School with 5/10 star rating