BNBCalc Short Term Rental Investment Analysis 6582 Church St, Chincoteague, VA, 23336

6 bed • 3 bath • 16 guests • $545,000

BNB

Calc

Annual Revenue

$114,657

Profit (Cash Flow)

$32,709

Cap Rate

12.7%

Annual Revenue

$114,657

AirDNA projects $388/night at 55% occupancy ($77,943). Airbtics projects $356/night at 59% occupancy ($76,715). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 72% occupancy rate, $436 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$30,226	$69,723	$119,774	$201,615
Occupancy	42%	62%	72%	83%
Nightly Rate	$187	$296	$436	$639

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Casa del Mar - Pet friendly w/ Hot tub!	$107,077	$424	69%	5	4	2	$0	❌	✅	✅	Y / Y	⭐️ 4.2 (4)
Marsh Madness on Chincoteague Island - Amazing	$79,524	$303	65%	5	3	1	$310	❌	❌	✅	Y / Y	⭐️ 4.7 (16)
Lookout on Main - Your Waterfront Wonderland!	$94,833	$325	75%	5	3	1	$285	❌	❌	❌	Y / Y	⭐️ 4.9 (16)
Shore to Please - You're going to love your	$50,883	$152	82%	5	2	1	$270	❌	❌	✅	Y / Y	⭐️ 4.8 (9)
BarDown on Chincoteague Island	$55,116	$339	43%	5	4	2	$295	❌	❌	❌	Y / Y	⭐️ 5 (42)
Watson Guest House	$57,421	$289	53%	6	6	5	$200	❌	❌	❌	Y / Y	⭐️ 4.7 (7)
Relax and Enjoy Island Life in Waterfront Home	$98,006	$437	60%	5	4	2	$300	❌	❌	❌	Y / Y	⭐️ 5 (24)
Breathe the Bay - Waterfront w/ Dock, Pool & Golf!	$35,136	$192	50%	5	2	1	$0	✅	❌	✅	Y / Y	⭐️ 3.9 (7)
The Inn at Poplar Corner is an incredible 5	$50,994	$170	72%	5	5	1	$295	❌	❌	❌	Y / Y	⭐️ 4.8 (16)
Castlebar - Luxury waterfront w/ Private dock!	$91,646	$626	40%	5	3	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (1)
Dock Holiday - Amazing Waterfront in Captain's	$32,539	$174	32%	5	4	1	$335	✅	❌	❌	Y / Y	⭐️ 5 (3)
Lavinder House - Waterfront; North Main!	$75,015	$244	84%	5	3	1	$0	❌	❌	❌	Y / Y	⭐️ 4 (3)
Great White is a stately Victorian Vacation	$56,424	$155	91%	5	2	1	$320	✅	❌	✅	Y / Y	⭐️ 4.5 (11)
Diving Duck -Waterfront,Hot tub,Boat dock,king bed	$55,866	$288	53%	5	2	2	$0	✅	❌	✅	Y / Y	⭐️ 5 (1)
Willow Haven	$55,852	$436	35%	5	3	5	$0	❌	❌	✅	Y / Y	⭐️ 0 (2)
The Tree House-Waterview, Close to Beach, Firepit	$74,580	$287	71%	5	5	1	$220	✅	❌	❌	Y / Y	⭐️ 5 (5)
Sunset Pointe on Chincoteague Island sleeps 12	$22,940	$175	30%	5	3	3	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (20)
Island Estate - Pet friendly; Private pool & dock!	$141,611	$569	68%	5	3	1	$0	✅	❌	✅	Y / Y	⭐️ 0 (0)
"Tweedy" Bird House	$232,392	$765	83%	5	2	6	$0	❌	❌	✅	Y / Y	⭐️ 0 (3)
Creek House - Luxury Waterfront on Holden's Creek	$80,240	$783	28%	5	4	1	$0	✅	❌	✅	Y / Y	⭐️ 0 (0)

Return Metrics

23.34% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$32,709	$65,418	$98,128	$130,837	$163,546	$327,093	$981,280
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$5,354	$11,038	$17,073	$23,480	$30,283	$71,130	$436,000
Down Payment	$109,000	$109,000	$109,000	$109,000	$109,000	$109,000	$109,000
Property Appreciation	$16,350	$33,190	$50,536	$68,402	$86,804	$187,434	$777,858
Total Return	$163,413	$218,647	$274,737	$331,720	$389,634	$694,658	$2,304,138

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

23.34%

Cap Rate

12.74%

Return on Investment

38.83%

6582 Church St Chincoteague, Virginia, 23336

6 bed • 3 bath • 16 guests

Purchase Price

134

Airbnb Investor Score

$32,709

Annual Profit

12.7%

Cap Rate

23.3%

Cash on Cash

$114,657

Annual Revenue

BNBCalc predicts this property will get $356 per night with 59% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 26% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

20 Airbnb Comparables

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

$77,404

Avg annual revenue

59%

Avg occupancy rate

$356

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

$90k

$160k

$235k

$32,709

Profit

Revenue

$114,657

Operating Expenses

$45,184

Operating Income

$69,473

Mortgage & Taxes

$36,764

Profit (Cash Flow)

$32,709

$140,100

Cash Investment

Down Payment

$109,000

Renos & Furnishing

$14,750

Closing Costs

$16,350

Total

$140,100

DSCR Ratio

Strong

1.89

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

23.34%

Cap Rate

12.74%

Return on Investment

38.83%

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

$25,866

Deductible property tax

$5,395

Your total deduction

$23,318

Your adjusted annual income

$150,000 - $23,318 = $126,682

Taxes on $126,682 (30%)

$38,004

Your old tax bill

$45,000

Your new tax bill

$38,004

Estimated tax savings

$6,996

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