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BNBCalc Short Term Rental Investment Analysis 655 NW 24th Ave, Fort Lauderdale, FL, 33311

3 bed • 2 bath • 6 guests • $515,700

BNB

Calc

Annual Revenue

$51,726

Profit (Cash Flow)

-$3,466

Cap Rate

6.1%

Annual Revenue

$51,726

AirDNA projects $245/night at 66% occupancy ($59,059). Airbtics projects $194/night at 73% occupancy ($51,725). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 73% occupancy rate, $194 rate per night.

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

Percentiles25%50%75%90%
Revenue$30,064$51,338$77,640$105,622
Occupancy64%74%90%96%
Nightly Rate$121$180$224$287

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

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Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
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54%
311$75❌❌❌Y / Y⭐️ 4.5 (39)
Luxury 3bd/2ba near Beach & Las Olas

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$38,965
$128
79%
323$195❌❌❌N / Y⭐️ 4.5 (61)
Sunnyside Getaway -15 mins from Beach/Dtwn/Airport

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321$125❌❌❌Y / Y⭐️ 5 (213)
Sistrunk Shades Villa #2 - Brand New Townhome

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Heated Pool & Spa! Centrally Located - Clean+Cozy

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$309
65%
324$325✅✅❌Y / Y⭐️ 5 (10)
Economy 4 beds 2 bath Apartment near Cruise! -3C

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$88
91%
321$75❌❌✅Y / Y⭐️ 4.5 (77)
Economy 4 beds 2 bath Apartment near Beaches -1B

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$32,282
$85
97%
321$75❌❌✅Y / Y⭐️ 4.5 (67)
Sistrunk Shades Villa #5 - Brand New Townhome

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$178
75%
32.52$195❌❌❌Y / Y⭐️ 5 (24)
Brand New Townhome Downtown Near Cruise Port/FLL

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$56,101
$206
70%
32.52$195❌❌❌Y / Y⭐️ 4.5 (22)
AQUAOASIS🏝PRIVATE🏘W/POOL🏖HOTTUB_NEAR☀️BEACH🌊LASOLAS

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68%
323$300✅✅✅Y / Y⭐️ 5 (58)
Tropical Villa | Pool | Courtyard & Garden view

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$224
76%
322$220✅❌✅Y / Y⭐️ 5 (7)
classic 4b/2b FLL Home with heated pool

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$69,643
$213
87%
324$200✅❌❌Y / Y⭐️ 5 (126)
Cowboy Pool 3 Bedrooms Oasis

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$43,946
$143
78%
311$69✅❌❌Y / N⭐️ 5 (92)
Sistrunk Shades Villa #1 - Brand New Townhome

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$55,446
$220
63%
32.52$195❌❌❌Y / Y⭐️ 5 (22)
Long Term Special, Convenient Location, Fast Wi-Fi

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$36,813
$228
42%
323$195❌❌❌Y / Y⭐️ 5 (18)
Modern Cozy Family Retreat

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$30,517
$146
53%
322$180❌❌✅Y / Y⭐️ 5 (37)
PoolParadise *King Bed *Nearby Beach *Free Parking

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$78,682
$270
76%
322$220✅❌✅Y / Y⭐️ 5 (10)
Sunny 3BR Home Near LasOlas Stadium&Beach

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$23,045
$189
31%
322$75❌❌✅Y / Y⭐️ 5 (16)
Beautiful home with pool! 5 mins from FTL Airport

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$50,215
$130
99%
322$170✅❌❌Y / Y⭐️ 5 (149)
Sistrunk Shades Villa #3 - Brand New Townhome

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$48,770
$185
65%
32.52$195❌❌❌Y / Y⭐️ 5 (15)
Private Paradise family size Pool STR-801

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$136
81%
321$380✅❌✅Y / Y⭐️ 4 (46)
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47%
321$100❌❌❌Y / Y⭐️ 4.5 (187)
Sunrise House in Fort Lauderdale - Min to beaches

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$165
87%
32.52$225❌❌❌Y / Y⭐️ 5 (81)
Chic Mod/Retro House

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$36,100
$226
40%
322$125❌❌✅Y / N⭐️ 5 (28)
The 0ne by Las Olas & Beach

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$35,059
$94
97%
321$220❌❌✅Y / Y⭐️ 5 (76)
4bed+games10min‐beach/AirPorT/PORT

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$29,239
$182
41%
312$160✅❌✅Y / Y⭐️ 5 (29)
Vacation Home 3 BRs, Private Pool and Pool Table

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$45,518
$225
52%
321$205✅❌❌Y / Y⭐️ 4 (14)
Paradise on the River STR-1713

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$40,915
$99
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321$400✅❌✅Y / Y⭐️ 5 (63)
Economy 4 beds 2 bath Apartment near Airport! -1A

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$35,205
$101
91%
321$75❌❌✅Y / Y⭐️ 5 (82)
Economy 4 beds 2 bath Apartment near Cruise! -1C

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$36,313
$99
95%
321$75❌❌✅Y / Y⭐️ 4.5 (76)
Economy 4 Beds 2 Bath Apartment near Airport! -3A

No image available

$34,411
$97
92%
321$76❌❌✅Y / Y⭐️ 4.5 (46)
Economy 5 beds 2 bath Apartment near Beaches! -3B

No image available

$34,049
$92
95%
321$75❌❌✅Y / Y⭐️ 5 (79)
Heated Pool SoHo House - LasOlas, HardRock, beach

No image available

$144,151
$736
53%
323$250✅❌✅Y / Y⭐️ 4.9 (36)
Heated Pool! Waterfront+Kayak! Close 2 Beach!

No image available

$125,538
$333
100%
334$329✅❌❌Y / Y⭐️ 5 (50)
Tropical Family Home w/ heated pool - PARROT.life

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$101,852
$285
96%
322$190✅❌❌Y / Y⭐️ 5 (84)
Califronia-Style Retreat

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$35,384
$86
71%
321$325✅❌✅Y / Y⭐️ 4.5 (82)
***VillaPlaya brand new home, modern style resort!

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$482
68%
333$250✅❌❌Y / Y⭐️ 5 (97)
Economy 4 beds 2 bath Apartment near Cruise! -4C

No image available

$33,318
$96
90%
321$79❌❌✅Y / Y⭐️ 4.5 (61)

Return Metrics

-2.72% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$3,466-$6,932-$10,398-$13,864-$17,330-$34,660-$103,980
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$412,560$412,560$412,560$412,560$412,560$412,560$412,560
Down Payment$103,140$103,140$103,140$103,140$103,140$103,140$103,140
Property Appreciation$15,471$31,406$47,819$64,724$82,137$177,357$736,039
Total Return$527,704$540,174$553,121$566,560$580,507$658,397$1,147,759

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-2.72%

Cap Rate

6.07%

Return on Investment

13.43%

property-location

655 NW 24th Ave Fort Lauderdale, Florida, 33311

3 bed • 2 bath • 6 guests

Est. $2,474/mo

Agent

Inquire about this property

Contact Agent

$515,700

Zestimate

Fort Lauderdale

Guide

Zoning

Guide


Laws

4

Airbnb Investor Score

-$3,466

Annual Profit

6.1%

Cap Rate

-2.7%

Cash on Cash

$51,726

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $245/night at 66% occupancy.Projected nightly rate is $194/night at 73% occupancy.

Top 53% of comparables

Top 41% of comparables


Seasonality

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40

Airbnb Comparables

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

$53,074

Avg annual revenue

73%

Avg occupancy rate

$194

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

$60k

$100k

$145k

Sign up to see the data on 40 all comparables

-$3,466

Profit

Revenue

$51,726

Operating Expenses

$20,404

Operating Income

$31,321

Mortgage & Taxes

$34,787

Profit (Cash Flow)

-$3,466

$127,111

Cash Investment

Down Payment

$103,140

Renos & Furnishing

$8,500

Closing Costs

$15,471

Total

$127,111

DSCR Ratio

Weak

0.90

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-2.72%

Cap Rate

6.07%

Profit (Cummulative)

-$3,466

$412,560

$8,500

$15,471

$0

Total Gain

$17,071

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

$24,476

Deductible property tax

$5,105

Your total deduction

$55,729

Your adjusted annual income

$150,000 - $55,729 = $94,271


Taxes on $94,271 (30%)

$28,281

Your old tax bill

$45,000

Your new tax bill

$28,281


Estimated tax savings

$16,719

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:

5,187 sqft

Year built:

2023

Size:

1,342 sqft

Type:

SINGLE_FAMILY

Parking:

2

Heating:

Central

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 1
  • Lot size: 5,187 sqft
  • Building area: 1,342 sqft
  • Garage: Yes
  • Heating: Central
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: Central Air
  • View: Lake
  • Parking: Driveway, Garage Door Opener
  • Amenities: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Price per square foot: $384

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 504205020070
  • Flood Zone: Yes, Zone Moderate risk: Areas of 0.2% annual chance flood (500-year flood)

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $431,950
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $515,700


Schools

  • Elementary School: Dillard Elementary School with 2/10 star rating