BNBCalc Short Term Rental Investment Analysis 9850 S Thomas Dr UNIT 403W, Panama City Beach, FL, 32408

1 bed • 1 bath • 3 guests • $284,500

BNB

Calc

Annual Revenue

$54,936

Profit (Cash Flow)

$14,923

Cap Rate

12.0%

Annual Revenue

$54,936

AirDNA projects $211/night at 55% occupancy ($42,386). Airbtics projects $136/night at 64% occupancy ($31,790). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 89% occupancy rate, $169 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$19,900	$26,411	$48,227	$63,713
Occupancy	54%	65%	74%	79%
Nightly Rate	$95	$104	$169	$210

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Stylish Low Floor 5 Pools Condo! Steps 2 Beach!	$27,353	$84	81%	1	2	2	$175	✅	✅	❌	Y / Y	⭐️ 5 (37)
Luxurious King Suite Sky Rise Condo With 5 Pools	$29,777	$116	65%	1	2	1	$145	✅	✅	❌	Y / Y	⭐️ 4.8 (48)
"Sun of a Beach" #1105 PCB 1 Bedroom Sleeps 6	$49,637	$210	59%	1	2	1	$195	✅	✅	❌	Y / Y	⭐️ 4.8 (79)
Paradise at Laketown Wharf	$17,659	$93	44%	1	2	1	$149	✅	✅	❌	Y / Y	⭐️ 4.7 (205)
Enjoy the Beach and Put you Heels In The Sand!!!	$20,009	$80	66%	1	2	2	$169	✅	✅	❌	Y / Y	⭐️ 4.9 (99)
Shores of Panama 709~Sleeps 6*Fall Specials	$47,255	$182	70%	1	2	3	$155	✅	✅	❌	Y / Y	⭐️ 4.8 (27)
"Second Wind" PCB #1204 1 Bedroom Sleeps 6	$36,305	$212	43%	1	2	1	$195	✅	✅	❌	Y / Y	⭐️ 4.6 (60)
Shores of Panama 1225~2 Bdrm*Fall Specials	$44,867	$169	71%	1	2	3	$155	✅	✅	❌	Y / Y	⭐️ 4.8 (53)
Walk to Beach - 1BR Laketown Wharf 1714	$24,178	$100	60%	1	2	2	$145	✅	✅	❌	Y / Y	⭐️ 4.8 (13)
Endless Summer II (Gulf View)	$21,293	$93	54%	1	2	1	$149	✅	✅	❌	Y / Y	⭐️ 4.7 (102)
Beautiful Shores of Panama 1208	$31,076	$102	76%	1	2	3	$275	✅	✅	❌	Y / Y	⭐️ 4.8 (236)
Blue U Steps to the beach/Couples/ Small families	$28,874	$131	58%	1	2	2	$75	✅	✅	❌	Y / Y	⭐️ 5 (70)
Beautiful 23rd floor unit! * Free Activities	$27,681	$102	67%	1	2	1	$407	✅	✅	❌	Y / Y	⭐️ 5 (7)
Heaven on the Beach	$19,571	$92	48%	1	2	1	$149	✅	✅	❌	Y / Y	⭐️ 4.6 (172)
"Real Shore 1625" Sleeps 6-Ocean Views	$57,520	$190	79%	1	2	1	$215	✅	✅	❌	Y / Y	⭐️ 5 (34)
Shores of Panama 2327-1 Bedrm,Bunks, sleeper sofa	$23,908	$95	64%	1	2	1	$217	✅	❌	❌	Y / Y	⭐️ 4.5 (15)
* Escape to Your Ideal Getaway- Sleeps Up to 6*	$23,497	$76	75%	1	2	2	$185	✅	✅	❌	Y / Y	⭐️ 4.6 (80)
Snowbird Friendly-Laketown Wharf 1403	$38,129	$140	71%	1	2	2	$145	✅	✅	❌	Y / Y	⭐️ 4.6 (24)
Shores of Panama 630-1Bd+Bunks, Sleeps 6. Beach Front! Free Fun! Reserved Space	$46,607	$177	68%	1	2	2	$212	✅	❌	❌	Y / Y	⭐️ 4.8 (15)
Sweet 5 Pool Resort Condo! Ocean & Beach Views!	$26,880	$95	74%	1	2	3	$175	✅	✅	❌	Y / Y	⭐️ 4.9 (19)
Paradise at Laketown Wharf	$31,393	$94	89%	1	2	1	$175	✅	✅	❌	Y / Y	⭐️ 5 (66)
Beautiful Shores of Panama Penthouse #2209	$30,706	$103	75%	1	2	3	$275	✅	✅	❌	Y / Y	⭐️ 4.8 (181)
Breath taking views of the Gulf - Free Activities!	$25,972	$104	58%	1	2	1	$407	✅	✅	❌	Y / Y	⭐️ 3.5 (4)
Shores of Panama 325 - 3rd Floor, Updated, Free Fun! Sleeps 6.	$21,347	$96	55%	1	2	1	$212	✅	❌	❌	Y / Y	⭐️ 4.4 (20)
Private balcony, lovely views! Free Activities	$23,779	$104	51%	1	2	1	$407	✅	✅	❌	Y / Y	⭐️ 4.5 (7)
Family Friendly! 3rd floor LAKETOWN WHARF.LakeView	$34,115	$172	52%	1	2	2	$230	✅	✅	❌	Y / Y	⭐️ 4.8 (35)
Shores of Panama #1515 \| Views, Gym, Pool!	$63,266	$213	79%	1	2	2	$155	✅	✅	❌	Y / Y	⭐️ 5 (1)
Excellent Location & Amenities - Laketown Resort	$34,113	$107	86%	1	2	2	$180	✅	✅	❌	Y / Y	⭐️ 4.8 (68)
OCEAN VIEW 10th Floor Condo at Laketown Wharf 1004	$26,447	$133	48%	1	2	1	$160	✅	✅	❌	Y / Y	⭐️ 5 (2)
🍍 Pineapple Paradise 🍍 - 1bd + Bunk/2 Ba, Sleeps 6	$47,782	$155	82%	1	2	2	$150	✅	✅	❌	Y / Y	⭐️ 4.8 (165)
Family Friendly ~ Couples ~ Gulf Views 7th Floor	$34,235	$158	58%	1	2	2	$115	✅	✅	❌	Y / Y	⭐️ 5 (25)
1st Floor Beach Condo,1BD2B	$29,322	$101	74%	1	2	2	$149	✅	✅	❌	Y / Y	⭐️ 5 (41)
Gulf front condo with lagoon style swimming pool!	$31,073	$102	78%	1	2	1	$407	✅	✅	❌	Y / Y	⭐️ 4.8 (6)
5 Pools-Beach Dream Believer at Laketown Wharf 518	$43,797	$176	65%	1	2	2	$160	✅	✅	❌	Y / Y	⭐️ 5 (12)
Shores of Panama 2017-1 Bdrm+Bunks. Great View!	$63,596	$291	58%	1	2	1	$217	✅	❌	❌	Y / Y	⭐️ 4.5 (11)
5th Floor! Direct Gulf Views w/Same Floor Parking!	$95,334	$370	70%	1	2	2	$150	✅	✅	❌	Y / Y	⭐️ 4.9 (97)
Beach Front Slice of Paradise w/Parking (sleeps 6)	$41,872	$148	74%	1	2	3	$165	✅	✅	❌	Y / Y	⭐️ 4.8 (99)
Laketown Wharf 913	$16,328	$105	33%	1	2	1	$331	✅	✅	❌	Y / Y	⭐️ 4 (8)
Laketown Wharf 613	$18,887	$92	50%	1	2	1	$167	✅	✅	❌	Y / Y	⭐️ 4.2 (29)
Laketown Wharf 335	$18,362	$87	51%	1	2	1	$167	✅	✅	❌	Y / Y	⭐️ 4.8 (46)

Return Metrics

21.41% 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)	$14,923	$29,846	$44,769	$59,692	$74,615	$149,231	$447,694
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$227,600	$227,600	$227,600	$227,600	$227,600	$227,600	$227,600
Down Payment	$56,900	$56,900	$56,900	$56,900	$56,900	$56,900	$56,900
Property Appreciation	$8,535	$17,326	$26,380	$35,707	$45,313	$97,844	$406,056
Total Return	$307,958	$331,672	$355,650	$379,899	$404,429	$531,575	$1,138,250

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

21.41%

Cap Rate

11.99%

Return on Investment

37.67%

9850 S Thomas Dr Panama City Beach, Florida, 32408

1 bed • 1 bath • 3 guests

Purchase Price

Est. $1,365/mo

Inquire about this property

Contact Agent

$284,500

Zestimate

122

Airbnb Investor Score

$14,923

Annual Profit

12.0%

Cap Rate

21.4%

Cash on Cash

$54,936

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $211/night at 55% occupancy.Projected nightly rate is $136/night at 64% occupancy.

Occupancy Rate

Top 1% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$34,345

Avg annual revenue

64%

Avg occupancy rate

$136

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

$15k

$40k

$70k

$95k

$14,923

Profit

Revenue

$54,936

Operating Expenses

$20,822

Operating Income

$34,115

Mortgage & Taxes

$19,191

Profit (Cash Flow)

$14,923

$69,685

Cash Investment

Down Payment

$56,900

Renos & Furnishing

$4,250

Closing Costs

$8,535

Total

$69,685

DSCR Ratio

Strong

1.78

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

21.41%

Cap Rate

11.99%

Return on Investment

37.67%

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

$13,503

Deductible property tax

$2,817

Your total deduction

$13,848

Your adjusted annual income

$150,000 - $13,848 = $136,152

Taxes on $136,152 (30%)

$40,846

Your old tax bill

$45,000

Your new tax bill

$40,846

Estimated tax savings

$4,154

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:

1984

Size:

609 sqft

Type:

CONDO

Parking:

Heating:

Central, Electric

Sold Comparables

Property Details

MLS Status: N/A

Property Use: CONDO

Stories: -

Lot size: -

Building area: 609 sqft

Garage: No

Heating: Central, electric

Pool: No

Fireplaces: -

Basement: No

Cooling: Central Air, Ceiling Fan(s), Electric

View: Gulf

Parking: Gated, Parking Lot

Amenities: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: 34994583000

Flood Zone: No

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $284,500

Schools

High School: J.R. Arnold High School with 5/10 star rating