BNBCalc Short Term Rental Investment Analysis 840 Paddleboard Ct, Melbourne, FL 32935

2 bed • 2 bath • 6 guests • $450,000

BNB

Calc

Annual Revenue

$29,037

Profit (Cash Flow)

-$18,773

Cap Rate

2.6%

Annual Revenue

$29,037

AirDNA projects $187/night at 42% occupancy ($28,686). Airbtics projects $159/night at 50% occupancy ($29,036). Airbtics predicts this property will perform in the 43% revenue percentile

BNB Calc projects a 50% occupancy rate, $159 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$18,389	$35,727	$44,240	$53,626
Occupancy	44%	54%	58%	66%
Nightly Rate	$110	$175	$200	$212

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Melbourne Waterfront-2 Bed 1 Bath-Incredible View	$36,306	$178	53%	2	1	2	$85	❌	❌	❌	Y / Y	⭐️ 4.9 (41)
Explorer Suite. Heated Pool, Hot Tub, on the River	$30,270	$108	73%	2	1	3	$95	✅	✅	✅	Y / Y	⭐️ 4.8 (156)
The Sunny Bungalow	$43,743	$211	56%	2	1	3	$120	❌	❌	✅	Y / Y	⭐️ 5 (10)
The Harbor Upper Level	$16,922	$205	21%	2	1	2	$75	✅	❌	✅	Y / N	⭐️ 4.8 (7)
New Canal front Townhome	$39,007	$188	55%	2	3	5	$200	❌	❌	✅	Y / N	⭐️ 5 (3)
Sea Horse	$9,882	$90	30%	2	1	3	$0	❌	❌	✅	N / N	⭐️ 1 (1)
Melbourne Waterfront 2 Bed 2 Bath Entire Apartment	$31,604	$172	47%	2	2	2	$85	❌	❌	❌	Y / Y	⭐️ 4.8 (72)
Dragonfly. Entire home.	$24,541	$99	59%	2	2	2	$130	❌	❌	❌	Y / Y	⭐️ 5 (119)
Jungle & Beach Rooms! HotTub & 88° HEATED pool!	$30,615	$116	66%	2	2	3	$112	✅	✅	❌	Y / Y	⭐️ 4.9 (52)
The Harbor Main Level	$36,617	$225	43%	2	2	2	$100	✅	❌	✅	Y / Y	⭐️ 4.8 (11)

Return Metrics

-17.06% 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)	-$18,773	-$37,546	-$56,320	-$75,093	-$93,867	-$187,734	-$563,204
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$4,420	$9,114	$14,097	$19,387	$25,004	$58,731	$360,000
Down Payment	$90,000	$90,000	$90,000	$90,000	$90,000	$90,000	$90,000
Property Appreciation	$13,500	$27,405	$41,727	$56,478	$71,673	$154,762	$642,268
Total Return	$89,147	$88,972	$89,504	$90,772	$92,810	$115,758	$529,063

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-17.06%

Cap Rate

2.57%

Return on Investment

-0.77%

840 Paddleboard Ct Melbourne, FL, 32935

2 bed • 2 bath • 6 guests

Purchase Price

Est. $2,158/mo

This property is for sale!

Contact Agent

Melbourne

Zoning

Laws

-66

Airbnb Investor Score

-$18,773

Annual Profit

2.6%

Cap Rate

-17.1%

Cash on Cash

$29,037

Annual Revenue

BNBCalc predicts this property will get $159 per night with 50% occupancy, putting it in the top 43% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 51% of comparables

Seasonality

10 Airbnb Comparables

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

$29,950

Avg annual revenue

50%

Avg occupancy rate

$159

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

$10k

$20k

$30k

$45k

-$18,773

Profit

Revenue

$29,037

Operating Expenses

$17,455

Operating Income

$11,582

Mortgage & Taxes

$30,356

Profit (Cash Flow)

-$18,773

$110,000

Cash Investment

Down Payment

$90,000

Renos & Furnishing

$6,500

Closing Costs

$13,500

Total

$110,000

DSCR Ratio

Weak

0.38

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-17.06%

Cap Rate

2.57%

Return on Investment

-0.77%

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

$21,357

Deductible property tax

$4,455

Your total deduction

$64,251

Your adjusted annual income

$150,000 - $64,251 = $85,749

Taxes on $85,749 (30%)

$25,725

Your old tax bill

$45,000

Your new tax bill

$25,725

Estimated tax savings

$19,275

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:

Size:

Type:

LAND

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: LAND

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -