Short Term Rental Analysis

910 Spruce St

Durham, North Carolina

3 bed

2.5 bath

6 guests

$325,000 Purchase Price

    Under Analysis

    For Sale

    Listing Unavailable

Notes

No description added

Projected Revenue

AirDna ADR: $170

AirDna Occupancy: 63%

Avg Daily Rate

Annual Revenue
$39,117

Occupancy Rate

230 Days/Year

63%

Financial Summary

This looks like a poor investment over the next 1 year

Revenue

$39,117

Operating Expenses

-$14,973

Operating Income

$24,144

Mortgage & Taxes

-$26,028

Profit (Cash Flow)

-$1,883

Get a Free Property Analysis

Want to see how much a property would make on Airbnb? All you need is an address to project your short term rental income. Go from a Zillow listing to complete financial analysis in seconds.

Return Metrics

-2.55% cash-on-cash return is a poor return over the next 1 year

Price Appreciation

3%

Cash on Cash Return

-2.55%

Cap Rate

7.42%

Cash Investment Summary

You will need $73,625 in cash to and renovate this property

Down Payment

-$65,000

Furniture & Renovations

-$8,625

Closing Costs

$0