BNBCalc Short Term Rental Investment Analysis 8321 Chinaberry Rd

3 bed • 2.5 bath • 7 guests • $1,200,000

BNB

Calc

Annual Revenue

$54,140

Profit (Cash Flow)

-$47,526

Cap Rate

2.8%

Annual Revenue

$54,140

AirDNA projects $183/night at 81% occupancy ($54,140). Airbtics projects $218/night at 66% occupancy ($52,551). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 81% occupancy rate, $183 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$32,518	$45,177	$78,971	$111,354
Occupancy	56%	64%	75%	85%
Nightly Rate	$155	$187	$281	$345

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Private Beach - Dogs Welcome - EV Charger - 3/3	$77,895	$363	57%	3	3	3	$180	❌	❌	✅	Y / Y	⭐️ 5 (72)
Beach Cottage with a Pool and Pet-Friendly	$89,727	$343	71%	3	2	2	$99	✅	❌	✅	Y / Y	⭐️ 5 (44)
Tropical Beach Oasis in beautiful Summerplace	$56,541	$254	60%	3	2	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (49)
Tropical Beach Paradise	$72,690	$311	63%	3	3	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (46)
Paradise Retreat! Heated Pool Near Beaches!3BR/2BA	$42,610	$177	64%	3	2	3	$230	✅	❌	✅	Y / Y	⭐️ 5 (56)
Beach Getaway (Pool & 2 King Beds)	$47,174	$135	91%	3	2	3	$245	✅	❌	❌	Y / Y	⭐️ 5 (80)
3 BR Solar Heated Pool Home 10 Minutes from Beach	$40,145	$210	43%	3	2	3	$215	✅	❌	❌	Y / Y	⭐️ 5 (2)
Romance Beach Resort brings the beach to you!	$46,894	$167	74%	3	2	2	$150	✅	❌	❌	Y / Y	⭐️ 5 (122)
Florida riverfront home with a dock!	$38,893	$210	44%	3	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (4)
Treasure Coast Hidden Gem 2 miles from Beaches!	$34,009	$145	60%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.9 (27)
Home on Canal..Minutes From Beach	$31,850	$124	68%	3	2	3	$130	❌	❌	✅	Y / Y	⭐️ 4.8 (81)
Private Beach Access • Vero Surf House	$118,631	$436	73%	3	2	2	$249	❌	❌	✅	Y / Y	⭐️ 5 (57)
Patio \| Firepit \| 65” TV w/ Netflix \| 472mbps \| WD	$28,424	$83	85%	3	1	1	$125	❌	❌	❌	Y / Y	⭐️ 4.9 (67)
Paradise Oasis! Beautiful HeatedPool, Near Beaches	$52,838	$172	81%	3	2	3	$210	✅	❌	✅	Y / Y	⭐️ 5 (31)
Beach Getaway - Private Heated Pool & 2 King Beds	$44,449	$132	89%	3	2	2	$265	✅	❌	❌	Y / Y	⭐️ 5 (84)
Newly Furnished/Heated Pool/Game Room/10 min Beach	$42,708	$191	58%	3	2	3	$150	✅	❌	✅	Y / Y	⭐️ 5 (49)
Indian River Vacation - Waterfront	$86,485	$288	78%	3	3	4	$185	❌	❌	✅	Y / Y	⭐️ 4.8 (17)
Tropical Sanctuary Oasis-Heated Pool, Pond, & Yard	$47,064	$162	73%	3	2	1	$199	✅	❌	✅	Y / Y	⭐️ 5 (173)
Tropical Getaway! Heated Pool, Cabana-Boat parking	$42,275	$217	51%	3	3	3	$245	✅	❌	✅	Y / Y	⭐️ 4.8 (14)
Pool Paradise! Heated Pool, PoolsideTV, Pool Table	$52,316	$180	77%	3	3	3	$220	✅	❌	❌	Y / Y	⭐️ 4.7 (32)
Tropical 3/2 with Private Pool, All Yours	$49,530	$184	71%	3	2	4	$75	✅	❌	✅	Y / Y	⭐️ 5 (53)
Private Wabasso Beach Getaway!	$72,328	$307	64%	3	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (11)
3br/2ba Home.. Minutes from Beach	$23,317	$119	49%	3	2	3	$125	❌	❌	✅	Y / Y	⭐️ 4.8 (91)
Coastal home	$42,320	$207	55%	3	2	1	$50	✅	❌	✅	Y / Y	⭐️ 5 (95)
Pool Home in Beautiful Sebastian	$32,759	$152	58%	3	2	3	$150	✅	❌	❌	Y / Y	⭐️ 4.8 (30)
Historic Braddock House	$32,979	$156	57%	3	3	3	$200	✅	❌	✅	Y / Y	⭐️ 4.8 (7)
Albatross villa newly furnished/heated pool	$68,403	$285	64%	3	2	2	$150	✅	✅	✅	Y / Y	⭐️ 5 (26)
Walk to Capt Hiram’s, Saltwater Grill, Squid lips	$41,129	$146	75%	3	2	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (68)
Coastal Retreat	$46,933	$280	40%	3	2	7	$199	✅	❌	❌	Y / Y	⭐️ 5 (2)
Updated Private 3/2 Beach Getaway w/ Heated Pool	$47,757	$137	85%	3	2	2	$250	✅	❌	❌	Y / Y	⭐️ 5 (71)
Relaxing Heated Pool! Beautiful Patio &Fenced Yard	$47,585	$167	75%	3	2	3	$220	✅	❌	✅	Y / Y	⭐️ 4.8 (51)
Pool & Hot Tub - Private Beach - Dog Friendly - EV	$116,431	$392	80%	3	2	4	$180	✅	✅	✅	Y / Y	⭐️ 5 (92)
Beach Getaway Private Pool Home	$42,204	$182	63%	3	2	3	$180	✅	❌	❌	Y / Y	⭐️ 5 (13)
Sebastian Vacation Home driveway fits boat	$31,490	$142	56%	3	2	3	$160	❌	❌	❌	Y / Y	⭐️ 4.9 (149)
Heated Pool/ X-masTree/Pub Crawl/Dog Friendly	$78,175	$216	97%	3	2	2	$275	✅	❌	✅	Y / Y	⭐️ 5 (72)
Summerplace Vero Beach	$79,829	$395	55%	3	2	7	$200	❌	❌	✅	Y / Y	⭐️ 5 (32)
Coastal Retreat	$34,199	$206	44%	3	2	6	$250	✅	❌	✅	Y / Y	⭐️ 5 (7)
Cabana Paradise! Heated Pool with TV, Near Beaches	$41,366	$177	63%	3	3	3	$230	✅	❌	✅	Y / Y	⭐️ 5 (43)
Riverhouse, lovely WATERFRONT, 1st floor rental	$54,821	$310	48%	3	2	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (33)
Luxury Retreat w Private Pool + Wi-Fi / Vero Beach	$81,822	$264	82%	3	2	1	$250	✅	❌	❌	Y / Y	⭐️ 4.8 (34)

Return Metrics

-16.69% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$47,526	-$95,052	-$142,578	-$190,105	-$237,631	-$475,263	-$1,425,789
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$960,000	$960,000	$960,000	$960,000	$960,000	$960,000	$960,000
Down Payment	$240,000	$240,000	$240,000	$240,000	$240,000	$240,000	$240,000
Property Appreciation	$36,000	$73,080	$111,272	$150,610	$191,128	$412,699	$1,712,714
Total Return	$1,188,473	$1,178,027	$1,168,693	$1,160,505	$1,153,497	$1,137,436	$1,486,925

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-16.69%

Cap Rate

2.78%

Return on Investment

0.09%

8321 Chinaberry Ln Indian River Shores, Florida, 32963

3 bed • 2.5 bath • 7 guests

Purchase Price

Est. $5,756/mo

Inquire about this property

Contact Agent

$363,400

Zestimate

$54,140

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $183/night at 81% occupancy.Projected nightly rate is $218/night at 66% occupancy.

Occupancy Rate

Top 16% of comparables

Avg Daily Rate

Top 53% of comparables

Seasonality

40 Airbnb Comparables

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

$53,974

Avg annual revenue

66%

Avg occupancy rate

$218

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

$55k

$85k

$120k

-$47,526

Profit

Revenue

$54,140

Operating Expenses

$20,718

Operating Income

$33,422

Mortgage & Taxes

$80,948

Profit (Cash Flow)

-$47,526

$284,625

Cash Investment

Down Payment

$240,000

Renos & Furnishing

$8,625

Closing Costs

$36,000

Total

$284,625

DSCR Ratio

Weak

0.41

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-16.69%

Cap Rate

2.78%

Return on Investment

0.09%

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

$56,953

Deductible property tax

$11,880

Your total deduction

$167,599

Your adjusted annual income

$150,000 - $167,599 = -$17,599

Taxes on -$17,599 (30%)

-$5,280

Your old tax bill

$45,000

Your new tax bill

-$5,280

Estimated tax savings

$50,280

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:

1985

Size:

2,151 sqft

Type:

CONDO

Parking:

Heating:

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Year Built	Last Sale	Days on Market
8409 Red Bay Ct	3	2	2,207	-	1988	$645,000	-
8325 Chinaberry Rd	2	2	1,860	-	1985	$0	-
8421 Sabal Palm Ct	2	3	2,477	-	1995	$0	-
8860 N Sea Oaks Way	3	2	2,600	-	2001	$1,500,000	-
1335 Winding Oaks Cir E	2	2	1,261	-	1989	$540,000	-
1315 Winding Oaks Cir E	2	2	1,261	-	1989	$0	-
1155 Winding Oaks Cir E	2	2	1,130	-	1984	$550,000	-
8880 N Sea Oaks Way	2	2	1,633	-	1988	$927,800	-
8349 Chinaberry Rd	3	3	2,017	-	1985	$899,000	2
8307 Chinaberry Rd	3	3	2,017	-	1984	$780,000	-

Property Details

MLS Status: N/A

Property Use: Condominium Unit (Residential)

Stories: 1

Lot size: -

Building area: 2,151 sqft

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 31-39-36-00006-0000-08321.0

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2024

Assessed Value: $672,112

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $672,112

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
07/15/22	$995,000	100%	Ryan C Reeder, The Ryan C Reeder Trust
11/03/16	$440,000	100%	Anne M Flynn
11/03/16	$0	0%	Anne M Flynn
03/23/14	$0	0%	Jane Muldoon, Peggy Muldoon
08/08/11	$0	0%	Jane N Muldoon, Jane Muldoon Trust
Invalid Date	$270,000	74%	James P Muldoon, Jane N Muldoon
01/06/98	$246,500	100%	Joseph R Carrino, Corinne M Carrino

Ownership

Name: Ryan Reeder

Owner Occupied: Yes

Owner Mailing Address: 8321 Chinaberry Rd, Indian River Shores, FL 32963

Years Owned: 28

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: 100%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Middle School: Gifford Middle School with 4/10 star rating
High School: Vero Beach High School with 5/10 star rating